NOT LISTED FOR SALE

428 Pettibone Ave NW Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $243,121 - $270,000

-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold July 25, 2014

Last sale price $47,000

Est. 447% increase in value since last sale

Current estimated payment $1,605/month

36 Days on Market

About This Home

As of July 2014

Lovely 2 family home, each with a spacious kitchen and nice living room. Cozy screen porch. All information Represented herein is approximated and individual verification is recommended. Information is not guaranteed.

Last Agent to Sell the Property

Michael Balsitis

Bellabay Realty LLC License #6502346774 Listed on: 06/05/2014

Bellabay Realty LLC

Last Buyer's Agent

Michael Balsitis

Bellabay Realty LLC License #6502346774 Listed on: 06/05/2014

Bellabay Realty LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $986

Year Built

  • Built in 1890

Lot Details

  • 3,920

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 3,920 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$986

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 54900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Sewer, Cable Connected

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3920.0

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 986.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2017
Sold by
Rdg Fund 5 Llc
Bought by
Iccf Homes Llc
Current Estimated Value
$257,280

Purchase Details

Closed on
Jan 1, 2015
Sold by
Rdg Fund 5 Llc
Bought by
Rdg Fund 5 Lth Llc

Purchase Details

Listed on
Jun 5, 2014
Closed on
Jul 24, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Rdg Fund 5 Llc
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Michael Balsitis
Bellabay Realty LLC
List Price
$54,900
Sold Price
$47,000
Premium/Discount to List
-$7,900
-14.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.55%

Purchase Details

Closed on
Sep 11, 2013
Sold by
Pyle Ernie
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 27, 2013
Sold by
Snyder Linda M
Bought by
Pyle Ernie

Purchase Details

Closed on
Jul 21, 2009
Sold by
Pyle Ernie
Bought by
Pyle Ernie and Snyder Linda M

Purchase Details

Closed on
Jul 13, 2004
Sold by
Basham Gerald L and Basham Jeanne M
Bought by
Pyle Ernie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 1997
Sold by
Basham Basham G G and Basham J
Bought by
Pyle Pyle E and Pyle Ernie

Purchase Details

Closed on
Mar 23, 1994
Sold by
Vndnberge Vndnberge R R and Vndnberge Basham G
Bought by
Pyle Ernie
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
Iccf Homes Llc -- First American Title Ins Co
Rdg Fund 5 Lth Llc -- Parks Title
Rdg Fund 5 Llc $47,000 None Available
Federal Home Loan Mortgage Corporation $38,000 None Available
Pyle Ernie -- None Available
Pyle Ernie -- None Available
Pyle Ernie $46,400 --
Pyle Pyle E $46,400 --
Pyle Ernie $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rdg Fund-5 Lth Llc $642,000
Previous Owner Pyle Ernie $76,000
Previous Owner Pyle Ernie $9,500
Previous Owner Pyle Ernie $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2014 07/25/14 Sold $47,000 -14.4% --
07/11/2014 07/11/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $54,900 -- --
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 $2,435 $121,900 $0 $0
2024 $2,435 $107,100 $0 $0
2023 $2,415 $95,900 $0 $0
2022 $2,295 $79,400 $0 $0
2021 $2,236 $70,600 $0 $0
2020 $2,161 $62,500 $0 $0
2019 $2,213 $49,300 $0 $0
2018 $2,145 $40,500 $0 $0
2017 $1,644 $34,000 $0 $0
2016 $1,652 $30,800 $0 $0
2015 $1,575 $30,800 $0 $0
2013 -- $26,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Balsitis

    Seller's Agent in 2014

    Michael Balsitis

    Bellabay Realty LLC

    (616) 813-5522

    34 Total Sales

    Michael Balsitis
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14031147

Southwestern Michigan Association of REALTORS®

APN: 41-13-23-482-002

Michigan Kent County Grand Rapids 49504 West Grand

428 Pettibone Ave NW, Grand Rapids, MI

This home is located at 428 Pettibone Ave NW, Grand Rapids, MI 49504 since 05 June 2014 and is currently estimated at $257,280. This property was built in 1890. 428 Pettibone Ave NW is a home located in Kent County with nearby schools including Sibley School, Westwood 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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