NOT LISTED FOR SALE

324 Hollister Ave SE Grand Rapids, MI 49506

East Hills Neighborhood

Estimated Value: $394,000 - $477,000

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold July 21, 2022

Last sale price $372,000

Est. 15% increase in value since last sale

Current estimated payment $2,971/month

6 Days on Market

About This Home

As of July 2022

Historic two unit residence in the heart of the Fairmount Square Historic District neighborhood. Both units are currently occupied and bring in great cash flow, with below market rents providing the opportunity to increase cash flow. Gas and electric are split. The property includes a newer roof, both furnaces, and water heater all replaced within the last 5 years. Basement includes a coin operated laundry for both units to share as well as additional cash flow. The property is certified through February 2023. Showings will be held only during the open house on Tuesday,5/3, from 5pm- 6pm. Seller has directed agent to hold all offers until Thursday, 5/5/22 by 1pm.

Last Agent to Sell the Property

Gabrielle Kik

United Realty Services LLC License #6501433049 Listed on: 04/29/2022

Last Buyer's Agent

Stacey Tilley

The Local Element License #6501421957

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,725

Year Built

  • Built in 1890

Lot Details

  • 4,792

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected

Additional Features

  • Michigan Basement
  • 4,792 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,725

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 375000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4792.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 5725.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2025
Sold by
Familia Diana
Bought by
Farod Llc and Familia
Total Days on Market
6
Current Estimated Value
$428,198

Purchase Details

Listed on
Apr 29, 2022
Closed on
Aug 1, 2022
Sold by
Grb Properties Llc
Bought by
Familia Diana
Seller's Agent
Gabrielle Kik
United Realty Services LLC
Buyer's Agent
Stacey Tilley
The Local Element
List Price
$375,000
Sold Price
$372,000
Premium/Discount to List
-$3,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.24%

Purchase Details

Closed on
Mar 7, 2017
Sold by
Duprey Property Management Llc
Bought by
Grb Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,239
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 2010
Sold by
Duprey Jeremy
Bought by
Duprey Property Management Llc

Purchase Details

Closed on
Nov 14, 2008
Sold by
Knauf Andrew T
Bought by
Duprey Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,805
Interest Rate
5.95%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Knauf Andrew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,440
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2008
Sold by
Wells Fargo Bank Na
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Home Equity Loan Trust 20

Purchase Details

Closed on
Sep 14, 2006
Sold by
Wells Fargo Bank Na
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Mortgage Pass Through Cer

Purchase Details

Closed on
Sep 6, 2006
Sold by
Lake Gilmer
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 30, 2005
Sold by
Daniels Chasity and Mcelwee Chad
Bought by
Lake Gilmer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
8.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 1, 2005
Sold by
Daniels Chasity and Mcelwee Chad
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital I Inc Trust 2

Purchase Details

Closed on
Aug 30, 2002
Sold by
Mcelwee Alan and Sprague Ruth
Bought by
Mcelwee Chad and Daniels Chasity

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
9.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 1998
Sold by
Erdmans Erdmans L L and Erdmans W
Bought by
Mcelwe C and Duprey Property Management Llc

Purchase Details

Closed on
Jan 27, 1998
Sold by
Hubbrd Hubbrd G G and Hubbrd Eerdmns L
Bought by
Eerdmns L and Duprey Property Management Llc

Purchase Details

Closed on
Nov 5, 1996
Sold by
Eedmans Eedmans J J and Eedmans Hubbard G
Bought by
Hubbard G and Duprey Property Management Llc

Purchase Details

Closed on
Jun 20, 1996
Sold by
Pekelder Pekelder P P and Eerdmans Pekelder
Bought by
Eerdmans and Duprey Property Management Llc

Purchase Details

Closed on
Apr 23, 1996
Sold by
Eerdmans Eerdmans L L and Eerdmans Pekelder
Bought by
Pekelder and Duprey Property Management Llc

Purchase Details

Closed on
Nov 6, 1995
Sold by
Milton Milton V V and Milton Eerdmans L
Bought by
Duprey Property Management Llc

Purchase Details

Closed on
Jul 5, 1994
Sold by
Eerdmanns Eerdmanns L L and Eerdmanns Milton V
Bought by
Duprey Property Management Llc

Purchase Details

Closed on
Jul 1, 1994
Sold by
Vines Vines H H and Vines Eerdmans L
Bought by
Duprey Property Management Llc
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
Farod Llc -- None Listed On Document
Familia Diana $372,000 None Listed On Document
Grb Properties Llc -- None Available
Duprey Property Management Llc -- None Available
Duprey Jeremy $122,400 Chicago Title
Knauf Andrew T $64,300 Rels Title
Deutsche Bank National Trust Co -- Rels Title
Deutsche Bank National Trust Co -- None Available
Wells Fargo Bank Na $112,302 None Available
Lake Gilmer $132,000 --
Deutsche Bank National Trust Co $106,562 --
Mcelwee Chad $115,000 --
Mcelwe C $17,000 --
Eerdmns L -- --
Hubbard G $15,000 --
Eerdmans -- --
Pekelder $20,000 --
Duprey Property Management Llc -- --
Duprey Property Management Llc $22,300 --
Duprey Property Management Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grb Properties Llc $1,015,000
Previous Owner Grb Properties Llc $935,000
Previous Owner Grb Properties Llc $119,239
Previous Owner Duprey Property Management Llc $121,500
Previous Owner Duprey Jeremy $11,300
Previous Owner Duprey Jeremy $120,805
Previous Owner Knauf Andrew T $16,000
Previous Owner Knauf Andrew T $51,440
Previous Owner Lake Gilmer $105,600
Previous Owner Mcelwee Chad $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2022 07/21/22 Sold $372,000 -0.8% --
05/05/2022 05/05/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $375,000 -- --
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 $8,271 $209,400 $0 $0
2024 $8,271 $187,800 $0 $0
2023 $8,126 $157,900 $0 $0
2022 $5,758 $143,700 $0 $0
2021 $5,610 $135,600 $0 $0
2020 $5,422 $128,600 $0 $0
2019 $5,552 $113,600 $0 $0
2018 $5,382 $101,600 $0 $0
2017 $3,169 $75,500 $0 $0
2016 $3,185 $69,700 $0 $0
2015 $3,034 $69,700 $0 $0
2013 -- $57,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gabrielle Kik

    United Realty Services LLC

    Section Image

  • S

    Buyer's Agent in 2022

    Stacey Tilley

    The Local Element

    (616) 406-9903

    7 in this area

    19 Total Sales

    Stacey Tilley
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22015348

Southwestern Michigan Association of REALTORS®

APN: 41-14-29-357-006

Michigan Kent County Grand Rapids 49506 East Hills

324 Hollister Ave SE, Grand Rapids, MI

This home is located at 324 Hollister Ave SE, Grand Rapids, MI 49506 since 29 April 2022 and is currently estimated at $428,198. This property was built in 1890. 324 Hollister Ave SE is a home located in Kent County with nearby schools including Martin Luther King Leadership Academy, Alger Middle School, and Ottawa Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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