NOT LISTED FOR SALE

2721 Nolan Ave NW Grand Rapids, MI 49534

Estimated Value: $404,000 - $435,138

-- Bed
4 Baths
-- Sq Ft
0.3 Acres

Last Sold January 18, 2019

Last sale price $221,000

Est. 88% increase in value since last sale

Current estimated payment $2,640/month

1 Day on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of January 2019

Great investment opportunity! Well maintained duplex in a quiet neighborhood convenient to schools and shopping. Each side has 2 bedrooms and 2 baths and finished rec space in the lower level. Galley style kitchens and a large living room. Two stall garage and large drive way. Well cared for and very clean. Tenants are month to month and have been there for quite a while.

Last Agent to Sell the Property

Lucas Howard

Keller Williams GR East License #6502359815 Listed on: 01/10/2019

Keller Williams GR East

Co-Listed By

Kindell Rerucha

Keller Williams GR North (Main) License #6501378536

Last Buyer's Agent

John Cremer

Five Star Real Estate (Grandv) License #6502418398

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,918

Year Built

  • Built in 1980

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 99x150

Home Design

  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,071
  • Utility Expense $937
  • Operating Expense $2,008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,918

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1980
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 99x150
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3918.4
  • Tax Info:Zoning3: A2
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Broadband
  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Brick, Vinyl Siding
  • List Price: 200000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Dimensions: 99x150
  • Lot Size Sq Ft: 13068.0
  • Zoning Description: A2
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: None

Multi Family

  • Insurance Expense: 1071.0
  • Number of Units Total: 2
  • Operating Expense: 2008.0

Tax Info

  • Tax Annual Amount: 3918.4
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2019
Closed on
Jan 18, 2019
Sold by
Reinders Betty J and Betty J Reinders Trust
Bought by
Griffioen Steven
Seller's Agent
Lucas Howard
Keller Williams GR East
Buyer's Agent
John Cremer
Five Star Real Estate (Grandv)
List Price
$200,000
Sold Price
$221,000
Premium/Discount to List
$21,000
10.5%
Current Estimated Value
$415,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,785
Avg. Annual Appreciation
9.82%

Purchase Details

Listed on
Jan 10, 2019
Closed on
Jan 17, 2019
Sold by
Degroot Shirley Ann and Shirley Ann Degroot Revocable
Bought by
Reinders Betty J and Betty J Reinders Trust
Seller's Agent
Lucas Howard
Keller Williams GR East
Buyer's Agent
John Cremer
Five Star Real Estate (Grandv)
List Price
$200,000
Sold Price
$221,000
Premium/Discount to List
$21,000
10.5%

Purchase Details

Closed on
Jan 30, 2018
Sold by
Phillips Gorge R
Bought by
Degroot Shirley Ann and Shirly Ann Degroot Revocable Trust

Purchase Details

Closed on
Jun 1, 2016
Sold by
Phillips George R and Phillips Betty Jean
Bought by
Betty J Reinders Trust

Purchase Details

Closed on
Jul 1, 2008
Sold by
Phillips George R
Bought by
Phillips George R and Phillips Betty Jean

Purchase Details

Closed on
May 1, 1985
Sold by
Te Velde Harm
Bought by
Phillips George R and Te Velde Meyer Betty Jean Trus
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
Griffioen Steven $221,000 None Available
Reinders Betty J -- None Available
Degroot Shirley Ann -- None Available
Betty J Reinders Trust -- Attorney
Phillips George R -- None Available
Phillips George R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $221,000 +10.5% --
01/11/2019 01/11/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $200,000 -- --
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 $5,192 $172,000 $0 $0
2024 $5,192 $151,700 $0 $0
2023 $4,956 $136,600 $0 $0
2022 $5,074 $123,100 $0 $0
2021 $4,932 $109,800 $0 $0
2020 $4,538 $104,500 $0 $0
2019 $6,651 $91,700 $0 $0
2018 $3,918 $84,700 $0 $0
2017 $3,827 $81,600 $0 $0
2016 $3,497 $81,100 $0 $0
2015 $3,376 $81,100 $0 $0
2013 -- $74,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lucas Howard

    Seller's Agent in 2019

    Lucas Howard

    Keller Williams GR East

    (616) 893-6478

    16 in this area

    1,216 Total Sales

    Lucas Howard
    Section Image

  • K

    Seller Co-Listing Agent in 2019

    Kindell Rerucha

    Keller Williams GR North (Main)

    (616) 808-1470

    1 in this area

    131 Total Sales

    Kindell Rerucha
    Section Image
  • John Cremer

    Buyer's Agent in 2019

    John Cremer

    Five Star Real Estate (Grandv)

    (616) 437-9166

    5 in this area

    606 Total Sales

    John Cremer
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19001274

Southwestern Michigan Association of REALTORS®

APN: 41-13-07-229-003

Michigan Kent County Grand Rapids 49534

2721 Nolan Ave NW, Grand Rapids, MI

This home is located at 2721 Nolan Ave NW, Grand Rapids, MI 49534 since 10 January 2019 and is currently estimated at $415,785. This property was built in 1980. 2721 Nolan Ave NW is a home located in Kent County with nearby schools including Kenowa Hills Central Elementary School, Kenowa Hills Middle School, and Kenowa 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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