NOT LISTED FOR SALE

2526 Ardmore St SE Unit 2528 Grand Rapids, MI 49506

Estimated Value: $401,000 - $459,000

4 Beds
2 Baths
-- Sq Ft
0.64 Acres

Last Sold April 13, 2018

Last sale price $233,000

Est. 83% increase in value since last sale

Current estimated payment $2,722/month

8 Days on Market

Highlights

  • 0.64 Acre Lot
  • Forced Air Heating System
  • Wood Siding
  • Main Floor Bedroom
  • 45 Car Garage

About This Home

As of April 2018

Great area right next to Breton Village Mall. solid money maker and easy to maintain! Large parking lot behind bldg. for additional rental income. Property has three lots! Cant do showings until 3/26/18 showings through 3/30/18 and presenting offers Saturday 3/31/18

Last Agent to Sell the Property

David Scholl

Coldwell Banker AJS (28th St) Listed on: 03/23/2018

Last Buyer's Agent

Richard Grant

Keller Williams GR North (Main) License #6501387637

Keller Williams GR North (Main)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,642

Year Built

  • Built in 1973

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 211x155x185x125

Parking

  • 45 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Utilities

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

Additional Features

  • Main Floor Bedroom
  • Stepless Entry

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 $787
  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,642

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1973
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 211x155x185x125
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 3642.0
  • Tax Info:Zoning3: R-1
  • 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
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Slab: Yes
  • Accessibility Feat:No Step Entrance: Yes
  • Accessibility Feat:Accessible Mn Flr Be: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Accessible M Flr Hal, Accessible Mn Flr Be, Accessible Mn Flr Fu, No Step Entrance
  • Basement: Slab

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 225000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 45.0
  • General Property Info:Total Parking Spaces: 45.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.64
  • Lot Size Area: 0.64
  • Lot Size Sq Ft: 27747.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 21600.0
  • Insurance Expense: 787.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3642.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2018
Closed on
Apr 13, 2018
Sold by
Scholl David A
Bought by
Spagnuolo Achilles
Seller's Agent
David Scholl
Coldwell Banker AJS (28th St)
Buyer's Agent
Richard Grant
Keller Williams GR North (Main)
List Price
$2,250,000
Sold Price
$233,000
Premium/Discount to List
-$2,017,000
-89.64%
Current Estimated Value
$425,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,919
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Sep 23, 1998
Sold by
Foy Ch Ts and Foy Scholl D
Bought by
Scholl Scholl D and Scholl David A

Purchase Details

Closed on
Jul 1, 1998
Sold by
Foy Foy G G and Foy D
Bought by
Scholl David A

Purchase Details

Closed on
Aug 9, 1984
Bought by
Scholl David A
Source: Public Records

Range of Values:

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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
Spagnuolo Achilles -- Chicago Title Of Michigan In
Scholl Scholl D $114,000 --
Scholl David A -- --
Scholl David A $75,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2018 04/13/18 Sold $233,000 -89.6% --
03/31/2018 03/31/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $2,250,000 -- --
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 $5,465 $181,100 $0 $0
2024 $5,465 $153,600 $0 $0
2023 $5,224 $127,300 $0 $0
2022 $5,153 $119,600 $0 $0
2021 $5,020 $107,400 $0 $0
2020 $4,852 $97,600 $0 $0
2019 $5,112 $93,100 $0 $0
2018 $3,559 $85,500 $0 $0
2017 $3,472 $71,600 $0 $0
2016 $3,489 $69,400 $0 $0
2015 $3,324 $69,400 $0 $0
2013 -- $65,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    David Scholl

    Coldwell Banker AJS (28th St)

  • R

    Buyer's Agent in 2018

    Richard Grant

    Keller Williams GR North (Main)

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18011052

Southwestern Michigan Association of REALTORS®

APN: 41-18-03-356-007

Michigan Kent County Grand Rapids 49506

2526 Ardmore St SE Unit 2528, Grand Rapids, MI

This home is located at 2526 Ardmore St SE Unit 2528, Grand Rapids, MI 49506 since 23 March 2018 and is currently estimated at $425,919. This property was built in 1973. 2526 Ardmore St SE Unit 2528 is a home located in Kent County with nearby schools including Mulick Park Elementary School, 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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