NOT LISTED FOR SALE

432 Adams St SE Grand Rapids, MI 49507

Madison Area Neighborhood

Estimated Value: $206,502 - $269,000

-- Bed
-- Bath
-- Sq Ft
4,960 Sq Ft Lot

Last Sold May 08, 2015

Last sale price $43,000

Est. 440% increase in value since last sale

Current estimated payment $1,425/month

34 Days on Market

About This Home

As of May 2015

City of Grand Rapids Rental Certified through 09/21/2016. Upper and lower 2-family with full basement. Large backyard with parking. Both units occupied, 24-hour notice for showings please.

Last Agent to Sell the Property

Denise Breuker

616 Realty LLC License #6501381020 Listed on: 03/24/2015

616 Realty LLC

Last Buyer's Agent

Robert Haughton

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,960 Sq Ft Lot
  • Lot Dimensions are 40x124

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x124
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1653.47
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Block
  • List Price: 50000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4960.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1653.47
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2015
Closed on
May 8, 2015
Sold by
Doll Chris
Bought by
Erhan Ali
Seller's Agent
Denise Breuker
616 Realty LLC
Buyer's Agent
Robert Haughton
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$59,900
Sold Price
$43,000
Premium/Discount to List
-$16,900
-28.21%
Current Estimated Value
$232,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,376
Avg. Annual Appreciation
16.66%

Purchase Details

Listed on
Apr 9, 2012
Closed on
Feb 22, 2013
Sold by
The Richard Delano Family Trust
Bought by
Doll Chris
Seller's Agent
Grace Suchowian
Platinum Realty Lake Michigan
Buyer's Agent
John Pols
Homestead Realty of W Michigan
List Price
$29,900
Sold Price
$22,000
Premium/Discount to List
-$7,900
-26.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.80%

Purchase Details

Closed on
Apr 8, 2010
Sold by
Usa Housing Fund 2 Llc
Bought by
Delano Richard

Purchase Details

Closed on
Mar 15, 2010
Sold by
Fannie Mae
Bought by
Usa Housing Fund Llc

Purchase Details

Closed on
Jun 17, 2009
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 10, 2009
Sold by
Mendez Ramiro
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Nov 28, 2005
Sold by
Alcantar David and Alcantar Angelica
Bought by
Mendez Ramiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2003
Sold by
Guzman Elpidio
Bought by
Alcantar David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,467
Interest Rate
6.07%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 2003
Sold by
Vanportfliet Shawn D
Bought by
Guzman Elpidio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,467
Interest Rate
6.07%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 17, 1998
Sold by
Stek Stek S S and Stek C
Bought by
Doll Vanprtflt S and Doll Chris

Purchase Details

Closed on
Aug 10, 1990
Sold by
Brewster Brewster J J and Brewster Stek S
Bought by
Doll Chris

Purchase Details

Closed on
Sep 10, 1985

Purchase Details

Closed on
Mar 12, 1985

Purchase Details

Closed on
Aug 22, 1984
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
Erhan Ali $43,000 None Available
Doll Chris $22,000 None Available
Delano Richard $11,500 Triunion Title Agency
Usa Housing Fund Llc $7,000 None Available
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $66,508 None Available
Mendez Ramiro $84,000 --
Alcantar David -- --
Guzman Elpidio $68,000 Chicago Title Insurance
Doll Vanprtflt S $24,900 --
Doll Chris $14,100 --
-- $100 --
-- $4,500 --
-- $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendez Ramiro $67,200
Previous Owner Guzman Elpidio $67,467
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2015 05/08/15 Sold $43,000 -28.2% --
04/27/2015 04/27/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $59,900 +172.3% --
03/01/2013 03/01/13 Sold $22,000 -26.4% --
01/30/2013 01/30/13 Pending -- -- --
04/09/2012 04/09/12 For Sale $29,900 -- --
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 $2,023 $96,800 $0 $0
2024 $2,023 $88,300 $0 $0
2023 $1,947 $78,800 $0 $0
2022 $1,851 $66,100 $0 $0
2021 $1,803 $60,800 $0 $0
2020 $1,743 $52,000 $0 $0
2019 $1,784 $44,400 $0 $0
2018 $1,730 $37,900 $0 $0
2017 $2,951 $31,700 $0 $0
2016 $1,696 $27,800 $0 $0
2015 $1,421 $27,800 $0 $0
2013 -- $28,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Denise Breuker

    Seller's Agent in 2015

    Denise Breuker

    616 Realty LLC

    (616) 340-4003

    52 Total Sales

    Denise Breuker
    Section Image

  • R

    Buyer's Agent in 2015

    Robert Haughton

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

  • G

    Seller's Agent in 2013

    Grace Suchowian

    Platinum Realty Lake Michigan

    (616) 293-9957

    16 Total Sales

    Grace Suchowian
    Section Image
  • John Pols

    Buyer's Agent in 2013

    John Pols

    Homestead Realty of W Michigan

    (616) 889-3819

    52 Total Sales

    John Pols
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15012398

Southwestern Michigan Association of REALTORS®

APN: 41-18-06-251-014

Michigan Kent County Grand Rapids 49507 Madison Area

432 Adams St SE, Grand Rapids, MI

This home is located at 432 Adams St SE, Grand Rapids, MI 49507 since 24 March 2015 and is currently estimated at $232,376. This property was built in 1920. 432 Adams St SE is a home located in Kent County with nearby schools including Campus Elementary School, Alger Middle School, and Ottawa Hills 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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