NOT LISTED FOR SALE

3202 Marshall Ave SE Unit 1-4 Grand Rapids, MI 49508

Ken-O-Sha Park Neighborhood

Estimated Value: $467,000 - $645,000

8 Beds
4 Baths
-- Sq Ft
0.3 Acres

Last Sold January 27, 2022

Last sale price $391,000

Est. 32% increase in value since last sale

Current estimated payment $3,386/month

16 Days on Market

Highlights

  • 1 Fireplace
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Cul-De-Sac
  • Accessible Approach with Ramp
  • Laundry Facilities

About This Home

As of January 2022

Fully occupied 4 unit. 2 Bedroom/ 1 bath unitsRents are :$925 leased ends 7/22.$900 lease ends 5/22$850 month to month$800 Month to monthOne unit has fresh paint and carpet. 4 stall carport behind building, and street parking.Coin operated washer and dryer in basement.Private storage units in basement. Upper units have patioShowings allowed only 12/12/21 (1-3)One unit has rampAll offers due 12/14/ 5pm

Last Agent to Sell the Property

Janis Schnittker

Rise Realty Group License #6506045264 Listed on: 12/03/2021

Last Buyer's Agent

Melvin Blohm

Greenridge Realty (Summit) License #6501435658

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,003

Year Built

  • Built in 1966

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 93x135
  • Cul-De-Sac

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Carport
  • Driveway

Accessible Home Design

  • Accessible Approach with Ramp
  • Accessible Ramps

Location

  • Mineral Rights Excluded

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include lawn/yard care, sewer, snow removal, trash, water
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $3,813
  • Manager Expense $8
  • Utility Expense $2,342

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,003

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
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 93X135
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 5003.0
  • Tax Info:Zoning3: RES
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Lot Description:Cul-De-Sac: Yes
  • Heat Type:Radiant: Yes
  • Location Property Info:Subdivision2: na
  • Mineral Rights:No: Yes
  • Heat Type:Baseboard: Yes
  • Extras:Laundry Facility: Yes
  • Accessibility Feat:Ramped Entrance: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Ramped Entrance
  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 377000.0
  • Lot Features: Cul-De-Sac, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Carports: Yes

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Baseboard, Radiant
  • Heating: Yes
  • Utilities: Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

Condo/Co-op/Association

  • Association: Yes

Fee Information

  • Association Fee Includes: Lawn/Yard Care, Sewer, Snow Removal, Trash, Water

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Dimensions: 93X135
  • Lot Size Sq Ft: 13068.0
  • Zoning Description: RES

Rental Info

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

Multi Family

  • Insurance Expense: 3813.0
  • Manager Expense: 8.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 5003.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 26, 2022
Sold by
Rembert Tremaine D
Bought by
Singh Hardip
Seller's Agent
Janis Schnittker
Rise Realty Group
Buyer's Agent
Melvin Blohm
Greenridge Realty (Summit)
List Price
$377,000
Sold Price
$391,000
Premium/Discount to List
$14,000
3.71%
Current Estimated Value
$514,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,826
Avg. Annual Appreciation
7.61%
Original Mortgage
$366,300
Outstanding Balance
$340,178
Interest Rate
3.56%
Mortgage Type
FHA
Estimated Equity
$174,648

Purchase Details

Closed on
Sep 25, 2020
Sold by
El Chubbo Llc
Bought by
Rembert Tremaine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2020
Sold by
Murphy Brian
Bought by
Vanloo Roger and Jenkins Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2018
Sold by
Mujkanovic Emir
Bought by
Murphy Brian

Purchase Details

Closed on
Oct 6, 2015
Sold by
Fazlic Sanel
Bought by
Mujkanovic Emir

Purchase Details

Closed on
Mar 25, 2011
Sold by
Chemical Bank
Bought by
Fazlic Sanel and Mujkanovic Emir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 21, 2010
Sold by
Russell Properties Llc
Bought by
Chemical Bank

Purchase Details

Closed on
Nov 8, 2006
Sold by
Brizio Humberto
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 2, 2003
Sold by
Perez Rene
Bought by
Brizio Humberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 1994
Sold by
Roelofs Roelofs R R and Roelofs Lam T
Bought by
Fazlic Sanel

Purchase Details

Closed on
Aug 15, 1986
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
Singh Hardip $391,000 Sun Title
Rembert Tremaine D $305,000 None Available
El Chubbo Llc -- First American Title Ins Co
Vanloo Roger $260,000 First American Title
Murphy Brian $220,000 Sun Title Agency Of Michigan
Mujkanovic Emir -- None Available
Mujkanovic Emir -- None Available
Fazlic Sanel -- None Available
Chemical Bank $115,000 None Available
Wells Fargo Bank Na $201,089 None Available
Brizio Humberto $200,000 Michigan Title Company
Fazlic Sanel $129,000 --
-- $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Hardip $366,300
Previous Owner Rembert Tremaine D $294,566
Previous Owner Vanloo Roger $195,000
Previous Owner Fazlic Sanel $60,000
Previous Owner Brizio Humberto $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2022 01/27/22 Sold $391,000 +3.7% --
12/19/2021 12/19/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $377,000 -- --
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 $8,287 $210,600 $0 $0
2024 $8,287 $166,100 $0 $0
2023 $8,517 $166,100 $0 $0
2022 $4,774 $144,800 $0 $0
2021 $5,002 $97,700 $0 $0
2020 $4,263 $97,700 $0 $0
2019 $4,365 $81,800 $0 $0
2018 $3,550 $76,500 $0 $0
2017 $3,463 $66,000 $0 $0
2016 $3,480 $63,000 $0 $0
2015 $3,221 $63,000 $0 $0
2013 -- $66,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janis Schnittker

    Seller's Agent in 2022

    Janis Schnittker

    Rise Realty Group

    (616) 227-0744

    3 in this area

    84 Total Sales

    Janis Schnittker
    Section Image

  • M

    Buyer's Agent in 2022

    Melvin Blohm

    Greenridge Realty (Summit)

    (616) 365-8900

    2 in this area

    24 Total Sales

    Melvin Blohm
    Section Image
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Map

Source: MichRIC

MLS Number: 21117144

MichRIC

APN: 41-18-17-302-001

Michigan Kent County Grand Rapids 49508 Ken-O-Sha Park

3202 Marshall Ave SE Unit 1-4, Grand Rapids, MI

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