NOT LISTED FOR SALE

300 Spencer St NE Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $161,000 - $298,000

4 Beds
2 Baths
-- Sq Ft
3,310 Sq Ft Lot

Last Sold April 29, 2016

Last sale price $102,000

Est. 152% increase in value since last sale

Current estimated payment $1,603/month

13 Days on Market

About This Home

As of April 2016

2 unit with vinyl siding, split utilities, newer windows & roof. Currently rented for $1310/MO.

Last Agent to Sell the Property

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 03/10/2016

Compass Realty Services

Co-Listed By

Thomas Koetsier

Kay Courtney & Associates

Last Buyer's Agent

William 'Duke' Gray

EXP Realty (Grand Rapids) License #6506048115

EXP Realty (Grand Rapids)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,866

Year Built

  • Built in 1910

Lot Details

  • 3,310

Home Design

  • Composition Roof
  • Vinyl Siding

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • 3,310 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,866

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: 50*65.82
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1865.95
  • Tax Info:Zoning3: N/A
  • 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
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 104900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3310.0
  • Zoning Description: N/A
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1865.95
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2016
Closed on
Apr 29, 2016
Sold by
Ernie Llc
Bought by
Kapuscinski Craig A
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
William 'Duke' Gray
EXP Realty (Grand Rapids)
List Price
$104,900
Sold Price
$102,000
Premium/Discount to List
-$2,900
-2.76%
Current Estimated Value
$257,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,001
Avg. Annual Appreciation
8.86%
Original Mortgage
$76,500
Outstanding Balance
$61,487
Interest Rate
3.71%
Mortgage Type
Commercial
Estimated Equity
$165,661

Purchase Details

Closed on
Jul 30, 2014
Sold by
The Coppess Group Llc
Bought by
Ernie Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 29, 2009
Sold by
Freemont Investment & Loan
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 28, 2008
Sold by
Mortgage Electronic Registration Systems
Bought by
Fremont Investment & Loan

Purchase Details

Closed on
Jan 2, 2008
Sold by
Johnson Adam
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jun 14, 2005
Sold by
Leedle Dennis H and Leedle Susan M
Bought by
Johnson Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
7.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 2004
Sold by
Leedle Dennis H and Leedle Susan M
Bought by
Wachovia Bank Na and Long Beach Mortgage Loan Trust 2002-3

Purchase Details

Closed on
Jul 8, 1997
Sold by
Jcbsn Bont
Bought by
Jcbsn N and Coppess Group Llc

Purchase Details

Closed on
Mar 4, 1996
Sold by
Jacobsen Jacobsen P P and Jacobsen Leedle
Bought by
Leedle and Coppess Group Llc

Purchase Details

Closed on
Aug 9, 1990
Sold by
Bont Bont H H and Bont H
Bought by
Coppess Group Llc
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
Kapuscinski Craig A $102,000 None Available
Ernie Llc $60,000 None Available
Deutsche Bank National Trust Company -- None Available
Fremont Investment & Loan -- None Available
Mortgage Electronic Registration Systems $107,248 None Available
Johnson Adam $108,000 Priority Title Agency Inc
Wachovia Bank Na $64,915 --
Jcbsn N -- --
Leedle $42,000 --
Coppess Group Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kapuscinski Craig A $76,500
Previous Owner Johnson Adam $97,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $102,000 -2.8% --
03/23/2016 03/23/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $104,900 -- --
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 $2,881 $130,600 $0 $0
2024 $2,881 $112,100 $0 $0
2023 $2,837 $97,200 $0 $0
2022 $2,696 $85,400 $0 $0
2021 $2,627 $77,200 $0 $0
2020 $2,539 $70,000 $0 $0
2019 $2,600 $59,200 $0 $0
2018 $2,520 $47,600 $0 $0
2017 $2,459 $40,600 $0 $0
2016 $1,958 $36,500 $0 $0
2015 $1,866 $36,500 $0 $0
2013 -- $40,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    5 in this area

    126 Total Sales

    Allison Koetsier
    Section Image

  • T

    Seller Co-Listing Agent in 2016

    Thomas Koetsier

    Kay Courtney & Associates

  • William 'Duke' Gray

    Buyer's Agent in 2016

    William 'Duke' Gray

    EXP Realty (Grand Rapids)

    (616) 862-1713

    1 in this area

    86 Total Sales

    William 'Duke' Gray
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16009917

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-378-001

Michigan Kent County Grand Rapids 49505 Creston

300 Spencer St NE, Grand Rapids, MI

This home is located at 300 Spencer St NE, Grand Rapids, MI 49505 since 10 March 2016 and is currently estimated at $257,001. This property was built in 1910. 300 Spencer St NE is a home located in Kent County with nearby schools including Kent Hills School, Riverside Middle School, and Union 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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