NOT LISTED FOR SALE

3271 Coit Ave NE Grand Rapids, MI 49525

Northview Neighborhood

Estimated Value: $347,000 - $414,000

-- Bed
-- Bath
-- Sq Ft
8,890 Sq Ft Lot

Last Sold October 13, 2023

Last sale price $350,000

Est. 8% increase in value since last sale

Current estimated payment $2,412/month

12 Days on Market

Highlights

  • Wooded Lot
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • 1 Fireplace

About This Home

As of October 2023

Classic Craftsman Style Up/Down duplex on the NE side of Grand Rapids. This desirable duplex boasts 2 identical floor plans for both units. Each unit offers 2 bedrooms, a full bath, a dining room, and laundry hookups in each unit. The detached two-stall garage and ample parking space allow tenants or owners, plenty of space to park their cars or store belongings. Private backyard with sitting area for all to enjoy. This would make a great owner-occupant or income property.

Last Agent to Sell the Property

Chris Petter

Revive Realty License #6504395407 Listed on: 09/06/2023

Co-Listed By

Tara Heerspink

Revive Realty License #6501383037

Last Buyer's Agent

Steven Fahlen

Five Star Real Estate (Main) License #6501393151

Five Star Real Estate (Main)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,837

Year Built

  • Built in 1900

Lot Details

  • 8,890 Sq Ft Lot
  • Wooded Lot

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 5 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for electricity, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,837

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 70*127
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3837.0
  • Tax Info:Zoning3: RES Multifamily
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • 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
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 350000.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Storm Sewer Available, Broadband Available, Natural Gas Connected, Electric Connected, Cable Connected
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 70*127
  • Lot Size Sq Ft: 8890.0
  • Zoning Description: RES Multifamily
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3837.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 11, 2023
Sold by
Inhabit Upper East Llc
Bought by
King Alex A and Majerle Sara
Seller's Agent
Chris Petter
Revive Realty
Buyer's Agent
Steven Fahlen
Five Star Real Estate (Main)
List Price
$350,000
Sold Price
$350,000
Views
16
Current Estimated Value
$376,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,715
Avg. Annual Appreciation
3.80%
Original Mortgage
$280,000
Outstanding Balance
$274,556
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$102,159

Purchase Details

Listed on
Feb 9, 2018
Closed on
Apr 4, 2018
Sold by
3271 Coit Avenue Ne Llc
Bought by
Inhanit Uper East Llc
Seller's Agent
Michael May
Grand Moves Realty
Buyer's Agent
Chris Petter
Revive Realty
List Price
$195,500
Sold Price
$185,500
Premium/Discount to List
-$10,000
-5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.17%
Original Mortgage
$140,800
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 9, 2018
Closed on
Mar 30, 2018
Sold by
Fridsma David
Bought by
3271 Coit Ave Ne Llc
Seller's Agent
Michael May
Grand Moves Realty
Buyer's Agent
Chris Petter
Revive Realty
List Price
$195,500
Sold Price
$185,500
Premium/Discount to List
-$10,000
-5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2015
Sold by
Saigal Romesh and Saigal Veena
Bought by
3271 Coit Avenue Ne Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2015
Sold by
The Estate Of James A Mikrut
Bought by
Saigal Ashima and Fridsma David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2003
Sold by
Alice Kaboos Trust #1
Bought by
Mikrut James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
5.94%
Mortgage Type
Commercial
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
King Alex A $350,000 Chicago Title
Inhanit Uper East Llc $185,500 None Available
3271 Coit Ave Ne Llc -- None Available
3271 Coit Avenue Ne Llc -- Attorney
Saigal Ashima $148,000 Title Resource Agency
Mikrut James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Alex A $280,000
Previous Owner Inhanit Uper East Llc $140,800
Previous Owner 3271 Coit Ave Ne Llc $140,800
Previous Owner Saigal Ashima $111,000
Previous Owner Mikrut James $103,600
Closed Mikrut James $19,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $350,000 0.0% --
09/18/2023 09/18/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $350,000 +88.7% --
04/03/2018 04/03/18 Sold $185,500 -5.1% --
02/09/2018 02/09/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $195,500 -- --
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 $4,982 $139,300 $0 $0
2024 $4,982 $122,100 $0 $0
2023 $3,837 $104,400 $0 $0
2022 $3,647 $92,400 $0 $0
2021 $3,554 $83,600 $0 $0
2020 $3,435 $77,300 $0 $0
2019 $3,517 $65,900 $0 $0
2018 $2,352 $53,600 $0 $0
2017 $2,294 $43,100 $0 $0
2016 $2,306 $39,500 $0 $0
2015 $1,953 $39,500 $0 $0
2013 -- $41,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Chris Petter

    Revive Realty

    (616) 366-2023

    1 in this area

    13 Total Sales

    Chris Petter
    Section Image

  • T

    Seller Co-Listing Agent in 2023

    Tara Heerspink

    Revive Realty

    (616) 366-2023

    5 in this area

    52 Total Sales

    Tara Heerspink
    Section Image

  • S

    Buyer's Agent in 2023

    Steven Fahlen

    Five Star Real Estate (Main)

    (231) 519-0647

    5 in this area

    105 Total Sales

    Steven Fahlen
    Section Image
  • Jeff Blahnik

    Buyer Co-Listing Agent in 2023

    Jeff Blahnik

    Five Star Real Estate (Main)

    (616) 292-3725

    6 in this area

    231 Total Sales

    Jeff Blahnik
    Section Image
  • Michael May

    Seller's Agent in 2018

    Michael May

    Grand Moves Realty

    (616) 581-8086

    18 Total Sales

    Michael May
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23062654

Southwestern Michigan Association of REALTORS®

APN: 41-14-06-255-009

Michigan Kent County Grand Rapids 49525 Northview

3271 Coit Ave NE, Grand Rapids, MI

This home is located at 3271 Coit Ave NE, Grand Rapids, MI 49525 since 06 September 2023 and is currently estimated at $376,715. This property was built in 1900. 3271 Coit Ave NE is a home located in Kent County with nearby schools including North Park Montessori Academy, Riverside Middle School, and Union 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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