NOT LISTED FOR SALE

420 Spencer St NE Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $217,000 - $266,000

4 Beds
2 Baths
-- Sq Ft
4,750 Sq Ft Lot

Last Sold February 28, 2020

Last sale price $161,000

Est. 52% increase in value since last sale

Current estimated payment $1,507/month

3 Days on Market

About This Home

As of February 2020

This home is located at 420 Spencer St NE, Grand Rapids, MI 49505 since 03 January 2020 and is currently estimated at $244,102. This property was built in 1900. 420 Spencer St NE is a home located in Kent County with nearby schools including Kent Hills School, Riverside Middle School, and Union High School.

Last Agent to Sell the Property

Chelsea Roelofs

Bluebow Realty LLC License #6506045645 Listed on: 01/03/2020

Last Buyer's Agent

Kyle Naumann

Kradell Real Estate Company LLC - I License #6502414043

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,598

Year Built

  • Built in 1900

Lot Details

  • 4,750

Parking

  • 2 Parking Spaces

Home Design

  • Wood Siding

Utilities

  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 4,750 Sq Ft Lot

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,598

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 162000.0
  • Number of Buildings: 2

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4750.0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1598.24
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 28, 2020
Sold by
Depalma Kevin
Bought by
Kneibel Matthew D
Seller's Agent
Chelsea Roelofs
Bluebow Realty LLC
Buyer's Agent
Kyle Naumann
Kradell Real Estate Company LLC - I
List Price
$162,000
Sold Price
$161,000
Premium/Discount to List
-$1,000
-0.62%
Current Estimated Value
$244,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,102
Avg. Annual Appreciation
7.48%
Original Mortgage
$155,626
Outstanding Balance
$138,079
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$102,940

Purchase Details

Listed on
Feb 2, 2018
Closed on
Mar 15, 2018
Sold by
Cree Unit Properties Llc
Bought by
Depalma Kevin
Seller's Agent
Lindsay VanDuinen-Scully
Re/Max of Grand Rapids (Grandville)
Buyer's Agent
Don Kloostra II
Five Star Real Estate (Rock)
List Price
$134,900
Sold Price
$150,000
Premium/Discount to List
$15,100
11.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$142,500
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2018
Closed on
Jan 24, 2018
Sold by
Jev Properties Llc
Bought by
Cree Unit Properties Llc
Seller's Agent
Lindsay VanDuinen-Scully
Re/Max of Grand Rapids (Grandville)
Buyer's Agent
Don Kloostra II
Five Star Real Estate (Rock)
List Price
$134,900
Sold Price
$150,000
Premium/Discount to List
$15,100
11.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2007
Sold by
Newman Thomas A
Bought by
Deutsche Bank National Trust Co and Ameriquest Mortgage Securities Inc Asset

Purchase Details

Closed on
Sep 13, 2006
Sold by
Newman Thomas A
Bought by
Deutsche Bank National Trust Co and Ameriquest Mortgage Securities Inc

Purchase Details

Closed on
Jan 10, 2003
Sold by
Ogg Ronald and Ogg Patricia
Bought by
Newman Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,900
Interest Rate
5.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 29, 2000
Sold by
Pearce Pearce T T and Pearce A
Bought by
Ogg R and Jev Properties Llc

Purchase Details

Closed on
May 14, 1998
Sold by
Ktchn Ktchn K K and Ktchn Pearce T
Bought by
Pearce T and Jev Properties Llc

Purchase Details

Closed on
Feb 26, 1998
Sold by
Ktchn Mccllm
Bought by
Ktchn K and Jev Properties Llc

Purchase Details

Closed on
Sep 6, 1994
Sold by
Kutchin Kutchin K K and Kutchin D
Bought by
Jev Properties Llc

Purchase Details

Closed on
Sep 21, 1989
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
Kneibel Matthew D $161,000 Bell Title Agency
Depalma Kevin -- None Available
Cree Unit Properties Llc -- None Available
Deutsche Bank National Trust Co -- None Available
Deutsche Bank National Trust Co $100,434 None Available
Newman Thomas A $82,000 Michigan Title Company
Ogg R $61,000 --
Pearce T $40,800 --
Ktchn K -- --
Jev Properties Llc -- --
-- $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kneibel Matthew D $155,626
Previous Owner Depalma Kevin $142,500
Previous Owner Newman Thomas A $77,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $161,000 -0.6% --
01/06/2020 01/06/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $162,000 +8.0% --
03/15/2018 03/15/18 Sold $150,000 +11.2% --
02/05/2018 02/05/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $134,900 -- --
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 $2,559 $95,600 $0 $0
2024 $2,559 $80,800 $0 $0
2023 $2,557 $69,000 $0 $0
2022 $2,363 $59,100 $0 $0
2021 $2,306 $53,500 $0 $0
2020 $1,547 $48,500 $0 $0
2019 $1,598 $36,100 $0 $0
2018 $1,027 $28,000 $0 $0
2017 $1,210 $25,700 $0 $0
2016 $1,216 $23,500 $0 $0
2015 $1,158 $23,500 $0 $0
2013 -- $24,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chelsea Roelofs

    Seller's Agent in 2020

    Chelsea Roelofs

    Bluebow Realty LLC

    (616) 446-0041

    1 in this area

    49 Total Sales

    Chelsea Roelofs
    Section Image

  • K

    Buyer's Agent in 2020

    Kyle Naumann

    Kradell Real Estate Company LLC - I

    Section Image
  • Lindsay VanDuinen-Scully

    Seller's Agent in 2018

    Lindsay VanDuinen-Scully

    Re/Max of Grand Rapids (Grandville)

    (616) 957-0700

    11 in this area

    411 Total Sales

    Lindsay VanDuinen-Scully
    Section Image

  • D

    Buyer's Agent in 2018

    Don Kloostra II

    Five Star Real Estate (Rock)

    (616) 890-2508

    1 in this area

    62 Total Sales

    Don Kloostra II
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20000216

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-451-008

Michigan Kent County Grand Rapids 49505 Creston

420 Spencer St NE, Grand Rapids, MI

This home is located at 420 Spencer St NE, Grand Rapids, MI 49505 since 03 January 2020 and is currently estimated at $244,102. This property was built in 1900. 420 Spencer St NE is a home located in Kent County with nearby schools including Kent Hills School, Riverside Middle School, and Union 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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