NOT LISTED FOR SALE

312 Palmer St NE Unit 314 Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $290,000 - $305,820

-- Bed
-- Bath
-- Sq Ft
7,013 Sq Ft Lot

Last Sold January 09, 2019

Last sale price $168,000

Est. 78% increase in value since last sale

Current estimated payment $1,924/month

2 Days on Market

About This Home

As of January 2019

**OPEN HOUSE CANCELLED - OFFER ACCEPTED** This fantastic 2-unit is one of those, and would make a GREAT turnkey investment property, or owner-occupied home. Virtually all updates including electrical, plumbing, mechanicals, kitchens bathrooms, have been done. Downstairs (currently owner occupied) has a perfect 1 bed set up with large kitchen, formal dining room, bathroom and room. It has access to a large deck & basement. Upstairs is a functional 2 bed with access to its own private balcony. Each unit has its own driveway on each side of the house. The property has a large fenced in yard. The location is PERFECTLY situated around the corner from City High, Lucy's Cafe, Creston Brewing and all the awesomness Plainfield has to offer. Perfect for owner-occ or easily over 8-cap for investor.

Last Agent to Sell the Property

Santiago Gomez

Keller Williams Realty Rivertown Listed on: 12/06/2018

Last Buyer's Agent

Dan Steffee

Green Crown Real Estate LLC License #6506049140

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,485

Year Built

  • Built in 1910

Lot Details

  • 7,013

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

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

Additional Features

  • Michigan Basement
  • 7,013 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,485

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 145000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 7013.0
  • Zoning Description: RES 2DU
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1485.41
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2025
Sold by
Rose Alexander and Rose Samantha
Bought by
Korte Eva and Korte Angela
Current Estimated Value
$298,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Outstanding Balance
$235,213
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$62,992

Purchase Details

Listed on
Dec 6, 2018
Closed on
Jan 9, 2019
Sold by
Lozano Abinadad and Flores Marcela
Bought by
Rose Alexander and Rose Samantha
Seller's Agent
Santiago Gomez
Keller Williams Realty Rivertown
Buyer's Agent
Dan Steffee
Green Crown Real Estate LLC
List Price
$145,000
Sold Price
$168,000
Premium/Discount to List
$23,000
15.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$164,957
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 2017
Sold by
Highway Linda B
Bought by
Flores Marcela Leon and Hernandez Abinadad Lozano

Purchase Details

Closed on
Mar 11, 2005
Sold by
Decater Linda and Highway Linda B
Bought by
Highway Linda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Interest Rate
5.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 2000
Sold by
Brailey Brailey F F and Brailey Huyser K
Bought by
Decator Huyser K and Decator Dina

Purchase Details

Closed on
Aug 24, 1998
Sold by
Cldr Cty Trns and Cldr Braily
Bought by
Decator Braily and Decator Dina

Purchase Details

Closed on
Jul 13, 1995
Sold by
Larwin Larwin and Larwin Ts
Bought by
Decator Dina

Purchase Details

Closed on
Sep 20, 1994
Sold by
Colby Colby M M and Colby Ts
Bought by
Decator Dina

Purchase Details

Closed on
Mar 1, 1993
Sold by
Larwin Es
Bought by
Decator Dina
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
Korte Eva $295,000 None Listed On Document
Rose Alexander $168,000 First American Title Ins Co
Flores Marcela Leon $70,900 Sun Title Agency Of Michigan
Highway Linda B -- --
Decator Huyser K -- --
Decator Braily $48,000 --
Decator Dina $100 --
Decator Dina -- --
Decator Dina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korte Eva $236,000
Previous Owner Rose Samantha $170,234
Previous Owner Rose Samantha $170,234
Previous Owner Rose Alexander $164,957
Previous Owner Highway Linda B $83,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2019 01/09/19 Sold $168,000 +15.9% --
12/08/2018 12/08/18 Pending -- -- --
12/06/2018 12/06/18 For Sale $145,000 -- --
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 $3,641 $123,500 $0 $0
2024 $3,641 $102,500 $0 $0
2023 $3,480 $88,800 $0 $0
2022 $3,433 $78,000 $0 $0
2021 $2,762 $70,500 $0 $0
2020 $2,658 $63,200 $0 $0
2019 $1,918 $52,700 $0 $0
2018 $1,472 $42,300 $0 $0
2017 $1,789 $35,500 $0 $0
2016 $2,144 $33,100 $0 $0
2015 $1,692 $33,100 $0 $0
2013 -- $36,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Santiago Gomez

    Keller Williams Realty Rivertown

  • Dan Steffee

    Buyer's Agent in 2019

    Dan Steffee

    Green Crown Real Estate LLC

    (616) 490-4977

    14 in this area

    111 Total Sales

    Dan Steffee
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18057377

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-180-004

Michigan Kent County Grand Rapids 49505 Creston

312 Palmer St NE Unit 314, Grand Rapids, MI

This home is located at 312 Palmer St NE Unit 314, Grand Rapids, MI 49505 since 06 December 2018 and is currently estimated at $298,205. This property was built in 1910. 312 Palmer St NE Unit 314 is a home located in Kent County with nearby schools including Palmer School, Riverside Middle School, and Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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