NOT LISTED FOR SALE

320 Michigan Place NE Grand Rapids, MI 49503

Midtown Grand Rapids Neighborhood

Estimated Value: $277,000 - $375,000

-- Bed
-- Bath
-- Sq Ft
3,789 Sq Ft Lot

Last Sold November 22, 2016

Last sale price $115,000

Est. 168% increase in value since last sale

Current estimated payment $1,927/month

53 Days on Market

Highlights

  • Accessible Approach with Ramp
  • 4 Car Garage
  • High Speed Internet
  • Forced Air Heating System

About This Home

As of November 2016

Two family home on the Michigan Medical Mile. One three bedroom and one two bedroom.

Last Agent to Sell the Property

Beth Groelsma

City2Shore Real Estate Inc. License #6501344439 Listed on: 08/21/2016

Last Buyer's Agent

Jeffrey Shaffer

Bellabay Realty (SW) License #6501383836

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,844

Year Built

  • Built in 1900

Lot Details

  • 3,789 Sq Ft Lot
  • Lot Dimensions are 46.50 x 81.50

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Accessible Home Design

  • Accessible Approach with Ramp
  • Accessible Ramps

Utilities

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

Additional Features

  • Michigan Basement
  • Mineral Rights Excluded

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,844

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
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 46.50 x 81.50
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1844.0
  • Tax Info:Zoning3: Res. Improved
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Utilities Attached:Telephone Line: Yes
  • Mineral Rights:No: Yes
  • Substructure:Michigan Basement: Yes
  • Accessibility Feat:Ramped Entrance: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Ramped Entrance
  • Basement: Basement, Michigan Basement

Exterior Features

  • List Price: 125000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3789.0
  • Zoning Description: Res. Improved
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1844.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2022
Sold by
Boeve Jason L
Bought by
Boeve Amy K
Current Estimated Value
$308,125

Purchase Details

Listed on
Aug 21, 2016
Closed on
Nov 22, 2016
Sold by
Leep Harold J and Leep Minnie J
Bought by
Boeve Jason L and Boeve Amy M
Seller's Agent
Beth Groelsma
City2Shore Real Estate Inc.
Buyer's Agent
Jeffrey Shaffer
Bellabay Realty (SW)
List Price
$129,000
Sold Price
$115,000
Premium/Discount to List
-$14,000
-10.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%
Original Mortgage
$86,250
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2014
Sold by
Leep Harold J and Leep Minnie J
Bought by
Leep Harold J and Leep Minnie J

Purchase Details

Closed on
Feb 21, 2013
Sold by
Leep Harold J and Leep Jean
Bought by
Leep Harold J and Leep Minnie Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 1996
Sold by
Leep Leep H H and Leep J
Bought by
Leep Harold J and Leep Harold J Minnie Jean

Purchase Details

Closed on
Oct 17, 1990
Sold by
Posthuma Posthuma D D and Posthuma Leep H
Bought by
Leep Harold J Minnie Jean

Purchase Details

Closed on
Jun 19, 1985
Bought by
Leep Harold J Minnie Jean
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Boeve Amy K -- None Listed On Document
Boeve Jason L $115,000 None Available
Leep Harold J -- None Available
Leep Harold J -- First American Title Ins Co
Leep Harold J -- --
Leep Harold J Minnie Jean $24,000 --
Leep Harold J Minnie Jean $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boeve Jason L $86,250
Previous Owner Leep Harold J $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2016 11/22/16 Sold $115,000 -10.9% --
10/13/2016 10/13/16 Pending -- -- --
08/21/2016 08/21/16 For Sale $129,000 -- --
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 $3,511 $132,500 $0 $0
2024 $3,511 $112,800 $0 $0
2023 $3,356 $99,900 $0 $0
2022 $3,310 $91,000 $0 $0
2021 $3,225 $87,100 $0 $0
2020 $3,858 $79,800 $0 $0
2019 $3,281 $67,700 $0 $0
2018 $3,094 $60,600 $0 $0
2017 $3,018 $53,400 $0 $0
2016 $1,908 $50,900 $0 $0
2015 $2,016 $50,900 $0 $0
2013 -- $38,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Beth Groelsma

    City2Shore Real Estate Inc.

    (616) 889-9313

    14 Total Sales

    Beth Groelsma
    Section Image

  • J

    Buyer's Agent in 2016

    Jeffrey Shaffer

    Bellabay Realty (SW)

    (616) 690-5229

    7 Total Sales

    Jeffrey Shaffer
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16043609

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-202-017

Michigan Kent County Grand Rapids 49503 Midtown Grand Rapids

320 Michigan Place NE, Grand Rapids, MI

This home is located at 320 Michigan Place NE, Grand Rapids, MI 49503 since 21 August 2016 and is currently estimated at $308,125. This property was built in 1900. 320 Michigan Place NE is a home located in Kent County with nearby schools including Grand Rapids Montessori 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes