NOT LISTED FOR SALE

2940 Newton Ave SE Unit 2942 Grand Rapids, MI 49508

Millbrook Neighborhood

Estimated Value: $332,747 - $364,000

-- Bed
2 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold January 13, 2016

Last sale price $137,500

Est. 145% increase in value since last sale

Current estimated payment $2,223/month

41 Days on Market

About This Home

As of January 2016

Sharp side by side 6 bed 2 bath duplex with attached 2 car garage. The current owners have maintained this property well. Each unit features 3 bedrooms and 1 bath with the possibility to add a 2nd in the lower levels. Utilities are totally separate, updated mechanicals, central air, laundry hook-ups on each side.

Both units leased currently through 2/2016 and 10/2017. Market rent is approximately $950 per unit. 2940 is leased for $850 and 2942 is leased for $800 per month. Tenants pay all utilities, trash, water & sewer, yard, and snowplowing.

1708 sq ft on entire main floor plus another approx 1281 sq ft finished down. Certified with City of Grand Rapids. All kitchen appliances included. See today!

Last Agent to Sell the Property

Tanya Powell-May

Coldwell Banker Schmidt Realtors Listed on: 10/26/2015

Last Buyer's Agent

Bernadette Nomura

Turnkey Realty LLC License #6502387861

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,100

Year Built

  • Built in 1978

Lot Details

  • 8,712

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Utilities

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

Additional Features

  • Natural lighting in basement
  • 8,712 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,100

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1978
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 70*132*100*140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3100.0
  • Tax Info:Zoning3: R-2
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Daylight: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Daylight

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 144900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3100.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2015
Closed on
Jan 13, 2016
Sold by
Washington Nikkia and Washington Nikkia M
Bought by
Heyboer Bert and Heyboer Greta
Seller's Agent
Tanya Powell-May
Coldwell Banker Schmidt Realtors
Buyer's Agent
Bernadette Nomura
Turnkey Realty LLC
List Price
$149,900
Sold Price
$137,500
Premium/Discount to List
-$12,400
-8.27%
Current Estimated Value
$337,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,044
Avg. Annual Appreciation
9.50%
Original Mortgage
$103,125
Outstanding Balance
$45,587
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$281,965

Purchase Details

Closed on
Oct 31, 2013
Sold by
Poortenga Harvey and Poortenga Mary Ann
Bought by
Washington Nikkia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 1999
Bought by
Dekkenga S and Washington Nikkia

Purchase Details

Closed on
Jun 20, 1986

Purchase Details

Closed on
Dec 9, 1980
Bought by
Washington Nikkia

Purchase Details

Closed on
Oct 13, 1980
Bought by
Washington Nikkia
Source: Public Records

Range of Values:

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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
Heyboer Bert $137,500 Midstate Title Agency Llc
Washington Nikkia $122,000 None Available
Dekkenga S $111,000 --
-- $68,000 --
Washington Nikkia $66,500 --
Washington Nikkia $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heyboer Bert $103,125
Previous Owner Washington Nikkia $91,500
Previous Owner Poortenga Harvey $70,500
Previous Owner Poortenga Harvey J $150,000
Previous Owner Poortenga Harvey $106,900
Previous Owner Poortenga Harvey $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2016 01/13/16 Sold $137,500 -8.3% --
12/06/2015 12/06/15 Pending -- -- --
10/26/2015 10/26/15 For Sale $149,900 -- --
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
2025 $4,309 $141,800 $0 $0
2024 $4,309 $122,600 $0 $0
2023 $4,274 $103,400 $0 $0
2022 $4,062 $97,700 $0 $0
2021 $3,958 $96,000 $0 $0
2020 $3,825 $85,100 $0 $0
2019 $3,797 $77,600 $0 $0
2018 $3,797 $72,900 $0 $0
2017 $3,704 $60,100 $0 $0
2016 $3,101 $57,800 $0 $0
2015 $2,955 $57,800 $0 $0
2013 -- $60,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Tanya Powell-May

    Coldwell Banker Schmidt Realtors

  • Bernadette Nomura

    Buyer's Agent in 2016

    Bernadette Nomura

    Turnkey Realty LLC

    (616) 389-9999

    1 in this area

    201 Total Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15056601

Southwestern Michigan Association of REALTORS®

APN: 41-18-16-202-017

Michigan Kent County Grand Rapids 49508 Millbrook

2940 Newton Ave SE Unit 2942, Grand Rapids, MI

This home is located at 2940 Newton Ave SE Unit 2942, Grand Rapids, MI 49508 since 26 October 2015 and is currently estimated at $353,687. This property was built in 1978. 2940 Newton Ave SE Unit 2942 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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