$16,500
SOLD FEB 25, 2013

262 Spencer St NE Grand Rapids, MI 49505

Creston Neighborhood
-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Recently Sold

15% Below List Price

29 Days on Market

About This Home

As of April 2022

Affordable NE multi-unit. This 2 unit gem features 2BR 1BA in one unit and 1 BR 1 BA in the second unit. See this home today! Seller will not consider non owner occupant offers until 15 days from MLS date. Property is sold as is and buyer is responsible for all inspections. All information represented herein is approximated and independent verification by buyer is required - information is not guaranteed. It is suggested all offers include proof of funds. Cash only. INCLUDE YOUR E-MAIL, E-MAIL OFFERS ONLY. Potential buyers should independently verify all information on listing card for accuracy. Agent for owner. Verify if offer is owner occupant or investor. Legibly include the buyer's legal name on the purchase agreement-this must exactly match buyer's signature, addendums and loan docs

Last Agent to Sell the Property

Tom Dann

Value Point Real Estate License #6502327633 Listed on: 01/09/2013

Co-Listed By

Ken Cleypool

Value Point Real Estate

Last Buyer's Agent

Wyatt Martin

Greenridge Realty (EGR)

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1911

Parking

  • 2 Parking Spaces

Additional Features

  • 2,614 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, trash collection, sewer, gas

Property Details

Home Type

Apartment

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 19400.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2614.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2278.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Apr 22, 2022
Sold by
262 Spencer Llc
Bought by
Matos Tatiana
Seller's Agent
Wyatt Martin
Greenridge Realty (EGR)
Buyer's Agent
Paul Marantette
Green Square Properties LLC
List Price
$209,900
Sold Price
$275,000
Premium/Discount to List
$65,100
31.01%
Current Estimated Value
$256,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,905
Avg. Annual Appreciation
0.52%
Original Mortgage
$270,019
Outstanding Balance
$257,309
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$22,639

Purchase Details

Closed on
May 15, 2018
Sold by
Hotckins Max and Finos Brian
Bought by
262 Spencer Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,900
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 9, 2013
Closed on
Feb 22, 2013
Sold by
Fannie Mae
Bought by
Hotchkin Max and Finos Brian
Seller's Agent
Tom Dann
Value Point Real Estate
Buyer's Agent
Wyatt Martin
Greenridge Realty (EGR)
List Price
$19,400
Sold Price
$16,500
Premium/Discount to List
-$2,900
-14.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.19%

Purchase Details

Closed on
Jul 5, 2012
Sold by
Bank Of America Na
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jun 27, 2012
Sold by
Fernandez John and Fernandez Amelia
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 17, 2003
Sold by
Garcia Joe L and Garcia Rose Marie
Bought by
Fernandez John and Fernandez Amelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,410
Interest Rate
6.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 1997
Sold by
Frye Frye J J and Frye P
Bought by
Garcia Garcia J and Garcia R

Purchase Details

Closed on
Aug 16, 1994
Sold by
Smith Smith B B and Smith Frye J
Bought by
Hotchkin Max Finos Brian

Purchase Details

Closed on
Sep 28, 1992
Sold by
Smith Smith B B and Smith A
Bought by
Hotchkin Max Finos Brian

Purchase Details

Closed on
Nov 25, 1986
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 Type Sale Price Title Company
Warranty Deed $275,000 None Listed On Document
Quit Claim Deed -- None Available
Deed $16,500 Attorneys Title Agency Llc
Quit Claim Deed -- None Available
Sheriffs Deed $74,942 None Available
Warranty Deed $64,900 Fatic
Warranty Deed $47,000 --
Warranty Deed $42,900 --
Quit Claim Deed -- --
Deed $32,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,019 New Conventional
Previous Owner $88,900 Commercial
Previous Owner $58,410 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $275,000 +31.0% --
03/22/2022 03/22/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $209,900 +1172.1% --
02/25/2013 02/25/13 Sold $16,500 -14.9% --
02/07/2013 02/07/13 Pending -- -- --
01/09/2013 01/09/13 For Sale $19,400 -- --
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 $2,855 $85,100 $0 $0
2024 $2,855 $63,400 $0 $0
2023 $4,471 $87,100 $0 $0
2022 $2,369 $76,500 $0 $0
2021 $2,799 $69,100 $0 $0
2020 $2,705 $62,600 $0 $0
2019 $2,770 $51,900 $0 $0
2018 $1,676 $41,100 $0 $0
2017 $1,635 $34,400 $0 $0
2016 $1,643 $17,800 $0 $0
2015 $841 $17,800 $0 $0
2013 -- $28,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wyatt Martin

    Seller's Agent in 2022

    Wyatt Martin

    Greenridge Realty (EGR)

    (616) 889-4279

    8 in this area

    228 Total Sales

    Wyatt Martin
    Section Image
  • Paul Marantette

    Buyer's Agent in 2022

    Paul Marantette

    Green Square Properties LLC

    (313) 727-5570

    6 in this area

    97 Total Sales

    Paul Marantette
    Section Image

  • T

    Seller's Agent in 2013

    Tom Dann

    Value Point Real Estate

    (616) 363-6678

    2 in this area

    39 Total Sales

    Tom Dann
    Section Image

  • K

    Seller Co-Listing Agent in 2013

    Ken Cleypool

    Value Point Real Estate

    (616) 299-2987

    3 in this area

    54 Total Sales

    Ken Cleypool
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13002515

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-377-005

Michigan Kent County Grand Rapids 49505 Creston

262 Spencer St NE, Grand Rapids, MI

This home is located at 262 Spencer St NE, Grand Rapids, MI 49505 and is currently priced at $16,500. This property was built in 1911. 262 Spencer St NE is a home located in Kent County with nearby schools including Palmer 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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