NOT LISTED FOR SALE

4145 Oak Park Dr SE Grand Rapids, MI 49508

Ken-O-Sha Park Neighborhood

Estimated Value: $372,000 - $512,000

-- Bed
-- Bath
-- Sq Ft
0.28 Acres

Last Sold February 25, 2015

Last sale price $131,000

Est. 231% increase in value since last sale

Current estimated payment $2,709/month

70 Days on Market

Highlights

  • Window Unit Cooling System
  • Hot Water Heating System
  • Laundry Facilities
  • East Kentwood High School Rated A-

About This Home

As of February 2015

Maintenance-free exterior brick 4 unit, all 2 bed, 1 bath units. Property has been nicely maintained and has certificate of compliance from the city of Grand Rapids. Building is fully rented with monthly rents collected of $2505. There are 4 carports along with 3 additional parking spots. Dumpster is shared expense with neighboring building, along with snow removal cost of $180 year as it is shared with both neighboring buildings. All window air conditioning units are new within last 4 years. This has been a good property for the owner, he is selling because he is ready to retire!

Last Agent to Sell the Property

Tom Dann

Value Point Real Estate License #6502327633 Listed on: 09/23/2014

Last Buyer's Agent

John Ruggles

Five Star Real Estate (Casc) - I

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 80x150

Home Design

  • Brick Exterior Construction
  • Composition Roof

Basement

  • Natural lighting in basement

Parking

  • 7 Parking Spaces
  • Carport

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Hot Water Heating System
  • Cable TV Available

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1968
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 80x150
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 3438.0
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Hot Water: Yes
  • Substructure:Daylight: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight

Exterior Features

  • Construction Materials: Brick
  • List Price: 144900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 7.0
  • General Property Info:Total Parking Spaces: 7.0
  • Extras:Carports: Yes

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Hot Water, Natural Gas
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Sq Ft: 12197.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3438.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2015
Sold by
Arafat Fabd
Bought by
Bosch Peter D
Current Estimated Value
$433,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$94,999
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$284,315

Purchase Details

Listed on
Sep 23, 2014
Closed on
Feb 25, 2015
Sold by
Dgr Properties Llc
Bought by
Arafat Fahd
Seller's Agent
Tom Dann
Value Point Real Estate
Buyer's Agent
John Ruggles
Five Star Real Estate (Casc) - I
List Price
$164,900
Sold Price
$131,000
Premium/Discount to List
-$33,900
-20.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%

Purchase Details

Closed on
May 4, 2009
Sold by
Genevieve K Riekena Trust
Bought by
Dgr Properties Llc

Purchase Details

Closed on
Feb 2, 1998

Purchase Details

Closed on
Mar 5, 1992
Sold by
Muller Muller J J and Muller Riekena E
Bought by
Dgr Properties Llc
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
Bosch Peter D $120,000 None Available
Arafat Fahd $131,000 Attorney
Arafat Fahd -- None Available
Dgr Properties Llc -- None Available
-- -- --
Dgr Properties Llc $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bosch Peter D $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2015 02/25/15 Sold $131,000 -20.6% --
12/02/2014 12/02/14 Pending -- -- --
09/23/2014 09/23/14 For Sale $164,900 -- --
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 $4,228 $228,200 $0 $0
2024 $4,228 $166,100 $0 $0
2023 $4,190 $166,100 $0 $0
2022 $3,982 $144,800 $0 $0
2021 $4,325 $97,700 $0 $0
2020 $3,700 $97,700 $0 $0
2019 $3,786 $81,800 $0 $0
2018 $3,708 $76,500 $0 $0
2017 $3,621 $66,000 $0 $0
2016 $3,538 $63,000 $0 $0
2015 $3,303 $63,000 $0 $0
2013 -- $66,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Tom Dann

    Value Point Real Estate

    (616) 363-6678

    39 Total Sales

    Tom Dann
    Section Image

  • J

    Buyer's Agent in 2015

    John Ruggles

    Five Star Real Estate (Casc) - I

  • L

    Buyer Co-Listing Agent in 2015

    Lucas Howard

    Keller Williams GR North (Main)

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14036790

Southwestern Michigan Association of REALTORS®

APN: 41-18-20-406-013

Michigan Kent County Grand Rapids 49508 Ken-O-Sha Park

4145 Oak Park Dr SE, Grand Rapids, MI

This home is located at 4145 Oak Park Dr SE, Grand Rapids, MI 49508 since 23 September 2014 and is currently estimated at $433,431. This property was built in 1968. 4145 Oak Park Dr SE is a home located in Kent County with nearby schools including Bowen Elementary, Crestwood Middle School, and East Kentwood 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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