NOT LISTED FOR SALE

Estimated Value: $251,000 - $368,000

4 Beds
4 Baths
-- Sq Ft
0.26 Acres

Last Sold August 18, 2015

Last sale price $141,000

Est. 132% increase in value since last sale

Current estimated payment $2,008/month

10 Days on Market

Highlights

  • Brick or Stone Mason
  • Forced Air Heating and Cooling System
  • Level Lot
  • East Kentwood High School Rated A-
  • 4 Car Garage

About This Home

As of August 2015

Live for free - Let the tenants pay your house payments! Both units offer a finished family room in the lower level plus 850-900 sq. ft. main floor totaling about 1,300 sq. ft. finished per side. The south unit (3217) has just been freshly painted and carpeted and is ready to move into and should be in the $900-$1,000 per month ranch. The Seller has occupied unit 3215 for many years and has added some very nice built-ins downstairs. Both furnaces are newer and each unit has a cement patio. Property is close to the malls and Kent County Airport.

Last Agent to Sell the Property

Dwight Berens

RE/MAX of Grand Rapids (Stndl) License #6501095445 Listed on: 07/30/2015

RE/MAX of Grand Rapids (Stndl)

Co-Listed By

Heather Vanderveen

RE/MAX of Grand Rapids (Stndl) License #6501374107

Last Buyer's Agent

Allison Koetsier

Compass Realty Services License #6502378425

Compass Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 1979

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 84 x 135
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Brick or Stone Mason
  • Composition Roof
  • Aluminum Siding
  • Stone

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $800
  • Maintenance Expense $500
  • Utility Expense $800
  • Operating Expense $4,700
  • Gross Income $19,200
  • Net Operating Income $14,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,600

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1979
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 84 x 135
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2600.0
  • Tax Info:Zoning3: R-2
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Aluminum Siding, Stone
  • List Price: 144900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Stone: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11340.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 19200.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 500.0
  • Net Operating Income: 14500.0
  • Number of Units Total: 2
  • Operating Expense: 4700.0

Tax Info

  • Tax Annual Amount: 2600.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2017
Sold by
Ammon Steven and Ammon Kathryn
Bought by
Residential Rental Properies East Llc
Current Estimated Value
$326,895

Purchase Details

Closed on
Dec 16, 2016
Sold by
Roberts Shelly and Ammon Steven
Bought by
Ammon Steven and Ammon Kathryn

Purchase Details

Listed on
Jul 30, 2015
Closed on
Aug 18, 2015
Sold by
Noordyke Dale E
Bought by
Roberts Shelly and Ammon Steve
Seller's Agent
Dwight Berens
RE/MAX of Grand Rapids (Stndl)
Buyer's Agent
Allison Koetsier
Compass Realty Services
List Price
$144,900
Sold Price
$141,000
Premium/Discount to List
-$3,900
-2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%

Purchase Details

Closed on
Mar 8, 2004
Sold by
Cline Max E and Cline Carol C
Bought by
Cline Aaron C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage
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
Residential Rental Properies East Llc -- None Available
Ammon Steven -- None Available
Roberts Shelly $141,000 Chicago Title
Cline Aaron C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cline Aaron C $135,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2015 08/18/15 Sold $141,000 -2.7% --
08/09/2015 08/09/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $144,900 -- --
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 $3,360 $160,500 $0 $0
2024 $3,360 $119,100 $0 $0
2023 $4,141 $109,200 $0 $0
2022 $3,929 $99,300 $0 $0
2021 $3,834 $88,200 $0 $0
2020 $2,762 $83,800 $0 $0
2019 $3,735 $83,800 $0 $0
2018 $3,653 $75,000 $0 $0
2017 $3,564 $62,800 $0 $0
2016 $3,478 $55,600 $0 $0
2015 $2,507 $55,600 $0 $0
2013 -- $57,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15041076

Southwestern Michigan Association of REALTORS®

APN: 41-18-15-426-004