NOT LISTED FOR SALE

2511 Ridgefield Dr NE Grand Rapids, MI 49505

North East Citizens Action Neighborhood

Estimated Value: $343,000 - $420,000

4 Beds
4 Baths
-- Sq Ft
9,600 Sq Ft Lot

Last Sold November 10, 2016

Last sale price $136,500

Est. 176% increase in value since last sale

Current estimated payment $2,405/month

3 Days on Market

Highlights

  • Corner Lot: Yes
  • 2 Car Garage
  • Wood Siding
  • Forced Air Heating System

About This Home

As of November 2016

This duplex, located in the Beckwith area, is a great opportunity for an investor or owner/occupant situation. Both units feature a full basement with laundry hook-ups, main floor living room, kitchen with dining area, and 1/2 bath. Upstairs has 2 bedrooms and a full bath. The garage is shared half and half for each unit and has an entrance from the east unit directly into the garage. New roof just this summer. Units are currently rented on month to month basis.Agent is owner.

Last Agent to Sell the Property

Fonda Paarlberg

Greenridge Realty (Cascade) License #6501339488 Listed on: 10/19/2016

Last Buyer's Agent

Nathan Coffman

RE/MAX of Grand Rapids (FH)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,824

Year Built

  • Built in 1978

Lot Details

  • 9,600 Sq Ft Lot
  • Lot Dimensions are 80 x 120
  • Corner Lot: Yes
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $900
  • Utility Expense $20,014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,824

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1978
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 80 x 120
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2823.73
  • Tax Info:Zoning3: Residential
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Aluminum Siding, Wood Siding, Brick
  • List Price: 150000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9600.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 1000.0
  • Maintenance Expense: 900.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2823.73
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2016
Closed on
Nov 10, 2016
Sold by
Paarlberg Thamas P and Paarlberg Fonda J
Bought by
Coffman Renrtals Llc
Seller's Agent
Fonda Paarlberg
Greenridge Realty (Cascade)
Buyer's Agent
Nathan Coffman
RE/MAX of Grand Rapids (FH)
List Price
$150,000
Sold Price
$136,500
Premium/Discount to List
-$13,500
-9%
Current Estimated Value
$377,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,629
Avg. Annual Appreciation
11.47%
Source: Public Records

Range of Values:

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Average Value
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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
Coffman Renrtals Llc $136,500 Chicago Title Of Michigan In
Coffman Rentals Llc $136,500 Chicago Title Of Mi Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coffman Rentals Llc $125,000
Previous Owner Paarlberg Thomas P $72,819
Previous Owner Paarlberg Thomas P $113,000
Previous Owner Paarlberg Thomas P $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2016 11/10/16 Sold $136,500 -9.0% --
10/22/2016 10/22/16 Pending -- -- --
10/19/2016 10/19/16 For Sale $150,000 -- --
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 $4,253 $175,900 $0 $0
2024 $4,253 $154,100 $0 $0
2023 $4,219 $134,300 $0 $0
2022 $4,010 $120,300 $0 $0
2021 $3,907 $108,700 $0 $0
2020 $3,790 $103,700 $0 $0
2019 $3,880 $88,200 $0 $0
2018 $3,762 $73,000 $0 $0
2017 $3,670 $61,400 $0 $0
2016 $2,922 $56,200 $0 $0
2015 $2,784 $56,200 $0 $0
2013 -- $58,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2016

    Fonda Paarlberg

    Greenridge Realty (Cascade)

  • N

    Buyer's Agent in 2016

    Nathan Coffman

    RE/MAX Michigan

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16053271

Southwestern Michigan Association of REALTORS®

APN: 41-14-15-320-014

Michigan Kent County Grand Rapids 49505 North East Citizens Action

2511 Ridgefield Dr NE, Grand Rapids, MI

This home is located at 2511 Ridgefield Dr NE, Grand Rapids, MI 49505 since 19 October 2016 and is currently estimated at $377,129. This property was built in 1978. 2511 Ridgefield Dr NE is a home located in Kent County with nearby schools including Kent Hills School, Riverside 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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