NOT LISTED FOR SALE

337 Eastern Ave SE Grand Rapids, MI 49503

East Hills Neighborhood

Estimated Value: $494,000 - $663,091

-- Bed
-- Bath
-- Sq Ft
7,748 Sq Ft Lot

Last Sold October 07, 2014

Last sale price $200,000

Est. 196% increase in value since last sale

Current estimated payment $3,732/month

24 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 5-minute walk to Cherry Park

About This Home

As of October 2014

Grand Rapids, MI Side by Side 2 unit. Fairmount Square Historic District. Each unit is 2 story, approximately 1500 sq ft with 3 bedrooms and 1 bath on the 2nd floor and spacious Living Room, Dining Room, Kitchen, and Laundry/Mud Room on the 1st floor. Full basement, 2 car garage, 52x149 lot. On Eastern just North of Wealthy This house is in excellent condition with superb woodwork. One unit has a new kitchen. All appliances remain: 2 each washer, dryer, range, and refrigerator. 24+ hour notice to show.

Last Agent to Sell the Property

Kay Courtney

Courtney, Kay License #6502130581 Listed on: 08/02/2014

Last Buyer's Agent

Kay Courtney

Courtney, Kay License #6502130581 Listed on: 08/02/2014

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,122

Year Built

  • Built in 1910

Lot Details

  • 7,748 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $20,400

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,122

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 225000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7748.0
  • Zoning Description: R-3

Rental Info

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

Multi Family

  • Gross Income: 20400.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 3122.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2014
Closed on
Oct 6, 2014
Sold by
Tompkins Stuart E
Bought by
Novak William
Seller's Agent
Kay Courtney
Courtney, Kay
Buyer's Agent
Kay Courtney
Courtney, Kay
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Current Estimated Value
$591,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,523
Avg. Annual Appreciation
10.72%
Original Mortgage
$160,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 1996
Sold by
Hubbard Hubbard G G and Hubbard Lipscomb A
Bought by
Tompkins Lipscomb A and Tompkins Stuart E

Purchase Details

Closed on
Feb 28, 1996
Sold by
Barnaby Barnaby R R and Barnaby Hubbard G
Bought by
Tompkins Hubbard G and Tompkins Stuart E

Purchase Details

Closed on
May 4, 1987
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
Novak William $200,000 None Available
Tompkins Lipscomb A $46,900 --
Tompkins Hubbard G $42,000 --
-- $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novak William $147,000
Closed Novak William $160,000
Previous Owner Tompkins Stuart E $19,000
Previous Owner Tompkins Stuart E $113,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2014 10/07/14 Sold $200,000 -11.1% --
08/26/2014 08/26/14 Pending -- -- --
08/02/2014 08/02/14 For Sale $225,000 -- --
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 $6,106 $322,200 $0 $0
2024 $6,106 $291,600 $0 $0
2023 $6,057 $237,100 $0 $0
2022 $5,536 $216,400 $0 $0
2021 $5,609 $204,800 $0 $0
2020 $4,361 $197,800 $0 $0
2019 $4,510 $168,100 $0 $0
2018 $4,365 $142,800 $0 $0
2017 $4,254 $105,900 $0 $0
2016 $4,288 $98,300 $0 $0
2015 $4,043 $98,300 $0 $0
2013 -- $75,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kay Courtney

    Courtney, Kay

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14044759

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-482-047

Michigan Kent County Grand Rapids 49503 East Hills

337 Eastern Ave SE, Grand Rapids, MI

This home is located at 337 Eastern Ave SE, Grand Rapids, MI 49503 since 02 August 2014 and is currently estimated at $591,523. This property was built in 1910. 337 Eastern 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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