NOT LISTED FOR SALE

3689 Ivanrest Ave SW Grandville, MI 49418

Estimated Value: $407,000 - $456,000

5 Beds
3 Baths
-- Sq Ft
0.31 Acres

Last Sold January 19, 2024

Last sale price $370,000

Est. 16% increase in value since last sale

Current estimated payment $3,185/month

45 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot: Yes
  • Forced Air Heating and Cooling System
  • Grandville South Elementary School Rated A

About This Home

As of January 2024

RARE Duplex located in the City of Grandville across the street from Calvin Christian High School!

Unit 1 (Left Side) is vacant and consists of 2 bedrooms, 1 bathroom, living room, kitchen/eating area, full basement with laundry, storage, future family room and future 3rd bedroom. 1 Stall garage goes with this unit.

Unit 2 (Right Side) is occupied with a month to month Tenant at $1,250 per month. It is a 3 bedroom, 1 bathroom, living room, kitchen, dining area, full basement with future living room and den in basement. 2 Stall garage and has a fenced backyard area.

There is a lot of potential in the property and ready for an owner-user or owner-investor.

Last Agent to Sell the Property

Andy Richter

Richter Company License #6502433113 Listed on: 11/03/2023

Last Buyer's Agent

Erin Duffy Rauch

Lighthouse Property Management License #6501413233

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 105x130
  • Corner Lot: Yes
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Washer and Gas Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, trash collection, gas
  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1971
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 105x130
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 10019.8
  • Tax Info:Zoning3: R1-A
  • General Property Info:Total _pound_ Units: 2
  • 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
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Utilities Attached:Telephone Line: Yes
  • Extras:Sep Gas Meter: Yes
  • Laundry Features In Basement: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • List Price: 374900.0
  • Lot Features: Level, Sidewalk, Corner Lot
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Gas Dryer Hookup, In Basement, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Dimensions: 105x130
  • Lot Size Sq Ft: 13634.0
  • Zoning Description: R1-A
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electric, Trash Collection, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 10019.8
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Jan 19, 2024
Sold by
Sneller Daniel
Bought by
Dbs Real Estate Llc
Seller's Agent
Andy Richter
Richter Company
Buyer's Agent
Erin Duffy Rauch
Lighthouse Property Management
List Price
$399,900
Sold Price
$370,000
Premium/Discount to List
-$29,900
-7.48%
Views
38
Current Estimated Value
$428,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,293
Avg. Annual Appreciation
8.07%
Original Mortgage
$277,500
Outstanding Balance
$273,221
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$146,029

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 16, 2021
Sold by
Becker Gary L and Morgan Becker Bonnie
Bought by
Wehman Brandon
Seller's Agent
Justin Tibble
REOZOM REAL ESTATE SERV
Buyer's Agent
Joe Long
Richter Company
List Price
$339,995
Sold Price
$335,000
Premium/Discount to List
-$4,995
-1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%
Original Mortgage
$251,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2015
Sold by
Becker Gary L and Morgan Becker Bonnie C
Bought by
Becker Living Trust
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
Dbs Real Estate Llc -- None Listed On Document
Snelier Dan $370,000 None Listed On Document
Wehman Brandon $335,000 None Available
Becker Living Trust -- Attorney
Becker Gary L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snelier Dan $277,500
Previous Owner Wehman Brandon $251,250
Previous Owner Wehman Brandon $251,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $370,000 -1.3% --
12/18/2023 12/18/23 Pending -- -- --
11/28/2023 11/28/23 Price Changed $374,900 -6.3% --
11/03/2023 11/03/23 For Sale $399,900 +19.4% --
08/16/2021 08/16/21 Sold $335,000 -1.5% --
06/15/2021 06/15/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $339,995 -- --
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 $10,217 $210,300 $0 $0
2024 $10,217 $193,700 $0 $0
2023 $9,486 $179,100 $0 $0
2022 $9,375 $165,200 $0 $0
2021 $4,340 $149,400 $0 $0
2020 $4,291 $135,200 $0 $0
2019 $3,939 $108,800 $0 $0
2018 $4,193 $97,500 $0 $0
2017 $4,036 $85,500 $0 $0
2016 $3,939 $79,600 $0 $0
2015 -- $79,600 $0 $0
2013 -- $69,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23140934

Southwestern Michigan Association of REALTORS®

APN: 41-17-20-229-017