$131,500
SOLD OCT 28, 2014
-- Bed
-- Bath
-- Sq Ft
0.34 Acres

Recently Sold

1% Below List Price

97 Days on Market

About This Home

As of August 2019

Very nice all brick income property with steady tenants. Features include 6 stall Garage, some newer windows and storage rooms in basement. Property could easily be owner occupied end unit has many nice updates; also a coin-operated laundry which generates approx. $100 per mo.

Last Agent to Sell the Property

Denise Love

RW Daniels Realty License #6502363255 Listed on: 07/22/2014

Last Buyer's Agent

John Cremer

Five Star Real Estate (Grandv) License #6502418398

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1966

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac

Parking

  • 7 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $811
  • Maintenance Expense $600
  • Operating Expense $6,739
  • Gross Income $30,000
  • Net Operating Income $23,261

Property Details

Home Type

Apartment

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: 133400.0
  • Lot Features: Cul-De-Sac, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 7.0

Utilities

  • Heating: Hot Water
  • Heating: Yes
  • Utilities: Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Size Sq Ft: 14810.0

Rental Info

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

Multi Family

  • Gross Income: 30000.0
  • Insurance Expense: 811.0
  • Maintenance Expense: 600.0
  • Net Operating Income: 23261.0
  • Number of Units Total: 3
  • Operating Expense: 6739.0

Tax Info

  • Tax Annual Amount: 3338.0

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

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
9.29%
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
11.42%
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
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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 Type Sale Price Title Company
Warranty Deed -- Sun Title Agency Of Michigan
Warranty Deed $247,900 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $131,500 None Available
Warranty Deed $122,000 None Available
Warranty Deed $111,000 Chicago Title
Quit Claim Deed -- Michigan Title Company
Quit Claim Deed -- --
Warranty Deed $138,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $371,250 New Conventional
Previous Owner $24,200 New Conventional
Previous Owner $243,409 FHA
Previous Owner $567,000 Commercial
Previous Owner $98,625 New Conventional
Previous Owner $88,800 New Conventional
Previous Owner $44,000 Credit Line Revolving
Previous Owner $119,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Price Changed $610,000 -1.6% --
07/30/2025 07/30/25 For Sale $620,000 +150.1% --
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% --
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% --
12/04/2012 12/04/12 Pending -- -- --
05/23/2012 05/23/12 For Sale $155,000 -- --
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 $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: Southwestern Michigan Association of REALTORS®

MLS Number: 14041858

Southwestern Michigan Association of REALTORS®

APN: 41-18-17-301-005