NOT LISTED FOR SALE

418 Thomas St SE Grand Rapids, MI 49503

South Hill Neighborhood

Estimated Value: $483,960 - $549,000

-- Bed
-- Bath
-- Sq Ft
7,013 Sq Ft Lot

Last Sold August 07, 2020

Last sale price $350,000

Est. 51% increase in value since last sale

Current estimated payment $3,242/month

13 Days on Market

Highlights

  • 0.16 Acre Lot
  • Forced Air Heating System
  • Wood Siding
  • Cooling Available
  • High Speed Internet
  • 2-minute walk to Pleasant Park

About This Home

As of August 2020

Fabulous opportunity for the owner occupant in this extensively renovated and immaculately maintained duplex. Owner's side spans two floors with living, dining, kitchen and full bath on the main floor and 4 bedrooms and full bath on the second floor. Main floor 2nd unit features living, kitchen, eating area, 1 bedroom and 1 full bath. Extensive renovation in 2004 included plumbing, electrical, insulation, windows, roof, lots of low voltage wiring and high efficiency furnaces with AC coils. This lovely Victorian home includes unique vintage features - high ceilings, hardwood floors, authentic woodwork, custom cabinetry and stained glass windows. Private drive and garage, landscaping and a large back yard round out the property. Minutes from all things Uptown, hospitals and downtown GR.

Last Agent to Sell the Property

Chad Sytsma

Greenridge Realty (EGR) License #6501353016 Listed on: 06/26/2020

Last Buyer's Agent

Maria Kauffman

Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6506048270

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,214

Year Built

  • Built in 1905

Lot Details

  • 7,013

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Window Unit Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 7,013 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,214

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 359900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 7013.0
  • Zoning Description: LDR
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2213.71
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Boatman Kelly
Bought by
Kelly Boatman Trust and Boatman
Current Estimated Value
$527,851

Purchase Details

Closed on
Oct 24, 2023
Sold by
Boatman Scott
Bought by
Boatman Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,500
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 26, 2020
Sold by
Marie Lanning Teresa
Bought by
Boatman Scott and Boatman Kelly
Seller's Agent
Chad Sytsma
Greenridge Realty (EGR)
Buyer's Agent
Maria Kauffman
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$359,900
Sold Price
$350,000
Premium/Discount to List
-$9,900
-2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$50,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 7, 2020
Sold by
Lanning Teresa Marie and Hoffman Prevost Theresa
Bought by
Boatman Scott and Boatman Kelly
Seller's Agent
Chad Sytsma
Greenridge Realty (EGR)
Buyer's Agent
Maria Kauffman
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$359,900
Sold Price
$350,000
Premium/Discount to List
-$9,900
-2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2016
Sold by
Prevost Brian
Bought by
Lanning Teresa

Purchase Details

Closed on
Jul 11, 2003
Sold by
Prevost Brian and Prevost Tracy
Bought by
Prevost Brian J and Prevost Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
5.31%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 12, 1999
Bought by
Prevost Prevost B and Prevost T

Purchase Details

Closed on
Dec 18, 1997
Sold by
Baker Baker E E and Baker E
Bought by
Prevost Brian J Lanning Teresa M

Purchase Details

Closed on
Jul 20, 1992
Sold by
Calvert Calvert R R and Calvert Baker E
Bought by
Prevost Brian J Lanning Teresa M

Purchase Details

Closed on
Dec 31, 1984
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
Kelly Boatman Trust -- None Listed On Document
Boatman Kelly -- Mutual Title
Boatman Scott $350,000 Sun Title
Boatman Scott $350,000 Sun Title Agency Of Mi Llc
Lanning Teresa -- None Available
Prevost Brian J -- Independent Title Svcs Inc
Prevost Prevost B $50,000 --
Prevost Brian J Lanning Teresa M -- --
Prevost Brian J Lanning Teresa M $25,000 --
-- $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boatman Kelly $245,500
Previous Owner Boatman Scott $50,000
Previous Owner Boatman Scott $50,000
Previous Owner Prevost Brian J $126,750
Previous Owner Prevost Brian J $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $350,000 -2.8% --
07/09/2020 07/09/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $359,900 -- --
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 $4,219 $177,400 $0 $0
2024 $4,219 $139,500 $0 $0
2023 $4,222 $121,300 $0 $0
2022 $4,011 $100,700 $0 $0
2021 $3,913 $90,800 $0 $0
2020 $2,100 $81,000 $0 $0
2019 $2,214 $66,700 $0 $0
2018 $2,359 $51,000 $0 $0
2017 $2,619 $43,200 $0 $0
2016 $2,044 $38,800 $0 $0
2015 $2,545 $38,800 $0 $0
2013 -- $36,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Sytsma

    Seller's Agent in 2020

    Chad Sytsma

    Greenridge Realty (EGR)

    (616) 813-2436

    5 in this area

    122 Total Sales

    Section Image
  • Maria Kauffman

    Buyer's Agent in 2020

    Maria Kauffman

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (616) 498-9411

    78 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20024253

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-254-005

Michigan Kent County Grand Rapids 49503 South Hill

418 Thomas St SE, Grand Rapids, MI

This home is located at 418 Thomas St SE, Grand Rapids, MI 49503 since 26 June 2020 and is currently estimated at $516,990. This property was built in 1905. 418 Thomas St SE is a home located in Kent County with nearby schools including Gerald R. Ford Academic Center, 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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