NOT LISTED FOR SALE

3059 Lowry Ct SE Grand Rapids, MI 49512

Estimated Value: $332,000 - $369,000

4 Beds
2 Baths
-- Sq Ft
0.35 Acres

Last Sold January 24, 2019

Last sale price $188,500

Est. 88% increase in value since last sale

Current estimated payment $2,260/month

2 Days on Market

Highlights

  • Newly Remodeled
  • Wooded Lot
  • Window Unit Cooling System
  • East Kentwood High School Rated A-
  • 1 Fireplace
  • Forced Air Heating System

About This Home

As of January 2019

Clean and Tidy turn key 2-3 bed 1 full bath duplex property with long term tenants in a quiet cul de sac street close to shopping, schools and restaurants. Rents are below market rate rent but tenants have lived in the property for 30+ years and would like to stay. Yes you read that right 30 years! Unit 1 rents for $800 and unit 2 rents for $850. City Certified until 08/21. Furnace and hot water heater are brand new in the left side unit. Don't miss out on this one. Showings Saturday from 12-4 pm and Tuesday from 5-7 pm ONLY. Schedule through showingtime for access info. Please be courteous of tenants.

Last Agent to Sell the Property

Lindsay VanDuinen-Scully

Re/Max of Grand Rapids (Grandville) License #6501325437 Listed on: 01/11/2019

Re/Max of Grand Rapids (Grandville)

Last Buyer's Agent

Eric Freeman

Solid Rock Real Estate LLC License #6502373737

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,444

Year Built

  • Built in 1979 | Newly Remodeled

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 118x128
  • Wooded Lot

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Natural lighting in basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Natural Gas Connected
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,444

Year Built

Built in 1979 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: Yes
  • Year Built: 1979
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: Yes
  • General Property Info:Lot Dimensions: 118x128
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3443.98
  • Tax Info:Zoning3: Residential
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Construction Status: Completed
  • Substructure:Daylight: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Utilities Attached Cable Connected: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Daylight
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 184900.0
  • Lot Features: Sidewalk, Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: 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
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected, Water Available, Sewer Available

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size Area: 0.35
  • Lot Dimensions: 118x128
  • Lot Size Sq Ft: 15115.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3443.98
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2019
Closed on
Jan 24, 2019
Sold by
Cree Unit Properties Llc
Bought by
Bul Sl Development Llc
Seller's Agent
Lindsay VanDuinen-Scully
Re/Max of Grand Rapids (Grandville)
Buyer's Agent
Eric Freeman
Solid Rock Real Estate LLC
List Price
$184,900
Sold Price
$188,500
Premium/Discount to List
$3,600
1.95%
Current Estimated Value
$353,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,151
Avg. Annual Appreciation
9.82%

Purchase Details

Listed on
Jan 11, 2019
Closed on
Dec 28, 2018
Sold by
Ventures Ii Inc
Bought by
Cree Unit Properties Llc
Seller's Agent
Lindsay VanDuinen-Scully
Re/Max of Grand Rapids (Grandville)
Buyer's Agent
Eric Freeman
Solid Rock Real Estate LLC
List Price
$184,900
Sold Price
$188,500
Premium/Discount to List
$3,600
1.95%

Purchase Details

Closed on
Nov 5, 2003
Sold by
Helms Evart L and Helms Marcia L
Bought by
Ventures Ii Inc
Source: Public Records

Range of Values:

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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
Bul Sl Development Llc -- None Available
Cree Unit Properties Llc -- None Available
Ventures Ii Inc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2019 01/24/19 Sold $188,500 +1.9% --
01/13/2019 01/13/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $184,900 -- --
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 $4,620 $140,000 $0 $0
2024 $4,620 $121,000 $0 $0
2023 $5,693 $121,000 $0 $0
2022 $5,401 $105,800 $0 $0
2021 $5,271 $94,100 $0 $0
2020 $3,851 $94,100 $0 $0
2019 $3,521 $76,200 $0 $0
2018 $3,444 $71,700 $0 $0
2017 $3,360 $64,500 $0 $0
2016 $3,279 $60,500 $0 $0
2015 $3,199 $60,500 $0 $0
2013 -- $58,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19001578

Southwestern Michigan Association of REALTORS®

APN: 41-18-27-227-011