NOT LISTED FOR SALE

29 Eastern Ave SE Grand Rapids, MI 49503

East Hills Neighborhood

Estimated Value: $299,750 - $345,000

Studio
-- Bath
-- Sq Ft
2,875 Sq Ft Lot

Last Sold October 23, 2023

Last sale price $310,000

Est. 2% increase in value since last sale

Current estimated payment $2,108/month

3 Days on Market

Highlights

  • Corner Lot: Yes
  • Forced Air Heating System
  • 3-minute walk to Cherry Park
  • Window Unit Cooling System
  • Wood Siding

About This Home

As of October 2023

Discover the perfect investment opportunity with this 2-unit duplex, nestled right in the middle of the highly sought-after Eastown & Heritage Hill neighborhoods. The duplex boasts original wood finishes throughout, showcasing the timeless elegance of hardwood accents, molding, & details that add character to the property. Vintage charm with modern convenience, both units have been thoughtfully updated in 2022, featuring fully modernized kitchens & bathrooms. You're just steps away from the vibrant energy of restaurants, shops, & cultural attractions that make this area so desirable. Shared outdoor deck space & fully fenced backyard. Separate gas and electric meters. Don't miss out on this fantastic opportunity!

Last Agent to Sell the Property

Connor Anderson

Keller Williams GR East Listed on: 09/19/2023

Last Buyer's Agent

Todd Smith

EXP Realty LLC License #6501434668

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,957

Year Built

  • Built in 1910

Lot Details

  • 2,875 Sq Ft Lot
  • Lot Dimensions are 39x74
  • Corner Lot: Yes

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Michigan Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, trash, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,957

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 39x74
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Corner Lot: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Michigan Basement: 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
  • 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

  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 299900.0
  • Lot Features: Sidewalk, Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 39x74
  • Lot Size Sq Ft: 2875.0
  • Zoning Description: Residential

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Trash, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2957.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Oct 27, 2023
Sold by
Grb Properties Llc
Bought by
Generous Life Properties Llc
Seller's Agent
Connor Anderson
Keller Williams GR East
Buyer's Agent
Todd Smith
EXP Realty LLC
List Price
$299,900
Sold Price
$310,000
Premium/Discount to List
$10,100
3.37%
Views
10
Current Estimated Value
$316,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,938
Avg. Annual Appreciation
1.00%
Original Mortgage
$232,500
Outstanding Balance
$227,769
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$89,169

Purchase Details

Closed on
Mar 7, 2017
Sold by
Noonon David and Noonon Jennifr
Bought by
Grb Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,500
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 2016
Sold by
Noonon David
Bought by
Grb Properties Llc

Purchase Details

Listed on
Aug 14, 2014
Closed on
Sep 26, 2014
Sold by
Mad Max Ltd Llc
Bought by
Noonon David J
Seller's Agent
Brooke Krebill
Keller Williams GR East
Buyer's Agent
Jeremy Duprey
United Realty Services LLC
List Price
$84,900
Sold Price
$84,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%
Original Mortgage
$63,675
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2004
Sold by
Lowing Holden and Lowing Kathleen E
Bought by
Mad Max Ltd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Generous Life Properties Llc $310,000 Bell Title
Grb Properties Llc -- Sun Title Agency Of Michigan
Grb Properties Llc -- None Available
Noonon David J $84,900 First American Title Ins Co
Mad Max Ltd Llc $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Generous Life Properties Llc $232,500
Previous Owner Grb Properties Llc $572,500
Previous Owner Noonon David J $63,675
Previous Owner Mad Max Ltd Llc $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2023 10/23/23 Sold $310,000 +3.4% --
09/22/2023 09/22/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $299,900 +253.2% --
09/26/2014 09/26/14 Sold $84,900 0.0% -- View Prior Sale
08/21/2014 08/21/14 Pending -- -- --
08/14/2014 08/14/14 For Sale $84,900 -- --
Source: MichRIC

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 $5,408 $120,400 $0 $0
2024 $54 $108,400 $0 $0
2023 $3,734 $89,800 $0 $0
2022 $2,957 $80,400 $0 $0
2021 $2,881 $75,600 $0 $0
2020 $2,784 $72,500 $0 $0
2019 $2,851 $65,000 $0 $0
2018 $2,764 $60,100 $0 $0
2017 $2,696 $45,500 $0 $0
2016 $2,189 $40,800 $0 $0
2015 $2,086 $40,800 $0 $0
2013 -- $33,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Connor Anderson

    Keller Williams GR East

  • T

    Buyer's Agent in 2023

    Todd Smith

    EXP Realty LLC

    (616) 581-4879

    1 in this area

    10 Total Sales

    Todd Smith
    Section Image

  • B

    Seller's Agent in 2014

    Brooke Krebill

    Keller Williams GR East

  • J

    Buyer's Agent in 2014

    Jeremy Duprey

    United Realty Services LLC

    Section Image
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Map

Source: MichRIC

MLS Number: 23134787

MichRIC

APN: 41-14-30-428-008

Michigan Kent County Grand Rapids 49503 East Hills

29 Eastern Ave SE, Grand Rapids, MI

Not Listed for Sale

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
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