NOT LISTED FOR SALE

3229 Marshall Ave SE Grand Rapids, MI 49508

Ken-O-Sha Park Neighborhood

Estimated Value: $357,000 - $455,864

7 Beds
4 Baths
-- Sq Ft
10,280 Sq Ft Lot

Last Sold May 13, 2014

Last sale price $107,000

Est. 295% increase in value since last sale

Current estimated payment $2,632/month

43 Days on Market

About This Home

As of May 2014

Scheduling showings now for Saturday Feb. 15th from 11AM to 3PM.Investment opportunity! Conveniently located to Expressway & Grand Rapids, Low maintenance brick 2-story offering 4 Apartments, including 3 units with 2 bedroom, & one single bedroom. Comfortable apartments with kitchen, appliances included, dining area, living room, full bathroom & bedrooms. 4-stall enclosed carport. Instant cash flow with a host of updates including: new paint, floor coverings, & professional landscaping.. High demand units, low vacancy with a waiting list for applicants.. Turn key investment with a quick return!! Owner is selling 3 buildings in a row, 12 total units for sale!

Last Agent to Sell the Property

Steve Spriensma

Five Star Real Estate (Grandv) License #6502403827 Listed on: 02/06/2014

Five Star Real Estate (Grandv)

Last Buyer's Agent

Steve Spriensma

Five Star Real Estate (Grandv) License #6502403827 Listed on: 02/06/2014

Five Star Real Estate (Grandv)

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1964

Lot Details

  • 10,280

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • Hot Water Heating System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Natural lighting in basement
  • 10,280 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight

Exterior Features

  • Construction Materials: Brick
  • List Price: 119900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Hot Water
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer, Cable Connected

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10280.0
  • Zoning Description: R - 3

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 3161.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2019
Sold by
Jg & Jg Ventures Llc
Bought by
Gravelyn Gerard J and Gravelyn Tamara A
Current Estimated Value
$422,966

Purchase Details

Listed on
Feb 6, 2014
Closed on
May 16, 2014
Sold by
Gravelyn Gerard J and Gravelyn Tamara A
Bought by
Jg & Jg Ventures Llc
Seller's Agent
Steve Spriensma
Five Star Real Estate (Grandv)
Buyer's Agent
Steve Spriensma
Five Star Real Estate (Grandv)
List Price
$119,900
Sold Price
$107,000
Premium/Discount to List
-$12,900
-10.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.73%
Original Mortgage
$80,250
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 6, 2014
Closed on
May 12, 2014
Sold by
Pdj Llc
Bought by
Gravelyn Gerard J
Seller's Agent
Steve Spriensma
Five Star Real Estate (Grandv)
Buyer's Agent
Steve Spriensma
Five Star Real Estate (Grandv)
List Price
$119,900
Sold Price
$107,000
Premium/Discount to List
-$12,900
-10.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,250
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2010
Sold by
Schaaf Thomas Vander
Bought by
Pdj Llc

Purchase Details

Closed on
Jul 15, 2009
Sold by
Taylor Eric
Bought by
Us Bank National Association

Purchase Details

Closed on
Oct 9, 1998
Sold by
Hikade Hikade W W
Bought by
Taylor E and Pdj Llc

Purchase Details

Closed on
Nov 10, 1989

Purchase Details

Closed on
Dec 1, 1986
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
Gravelyn Gerard J -- None Available
Jg & Jg Ventures Llc -- None Available
Gravelyn Gerard J $107,000 None Available
Pdj Llc -- None Available
Us Bank National Association $94,900 None Available
Taylor E $119,000 --
-- $129,900 --
-- $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gravelyn Gerard J $80,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2014 05/13/14 Sold $107,000 -10.8% --
03/21/2014 03/21/14 Pending -- -- --
02/06/2014 02/06/14 For Sale $119,900 -- --
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 $5,017 $210,600 $0 $0
2024 $5,017 $147,400 $0 $0
2023 $4,976 $147,400 $0 $0
2022 $4,725 $128,500 $0 $0
2021 $4,608 $88,300 $0 $0
2020 $4,516 $88,300 $0 $0
2019 $3,071 $72,500 $0 $0
2018 $3,071 $69,200 $0 $0
2017 $2,995 $58,700 $0 $0
2016 $3,010 $56,100 $0 $0
2015 $2,868 $56,100 $0 $0
2013 -- $66,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Spriensma

    Seller's Agent in 2014

    Steve Spriensma

    Five Star Real Estate (Grandv)

    (616) 890-6716

    122 Total Sales

    Steve Spriensma
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Map

Source: MichRIC

MLS Number: 14006001

MichRIC

APN: 41-18-17-301-008

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

3229 Marshall Ave SE, Grand Rapids, MI

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