NOT LISTED FOR SALE

309 & 307 Norwood Ave SE Grand Rapids, MI 49506

Eastown Neighborhood

Estimated Value: $362,261 - $414,000

-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold March 30, 2017

Last sale price $205,000

Est. 89% increase in value since last sale

Current estimated payment $2,423/month

6 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 2-minute walk to Wilcox Park
  • High Speed Internet

About This Home

As of March 2017

+++OPEN HOUSE CANCELLED+++ OFFER ACCEPTED*2-Unit. Gaslight Village, Robinson Lake, a few block walk. Stumble to East Town's Yesterdog. PRIME Location, Close as you can get to East Grand Rapids darn near, still paying City of Grand Rapids Taxes. Kitty Corner to Wilcox Park. This location is a must experience by foot, bike, ..., Please Google Street View and experience this Neighborhood for yourselves any way you possibly can. Roomy with off street parking and a garage!

Last Agent to Sell the Property

Benjamin Colter

616 Realty LLC License #6501331295 Listed on: 02/03/2017

616 Realty LLC

Last Buyer's Agent

Nick Holtrop

EXP Realty (Grand Rapids) License #6501394826

EXP Realty (Grand Rapids)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1915

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 56.22 x 67.5
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gravity Heating System
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,200

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1915
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 56.22 x 67.5
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2200.0
  • Tax Info:Zoning3: res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Heat Type:Gravity: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 207500.0
  • Lot Features: Sidewalk
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Gravity, Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3920.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2200.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2017
Closed on
Mar 30, 2017
Sold by
Conrad Chistopher R and Conrad Jessica
Bought by
Marcionetti Matthew D
Seller's Agent
Benjamin Colter
616 Realty LLC
Buyer's Agent
Nick Holtrop
EXP Realty (Grand Rapids)
List Price
$220,000
Sold Price
$205,000
Premium/Discount to List
-$15,000
-6.82%
Current Estimated Value
$386,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,565
Avg. Annual Appreciation
7.77%
Original Mortgage
$174,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2007
Sold by
Brooks Brandon and Brooks Julia K
Bought by
Conrad Christopher R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,036
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 2005
Sold by
Whit William C and Johnson Eunice M
Bought by
Brooks Brandon and Brooks Julia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 1988

Purchase Details

Closed on
Dec 31, 1986
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
Marcionetti Matthew D $205,000 None Available
Conrad Christopher R $143,250 None Available
Brooks Brandon $133,000 --
-- $54,000 --
-- $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcionetti Matthew $195,000
Closed Marcionetti Matthew D $174,250
Previous Owner Conrad Christopher R $137,238
Previous Owner Conrad Christopher R $141,036
Previous Owner Brooks Brandon $119,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2017 03/30/17 Sold $205,000 -6.8% --
02/09/2017 02/09/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $220,000 -- --
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 $3,805 $152,200 $0 $0
2024 $3,805 $136,000 $0 $0
2023 $3,808 $112,400 $0 $0
2022 $3,617 $102,500 $0 $0
2021 $3,529 $96,100 $0 $0
2020 $3,397 $91,000 $0 $0
2019 $3,509 $82,000 $0 $0
2018 $3,397 $77,400 $0 $0
2017 $2,062 $62,800 $0 $0
2016 $2,078 $54,200 $0 $0
2015 $1,961 $54,200 $0 $0
2013 -- $45,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16058095

Southwestern Michigan Association of REALTORS®

APN: 41-14-29-484-016