NOT LISTED FOR SALE

318 Eureka Ave SE Grand Rapids, MI 49506

East Hills Neighborhood

Estimated Value: $424,000 - $477,000

-- Bed
-- Bath
-- Sq Ft
4,879 Sq Ft Lot

Last Sold May 11, 2021

Last sale price $360,000

Est. 22% increase in value since last sale

Current estimated payment $3,086/month

4 Days on Market

About This Home

As of May 2021

Adorable 2 unit in the heart of Fairmount Square Historic Neighborhood. Perfectly located between both Wealthy St and Cherry St, walkable to all local attractions, restaurants and shops. Exterior freshly painted with gorgeous wrap around porch to enjoy the scenery of the neighborhood and quiet one way street. Long driveway with plenty of space for parking and cozy backyard. Lower unit with 3BR, 1BA and upper unit with 2BR, 1BA. Updated throughout. Laundry in each unit. Buyer and buyer's agent to verify all information. Owner is licensed realtor in State of Michigan. Seller requests offers held until Monday, April 12 at 6pm.

Last Agent to Sell the Property

Rick Pantaleo

Windy Mitten Properties License #6501416261 Listed on: 04/08/2021

Last Buyer's Agent

John Huizenga

Homes and Loans of W Mich License #6502331798

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,073

Year Built

  • Built in 1913

Lot Details

  • 4,879 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Wood Siding

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,073

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 320000.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4879.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 5072.52
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 11, 2021
Sold by
Dibs Enterprises Llc
Bought by
Wissman Jason and Tran Hanh
Seller's Agent
Rick Pantaleo
Windy Mitten Properties
Buyer's Agent
John Huizenga
Homes and Loans of W Mich
List Price
$320,000
Sold Price
$360,000
Premium/Discount to List
$40,000
12.5%
Current Estimated Value
$439,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,910
Avg. Annual Appreciation
4.54%
Original Mortgage
$306,000
Outstanding Balance
$278,249
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$156,439

Purchase Details

Closed on
Jun 9, 2017
Sold by
Pantalco Rick J and Pantalco Frank J
Bought by
Dibs Enterprises Llc

Purchase Details

Closed on
Oct 12, 2016
Sold by
Djs Enterprise Group Llc
Bought by
Pantaleo Rick J and Pantaleo Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
3.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 2008
Sold by
Mortgage Electronic Registration Systems
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Nov 5, 2008
Sold by
Oakes Matthew W and Oakes Stephanie
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Oct 28, 2005
Sold by
Oakes Matthew W and Oakes Stephanie K
Bought by
Basilicus Properties Llc

Purchase Details

Closed on
Jun 15, 2004
Sold by
Acorn Properties Of Grand Rapids Llc
Bought by
Oakes Matthew W and Oakes Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
6.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2004
Sold by
Oakes Matthew W and Oakes Stephanie
Bought by
Acorn Properties Of Grand Rapids Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
8.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 2004
Sold by
Randall Virginia E
Bought by
Oakes Matthew and Oakes Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
8.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 22, 1983

Purchase Details

Closed on
Jul 21, 1983

Purchase Details

Closed on
Jun 2, 1983

Purchase Details

Closed on
May 27, 1983
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wissman Jason $360,000 First American Title Ins Co
Dibs Enterprises Llc -- None Available
Pantaleo Rick J $230,000 Bell Title Agency
Countrywide Home Loans Inc -- None Available
Mortgage Electronic Registration Systems $129,190 None Available
Basilicus Properties Llc -- None Available
Oakes Matthew W -- --
Acorn Properties Of Grand Rapids Llc -- --
Oakes Matthew $95,000 --
-- $26,500 --
-- $5,000 --
-- $8,500 --
-- $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wissman Jason $306,000
Previous Owner Pantaleo Rick J $172,500
Previous Owner Oakes Matthew W $111,200
Previous Owner Oakes Matthew W $107,200
Previous Owner Oakes Matthew $76,000
Closed Oakes Matthew $19,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Sold $360,000 +12.5% --
04/12/2021 04/12/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $320,000 -- --
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 $8,118 $215,200 $0 $0
2024 $8,118 $193,100 $0 $0
2023 $6,644 $162,200 $0 $0
2022 $6,312 $147,600 $0 $0
2021 $4,171 $139,400 $0 $0
2020 $4,881 $132,200 $0 $0
2019 $4,998 $116,000 $0 $0
2018 $4,700 $102,900 $0 $0
2017 $4,585 $76,500 $0 $0
2016 $3,234 $70,600 $0 $0
2015 $3,427 $70,600 $0 $0
2013 -- $58,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rick Pantaleo

    Windy Mitten Properties

    (616) 502-5028

    1 in this area

    18 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    John Huizenga

    Homes and Loans of W Mich

    (616) 334-3113

    1 in this area

    39 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21011324

Southwestern Michigan Association of REALTORS®

APN: 41-14-29-358-004

Michigan Kent County Grand Rapids 49506 East Hills

318 Eureka Ave SE, Grand Rapids, MI

This home is located at 318 Eureka Ave SE, Grand Rapids, MI 49506 since 08 April 2021 and is currently estimated at $450,544. This property was built in 1913. 318 Eureka Ave 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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