NOT LISTED FOR SALE

2657 Briarwood Ct SE Grand Rapids, MI 49512

Estimated Value: $378,838 - $494,000

-- Bed
4 Baths
-- Sq Ft
0.29 Acres

Last Sold September 13, 2013

Last sale price $190,000

Est. 137% increase in value since last sale

Current estimated payment $2,776/month

84 Days on Market

Highlights

  • Cul-De-Sac
  • Forced Air Heating System
  • 1-minute walk to Stanaback Park
  • East Kentwood High School Rated A-

About This Home

As of September 2013

Meticulously maintained duplex for owner/occupied/rental or investor. 1900 sq. ft. on each side, presently renting for $1100 each and tenants pays own utilities. Each side features: Anderson windows, cathedral ceiling, breakfast bar, maple cabinets, GE appliances, deck/patio, 3 bedrooms, 3 baths, 2 car garage with openers. Family room with sliders on walkout level. Factor 22 insulation for 25-40% utility savings. Professional landscaped/serviced with underground sprinklers. Appliances include installed microwave, stove/oven, dishwasher, refrigerator, washer and dryer. Separate utilities. Backyard has fenced pond area and wildlife. Quiet cul-de-sac. Present owners provide trash, lawn services, and snow plowing.

Last Agent to Sell the Property

Jeanenne Morton

Greenridge Realty (Cascade) License #6506003560 Listed on: 05/21/2013

Last Buyer's Agent

Kim Paavola

Greenridge Realty (Caledonia) License #6501267462

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1998

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Basement

  • Walk-Out Basement

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $26,400

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walk Out

Exterior Features

  • List Price: 249000.0
  • Lot Features: Cul-De-Sac
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Size Sq Ft: 12467.0
  • Zoning Description: Residential

Rental Info

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

Multi Family

  • Gross Income: 26400.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 5268.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2013
Closed on
Sep 13, 2013
Sold by
Shorey Sharen E and Frederick A Shorey Family Trus
Bought by
Mingerink David and Mingerink Elisa
Seller's Agent
Jeanenne Morton
Greenridge Realty (Cascade)
Buyer's Agent
Kim Paavola
Greenridge Realty (Caledonia)
List Price
$249,000
Sold Price
$190,000
Premium/Discount to List
-$59,000
-23.69%
Current Estimated Value
$451,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,210
Avg. Annual Appreciation
7.40%
Original Mortgage
$90,000
Outstanding Balance
$23,013
Interest Rate
4.39%
Mortgage Type
New Conventional
Estimated Equity
$428,197

Purchase Details

Closed on
Jan 9, 2004
Sold by
Shorey Fred
Bought by
Shorey Frederick A and Shorey Sharen E
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
Mingerink David $190,000 Chicago Title
Shorey Sharen E -- None Available
Shorey Frederick A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mingerink David $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2013 09/13/13 Sold $190,000 -23.7% --
08/13/2013 08/13/13 Pending -- -- --
05/21/2013 05/21/13 For Sale $249,000 -- --
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 $4,697 $196,700 $0 $0
2024 $4,697 $196,700 $0 $0
2023 $4,272 $196,700 $0 $0
2022 $5,135 $139,800 $0 $0
2021 $5,019 $136,500 $0 $0
2020 $3,837 $136,500 $0 $0
2019 $4,896 $124,100 $0 $0
2018 $4,790 $124,100 $0 $0
2017 $4,670 $111,600 $0 $0
2016 $4,543 $99,200 $0 $0
2015 $4,412 $99,200 $0 $0
2013 -- $96,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13029104

Southwestern Michigan Association of REALTORS®

APN: 41-18-22-328-019