NOT LISTED FOR SALE

2950 Alger St SE Grand Rapids, MI 49546

Ridgemoor Neighborhood

Estimated Value: $289,000 - $368,788

4 Beds
2 Baths
-- Sq Ft
0.25 Acres

Last Sold February 28, 2013

Last sale price $115,000

Est. 189% increase in value since last sale

Current estimated payment $2,195/month

6 Days on Market

Highlights

  • Forced Air Heating System
  • East Kentwood High School Rated A-
  • Wood Siding

About This Home

As of February 2013

Great rental area, walking distance to Calvin College, Woodland Mall, the MAC and Breton Village. Owners can no longer take care of the duplex and are offering it at a great loss to thme. Unit 2950 contains approximately 952 square feet on the main floor - living room, kitchen w//e/a and sliders to the deck, 2 bedrooms and bath. The full basement has one room finished with remainder for storage and laundry area. Unit 2952 contains approximately 1057 square feet on the main floor - living room w/fireplace, kitchen w/e/a, 2 bedrooms and bath. The basement features a rec room, office, bath and storage/laundry room. According to the tenant, the AC was not working properly towards the end of summer.

Last Agent to Sell the Property

Donald Kishman

Kishman Realty LLC License #6502431693 Listed on: 01/02/2013

Last Buyer's Agent

Brian Smith

Bellabay Realty (SW) License #6506045515

Bellabay Realty (SW)

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1964

Lot Details

  • 0.25 Acre Lot

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 114900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10800.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3533.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2015
Sold by
Miller Barbara C
Bought by
Scholten Matthew
Total Days on Market
6
Current Estimated Value
$332,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 2, 2013
Closed on
Feb 28, 2013
Sold by
Boelema Cora J and Boelema Kathy S
Bought by
Miller Barbara C
Seller's Agent
Donald Kishman
Kishman Realty LLC
Buyer's Agent
Brian Smith
Bellabay Realty (SW)
List Price
$114,900
Sold Price
$115,000
Premium/Discount to List
$100
0.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$86,250
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 1983
Sold by
Hornyak Hornyak S S and Hornyak Bosscher J
Bought by
Miller Barbara C
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
Scholten Matthew $127,000 Chicago Title
Miller Barbara C $115,000 Sun Title Agency Of Mi Llc
Miller Barbara C $81,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scholten Matthew Ryan $66,500
Open Scholten Matthew R $100,000
Closed Scholten Matthew $30,000
Closed Scholten Matthew $100,000
Previous Owner Miller Barbara C $86,250
Previous Owner Boelema Cora J $107,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2013 02/28/13 Sold $115,000 +0.1% --
01/08/2013 01/08/13 Pending -- -- --
01/02/2013 01/02/13 For Sale $114,900 -- --
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 $3,959 $128,700 $0 $0
2023 $3,923 $114,200 $0 $0
2022 $138 $108,200 $0 $0
2021 $3,651 $101,100 $0 $0
2020 $3,465 $90,100 $0 $0
2019 $3,545 $80,800 $0 $0
2018 $2,893 $74,700 $0 $0
2017 $2,824 $61,800 $0 $0
2016 $2,189 $59,500 $0 $0
2015 $3,120 $59,500 $0 $0
2013 -- $61,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Donald Kishman

    Kishman Realty LLC

    (616) 293-2225

    1 in this area

    19 Total Sales

    Donald Kishman
    Section Image

  • B

    Buyer's Agent in 2013

    Brian Smith

    Bellabay Realty (SW)

    (616) 822-7349

    16 Total Sales

    Brian Smith
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13001079

Southwestern Michigan Association of REALTORS®

APN: 41-18-10-402-004

Michigan Kent County Grand Rapids 49546 Ridgemoor

2950 Alger St SE, Grand Rapids, MI

This home is located at 2950 Alger St SE, Grand Rapids, MI 49546 since 02 January 2013 and is currently estimated at $332,197. This property was built in 1964. 2950 Alger St SE is a home located in Kent County with nearby schools including Discovery Elementary School, Crestwood Middle School, and East Kentwood 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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