NOT LISTED FOR SALE

2952 Jefferson Ave SE Grand Rapids, MI 49548

Estimated Value: $218,000 - $272,092

2 Beds
2 Baths
-- Sq Ft
7,215 Sq Ft Lot

Last Sold December 30, 2015

Last sale price $80,000

Est. 201% increase in value since last sale

Current estimated payment $1,516/month

3 Days on Market

About This Home

As of December 2015

Attention Investors! Great chance here for fast cash flow! If you are looking for a fairly easy 2 family and can do some cosmetic stuff, this is going to be a great investment fast! Or live in one unit and rent out the other and it will likely pay everything and possibly even your personal utilities too! Features maintenance free vinyl siding and both units are great floor plans. There is also a big yard and a 2 car garage the tenants historically share. Split gas and electric and water heaters. Market Rents are about $800 per unit. Priced WAY below the 2015 AV. Set appt today!

Last Agent to Sell the Property

John Cremer

Five Star Real Estate (Grandv) License #6502418398 Listed on: 12/11/2015

Co-Listed By

Keith Evenhouse

Five Star Real Estate (Grandv) License #6501287054

Last Buyer's Agent

William Gills

Five Star Real Estate (Grandv)

Five Star Real Estate (Grandv)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 7,215 Sq Ft Lot
  • Lot Dimensions are 53 x 155

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1940
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 53 x 155
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2484.44
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 79900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7215.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2484.44
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2015
Closed on
Dec 30, 2015
Sold by
Jwms Realty Llc
Bought by
Konrad Ignatius A
Seller's Agent
John Cremer
Five Star Real Estate (Grandv)
Buyer's Agent
William Gills
Five Star Real Estate (Grandv)
List Price
$79,900
Sold Price
$80,000
Premium/Discount to List
$100
0.13%
Current Estimated Value
$241,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,023
Avg. Annual Appreciation
11.83%

Purchase Details

Closed on
May 31, 2012
Sold by
Wesner James R and Stein Michael R
Bought by
Jwms Realty Llc

Purchase Details

Closed on
Oct 28, 2011
Sold by
Mendez Gerarda
Bought by
Wesner James R and Stein Michael R

Purchase Details

Closed on
Jun 8, 2011
Sold by
Mendez Gerarda and Garcia Leonel
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 5, 2010
Sold by
Garcia Leonel
Bought by
Mendez Gerarda

Purchase Details

Closed on
Feb 27, 2004
Sold by
Casarez James George and Casarez Marianne
Bought by
Mendez Gerarda and Garcia Leonel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,846
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 16, 2004
Sold by
Deboer Royal L and Deboer Patricia J
Bought by
Casarez James George and Casarez Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,846
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 2004
Sold by
Diekema Anna Mae
Bought by
Diekema Roger and Diekema Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,846
Interest Rate
5.77%
Mortgage Type
FHA
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
Konrad Ignatius A $80,000 None Available
Jwms Realty Llc -- None Available
Wesner James R $50,000 Stewart Title Agency
Wells Fargo Bank Na $135,691 None Available
Mendez Gerarda -- None Available
Mendez Gerarda $140,000 --
Casarez James George $27,500 --
Casarez James George -- --
Diekema Roger -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendez Gerarda $141,846
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2015 12/30/15 Sold $80,000 +0.1% --
12/14/2015 12/14/15 Pending -- -- --
12/11/2015 12/11/15 For Sale $79,900 -- --
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 $2,432 $114,400 $0 $0
2024 $2,432 $109,600 $0 $0
2023 $3,078 $92,600 $0 $0
2022 $2,891 $78,200 $0 $0
2021 $2,816 $77,200 $0 $0
2020 $2,068 $48,800 $0 $0
2019 $2,745 $51,400 $0 $0
2018 $2,689 $47,100 $0 $0
2017 $2,624 $44,800 $0 $0
2016 $2,552 $44,200 $0 $0
2015 $2,484 $44,200 $0 $0
2013 -- $46,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Cremer

    Seller's Agent in 2015

    John Cremer

    Five Star Real Estate (Grandv)

    (616) 437-9166

    674 Total Sales

    Section Image

  • K

    Seller Co-Listing Agent in 2015

    Keith Evenhouse

    Five Star Real Estate (Grandv)

    (616) 240-5091

    3 Total Sales

    Section Image

  • W

    Buyer's Agent in 2015

    William Gills

    Five Star Real Estate (Grandv)

    (616) 538-6950

    15 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15062816

Southwestern Michigan Association of REALTORS®

APN: 41-18-18-127-003

Michigan Kent County Grand Rapids 49548

2952 Jefferson Ave SE, Grand Rapids, MI

This home is located at 2952 Jefferson Ave SE, Grand Rapids, MI 49548 since 11 December 2015 and is currently estimated at $241,023. This property was built in 1940. 2952 Jefferson Ave SE is a home located in Kent County with nearby schools including Godwin Heights Senior High School, Vista Charter Academy, and AnchorPoint Christian 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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