NOT LISTED FOR SALE

434 Hall St SW Grand Rapids, MI 49503

Roosevelt Park Neighborhood

Estimated Value: $196,000 - $265,000

-- Bed
-- Bath
-- Sq Ft
8,233 Sq Ft Lot

Last Sold November 16, 2018

Last sale price $83,000

Est. 168% increase in value since last sale

Current estimated payment $1,485/month

34 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of November 2018

2 Unit with separate business building in back and an attached shed. Each unit $780.00 rent per month. Large apartments 2 bedrooms and full bath. Country kitchen, living room dining room area L shape. Spacious. Basement level is occupied by owner. But would be a great office set up for business in the back of property. lots of potential. Tenants are month to month. This is a great location for the business. Corner lot, plenty of parking.

Last Agent to Sell the Property

Alexzandra Clemens

VENTURE REAL ESTATE GROUP License #6501286726 Listed on: 09/27/2018

VENTURE REAL ESTATE GROUP

Last Buyer's Agent

Noel Berg

HomeRealty, LLC License #6501307031

HomeRealty, LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,259

Year Built

  • Built in 1929

Lot Details

  • 8,233

Parking

  • 7 Parking Spaces

Home Design

  • Tile Roof

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, sewer, gas

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $200
  • Operating Expense $7,000
  • Gross Income $6,060
  • Net Operating Income $18,720

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,259

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 100000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 2
  • Roof: Tile
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Zoning Description: RMSW2
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Gross Income: 6060.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 200.0
  • Net Operating Income: 18720.0
  • Number of Units Total: 2
  • Operating Expense: 7000.0

Tax Info

  • Tax Annual Amount: 1258.96
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2022
Sold by
Zavala Jose De Jesus
Bought by
La Manga Properties Llc
Total Days on Market
34
Current Estimated Value
$222,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,300
Outstanding Balance
$527,057
Interest Rate
5.22%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$290,153

Purchase Details

Listed on
Sep 27, 2018
Closed on
Nov 9, 2018
Sold by
Mencarelli Robert
Bought by
Zavala Jesus
Seller's Agent
Alexzandra Clemens
VENTURE REAL ESTATE GROUP
Buyer's Agent
Noel Berg
HomeRealty, LLC
List Price
$134,000
Sold Price
$83,000
Premium/Discount to List
-$51,000
-38.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.37%

Purchase Details

Listed on
Sep 27, 2018
Closed on
Nov 8, 2018
Sold by
Vanden Bosch Bryan P and Vanden Bosch Karen S
Bought by
Mencarelli Robert
Seller's Agent
Alexzandra Clemens
VENTURE REAL ESTATE GROUP
Buyer's Agent
Noel Berg
HomeRealty, LLC
List Price
$134,000
Sold Price
$83,000
Premium/Discount to List
-$51,000
-38.06%

Purchase Details

Closed on
Dec 29, 2004
Sold by
Vandenbosch Bryan P and Vandenbosch Karen S
Bought by
Vandenbosch Bryan P and Vandenbosch Karen S

Purchase Details

Closed on
Aug 12, 2004
Sold by
Vandenbosch Bryan P and Vandenbosch Karen S
Bought by
Mencarelli Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
10%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 5, 2004
Sold by
Martinez Victoria and Martinez Gennaro
Bought by
Vandenbosch Bryan P and Vandenbosch Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
10%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 26, 1989
Sold by
Tucker Tucker H H and Tucker Martinez G
Bought by
Mencarelli Robert
Source: Public Records

Range of Values:

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Average Value
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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
La Manga Properties Llc -- Sun Title
Zavala Jesus $83,000 Ata National Title Group Llc
Zavala Jose De Jesus $83,000 Ata Natl Title Group Llc
Mencarelli Robert $85,000 Ata National Title Group Llc
Mencarelli Robert $85,000 Ata Natl Title Group Llc
Vandenbosch Bryan P -- --
Mencarelli Robert $85,000 --
Vandenbosch Bryan P $72,000 Metropolitan Title Company
Mencarelli Robert $14,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open La Manga Properties Llc $544,300
Previous Owner Mencarelli Robert $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $83,000 -38.1% --
10/31/2018 10/31/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $134,000 -- --
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
2024 $2,841 $100,900 $0 $0
2023 $2,818 $84,600 $0 $0
2022 $2,679 $66,900 $0 $0
2021 $2,610 $59,700 $0 $0
2020 $2,523 $52,800 $0 $0
2019 $2,583 $48,400 $0 $0
2018 $1,292 $35,700 $0 $0
2017 $1,259 $30,500 $0 $0
2016 $1,269 $28,800 $0 $0
2015 $1,197 $28,800 $0 $0
2013 -- $27,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Alexzandra Clemens

    VENTURE REAL ESTATE GROUP

    1 Total Sale

    Alexzandra Clemens
    Section Image
  • Noel Berg

    Buyer's Agent in 2018

    Noel Berg

    HomeRealty, LLC

    (616) 402-3404

    357 Total Sales

    Noel Berg
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18048041

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-126-021

Michigan Kent County Grand Rapids 49503 Roosevelt Park

434 Hall St SW, Grand Rapids, MI

This home is located at 434 Hall St SW, Grand Rapids, MI 49503 since 27 September 2018 and is currently estimated at $222,318. This property was built in 1929. 434 Hall St SW is a home located in Kent County with nearby schools including Cesar E. Chavez Elementary, Burton 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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