NOT LISTED FOR SALE

3945 Camelot Dr SE Unit 3947 Grand Rapids, MI 49546

East Paris Neighborhood

Estimated Value: $411,000 - $502,569

-- Bed
5 Baths
-- Sq Ft
0.32 Acres

Last Sold April 29, 2015

Last sale price $140,000

Est. 212% increase in value since last sale

Current estimated payment $2,743/month

9 Days on Market

Highlights

  • Wooded Lot
  • 2 Car Garage
  • Wood Siding
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of April 2015

This property is an excellent investment opportunity. Both units have been leased for the past four years by the same tenants for $850 per month. Each unit offers a full basement, large living rooms and dining rooms, kitchens with ample storage, and there are built-ins in the basement family room offering great organization possibilities! The attached garage will also be a major benefit for renters.

Last Agent to Sell the Property

Aaron Metaj

Sterling Realty Services Inc.-I Listed on: 02/28/2015

Last Buyer's Agent

Eyddy Conde

Lake Michigan Realty Mgmt License #6501321722

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.32 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for 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
  • Year Built: 1971
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 80*175
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3525.0
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • List Price: 149000.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.32
  • Lot Size Area: 0.32
  • Lot Size Sq Ft: 13982.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3525.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2018
Sold by
Tramn My Uyen
Bought by
Tran Ben and Tran My Uyen
Current Estimated Value
$436,154

Purchase Details

Listed on
Feb 28, 2015
Closed on
Apr 6, 2015
Sold by
Valentino Michael and Valentino Veronica
Bought by
Tran My Uyen
Seller's Agent
Aaron Metaj
Sterling Realty Services Inc.-I
Buyer's Agent
Eyddy Conde
Lake Michigan Realty Mgmt
List Price
$149,000
Sold Price
$140,000
Premium/Discount to List
-$9,000
-6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%
Original Mortgage
$102,000
Outstanding Balance
$79,283
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$349,737

Purchase Details

Closed on
Nov 19, 2010
Sold by
Dh Properties Llc
Bought by
Valentino Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2002
Sold by
Zheng Xian M and Wei Hong
Bought by
Dh Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2000
Sold by
Zheng Knoll K
Bought by
Zheng and Zheng Wei

Purchase Details

Closed on
May 3, 1996
Sold by
Shahid Saless and Knoll Shahid
Bought by
Valentino Knoll and Valentino Michael C
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
Tran Ben -- None Available
Tran My Uyen $136,000 None Available
Valentino Michael C $142,500 Lighthouse Title Inc
Dh Properties Llc $175,000 Transnation Title Ins Co
Zheng $142,000 --
Valentino Knoll $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran My Uyen $102,000
Previous Owner Valentino Michael C $105,000
Previous Owner Dh Properties Llc $250,000
Previous Owner Dh Properties Llc $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2015 04/29/15 Sold $140,000 -6.0% --
03/09/2015 03/09/15 Pending -- -- --
02/28/2015 02/28/15 For Sale $149,000 -- --
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 $4,397 $203,200 $0 $0
2024 $4,397 $175,800 $0 $0
2023 $4,361 $152,100 $0 $0
2022 $4,145 $141,200 $0 $0
2021 $4,039 $117,100 $0 $0
2020 $3,904 $104,500 $0 $0
2019 $3,997 $93,700 $0 $0
2018 $3,875 $86,300 $0 $0
2017 $3,780 $71,000 $0 $0
2016 $3,798 $68,200 $0 $0
2015 $3,487 $68,200 $0 $0
2013 -- $70,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Aaron Metaj

    Sterling Realty Services Inc.-I

  • Eyddy Conde

    Buyer's Agent in 2015

    Eyddy Conde

    Lake Michigan Realty Mgmt

    (616) 304-5244

    125 Total Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15008125

Southwestern Michigan Association of REALTORS®

APN: 41-18-11-298-005

Michigan Kent County Grand Rapids 49546 East Paris

3945 Camelot Dr SE Unit 3947, Grand Rapids, MI

This home is located at 3945 Camelot Dr SE Unit 3947, Grand Rapids, MI 49546 since 28 February 2015 and is currently estimated at $444,892. This property was built in 1971. 3945 Camelot Dr SE Unit 3947 is a home located in Kent County with nearby schools including Sherwood Park Global Studies 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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