$302,000
SOLD SEP 1, 2020

3119 Burton St SE Unit 3121 Grand Rapids, MI 49546

-- Bed
-- Bath
-- Sq Ft
0.28 Acres

Recently Sold

4% Below List Price

4 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • 4 Car Garage
  • Corner Lot: Yes

About This Home

As of May 2022

Amazing opportunity to snag this ALL Brick, low maintenance duplex immediately adjacent to Calvin College. What a great investment, as an owner occupied, live in one side and rent the other to live for cheap or free, or rent both units and let it cash flow! City Certified through 2/16/2026! One unit has 2 beds &1 bath, finished rec room in lower level. Second unit has 3 beds & 2 baths, finished rec room, Central air, replacement windows. Tenants pay all utilities including gas, water, electric, snow, lawn & trash. Separate parking areas for each unit, one with a 2 stall garage. https://youtu.be/w4b3wZF1XtI

Last Agent to Sell the Property

Doug Mol

Five Star Real Estate (Main) Listed on: 07/22/2020

Five Star Real Estate (Main)

Last Buyer's Agent

Mandie Jones

Home Quest Realty License #6501350298

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,650

Year Built

  • Built in 1959

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 107 x 120
  • Corner Lot: Yes

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Shared Gas Meter
  • 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

Est. Annual Taxes

$3,650

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Brick
  • List Price: 314900.0
  • Lot Features: Sidewalk, Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: 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 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Dimensions: 107 x 120
  • Lot Size Sq Ft: 12371.0
  • Zoning Description: NA
  • 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: 3650.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 19, 2022
Sold by
Prestige Properties Llc
Bought by
Roden Austin D
Seller's Agent
Mandie Jones
Home Quest Realty
Buyer's Agent
Nathan Harr
Reeds Realty
List Price
$369,900
Sold Price
$370,000
Premium/Discount to List
$100
0.03%
Total Days on Market
4
Current Estimated Value
$401,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,827
Avg. Annual Appreciation
4.40%
Original Mortgage
$270,000
Outstanding Balance
$257,912
Interest Rate
4.87%
Mortgage Type
Balloon
Estimated Equity
$164,412

Purchase Details

Listed on
Jul 22, 2020
Closed on
Aug 31, 2020
Sold by
Rudd Myles M and Rudd Sarah D
Bought by
Prestige Properties Llc
Seller's Agent
Doug Mol
Five Star Real Estate (Main)
Buyer's Agent
Mandie Jones
Home Quest Realty
List Price
$314,900
Sold Price
$302,000
Premium/Discount to List
-$12,900
-4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%
Original Mortgage
$226,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2010
Sold by
Beadner Howard and Beadner Mary
Bought by
Spyglass Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2010
Sold by
Kamps Gordon L and Kamps Ruth E
Bought by
Beadner Howard A and Beadner Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2004
Sold by
Schierbeek Donald J and Schierbeek Judith C
Bought by
Kamps Gordon L and Kamps Ruth E

Purchase Details

Closed on
Apr 25, 1996
Bought by
Kamps G and Spyglass Home Llc

Purchase Details

Closed on
Mar 26, 1987
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 Type Sale Price Title Company
Warranty Deed $370,000 None Listed On Document
Warranty Deed -- Sun Title
Warranty Deed $302,000 Sun Title
Warranty Deed $302,000 Sun Title Agency Of Mi Llc
Quit Claim Deed -- None Available
Warranty Deed $150,000 None Available
Warranty Deed $125,000 --
Deed -- --
Deed $83,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,000 Balloon
Previous Owner $226,500 New Conventional
Previous Owner $112,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2022 05/19/22 Sold $370,000 0.0% --
04/16/2022 04/16/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $369,900 +22.5% --
09/01/2020 09/01/20 Sold $302,000 -4.1% --
07/26/2020 07/26/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $314,900 -- --
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
2024 $7,611 $169,100 $0 $0
2023 $7,510 $145,300 $0 $0
2022 $6,131 $135,000 $0 $0
2021 $5,438 $104,200 $0 $0
2020 $3,569 $93,800 $0 $0
2019 $3,654 $86,300 $0 $0
2018 $3,542 $83,700 $0 $0
2017 $3,456 $69,500 $0 $0
2016 $3,472 $67,200 $0 $0
2015 $3,309 $67,200 $0 $0
2013 -- $65,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20028785

Southwestern Michigan Association of REALTORS®

APN: 41-18-03-478-041