NOT LISTED FOR SALE

302 James Ave SE Grand Rapids, MI 49503

East Hills Neighborhood

Estimated Value: $427,000 - $490,059

-- Bed
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Last Sold January 03, 2012

Last sale price $132,000

Est. 247% increase in value since last sale

Current estimated payment $2,691/month

84 Days on Market

Highlights

  • Wooded Lot
  • Forced Air Heating System
  • Wood Siding
  • 1 Fireplace
  • 4 Car Garage
  • 5-minute walk to Cherry Park

About This Home

As of January 2012

Gorgeous Cherry Hill two unit with great cash flow or updated units for owner occupancy. Enjoy a 2 bedroom. 1 bath lower unit that is rented for $750/ month. Large 3 bedroom/ 1 bath unit up above normally rented for $1050. Both units have hardwood floors, new kitchens, wood trim, 10ft. ceilings and lots of character. Possible unfinished garden level 3rd unit available per city approval.

Last Agent to Sell the Property

Ryan Ogle

Bluhouse Properties LLC - I License #6502376991 Listed on: 08/23/2011

Bluhouse Properties LLC - I

Last Buyer's Agent

Christopher Freeman

Clarity Realty LLC License #6501321766

Clarity Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50x72
  • Wooded Lot

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1890
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 50x72
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3368.0
  • Tax Info:Zoning3: RMET2
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • 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

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 134900.0
  • Lot Features: Sidewalk, Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Cable Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 50x72
  • Lot Size Sq Ft: 3485.0
  • Zoning Description: RMET2
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3368.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2011
Closed on
Dec 30, 2011
Sold by
Abiathar Management Llc
Bought by
Teft Nathan
Seller's Agent
Ryan Ogle
Bluhouse Properties LLC - I
Buyer's Agent
Christopher Freeman
Clarity Realty LLC
List Price
$144,900
Sold Price
$132,000
Premium/Discount to List
-$12,900
-8.9%
Current Estimated Value
$458,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,265
Avg. Annual Appreciation
9.24%
Original Mortgage
$128,653
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 23, 2011
Closed on
Dec 29, 2011
Sold by
Hoeksema Christine
Bought by
Abiathar Management Llc
Seller's Agent
Ryan Ogle
Bluhouse Properties LLC - I
Buyer's Agent
Christopher Freeman
Clarity Realty LLC
List Price
$144,900
Sold Price
$132,000
Premium/Discount to List
-$12,900
-8.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,653
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 23, 2011
Closed on
Dec 1, 2011
Sold by
Hoeksema Brian
Bought by
Abiathar Management Llc
Seller's Agent
Ryan Ogle
Bluhouse Properties LLC - I
Buyer's Agent
Christopher Freeman
Clarity Realty LLC
List Price
$144,900
Sold Price
$132,000
Premium/Discount to List
-$12,900
-8.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,653
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 2008
Sold by
Woodwyk Ricky L and Woodwyk Dawn
Bought by
The Bank Of New York Trust Co Na and Jpmorgan Chase Bank

Purchase Details

Closed on
Apr 20, 1987

Purchase Details

Closed on
Mar 18, 1983
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
Teft Nathan $132,000 First American Title Ins Co
Abiathar Management Llc -- None Available
Abiathar Management Llc -- None Available
The Bank Of New York Trust Co Na $76,500 None Available
-- $16,000 --
-- $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Teft Nathan $128,653
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2012 01/03/12 Sold $132,000 -8.9% --
11/15/2011 11/15/11 Pending -- -- --
08/23/2011 08/23/11 For Sale $144,900 -- --
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 $3,146 $248,900 $0 $0
2024 $3,146 $226,400 $0 $0
2023 $3,155 $188,200 $0 $0
2022 $2,997 $171,900 $0 $0
2021 $2,926 $162,700 $0 $0
2020 $2,812 $154,800 $0 $0
2019 $2,817 $136,800 $0 $0
2018 $2,817 $110,900 $0 $0
2017 $2,746 $81,900 $0 $0
2016 $2,769 $76,300 $0 $0
2015 $2,607 $76,300 $0 $0
2013 -- $62,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Ryan Ogle

    Bluhouse Properties LLC - I

    Section Image

  • C

    Buyer's Agent in 2012

    Christopher Freeman

    Clarity Realty LLC

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11047343

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-479-001

Michigan Kent County Grand Rapids 49503 East Hills

302 James Ave SE, Grand Rapids, MI

This home is located at 302 James Ave SE, Grand Rapids, MI 49503 since 23 August 2011 and is currently estimated at $458,265. This property was built in 1890. 302 James Ave SE is a home located in Kent County with nearby schools including Martin Luther King Leadership 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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