NOT LISTED FOR SALE

Estimated Value: $411,864 - $577,000

-- Bed
-- Bath
-- Sq Ft
5,096 Sq Ft Lot

Last Sold December 28, 2018

Last sale price $305,550

Est. 61% increase in value since last sale

Current estimated payment $3,223/month

5 Days on Market

About This Home

As of December 2018

Heritage Hill Investment opportunity! This 4 unit property is in a prime location with easy access to the medical mile, public transportation and expressway. Unit 1 includes 1 bedroom and has direct access to basement and rear of home. Unit 2 includes 1 bedroom, hardwood floors, spacious kitchen and dining area. Unit 3 includes 3 bedrooms and an upper loft. Unit 4 includes 1 bedroom and has plenty of storage. Long term tenants, off street parking, laundry available in basement. Newer roof and furnaces. Excellent owner occupied or income producing investment. Showings to occur only during scheduled showing blocks. Tenant Rights Apply. Must Close by Dec 31.,2018

Last Agent to Sell the Property

Jeff Blahnik

Five Star Real Estate (Main) License #6502124015 Listed on: 11/29/2018

Five Star Real Estate (Main)

Last Buyer's Agent

Ingrid Nelson

Greenridge Realty (Cascade) License #6506048552

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,004

Year Built

  • Built in 1890

Lot Details

  • 5,096 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

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

Listing and Financial Details

  • The owner pays for water, sewer, gas

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,226
  • Maintenance Expense $3,900
  • Manager Expense $8

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,004

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 350000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5096.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Insurance Expense: 1226.0
  • Maintenance Expense: 3900.0
  • Manager Expense: 8.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 4003.94
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2018
Closed on
Dec 28, 2018
Sold by
Emily R Brink Revocable Living Trust
Bought by
Viking Property Company Llc
Seller's Agent
Jeff Blahnik
Five Star Real Estate (Main)
Buyer's Agent
Ingrid Nelson
Greenridge Realty (Cascade)
List Price
$350,000
Sold Price
$305,550
Premium/Discount to List
-$44,450
-12.7%
Current Estimated Value
$490,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,916
Avg. Annual Appreciation
6.81%

Purchase Details

Closed on
Oct 8, 2015
Sold by
Brink Emily R
Bought by
Brink Emily R and Emily R Brink Revocable Living Trust

Purchase Details

Listed on
Feb 14, 2012
Closed on
Jun 14, 2012
Sold by
Schuitema John and Murphy Megan Carol
Bought by
Brink Emily R
Seller's Agent
Diane Griffin
Keller Williams GR North (Main)
Buyer's Agent
Jeff Blahnik
Five Star Real Estate (Main)
List Price
$158,800
Sold Price
$143,933
Premium/Discount to List
-$14,867
-9.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%

Purchase Details

Closed on
Nov 17, 2000
Sold by
Cnnn Ent and Cnnn Schtema J
Bought by
Brink Schtema J and Brink Emily R

Purchase Details

Closed on
Feb 8, 2000
Bought by
Cannon Ent and Brink Emily R

Purchase Details

Closed on
Sep 29, 1995
Sold by
Meyers Meyers J J and Meyers Makinen J
Bought by
Brink Makinen J and Brink Emily R

Purchase Details

Closed on
Mar 22, 1985
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
Viking Property Company Llc $305,550 Startitle Agency Llc
Brink Emily R -- Attorney
Brink Emily R $143,933 Grand Rapids Title Agency Ll
Brink Schtema J $110,000 --
Cannon Ent $86,900 --
Brink Makinen J $69,900 --
-- $12,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Viking Property Company Llc $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $305,550 -12.7% --
12/04/2018 12/04/18 Pending -- -- --
11/29/2018 11/29/18 For Sale $350,000 +143.2% --
06/14/2012 06/14/12 Sold $143,933 -9.4% --
04/20/2012 04/20/12 Pending -- -- --
02/14/2012 02/14/12 For Sale $158,800 -- --
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 $6,604 $193,600 $0 $0
2024 $6,604 $178,800 $0 $0
2023 $6,313 $154,100 $0 $0
2022 $6,226 $138,300 $0 $0
2021 $6,067 $152,300 $0 $0
2020 $5,863 $134,200 $0 $0
2019 $6,004 $112,500 $0 $0
2018 $4,004 $116,700 $0 $0
2017 $3,906 $96,200 $0 $0
2016 $3,925 $82,600 $0 $0
2015 $3,740 $82,600 $0 $0
2013 -- $75,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18056667

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-201-020