NOT LISTED FOR SALE

315 Logan St SE Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $432,615 - $447,000

3 Beds
2 Baths
-- Sq Ft
6,604 Sq Ft Lot

Last Sold October 14, 2020

Last sale price $290,000

Est. 47% increase in value since last sale

Current estimated payment $2,824/month

3 Days on Market

Highlights

  • Cooling Available
  • High Speed Internet
  • 1-minute walk to Mooney Park
  • Forced Air Heating System
  • Wood Siding

About This Home

As of October 2020

Have you always dreamed of owning a gorgeous historic mansion? Here's a perfect opportunity for an owner occupant or investor to capitalize on this multi-family residence. This lovely two-family home has many updates including a brand new kitchen with new appliances in the lower unit 1, new plumbing, and new roof on the back portion. A second bedroom was also added in the lower unit keeping with the historic vibe by installing a beautiful tall solid wood door. There is opportunity to finish the attic space for a third bedroom in the upper unit. Nature lovers; this home comes with an additional empty lot allowing for a large fenced side yard which is almost unheard of in Heritage Hill. All utilities are separate. Excellent tenants in the upper unit, lower unit is owner occupied.

Last Agent to Sell the Property

Santiago Gomez

Keller Williams Realty Rivertown Listed on: 08/28/2020

Last Buyer's Agent

Ross Bacon

RE/MAX of Grand Rapids (FH) License #6501381489

RE/MAX of Grand Rapids (FH)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,684

Year Built

  • Built in 1900

Lot Details

  • 6,604

Parking

  • 1 Parking Space

Home Design

  • Composition Roof
  • Rubber Roof
  • Wood Siding

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Window Unit Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Walk-Out Basement
  • 6,604 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, sewer
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,684

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walk Out

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 300000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition, Rubber

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6604.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Water, Sewer

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4684.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Oct 14, 2020
Sold by
Gill Melissa and 315 Logan Street Trust
Bought by
Swanson Kevin
Seller's Agent
Santiago Gomez
Keller Williams Realty Rivertown
Buyer's Agent
Ross Bacon
RE/MAX of Grand Rapids (FH)
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%
Current Estimated Value
$426,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,766
Avg. Annual Appreciation
8.44%
Original Mortgage
$234,747
Outstanding Balance
$210,316
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$218,329

Purchase Details

Closed on
Apr 12, 2019
Sold by
Coons Clint
Bought by
Gill Matthew and 315 Logan Street Trust

Purchase Details

Listed on
Aug 29, 2018
Closed on
Oct 24, 2018
Sold by
Hosack Joshua Daniel and Hosack Lindsay
Bought by
Gill Matthew
Seller's Agent
Lloyd Reed, Jr.
Home Run Real Estate
Buyer's Agent
Santiago Gomez
Santiago Properties LLC
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$245,471
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
May 11, 2012
Closed on
Aug 3, 2012
Sold by
Reinert David
Bought by
Hosack Joshua Daniel and Hosack Lindsay Danielle
Seller's Agent
Josh May
RE/MAX of G.R. Inc. (SE) - I
Buyer's Agent
Lloyd Reed, Jr.
Home Run Real Estate
List Price
$149,900
Sold Price
$147,000
Premium/Discount to List
-$2,900
-1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$144,337
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
May 11, 2012
Closed on
Jun 29, 2012
Sold by
Hanover Haltends Llc
Bought by
Reinert David
Seller's Agent
Josh May
RE/MAX of G.R. Inc. (SE) - I
Buyer's Agent
Lloyd Reed, Jr.
Home Run Real Estate
List Price
$149,900
Sold Price
$147,000
Premium/Discount to List
-$2,900
-1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,337
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 2011
Sold by
Reinert David
Bought by
Hanover Haltends Llc

Purchase Details

Closed on
Mar 13, 2003
Sold by
Craigie Bruce A and Craigie Barbara L
Bought by
Reinert Dave

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 4, 2003
Sold by
Helms Jeff
Bought by
Craigie Bruce A and Craigie Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.96%
Mortgage Type
Commercial
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
Swanson Kevin $290,000 First American Title
Gill Matthew -- None Available
Coons Clint -- None Available
Gill Matthew $250,000 None Available
Hosack Joshua Daniel $147,000 None Available
Reinert David -- None Available
Hanover Haltends Llc $110,000 None Available
Reinert Dave $160,000 --
Craigie Bruce A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Kevin $20,000
Open Swanson Kevin $234,747
Previous Owner Gill Matthew $245,471
Previous Owner Hosack Joshua Daniel $144,337
Previous Owner Reinert David $156,750
Previous Owner Reinert Dave $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $290,000 -3.3% --
08/31/2020 08/31/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $300,000 +20.0% --
10/24/2018 10/24/18 Sold $250,000 0.0% --
09/10/2018 09/10/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $250,000 +70.1% --
08/03/2012 08/03/12 Sold $147,000 -1.9% --
05/27/2012 05/27/12 Pending -- -- --
05/11/2012 05/11/12 For Sale $149,900 -- --
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 $5,852 $185,100 $0 $0
2024 $5,852 $175,200 $0 $0
2023 $5,856 $152,500 $0 $0
2022 $5,871 $130,100 $0 $0
2021 $6,706 $128,500 $0 $0
2020 $4,534 $118,000 $0 $0
2019 $4,684 $105,800 $0 $0
2018 $3,809 $92,100 $0 $0
2017 $3,716 $84,100 $0 $0
2016 $3,734 $71,600 $0 $0
2015 $2,900 $71,600 $0 $0
2013 -- $69,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Santiago Gomez

    Keller Williams Realty Rivertown

  • Ross Bacon

    Buyer's Agent in 2020

    Ross Bacon

    RE/MAX Michigan

    (616) 957-0700

    2 in this area

    130 Total Sales

    Section Image

  • L

    Seller's Agent in 2018

    Lloyd Reed, Jr.

    Home Run Real Estate

    (616) 889-7662

    59 Total Sales

    Section Image

  • J

    Seller's Agent in 2012

    Josh May

    RE/MAX of G.R. Inc. (SE) - I

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20035632

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-128-027

Michigan Kent County Grand Rapids 49503 Heritage Hill

315 Logan St SE, Grand Rapids, MI

This home is located at 315 Logan St SE, Grand Rapids, MI 49503 since 28 August 2020 and is currently estimated at $440,154. This property was built in 1900. 315 Logan St SE is a home located in Kent County with nearby schools including Martin Luther King Leadership Academy, Alger Middle School, and Ottawa Hills 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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