NOT LISTED FOR SALE

33614 Grand River Ave Farmington, MI 48335

Estimated Value: $346,000 - $461,000

6 Beds
4.5 Baths
1,758 Sq Ft
$234/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $285,000 $162 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,853/month

418 Days on Market

Highlights

  • Covered Patio or Porch
  • Baseboard Heating
  • High Speed Internet
  • Longacre Elementary School Rated A-
  • Laundry Facilities
  • Fenced

About This Home

As of May 2017

Back on the market with $50,000 of improvements. New kitchens, bathrooms, flooring, paint, electrical - such a transformation~! Take advantage of this opportunity to own this 3 unit investment property steps to downtown Farmington! Live in one of the units and rent the others. The very first house west of town on Grand River avenue, this property consists of a 3 bedroom, 2–1/2 bath classic victorian with a Grand River address, PLUS a duplex directly behind the main home, consisting of one 1 bedroom, and one 2 bedroom. Main home has a new kitchen, new bathrooms, refinished hardwood floors, fresh paint, updated electrical, and so much more. The 2 bedroom in the duplex has a new kitchen, all fresh paint and hardware, and private off-street parking. Own a piece of Farmington History! Rent in duplex includes gas, water, and lawn. Subject to release of prior purchase agreement.

Last Agent to Sell the Property

Tim Gilson

Good Company License #6501301644 Listed on: 02/02/2016

Good Company

Last Buyer's Agent

Jim Shaffer

Good Company License #RCO-6502380733

Good Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1901 | Remodeled in 1969

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 66x174.34
  • Fenced

Parking

  • Assigned Parking

Home Design

  • Block Foundation
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,758 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Natural Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 2328230005
  • $3,000 Seller Concession

Community Details

Overview

  • 3 Units
  • Assr's Plat No 7 City Of Farmington Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,345

Year Built

Built in 1901 | Remodeled in 1969

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Assessment: 105.31
  • Year Built: 1901
  • Year Renovated: 1969
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, Laundry Facility
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement Type: Unfinished
  • Sq Ft Combined: 1758
  • Total Sq Ft: 1758

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl, Michigan Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block, Stone
  • Frontage Feet: 70
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas, Separate Meters
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Farmington

Lot Info

  • List Price per Acre: 1150000.0000
  • Lot Size Area: 0.26
  • Lot Dimensions: 66X174.34
  • Parcel Number: 2328230005
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 3150

Tax Info

  • Tax Amount Summer: 4048.0000
  • Tax Amount Winter: 1297.0000
  • Total Tax: 5345.0000

Multi Family

  • Gross Scheduled Income: 37800.00
  • Number Of Units Total: 3
  • Number of One Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 3

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2016
Closed on
May 31, 2017
Sold by
Jeanne Gonyer Properties Iii Llc
Bought by
Mattison Jason R
Seller's Agent
Tim Gilson
Good Company
Buyer's Agent
Jim Shaffer
Good Company
List Price
$315,000
Sold Price
$285,000
Premium/Discount to List
-$30,000
-9.52%
Current Estimated Value
$410,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,884
Avg. Annual Appreciation
4.54%

Purchase Details

Closed on
Mar 14, 2013
Sold by
Baldwin Jeanne Gonyer
Bought by
Jean Gonyer Properties Iii Llc

Purchase Details

Closed on
Jul 5, 2012
Sold by
Jeanne Gonyer Properties Iii Llc
Bought by
Baldwin Jeanne A and Gonyer Jeanne A

Purchase Details

Closed on
Oct 11, 2005
Sold by
Gonyer Jeanne
Bought by
Jeanne Gonyer Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 26, 2005
Sold by
Hometown Select Properties Llc
Bought by
Gonyer Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 15, 2001
Sold by
Gilson Kern W
Bought by
Hometown Select Properties

Purchase Details

Closed on
Jun 6, 2001
Sold by
Urcheck Aggie
Bought by
Gilson Kern W

Purchase Details

Closed on
Mar 1, 1999
Sold by
Freeman David G
Bought by
Urcheck Aggie

Purchase Details

Closed on
May 21, 1998
Sold by
Tirakian Mary
Bought by
Freeman David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
7.22%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mattison Jason R $285,000 None Available
Jean Gonyer Properties Iii Llc -- None Available
Baldwin Jeanne A -- None Available
Jeanne Gonyer Properties Iii Llc -- None Available
Gonyer Jeanne $340,000 --
Hometown Select Properties -- --
Gilson Kern W $285,000 --
Urcheck Aggie -- --
Freeman David $203,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonyer Jeanne $272,000
Previous Owner Freeman David $163,000
Closed Gilson Kern W --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $285,000 +17712.5% $162 / Sq Ft
03/26/2017 03/26/17 Pending -- -- --
12/30/2016 12/30/16 Rented $1,600 0.0% --
12/06/2016 12/06/16 Under Contract -- -- --
11/30/2016 11/30/16 For Rent $1,600 0.0% --
02/02/2016 02/02/16 For Sale $315,000 -- $179 / Sq Ft
Source: Realcomp

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
2024 $7,365 $185,360 $0 $0
2023 $7,025 $176,960 $0 $0
2022 $8,735 $169,190 $0 $0
2021 $8,492 $160,260 $0 $0
2020 $6,432 $151,660 $0 $0
2019 $8,252 $145,100 $0 $0
2017 $6,064 $166,540 $0 $0
2016 $0 $152,510 $0 $0
2015 -- $127,060 $0 $0
2014 -- $112,560 $0 $0
2011 -- $88,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 216019860

Realcomp

APN: 23-28-230-005