NOT LISTED FOR SALE

Estimated Value: $298,727 - $337,000

-- Bed
-- Bath
-- Sq Ft
8,442 Sq Ft Lot

Last Sold June 29, 2015

Last sale price $125,000

Est. 151% increase in value since last sale

Current estimated payment $1,916/month

31 Days on Market

Highlights

  • 2 Fireplaces
  • Forced Air Heating and Cooling System
  • Level Lot
  • Cul-De-Sac
  • High Speed Internet

About This Home

As of June 2015

Unique multi family property close to Riverside park and the Veterans Home yet on quiet cul-de sac. Property is in excellent condition with many upgrades over the years including roof, furnace, insulation, central air and much more. Total rents are $1525/month with tenants paying all utilities except water and sewer. This would make a great owner occupant or just add it to your investment portfolio it makes sense. 3 Units 1)1bd,1bath 2)2bd, 1bath 3) 1bd,office,1bath

Last Agent to Sell the Property

Mike Oostendorp

Keller Williams GR East License #6501201638 Listed on: 05/19/2015

Keller Williams GR East

Last Buyer's Agent

Peter Bruinsma

Grand River Realty License #6502402583

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,084

Year Built

  • Built in 1925

Lot Details

  • 8,442 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Insurance Expense $1,170
  • Utility Expense $922

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,084

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • Year Built: 1925
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 42 * 201
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2084.0
  • Tax Info:Zoning3: multi family
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Heat Type:Wall Furnace: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Util Avail at Street:Broadband: Yes
  • Substructure:Slab: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2
  • Basement: Full, Slab
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 129900.0
  • Lot Features: Level, Cul-De-Sac
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Wall Furnace
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Water Available, Sewer Available, Storm Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 42 * 201
  • Lot Size Sq Ft: 8442.0
  • Zoning Description: multi family
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 1170.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2084.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2015
Closed on
Jun 29, 2015
Sold by
Vandermyde Properties Llc
Bought by
Acmeco Llc
Seller's Agent
Mike Oostendorp
Keller Williams GR East
Buyer's Agent
Peter Bruinsma
Grand River Realty
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Current Estimated Value
$313,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,932
Avg. Annual Appreciation
9.37%

Purchase Details

Closed on
Nov 23, 2009
Sold by
Vandermyde David R and Vandermyde Kristin R
Bought by
Vandermyde Properties Llc

Purchase Details

Closed on
Jun 18, 1999
Sold by
Warren Marylou Whitcomb Robert Eta
Bought by
Schafer Jeffrey R Tamara and Vandermyde Properties Llc

Purchase Details

Closed on
May 9, 1991
Sold by
Schafer Jeffrey R Tamara S
Bought by
Vandermyde Dave and Vandermyde Properties Llc

Purchase Details

Closed on
May 5, 1981
Source: Public Records

Range of Values:

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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
Acmeco Llc $125,000 Grand Rapids Title Co Llc
Vandermyde Properties Llc -- None Available
Schafer Jeffrey R Tamara $37,000 --
Vandermyde Dave $59,000 --
-- $37,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2015 06/29/15 Sold $125,000 -3.8% --
06/19/2015 06/19/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $129,900 -- --
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 $2,935 $139,700 $0 $0
2024 $2,935 $121,000 $0 $0
2023 $2,912 $103,400 $0 $0
2022 $2,767 $104,900 $0 $0
2021 $2,696 $83,000 $0 $0
2020 $2,606 $75,100 $0 $0
2019 $2,587 $65,600 $0 $0
2018 $2,587 $56,400 $0 $0
2017 $2,523 $47,400 $0 $0
2016 $2,536 $43,200 $0 $0
2015 $2,130 $43,200 $0 $0
2013 -- $45,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15025090

Southwestern Michigan Association of REALTORS®

APN: 41-14-06-428-006