NOT LISTED FOR SALE

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

4 Beds
2 Baths
-- Sq Ft
0.26 Acres

Last Sold March 27, 2015

Last sale price $118,200

Est. 174% increase in value since last sale

Current estimated payment $1,990/month

8 Days on Market

Highlights

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

About This Home

As of March 2015

Very desirable location in NE Kentwood, near the malls and close to M-37. One unit has 896 sq. ft. and the other unit has 868 sq. ft. on the main floor - each unit has a 30x14 family room down (400 sq ft). Each unit has new decks off the dining area. Seller has installed block glass windows in basement, plus new bathroom windows. Both furnaces are about 10 years old, newer hot water heater, new kitchen sinks. Very generous master bedrooms, rent is at least $100 under the market but we do have long term tenants. New aluminum storm windows installed 4 years ago.

Last Agent to Sell the Property

Dwight Berens

RE/MAX of Grand Rapids (Stndl) License #6501095445 Listed on: 11/13/2014

RE/MAX of Grand Rapids (Stndl)

Co-Listed By

Heather Vanderveen

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

Last Buyer's Agent

John Cremer

Five Star Real Estate (Grandv) License #6502418398

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 82x130x89x135
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Mineral Rights Excluded

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $700
  • Maintenance Expense $700
  • Gross Income $16,200

Property Details

Home Type

Multi-Family

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: 82x130x89x135
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3129.0
  • Tax Info:Zoning3: 401
  • 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
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Mineral Rights:No: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 119900.0
  • 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

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11300.0
  • Zoning Description: 401
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 16200.0
  • Insurance Expense: 700.0
  • Maintenance Expense: 700.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3129.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2014
Closed on
Mar 27, 2015
Sold by
Noordyke Dale E
Bought by
Hovermale Chad
Seller's Agent
Dwight Berens
RE/MAX of Grand Rapids (Stndl)
Buyer's Agent
John Cremer
Five Star Real Estate (Grandv)
List Price
$119,900
Sold Price
$118,200
Premium/Discount to List
-$1,700
-1.42%
Current Estimated Value
$323,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,391
Avg. Annual Appreciation
9.99%
Original Mortgage
$82,740
Outstanding Balance
$63,672
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$259,919

Purchase Details

Closed on
Mar 11, 2004
Sold by
Westveld Bernard J and Westveld Bernie
Bought by
Noordyke Dale E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2003
Sold by
Westveld Lori Ann
Bought by
Westveld Bernie and Westveld Bernard
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
Hovermale Chad $118,200 Chicago Title
Noordyke Dale E $169,000 --
Westfield Bernie -- Fatic
Westveld Bernie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hovermale Chad $82,740
Previous Owner Noordyke Dale E $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2015 03/27/15 Sold $118,200 -1.4% --
11/21/2014 11/21/14 Pending -- -- --
11/13/2014 11/13/14 For Sale $119,900 -- --
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 $3,653 $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 $3,013 $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: 14062378

Southwestern Michigan Association of REALTORS®

APN: 41-18-15-426-005