NOT LISTED FOR SALE

410 Eureka Ave SE Grand Rapids, MI 49506

Baxter Neighborhood

Estimated Value: $214,000 - $370,000

-- Bed
-- Bath
-- Sq Ft
2,178 Sq Ft Lot

Last Sold May 27, 2016

Last sale price $160,000

Est. 79% increase in value since last sale

Current estimated payment $1,859/month

4 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • 5-minute walk to Joe Taylor Park

About This Home

As of May 2016

Don't miss out on this charming duplex located in one of the most popular areas in town. With sights of Electric Cheetah, Meanwhile bar, Brick road pizza & Sparrows coffee shop this duplex is a instant hit with renters. The property is being sold at a 9.5% cap rate and is turn key for investors. It features separate utilities and owner only pays for water. All other expenses paid for by tenant. Both units are in great condition making this a tough to find rental property. Home is located in Wealthy Historic district.- Downstairs rents for $900 per month Lease ends 2/29/17 - 2 bed 1 bath.
Upstairs rents for $675/month - Lease ends 5/31/17 - 2 bed - 1 bath. Shared washer/dryer in basement that is accessible by both tenants. Call to see today. Won't last long.

Last Agent to Sell the Property

Lindsay VanDuinen-Scully

Re/Max of Grand Rapids (Grandville) License #6501325437 Listed on: 04/25/2016

Re/Max of Grand Rapids (Grandville)

Co-Listed By

Michael Ledford

RE/MAX of Grand Rapids (FH) License #6501390899

Last Buyer's Agent

Ross Bacon

RE/MAX of Grand Rapids (FH) License #6501381489

RE/MAX of Grand Rapids (FH)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,448

Year Built

  • Built in 1932

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 50x50

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,383
  • Gross Income $18,900
  • Net Operating Income $14,517

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,448

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1932
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x50
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1448.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 154900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 50x50
  • Lot Size Sq Ft: 2178.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 18900.0
  • Net Operating Income: 14517.0
  • Number of Units Total: 2
  • Operating Expense: 4383.0

Tax Info

  • Tax Annual Amount: 1448.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2020
Sold by
Muscat Matthew and Muscat Stephanie
Bought by
Maltese Rentals Llc
Current Estimated Value
$286,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Outstanding Balance
$141,229
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$134,929

Purchase Details

Closed on
Apr 30, 2020
Sold by
Maltese Rentals Llc
Bought by
Muscat Matthew and Muscat Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Outstanding Balance
$141,229
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$134,929

Purchase Details

Closed on
Jan 16, 2020
Sold by
Matthew Muscat and Matthew Stephanie Muscat
Bought by
Maltese Rentals Llc

Purchase Details

Closed on
May 24, 2019
Sold by
Smith Erik and Smith Tina
Bought by
Muscat Matthew and Muscat Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2016
Closed on
May 27, 2016
Sold by
Jl Equity Group Llc
Bought by
Smith Erik and Smith Tina
Seller's Agent
Lindsay VanDuinen-Scully
Re/Max of Grand Rapids (Grandville)
Buyer's Agent
Ross Bacon
RE/MAX of Grand Rapids (FH)
List Price
$154,900
Sold Price
$160,000
Premium/Discount to List
$5,100
3.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$119,250
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 7, 2014
Sold by
Vanduinen Lindsay and Scully Jeremy
Bought by
Jl Equity Group Llc

Purchase Details

Closed on
Sep 6, 2013
Sold by
Brandwein Barry
Bought by
Vanduinen Lindsay and Scullu Jeremu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.33%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 29, 2006
Sold by
King Johnnie M and King Kimberly L
Bought by
Us Bank Na

Purchase Details

Closed on
Nov 22, 2005
Sold by
Mickens Samuel D and Cole Mickens Hellen M
Bought by
King Johnnie and King Kimberly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
8.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 15, 2004
Sold by
Tate Michael E and Tate Daphne R
Bought by
Mickens Samuel D and Cole Mickens Hellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 2000
Bought by
Tate Michael E and Vanduinen Lindsay Scully Jerem

Purchase Details

Closed on
Oct 21, 1999
Sold by
Burns Burns L L and Burns A
Bought by
Vanduinen Lindsay Scully Jeremy

Purchase Details

Closed on
Oct 15, 1996
Bought by
Burns Leo and Vanduinen Lindsay Scully Jerem

Purchase Details

Closed on
Aug 20, 1996
Bought by
Vanduinen Cross A and Vanduinen Lindsay Scully Jerem

Purchase Details

Closed on
Jun 26, 1996
Bought by
Vanduinen Equivest and Vanduinen Lindsay Scully Jerem

Purchase Details

Closed on
Apr 21, 1995
Bought by
Shreve Evelyn L Hart Cross Miles and Vanduinen Lindsay Scully Jerem
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
Maltese Rentals Llc -- Sun Title Agency Of Michigan
Muscat Matthew -- None Available
Maltese Rentals Llc -- None Available
Muscat Matthew $211,000 First American Title Ins Co
Smith Erik $160,000 Essential Title Agency Llc
Jl Equity Group Llc -- None Available
Vanduinen Lindsay $72,000 None Available
Us Bank Na $86,376 None Available
King Johnnie -- Metropolitan Title Company
Mickens Samuel D $72,000 Chicago Title
Tate Michael E $45,000 Chicago Title
Tate Michael E $45,000 --
Vanduinen Lindsay Scully Jeremy -- --
Burns Leo $16,000 --
Vanduinen Cross A -- --
Vanduinen Equivest -- --
Shreve Evelyn L Hart Cross Miles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maltese Rentals Llc $158,000
Previous Owner Muscat Matthew $158,250
Previous Owner Smith Erik $119,250
Previous Owner Vanduinen Lindsay $200,000
Previous Owner King Johnnie $82,500
Previous Owner Mickens Samuel D $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $160,000 +3.3% --
04/29/2016 04/29/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $154,900 -- --
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 $3,329 $96,300 $0 $0
2024 $3,329 $89,000 $0 $0
2023 $3,302 $78,800 $0 $0
2022 $3,139 $65,200 $0 $0
2021 $3,058 $58,600 $0 $0
2020 $2,532 $49,500 $0 $0
2019 $1,819 $40,700 $0 $0
2018 $1,763 $33,900 $0 $0
2017 $1,720 $28,500 $0 $0
2016 $1,347 $25,100 $0 $0
2015 $1,283 $25,100 $0 $0
2013 -- $26,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lindsay VanDuinen-Scully

    Seller's Agent in 2016

    Lindsay VanDuinen-Scully

    Re/Max of Grand Rapids (Grandville)

    (616) 957-0700

    424 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2016

    Michael Ledford

    RE/MAX Michigan

  • Ross Bacon

    Buyer's Agent in 2016

    Ross Bacon

    RE/MAX Michigan

    (616) 957-0700

    1 in this area

    128 Total Sales

    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16018582

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-102-014

Michigan Kent County Grand Rapids 49506 Baxter

410 Eureka Ave SE, Grand Rapids, MI

This home is located at 410 Eureka Ave SE, Grand Rapids, MI 49506 since 25 April 2016 and is currently estimated at $286,434. This property was built in 1932. 410 Eureka 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes