NOT LISTED FOR SALE

2572 60th St SE Grand Rapids, MI 49508

Estimated Value: $447,000 - $552,000

8 Beds
2 Baths
-- Sq Ft
0.57 Acres

Last Sold May 29, 2020

Last sale price $333,000

Est. 53% increase in value since last sale

Current estimated payment $3,153/month

6 Days on Market

Highlights

  • 0.57 Acre Lot
  • East Kentwood High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of May 2020

Well maintained 4brdm, 2ba duplex with attached large 2 car garage. Located conveniently on 60th St between Hanna lake Rd and Kalamazoo Ave with easy access to HWY 6. Unit features 2 bedroom 1 ba upstairs with cathedral ceilings and walkout private deck with a large shared backyard. 2 bedroom 1 ba downstairs with additional living room and utility area for storage. New Washer and Dryer located in unit for use by tenants and not shared with other side of duplex. Plenty of Off-street parking with unit including a large two car garage and multiple parking spaces. Unit is currently occupied. Available May 1st.

Application requirements: No prior evictions, no felonies within last 10 years, credit score 550+, and monthly income exceeding 3x rental amount. Not set up for section 8 or vouchers.

Last Agent to Sell the Property

Robert Groot

Groot Realty LLC License #6502106536 Listed on: 04/23/2020

Last Buyer's Agent

Jacob Thomas

United Realty Services LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,514

Year Built

  • Built in 2005

Lot Details

  • 0.57

Parking

  • 10 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Natural lighting in basement
  • 0.57 Acre Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, sewer

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $1,650
  • Operating Expense $14,300
  • Gross Income $31,050
  • Net Operating Income $16,750

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,514

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 2005
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight

Exterior Features

  • List Price: 339900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.57
  • Lot Size Area: 0.57
  • Lot Size Sq Ft: 25000.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 31050.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 1650.0
  • Net Operating Income: 16750.0
  • Number of Units Total: 2
  • Operating Expense: 14300.0

Tax Info

  • Tax Annual Amount: 4514.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
May 29, 2020
Sold by
Grd Partners Llc
Bought by
Laurion Scott
Seller's Agent
Robert Groot
Groot Realty LLC
Buyer's Agent
Jacob Thomas
United Realty Services LLC
List Price
$339,900
Sold Price
$333,000
Premium/Discount to List
-$6,900
-2.03%
Current Estimated Value
$510,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,583
Avg. Annual Appreciation
8.27%
Original Mortgage
$249,750
Outstanding Balance
$221,797
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$288,786

Purchase Details

Closed on
Jun 3, 2017
Sold by
Deboer Dan and Roodvoets Dan
Bought by
Grd Partners Llc

Purchase Details

Closed on
Feb 15, 2011
Sold by
Grd Enterprises Llc
Bought by
Roodvoets Dan and Deboer Dan

Purchase Details

Closed on
Jun 5, 2008
Sold by
Roodvoets Dan and Deboer Dan
Bought by
Grd Enterprises Llc

Purchase Details

Closed on
Jun 29, 2005
Sold by
Kulper Ronald and Kulper Marlys
Bought by
Roodvoets Dan and Deboer Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,800
Interest Rate
5.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 7, 2004
Sold by
Buning Donald J and Buning Eunice M
Bought by
Kuiper Ronald and Kuiper Marlys
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
Laurion Scott $333,000 None Available
Grd Partners Llc -- None Available
Roodvoets Dan -- None Available
Grd Enterprises Llc -- None Available
Roodvoets Dan $249,000 --
Roodvoets Dan -- --
Kuiper Ronald $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laurion Scott $249,750
Previous Owner Roodvoets Dan $49,800
Previous Owner Roodvoets Dan $199,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2025 03/14/25 Off Market $2,100 -- --
03/05/2025 03/05/25 For Rent $2,100 0.0% --
05/29/2020 05/29/20 Sold $333,000 -2.0% --
04/29/2020 04/29/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $339,900 -- --
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 $5,352 $214,400 $0 $0
2024 $5,352 $202,400 $0 $0
2022 $4,418 $166,300 $0 $0
2021 $4,418 $160,600 $0 $0
2020 $4,418 $131,300 $0 $0
2019 $4,418 $126,500 $0 $0
2018 $4,418 $106,800 $19,000 $87,800
2017 $0 $104,900 $0 $0
2016 $0 $94,600 $0 $0
2015 -- $94,600 $0 $0
2013 -- $90,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20013426

Southwestern Michigan Association of REALTORS®

APN: 41-22-03-100-035