NOT LISTED FOR SALE

331 Crescent St NE Grand Rapids, MI 49503

Downtown Grand Rapids Neighborhood

Estimated Value: $368,866 - $535,000

-- Bed
-- Bath
-- Sq Ft
4,515 Sq Ft Lot

Last Sold July 31, 2012

Last sale price $125,000

Est. 253% increase in value since last sale

Current estimated payment $2,743/month

1 Day on Market

About This Home

As of July 2012

Seller has spent 100k in improvements since 1998. Hardwood floors except studio. 4 stoves, 4 refrigerators, 1 washer, 1 dryer included. 4 storage areas. Studio comes furnished. 3- 1 bedroom units and 1 studio. Note assessed value!

Last Agent to Sell the Property

Anthony Lewis

RE/MAX of G.R. Inc. (SE) - I Listed on: 05/16/2012

Last Buyer's Agent

Jason Carpenter

Bluhouse Properties LLC - I

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1875

Lot Details

  • 4,515 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1875
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding, Stucco
  • List Price: 129900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4515.0
  • Zoning Description: TN-LDR

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 3773.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2012
Closed on
Jul 31, 2012
Sold by
Terpstra Leon and Terpstra Pattricia
Bought by
Northstone Management Llc
Seller's Agent
Anthony Lewis
RE/MAX of G.R. Inc. (SE) - I
Buyer's Agent
Jason Carpenter
Bluhouse Properties LLC - I
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Current Estimated Value
$441,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,769
Avg. Annual Appreciation
9.42%
Original Mortgage
$100,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 12, 1998
Sold by
Sgwth Sgwth M M and Sgwth M
Bought by
Trpstr L and Northstone Management Llc

Purchase Details

Closed on
Jun 20, 1994
Sold by
Clay Clay M M and Clay Sigsworth M
Bought by
Northstone Management Llc

Purchase Details

Closed on
Apr 3, 1991
Sold by
Powell Powell E E and Powell Clay M
Bought by
Northstone Management Llc

Purchase Details

Closed on
Apr 2, 1991
Sold by
Hoeksema Hoeksema D D and Hoeksema Powell E
Bought by
Northstone Management Llc

Purchase Details

Closed on
Apr 1, 1991
Sold by
Roh Roh P P and Roh Hoeksema D
Bought by
Northstone 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
Northstone Management Llc $125,000 None Available
Trpstr L $103,000 --
Northstone Management Llc $85,500 --
Northstone Management Llc $78,000 --
Northstone Management Llc $60,000 --
Northstone Management Llc $36,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Northstone Management Llc $3,700,000
Closed Northstone Management Llc $83,174
Closed Northstone Management Llc $100,000
Previous Owner Terpstra Leon $114,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2012 07/31/12 Sold $125,000 -3.8% --
05/17/2012 05/17/12 Pending -- -- --
05/16/2012 05/16/12 For Sale $129,900 -- --
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 $4,032 $164,600 $0 $0
2024 $4,032 $151,600 $0 $0
2023 $3,854 $130,500 $0 $0
2022 $3,802 $117,500 $0 $0
2021 $3,704 $129,000 $0 $0
2020 $3,580 $113,800 $0 $0
2019 $3,666 $95,600 $0 $0
2018 $3,553 $104,700 $0 $0
2017 $3,466 $86,500 $0 $0
2016 $3,483 $74,200 $0 $0
2015 $3,319 $74,200 $0 $0
2013 -- $66,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Anthony Lewis

    RE/MAX of G.R. Inc. (SE) - I

  • J

    Buyer's Agent in 2012

    Jason Carpenter

    Bluhouse Properties LLC - I

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12027317

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-127-017

Michigan Kent County Grand Rapids 49503 Downtown Grand Rapids

331 Crescent St NE, Grand Rapids, MI

This home is located at 331 Crescent St NE, Grand Rapids, MI 49503 since 16 May 2012 and is currently estimated at $442,467. This property was built in 1875. 331 Crescent St NE is a home located in Kent County with nearby schools including Grand Rapids Montessori 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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