NOT LISTED FOR SALE

25 La Belle St SW Grand Rapids, MI 49507

Southeast Community Association Neighborhood

Estimated Value: $196,000 - $232,000

-- Bed
-- Bath
-- Sq Ft
5,837 Sq Ft Lot

Last Sold March 09, 2018

Last sale price $65,600

Est. 228% increase in value since last sale

Current estimated payment $1,430/month

About This Home

As of March 2018

2 unit with vinyl siding, replacement windows, updated plumbing, some newer mechanicals. City Certified through 1/04/2020. Rented for $1450/MO. Both units are month to month.

Last Agent to Sell the Property

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 03/09/2018

Compass Realty Services

Co-Listed By

Thomas Koetsier

Kay Courtney & Associates

Last Buyer's Agent

Nonmember Agent

Non Member

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,837 Sq Ft Lot
  • Lot Dimensions are 54x108

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Parking

  • 2 Parking Spaces
  • Unpaved Driveway

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 65600.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5837.0
  • Zoning Description: NA
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1700.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2018
Closed on
Feb 22, 2018
Sold by
Timmer Jonathan and Parcels 1 4 Gecko Properties L
Bought by
Real Estate Ventures Llc
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Nonmember Agent
Non Member
List Price
$65,600
Sold Price
$65,600
Total Days on Market
0
Current Estimated Value
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,400
Avg. Annual Appreciation
17.66%
Original Mortgage
$579,000
Outstanding Balance
$501,855
Interest Rate
4.22%
Mortgage Type
Construction
Estimated Equity
-$288,575

Purchase Details

Closed on
Jul 28, 2017
Sold by
East Hill Party Store Llc
Bought by
Gecko Properties Llc

Purchase Details

Listed on
May 21, 2013
Closed on
Jun 7, 2013
Sold by
39383 Waldorf Llc
Bought by
East Hills Party Store Llc
Seller's Agent
David Brooks
LASTBIDrealestate.com - I
Buyer's Agent
Joey Mann
Five Star Real Estate (Casc) - I
List Price
$12,900
Sold Price
$15,050
Premium/Discount to List
$2,150
16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.70%

Purchase Details

Closed on
Dec 24, 2012
Sold by
U S Bank National Association
Bought by
39383 Waldorf Llc

Purchase Details

Closed on
Jan 18, 2012
Sold by
Toscano Robert
Bought by
U S Bank National Association and Bank Of America Na

Purchase Details

Closed on
May 11, 2007
Sold by
Toscano Lila R
Bought by
Toscano Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
10.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 1996
Sold by
Vail Vail E E and Vail E
Bought by
Vail E Tst and East Hills Party Store Llc

Purchase Details

Closed on
Jun 14, 1995
Sold by
Vail Vail E E and Vail Toscano J
Bought by
Toscano J and East Hills Party Store Llc

Purchase Details

Closed on
Feb 19, 1992
Sold by
Vail Vail E E and Vail E
Bought by
East Hills Party Store 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
Real Estate Ventures Llc $772,000 None Available
Gecko Properties Llc $525,000 None Available
East Hills Party Store Llc $15,050 None Available
39383 Waldorf Llc $4,103 None Available
U S Bank National Association $87,349 None Available
Toscano Robert $84,000 None Available
Vail E Tst -- --
Toscano J $18,000 --
East Hills Party Store Llc $19,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Real Estate Ventures Llc $579,000
Previous Owner Toscano Robert $75,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Sold $65,600 0.0% --
03/09/2018 03/09/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $65,600 +335.9% --
06/07/2013 06/07/13 Sold $15,050 +16.7% --
05/24/2013 05/24/13 Pending -- -- --
05/21/2013 05/21/13 For Sale $12,900 -- --
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
2024 $2,671 $97,700 $0 $0
2023 $2,649 $87,000 $0 $0
2022 $2,518 $72,300 $0 $0
2021 $2,454 $65,400 $0 $0
2020 $2,371 $55,000 $0 $0
2019 $2,428 $45,500 $0 $0
2018 $1,981 $37,400 $0 $0
2017 $1,671 $31,400 $0 $0
2016 $1,679 $31,300 $0 $0
2015 $1,600 $31,300 $0 $0
2013 -- $31,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    5 in this area

    138 Total Sales

    Allison Koetsier
    Section Image

  • T

    Seller Co-Listing Agent in 2018

    Thomas Koetsier

    Kay Courtney & Associates

  • N

    Buyer's Agent in 2018

    Nonmember Agent

    Non Member

  • D

    Seller's Agent in 2013

    David Brooks

    LASTBIDrealestate.com - I

  • J

    Buyer's Agent in 2013

    Joey Mann

    Five Star Real Estate (Casc) - I

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18008647

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-231-021

Michigan Kent County Grand Rapids 49507 Southeast Community Association

25 La Belle St SW, Grand Rapids, MI

This home is located at 25 La Belle St SW, Grand Rapids, MI 49507 since 09 March 2018 and is currently estimated at $215,000. This property was built in 1900. 25 La Belle St SW is a home located in Kent County with nearby schools including Cesar E. Chavez Elementary, Burton Middle School, and Union 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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