NOT LISTED FOR SALE

2425 Edgewood Ave SE Grand Rapids, MI 49546

Ridgemoor Neighborhood

Estimated Value: $357,000 - $423,000

4 Beds
2 Baths
-- Sq Ft
9,713 Sq Ft Lot

Last Sold April 28, 2016

Last sale price $159,900

Est. 150% increase in value since last sale

Current estimated payment $2,525/month

2 Days on Market

Highlights

  • Forced Air Heating System
  • 4 Car Garage
  • Wood Siding

About This Home

As of April 2016

Side by side duplex with split utilities. Rents for $1615/MO. Updated electrical panels.

Last Agent to Sell the Property

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 03/23/2016

Compass Realty Services

Co-Listed By

Thomas Koetsier

Kay Courtney & Associates

Last Buyer's Agent

Thomas Koetsier

Kay Courtney & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,863

Year Built

  • Built in 1965

Lot Details

  • 9,713

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Cable TV Available

Additional Features

  • Partial Basement
  • 9,713 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for trash collection, gas
  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,863

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1965
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 81*120
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2863.01
  • Tax Info:Zoning3: N/A
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 159900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9713.0
  • Zoning Description: N/A
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Trash Collection, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2863.01
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2023
Sold by
Wipf Rebecca
Bought by
Spyglass Homes Llc
Current Estimated Value
$399,229

Purchase Details

Closed on
Jul 27, 2023
Sold by
Beadner Jeremy
Bought by
Beadner Rebecca

Purchase Details

Listed on
Mar 23, 2016
Closed on
Apr 28, 2016
Sold by
Capital Property Management Llc
Bought by
Spyglass Homes Llc
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Thomas Koetsier
Kay Courtney & Associates
List Price
$159,900
Sold Price
$159,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$121,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2008
Sold by
Timmer Jonathan and Timmer Van Kula
Bought by
Capital Property Management Llc

Purchase Details

Closed on
Jul 12, 2006
Sold by
Omanchi Samuel
Bought by
Fremont Investment & Loan

Purchase Details

Closed on
Sep 9, 2005
Sold by
Konkus R Isaiah and Konkus Julie
Bought by
Omanchi Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
8.45%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 15, 2003
Sold by
Konkus R Isaiah
Bought by
Konkus R Isaiah and Konkus Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2000
Bought by
Konkus I and Capital Property Management Ll

Purchase Details

Closed on
May 30, 1997
Sold by
Schrbk Ts and Schrbk D
Bought by
Capital Property Management Llc

Purchase Details

Closed on
Sep 21, 1992
Sold by
Schrbk Ts and Schrbk D
Bought by
Capital Property Management Llc

Purchase Details

Closed on
Dec 4, 1990
Sold by
Shrbk Schierbk C and Tst Shrbk
Bought by
Capital Property Management Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Spyglass Homes Llc -- None Listed On Document
Beadner Rebecca -- None Listed On Document
Beadner Jeremy -- None Listed On Document
Spyglass Homes Llc $159,900 None Available
Capital Property Management Llc -- None Available
Fremont Investment & Loan $153,000 None Available
Omanchi Samuel $195,000 Crowne Title Agency
Konkus R Isaiah -- Crowne Title Agency
Konkus I $160,000 --
Capital Property Management Llc $91,000 --
Capital Property Management Llc -- --
Capital Property Management Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spyglass Homes Llc $121,000
Previous Owner Vankula Charles $145,600
Previous Owner Timmer Jonathan $140,000
Previous Owner Omanchi Samuel $156,000
Previous Owner Konkus R Isaiah $148,000
Previous Owner Konkus Isaiah $127,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2016 04/28/16 Sold $159,900 0.0% --
03/25/2016 03/25/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $159,900 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,190 $151,400 $0 $0
2024 $4,190 $127,700 $0 $0
2023 $4,153 $113,100 $0 $0
2022 $3,947 $107,000 $0 $0
2021 $3,864 $98,200 $0 $0
2020 $3,667 $86,200 $0 $0
2019 $3,752 $73,000 $0 $0
2018 $3,675 $68,500 $0 $0
2017 $3,589 $56,700 $0 $0
2016 $2,935 $54,600 $0 $0
2015 $2,863 $54,600 $0 $0
2013 -- $55,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    132 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2016

    Thomas Koetsier

    Kay Courtney & Associates

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16012155

Southwestern Michigan Association of REALTORS®

APN: 41-18-10-402-007

Michigan Kent County Grand Rapids 49546 Ridgemoor

2425 Edgewood Ave SE, Grand Rapids, MI

This home is located at 2425 Edgewood Ave SE, Grand Rapids, MI 49546 since 23 March 2016 and is currently estimated at $399,229. This property was built in 1965. 2425 Edgewood Ave SE is a home located in Kent County with nearby schools including Sherwood Park Global Studies Academy, Alger Middle School, and Ottawa Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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