NOT LISTED FOR SALE

2931 Mulford Dr SE Grand Rapids, MI 49546

Ridgemoor Neighborhood

Estimated Value: $415,000 - $471,000

4 Beds
4 Baths
-- Sq Ft
0.28 Acres

Last Sold October 22, 2020

Last sale price $315,000

Est. 39% increase in value since last sale

Current estimated payment $2,999/month

10 Days on Market

About This Home

As of October 2020

A thoughtfully designed two family provides separate garages and private outdoor living spaces making this duplex perfect for an owner occupant. The owners space offers approximately 2,200 sq ft of finished living space containing three bedrooms and two full baths. Fully remodeled kitchen with open dining room with fireplace and adjacent porch and deck access. Spacious living room with two good sized bedrooms and full bath. An open staircase leads to the lower level and bedroom three and the second full bath! A spacious family room, laundry and newer furnace and water heater complete this unit. The 2nd rental unit is charming with two bedrooms and one full bath and finished area down. Arrangements will be made to view this unit only if there is significant interest.

Last Agent to Sell the Property

Scott Koop

Greenridge Realty (EGR) License #6501210051 Listed on: 09/16/2020

Last Buyer's Agent

Ryan Kruithoff

West Edge Real Estate License #6501309062

West Edge Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,785

Year Built

  • Built in 1971

Lot Details

  • 0.28 Acre Lot

Parking

  • 5 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Recreation

  • Recreational Area

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $750
  • Manager Expense $2,000
  • Gross Income $14,220
  • Net Operating Income $11,172

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,785

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 349900.0
  • Lot Features: Recreational, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Public Water, Public Sewer, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Sq Ft: 12120.0
  • Zoning Description: Res Multifamily
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 14220.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 750.0
  • Manager Expense: 2000.0
  • Net Operating Income: 11172.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3785.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 22, 2020
Sold by
Hoogewind Coral J and Coral J Hoogewind Trust
Bought by
Desert Springs 2016 Irrevocable Trust
Seller's Agent
Scott Koop
Greenridge Realty (EGR)
Buyer's Agent
Ryan Kruithoff
West Edge Real Estate
List Price
$349,900
Sold Price
$315,000
Premium/Discount to List
-$34,900
-9.97%
Total Days on Market
10
Current Estimated Value
$437,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,530
Avg. Annual Appreciation
8.92%

Purchase Details

Closed on
Sep 5, 2014
Sold by
Hoogewind Coral J and Hoogewind Allen Jay
Bought by
Hoogewind Coral J and The Coral J Hoogewind Trust

Purchase Details

Closed on
Aug 17, 1999
Sold by
Lynch Pawe
Bought by
Hgwnd Hgwnd A and Hgwnd C

Purchase Details

Closed on
Jan 15, 1999
Sold by
Lynch Sarafis C
Bought by
Lynch and Lynch Puwe

Purchase Details

Closed on
Jul 20, 1988

Purchase Details

Closed on
Jul 14, 1988
Bought by
Hoogewind Allen Jay Coral J
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
Desert Springs 2016 Irrevocable Trust $315,000 Chicago Title Of Michigan In
Hoogewind Coral J -- None Available
Hgwnd Hgwnd A $175,000 --
Lynch $155,000 --
-- $125,000 --
Hoogewind Allen Jay Coral J $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoogewind Allen Jay $15,085
Previous Owner Hodgewind Allen Jay $20,000
Previous Owner Hodgewind Allen Jay $117,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $315,000 -10.0% --
09/26/2020 09/26/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $349,900 -- --
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
2024 $8,128 $186,800 $0 $0
2023 $8,055 $164,500 $0 $0
2022 $7,656 $155,100 $0 $0
2021 $7,496 $138,300 $0 $0
2020 $3,612 $123,000 $0 $0
2019 $3,731 $110,300 $0 $0
2018 $3,658 $100,300 $0 $0
2017 $3,569 $81,000 $0 $0
2016 $3,402 $77,800 $0 $0
2015 $3,302 $77,800 $0 $0
2013 -- $80,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Scott Koop

    Greenridge Realty (EGR)

    (616) 458-3655

    3 in this area

    97 Total Sales

    Scott Koop
    Section Image

  • R

    Buyer's Agent in 2020

    Ryan Kruithoff

    West Edge Real Estate

    (616) 325-0749

    1 in this area

    81 Total Sales

    Ryan Kruithoff
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20038668

Southwestern Michigan Association of REALTORS®

APN: 41-18-10-402-019

Michigan Kent County Grand Rapids 49546 Ridgemoor

2931 Mulford Dr SE, Grand Rapids, MI

This home is located at 2931 Mulford Dr SE, Grand Rapids, MI 49546 since 16 September 2020 and is currently estimated at $437,530. This property was built in 1971. 2931 Mulford Dr SE is a home located in Kent County with nearby schools including Sherwood Park Global Studies Academy, Alger Middle School, and Ottawa 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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