NOT LISTED FOR SALE

Estimated Value: $446,000 - $614,000

8 Beds
4 Baths
-- Sq Ft
0.34 Acres

Last Sold August 13, 2019

Last sale price $247,900

Est. 126% increase in value since last sale

Current estimated payment $3,525/month

7 Days on Market

Highlights

  • Cul-De-Sac
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System

About This Home

As of August 2019

Attractive All Brick Income Property And Fully Rented. Features include 5 stall Garage And Storage Shed With Private Back Yard. Great Location At The End Of A Cul-de-sac.

Last Agent to Sell the Property

Hung Pham

Bellabay Realty LLC Listed on: 07/02/2019

Last Buyer's Agent

Erik Ledezma

Lake Michigan Realty Mgmt License #6501409178

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,052

Year Built

  • Built in 1966

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,052

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • List Price: 239900.0
  • Lot Features: Cul-De-Sac
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Heating: Yes
  • Utilities: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Size Sq Ft: 14810.0
  • Zoning Description: .
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 4052.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2023
Sold by
Ledezma Erik
Bought by
Marshall Real Estate Grand Rapids Llc
Current Estimated Value
$559,171

Purchase Details

Listed on
Jul 2, 2019
Closed on
Aug 13, 2019
Sold by
Rfg Marshall Llc
Bought by
Ledezma Erik
Seller's Agent
Hung Pham
Bellabay Realty LLC
Buyer's Agent
Erik Ledezma
Lake Michigan Realty Mgmt
List Price
$239,900
Sold Price
$247,900
Premium/Discount to List
$8,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.00%
Original Mortgage
$243,409
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 2017
Sold by
Ganchua Randell
Bought by
Rfg Marshall Llc

Purchase Details

Closed on
Sep 16, 2016
Sold by
Rfg Marshall Llc
Bought by
Ganchua Randell

Purchase Details

Closed on
Feb 9, 2016
Sold by
Ganchua Randell
Bought by
Rfg Marshall Llc

Purchase Details

Listed on
Jul 22, 2014
Closed on
Oct 28, 2014
Sold by
Ta Li Soutieng and Li Hsiao Sheng
Bought by
Ganchua Randall
Seller's Agent
Denise Love
RW Daniels Realty
Buyer's Agent
John Cremer
Five Star Real Estate (Grandv)
List Price
$133,400
Sold Price
$131,500
Premium/Discount to List
-$1,900
-1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.05%
Original Mortgage
$98,625
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2012
Closed on
Dec 21, 2012
Sold by
Nguyen Thua V
Bought by
Ta Li Soutieng and Liw Hsiao Sheng
Seller's Agent
Philip Ribbens
Five Star Real Estate (Grandv)
Buyer's Agent
Denise Love
RW Daniels Realty
List Price
$155,000
Sold Price
$122,000
Premium/Discount to List
-$33,000
-21.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%

Purchase Details

Closed on
Apr 30, 2010
Sold by
Le Kim Thi and Ly Trung Hieu
Bought by
Nguyen Thua V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,800
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2001
Sold by
Negron Kim T
Bought by
Le Kim Thi

Purchase Details

Closed on
Nov 18, 1999
Sold by
Phn Phn Y Y and Phn Phan Y
Bought by
Phan and Ta-Li Soutieng Li Hsiao Sheng

Purchase Details

Closed on
Jul 6, 1992
Sold by
Karp Karp R R and Karp Ly T
Bought by
Ta-Li Soutieng Li Hsiao Sheng
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
Marshall Real Estate Grand Rapids Llc -- Sun Title Agency Of Michigan
Ledezma Erik $247,900 None Available
Rfg Marshall Llc -- None Available
Ganchua Randell -- None Available
Rfg Marshall Llc -- None Available
Ganchua Randall $131,500 None Available
Ta Li Soutieng $122,000 None Available
Nguyen Thua V $111,000 Chicago Title
Le Kim Thi -- Michigan Title Company
Phan -- --
Ta-Li Soutieng Li Hsiao Sheng $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ledezma Erik $243,409
Previous Owner Ganchua Randall $98,625
Previous Owner Nguyen Thua V $88,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2019 08/13/19 Sold $247,900 +3.3% --
07/09/2019 07/09/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $239,900 +82.4% --
10/28/2014 10/28/14 Sold $131,500 -1.4% -- View Prior Sale
10/27/2014 10/27/14 Pending -- -- --
07/22/2014 07/22/14 For Sale $133,400 +9.3% --
12/26/2012 12/26/12 Sold $122,000 -21.3% -- View Prior Sale
12/04/2012 12/04/12 Pending -- -- --
05/23/2012 05/23/12 For Sale $155,000 -- --
Source: MichRIC

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 $7,179 $207,100 $0 $0
2024 $7,179 $143,900 $0 $0
2023 $5,309 $143,900 $0 $0
2022 $5,046 $125,000 $0 $0
2021 $4,916 $94,200 $0 $0
2020 $4,390 $94,200 $0 $0
2019 $4,180 $81,800 $0 $0
2018 $4,052 $76,500 $0 $0
2017 $3,688 $66,000 $0 $0
2016 $3,380 $63,000 $0 $0
2015 $3,221 $63,000 $0 $0
2013 -- $66,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 19030581

MichRIC

APN: 41-18-17-301-005