NOT LISTED FOR SALE

Estimated Value: $324,000 - $372,000

-- Bed
-- Bath
-- Sq Ft
0.29 Acres

Last Sold November 23, 2020

Last sale price $221,000

Est. 54% increase in value since last sale

Current estimated payment $2,352/month

2 Days on Market

Highlights

  • 0.29 Acre Lot
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of November 2020

Great investment opportunity near Medical Mile. Completely updated two unit. All new windows, new roof on the house and garage, both kitchens completely remodeled with new cabinets, counter-tops, refrigerators and oven/stove, plus new paint through-out the entire property. Bathrooms have been updated as well. Both units have separate gas and electric utilities. First floor unit has a washer/dryer hook-up. Historical rents were $800 for the lower unit and $700 for the upper unit, before the $60,000 upgrade. We have uploaded a Rent-O-Meter for updated rents for the area. Property is ready for new City of Grand Rapids Certificate of Compliance Inspection. This property is NOT for rent. It is only for sale. HIGHEST AND BEST DUE THURS., OCT 8, 5:00 PM.

Last Agent to Sell the Property

Jason Carpenter

Keller Williams GR East License #6502430921 Listed on: 10/06/2020

Keller Williams GR East

Co-Listed By

Candice Strehl

Keller Williams GR East License #6506048218

Last Buyer's Agent

Matt Szuminski

Mitten Real Estate License #6501409433

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,808

Year Built

  • Built in 1885

Lot Details

  • 0.29

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 0.29 Acre 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

$4,808

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 215000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • 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: 0.29
  • Lot Size Area: 0.29
  • Lot Size Sq Ft: 12720.0
  • Zoning Description: Residential
  • 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: 4808.12
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Nov 23, 2020
Sold by
Kendal Properties Llc
Bought by
Pinetree Properties Gr Llc
Seller's Agent
Jason Carpenter
Keller Williams GR East
Buyer's Agent
Matt Szuminski
Mitten Real Estate
List Price
$215,000
Sold Price
$221,000
Premium/Discount to List
$6,000
2.79%
Current Estimated Value
$340,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,979
Avg. Annual Appreciation
8.12%

Purchase Details

Closed on
Sep 26, 2018
Sold by
Adams Clifton Shane
Bought by
Kendal Proerties Llc

Purchase Details

Closed on
Sep 14, 2018
Sold by
Coryaft Rachel and Adams Rachel
Bought by
Adams Clifton S

Purchase Details

Closed on
Sep 7, 2018
Sold by
Pranomvanavech Tania
Bought by
Kendal Properties Llc

Purchase Details

Closed on
Sep 6, 2018
Sold by
Pranomvanavech Christopher
Bought by
Kendal Properties Llc

Purchase Details

Closed on
Mar 1, 2006
Sold by
Jackson Alphonso R and Hud
Bought by
Not Provided

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 2005
Sold by
Mortgage Electronic Registration Systems
Bought by
Hud

Purchase Details

Closed on
Apr 21, 2004
Sold by
Stewart Jeffrey T
Bought by
Mortgage Electronic Registration Sytems

Purchase Details

Closed on
Jan 29, 2003
Sold by
Stewart Jeffrey T
Bought by
Mortgage Electronic Registration Systems and Old Kent Mortgage Co

Purchase Details

Closed on
Mar 16, 1999
Bought by
Pranomvanavech Stewart J and Pranomvanavech Christopher

Purchase Details

Closed on
Jul 14, 1992

Purchase Details

Closed on
Feb 5, 1992

Purchase Details

Closed on
Oct 5, 1990
Sold by
Adams Adams T T and Stasiulewicz Adams
Bought by
Pranomvanavech Christopher

Purchase Details

Closed on
Oct 4, 1990
Sold by
Moss Moss J J and Moss Adams T
Bought by
Pranomvanavech Christopher

Purchase Details

Closed on
Apr 5, 1988

Purchase Details

Closed on
Mar 24, 1988

Purchase Details

Closed on
Dec 3, 1985

Purchase Details

Closed on
Aug 25, 1983
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
Pinetree Properties Gr Llc $221,000 Grand Rapids Title Co Llc
Kendal Proerties Llc $65,000 None Available
Adams Clifton S -- None Available
Kendal Properties Llc -- None Available
Kendal Properties Llc $65,000 None Available
Not Provided $58,000 None Available
Hud -- --
Mortgage Electronic Registration Sytems $73,619 --
Mortgage Electronic Registration Systems $60,313 --
Pranomvanavech Stewart J $57,000 --
-- $52,900 --
-- $52,500 --
Pranomvanavech Christopher -- --
Pranomvanavech Christopher -- --
-- $100 --
-- $52,500 --
-- $100 --
-- $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pranomvanavech Christopher $100,000
Previous Owner Not Provided $46,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2020 11/23/20 Sold $221,000 +2.8% --
10/08/2020 10/08/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $215,000 -- --
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 $6,426 $165,400 $0 $0
2024 $6,426 $152,900 $0 $0
2023 $6,374 $137,700 $0 $0
2022 $6,058 $125,600 $0 $0
2021 $5,903 $113,100 $0 $0
2020 $4,696 $99,700 $0 $0
2019 $4,808 $90,100 $0 $0
2018 $2,814 $85,700 $0 $0
2017 $2,837 $76,000 $0 $0
2016 $2,825 $64,300 $0 $0
2015 $2,707 $64,300 $0 $0
2013 -- $49,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20041851

Southwestern Michigan Association of REALTORS®

APN: 41-14-19-482-022