NOT LISTED FOR SALE

Estimated Value: $2,362,497

-- Bed
-- Bath
-- Sq Ft
1.02 Acres

Last Sold September 29, 2016

Last sale price $1,183,000

Est. 100% increase in value since last sale

Current estimated payment $15,479/month

Highlights

  • 1.02 Acre Lot
  • Baseboard Heating
  • Wood Siding
  • Corner Lot: Yes
  • Laundry Facilities

About This Home

As of September 2016

Sold Before Broadcast. The mansion and carriage house of the founder of the city of Grand Rapids. One acre of private estate, magnificently situated above the greater downtown area. Get into this Historical Award Winning Heritage Hill 14-unit in terrific condition commonly known as the Louis Campau Estate Mansion. All polished hardwood floors, state of the art decor, ample closet space. Includes laundry facilities, private parking, refuse pick-up, maintenance, security & snow plowing. Walking distance to all colleges, universities, shopping restaurants, sports arenas and more.

Last Agent to Sell the Property

Michael Smallegan

Berkshire Hathaway HomeServices Michigan Real Estate Listed on: 09/02/2016

Last Buyer's Agent

Michael Smallegan

Berkshire Hathaway HomeServices Michigan Real Estate Listed on: 09/02/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,159

Year Built

  • Built in 1838

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 192x230x186x229
  • Corner Lot: Yes

Parking

  • 20 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, sewer, gas

Community Details

Overview

  • 2 Buildings
  • 14 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,159

Year Built

Built in 1838

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1838
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 1183000.0
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 20.0
  • General Property Info:Total Parking Spaces: 20.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Hot Water, Baseboard, Natural Gas
  • Heating: Yes
  • Utilities: Cable Connected, Telephone Line

Lot Info

  • Lot Size Acres: 1.02
  • Lot Size Area: 1.02
  • Lot Size Sq Ft: 44431.0
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 14

Tax Info

  • Tax Annual Amount: 14159.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Sep 29, 2016
Sold by
Rybaski James E and Rybaski Adriana
Bought by
Murphy Brown Properties Llc
Seller's Agent
Michael Smallegan
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Michael Smallegan
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$1,183,000
Sold Price
$1,183,000
Total Days on Market
0
Current Estimated Value
$2,362,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,179,497
Avg. Annual Appreciation
8.09%
Original Mortgage
$946,400
Interest Rate
3.46%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 3, 2005
Sold by
Jm Rental Properties Inc and Courtney Kay
Bought by
Rybaski James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,000
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2000
Sold by
Merkle Schaut
Bought by
Merkle and Merkle Sangli

Purchase Details

Closed on
Jan 22, 1992
Sold by
Krburz Krburz F F and Krburz Schaut L
Bought by
Rybaski James E

Purchase Details

Closed on
Jan 7, 1992
Sold by
Frost Frost M M and Frost Kyburz F
Bought by
Rybaski James E

Purchase Details

Closed on
Dec 15, 1982

Purchase Details

Closed on
Dec 3, 1982
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
Murphy Brown Properties Llc $1,183,000 Title Resource Agency
Rybaski James E $775,000 Michigan Bankers Title
Merkle $675,000 --
Rybaski James E $272,000 --
Rybaski James E $145,000 --
-- $125,000 --
-- $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Brown Properties Llc $845,340
Closed Murphy Brown Properties Llc $946,400
Previous Owner Rybaski James E $772,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2016 09/29/16 Sold $1,183,000 0.0% --
09/02/2016 09/02/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $1,183,000 -- --
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 $27,363 $1,027,500 $0 $0
2024 $27,363 $959,000 $0 $0
2023 $26,159 $870,800 $0 $0
2022 $25,842 $758,500 $0 $0
2021 $25,186 $732,600 $0 $0
2020 $24,321 $649,600 $0 $0
2019 $24,948 $566,100 $0 $0
2018 $24,177 $519,500 $0 $0
2017 $23,580 $315,000 $0 $0
2016 $14,719 $283,500 $0 $0
2015 $14,024 $283,500 $0 $0
2013 -- $270,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16045793

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-401-001