NOT LISTED FOR SALE

2872 Taft Ave SW Wyoming, MI 49519

Burlingame Heights Neighborhood

Estimated Value: $918,000

-- Bed
-- Bath
-- Sq Ft
0.82 Acres

Last Sold May 28, 2015

Last sale price $500,000

Est. 84% increase in value since last sale

Current estimated payment $6,916/month

18 Days on Market

About This Home

As of May 2015

Well maintained by a single owner. Split utilities, laundry on site, plenty of parking. 3 Buildings, 14 units. One building has 6 townhouse style apartments with 2 bedrooms, 1.5 baths. The other 2 buildings have 6-1 bed apartments and 2-2 bed apartments. Each unit has their own boiler which has been serviced yearly accept for 2 which were replaced in the last 2 years. The roof on building 2874 was new in 2013. There are 15 hot water heaters, with the laundry having it's own. City Certified. Rents bring in $6570/mo.

Last Agent to Sell the Property

Thomas Koetsier

Kay Courtney & Associates Listed on: 04/27/2015

Co-Listed By

Allison Koetsier

Compass Realty Services License #6502378425

Last Buyer's Agent

Kathy Dennison

Lighthouse Property Management License #6502319881

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,271

Year Built

  • Built in 1963

Lot Details

  • 0.82

Parking

  • 26 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Basement

  • Crawl Space

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Shared Gas Meter
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 3 Buildings
  • 14 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,271

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Brick
  • List Price: 529000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 3
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 26.0
  • General Property Info:Total Parking Spaces: 26.0

Utilities

  • Heating: Hot Water, Baseboard, Natural Gas
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Zoning Description: B2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 14

Tax Info

  • Tax Annual Amount: 8271.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2020
Sold by
Ptj Properties Llc
Bought by
Gr Investments Llc
Current Estimated Value
$918,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,848,000
Outstanding Balance
$1,659,395
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 27, 2015
Closed on
May 28, 2015
Sold by
Peppercorn Manor
Bought by
Ptj Properties
Seller's Agent
Thomas Koetsier
Kay Courtney & Associates
Buyer's Agent
Kathy Dennison
Lighthouse Property Management
List Price
$529,000
Sold Price
$500,000
Premium/Discount to List
-$29,000
-5.48%
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
Gr Investments Llc $2,310,000 None Available
Ptj Properties $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gr Investments Llc $1,848,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2015 05/28/15 Sold $500,000 -5.5% --
05/15/2015 05/15/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $529,000 -- --
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 $21,626 $492,500 $0 $0
2024 $21,626 $402,800 $0 $0
2023 $21,793 $396,700 $0 $0
2022 $20,282 $383,400 $0 $0
2021 $19,752 $336,600 $0 $0
2020 $13,011 $257,300 $0 $0
2019 $13,457 $242,600 $0 $0
2018 $13,546 $243,600 $0 $0
2017 $12,948 $217,500 $0 $0
2016 $12,600 $181,300 $0 $0
2015 $8,418 $181,300 $0 $0
2013 -- $141,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Thomas Koetsier

    Kay Courtney & Associates

  • A

    Seller Co-Listing Agent in 2015

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    2 in this area

    137 Total Sales

    Allison Koetsier
    Section Image
  • Kathy Dennison

    Buyer's Agent in 2015

    Kathy Dennison

    Lighthouse Property Management

    (616) 257-9577

    1 in this area

    43 Total Sales

    Kathy Dennison
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15019609

Southwestern Michigan Association of REALTORS®

APN: 41-17-15-203-023

Michigan Kent County Wyoming 49519 Burlingame Heights

2872 Taft Ave SW, Wyoming, MI

This home is located at 2872 Taft Ave SW, Wyoming, MI 49519 since 27 April 2015 and is currently priced at $918,000. This property was built in 1963. 2872 Taft Ave SW is a home located in Kent County with nearby schools including Oriole Park Elementary School, Parkview Elementary School, and Wyoming Intermediate 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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