Seller's Agent in 2021
Chad Sytsma
Greenridge Realty (EGR)
(616) 813-2436
3 in this area
124 Total Sales
423 Charles Ave SE Grand Rapids, MI 49503
Madison Area Neighborhood
--
Bed
--
Bath
--
Sq Ft
0.28
Acres
Highlights
- Cooling Available
- High Speed Internet
- Wood Siding
- Forced Air Heating System
About This Home
As of April 2021** Sale price includes 433 Charles as well*** Character rich 2 unit on an just over 1/4 acre. Apartments are each two bed, one bath in an up/down configuration. Front and rear entrances and shared basement laundry. Recent exterior paint and roof. Off street parking and generous side yard. Sublime location just steps from dining and shopping on Wealthy Street and just minutes from downtown. Lot may qualify to be split, see attached information. Buyer responsible for verification. City Certificate through March of 2025. Showings on Saturdays at 10:00 only. Call your agent to schedule.
Last Agent to Sell the Property
Greenridge Realty (EGR) License #6501353016 Listed on: 03/02/2021
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $1,856
Year Built
- Built in 1890
Parking
- 4 Parking Spaces
Home Design
- Composition Roof
- Wood Siding
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
- Window Unit Heating System
- Natural Gas Connected
- High Speed Internet
- Cable TV Available
Additional Features
- Michigan Basement
- 0.28 Acre Lot
Listing and Financial Details
- Tenant pays for trash collection, gas
- The owner pays for water, sewer
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $765
- Maintenance Expense $620
- Manager Expense $2,000
- Gross Income $21,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 21, 2023
Sold by
Four Green Houses Llc
Bought by
Four Green Houses Llc
Current Estimated Value
Purchase Details
Listed on
Mar 2, 2021
Closed on
Apr 15, 2021
Sold by
Spackman Clive and Spackman Stefamoe F
Bought by
Four Green Houses Llc
Seller's Agent
Chad Sytsma
Greenridge Realty (EGR)
Buyer's Agent
Josh Smith
Josh Company, LLC
List Price
$295,000
Sold Price
$600,000
Premium/Discount to List
$305,000
103.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.44%
Purchase Details
Listed on
Aug 26, 2014
Closed on
Oct 22, 2014
Sold by
Huyge William E
Bought by
Spackman Clive and Spackman Stephanie F A
Seller's Agent
Robert Kirchgessner Jr.
West Michigan Group LLC, The - I
Buyer's Agent
Chad Sytsma
Greenridge Realty (EGR)
List Price
$129,900
Sold Price
$110,000
Premium/Discount to List
-$19,900
-15.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.93%
Original Mortgage
$88,000
Interest Rate
6.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 17, 1991
Sold by
Owens Owens M M and Owens Rhodes E
Bought by
Huyge William
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Sun Title | |
| Warranty Deed | $110,000 | Sun Title Agency Of Mi Llc | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $88,000 | Commercial | |
| Previous Owner | $25,561 | Credit Line Revolving | |
| Previous Owner | $55,600 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2021 04/15/21 | Sold | $600,000 | +103.4% | -- |
| 03/07/2021 03/07/21 | Pending | -- | -- | -- |
| 03/02/2021 03/02/21 | For Sale | $295,000 | +168.2% | -- |
| 10/22/2014 10/22/14 | Sold | $110,000 | -15.3% | -- |
| 09/12/2014 09/12/14 | Pending | -- | -- | -- |
| 08/26/2014 08/26/14 | For Sale | $129,900 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $4,427 | $101,000 | $0 | $0 |
| 2022 | $4,366 | $84,200 | $0 | $0 |
| 2021 | $1,849 | $75,800 | $0 | $0 |
| 2020 | $1,787 | $64,300 | $0 | $0 |
| 2019 | $1,773 | $52,600 | $0 | $0 |
| 2018 | $1,773 | $42,700 | $0 | $0 |
| 2017 | $1,730 | $36,100 | $0 | $0 |
| 2016 | $1,738 | $32,400 | $0 | $0 |
| 2015 | $1,656 | $32,400 | $0 | $0 |
| 2013 | -- | $31,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2021
Josh Smith
Josh Company, LLC
(616) 299-8541
1 in this area
15 Total Sales
-
R
Seller's Agent in 2014
Robert Kirchgessner Jr.
West Michigan Group LLC, The - I
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 21006175
APN: 41-14-31-228-033
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