NOT LISTED FOR SALE

Estimated Value: $619,000 - $709,000

-- Bed
-- Bath
-- Sq Ft
4,312 Sq Ft Lot

Last Sold November 30, 2021

Last sale price $540,000

Est. 21% increase in value since last sale

Current estimated payment $4,140/month

225 Days on Market

Highlights

  • Central Air
  • Wood Siding
  • 1-minute walk to Foster Park
  • Heating System Uses Steam

About This Home

As of November 2021

Welcome to an excellent owner occupied rental in the HERITAGE HILL HISTORIC Homes district. 326 Cherry was once owned by Samuel H Peck, the proprietor of the historic Cody Hotel in Grand Rapids. Meticulously cared for and maintained. The main unit features original light fixtures, trim, molding, hardwood floors and pocket doors. The stained glass woindow, butternut wood and leather wall covering the dining room, tin ceiling in the kitchen and decorative tile makes this a uniques masterpiece.

Last Agent to Sell the Property

Larry Branscombe

Keller Williams Realty Rivertown License #6502381307 Listed on: 05/26/2021

Keller Williams Realty Rivertown

Last Buyer's Agent

Larry Branscombe

Keller Williams Realty Rivertown License #6502381307 Listed on: 05/26/2021

Keller Williams Realty Rivertown

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,229

Year Built

  • Built in 1895

Lot Details

  • 4,312 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Central Air
  • Heating System Uses Steam
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,229

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 575000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Steam
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4312.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 8229.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Nov 30, 2021
Sold by
326 Cherry Street Llc
Bought by
Plouff Benjamin
Seller's Agent
Larry Branscombe
Keller Williams Realty Rivertown
Buyer's Agent
Larry Branscombe
Keller Williams Realty Rivertown
Sold Price
$540,000
Current Estimated Value
$650,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,973
Avg. Annual Appreciation
5.22%
Original Mortgage
$432,000
Outstanding Balance
$398,038
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$256,472

Purchase Details

Closed on
Nov 2, 2011
Sold by
Bruursema William D and Bruursema Theresa L
Bought by
Bruursema William D and Bruursema Theresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,689
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2003
Sold by
Bruursema William D
Bought by
Bruursema William D and Bruursema Logan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 1988

Purchase Details

Closed on
Dec 14, 1988
Bought by
Bruursema William D Theresa L
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
Plouff Benjamin $540,000 New Title Company Name
Bruursema William D -- First American Title Ins Co
Bruursema William D -- --
-- $38,000 --
Bruursema William D Theresa L $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plouff Benjamin $432,000
Previous Owner 900 Cherry Street Llc $890,000
Previous Owner Bruursema William D $127,000
Previous Owner Bruursema William D $133,689
Previous Owner Bruursema William D $143,300
Previous Owner Bruursema William D $50,000
Previous Owner Bruursema William D $90,000
Previous Owner Bruursema William D $40,000
Previous Owner Bruursema William D $149,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 For Rent $1,700 0.0% --
11/30/2021 11/30/21 Sold $540,000 -13.6% --
10/05/2021 10/05/21 Pending -- -- --
05/26/2021 05/26/21 For Sale -- -- --
04/23/2021 04/23/21 Off Market $625,000 -- --
02/22/2021 02/22/21 For Sale $649,900 -- --
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 $7,435 $267,100 $0 $0
2024 $7,435 $256,700 $0 $0
2023 $7,496 $225,800 $0 $0
2022 $7,119 $190,800 $0 $0
2021 $6,950 $188,800 $0 $0
2020 $7,425 $173,500 $0 $0
2019 $6,579 $149,200 $0 $0
2018 $6,579 $124,200 $0 $0
2017 $3,538 $113,600 $0 $0
2016 $3,574 $98,500 $0 $0
2015 $3,348 $98,500 $0 $0
2013 -- $89,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21005222

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-377-005