NOT LISTED FOR SALE

440 Lafayette Ave SE Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $409,682 - $463,000

-- Bed
-- Bath
-- Sq Ft
2,492 Sq Ft Lot

Last Sold March 09, 2015

Last sale price $153,500

Est. 182% increase in value since last sale

Current estimated payment $2,767/month

88 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 1-minute walk to Mooney Park
  • Laundry Facilities
  • Wood Siding

About This Home

As of March 2015

Heritage Hill District - 3 unit within walking distance to hospitals and downtown. Hardwood floors, separate utilities, parking in back of home. Two new furnaces and 1 new hot water heater. Fully rented

Last Agent to Sell the Property

Marilyn Wagner

RE/MAX SunQuest Realty Listed on: 09/29/2014

Last Buyer's Agent

Micah Hare

Green Square Properties LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,453

Year Built

  • Built in 1908

Lot Details

  • 2,492 Sq Ft Lot
  • Lot Dimensions are 49x145
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,453

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1908
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 49x145
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3453.0
  • Tax Info:Zoning3: res
  • General Property Info:Total _pound_ Units: 3
  • 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
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Covered Entrance
  • Basement: Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 170000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2492.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 3453.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2021
Sold by
Brackett Remi L and Brackett Clayton
Bought by
Brackett Remi L and Brackett Clayton
Current Estimated Value
$432,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Outstanding Balance
$107,380
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$322,919

Purchase Details

Listed on
Sep 29, 2014
Closed on
Mar 9, 2015
Sold by
Dehne Noel F and Dehne Beverly
Bought by
Brackett Clayton and White Remi
Seller's Agent
Marilyn Wagner
RE/MAX SunQuest Realty
Buyer's Agent
Micah Hare
Green Square Properties LLC
List Price
$170,000
Sold Price
$153,500
Premium/Discount to List
-$16,500
-9.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%
Original Mortgage
$150,719
Interest Rate
3.56%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 2004
Sold by
Ramar & Assoc Inc
Bought by
Dehne Noel F and Dehne Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,400
Interest Rate
5.77%
Mortgage Type
Commercial
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
Brackett Remi L -- None Available
Brackett Clayton $153,500 None Available
Dehne Noel F $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brackett Remi L $137,000
Closed White Remi $150,719
Previous Owner Dehne Noel F $127,400
Previous Owner Ramar & Assoc Inc $247,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2015 03/09/15 Sold $153,500 -9.7% --
12/26/2014 12/26/14 Pending -- -- --
09/29/2014 09/29/14 For Sale $170,000 -- --
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 $4,788 $201,100 $0 $0
2024 $4,788 $184,700 $0 $0
2023 $4,781 $158,200 $0 $0
2022 $4,543 $155,000 $0 $0
2021 $4,431 $138,300 $0 $0
2020 $4,268 $123,500 $0 $0
2019 $5,095 $117,900 $0 $0
2018 $4,939 $111,600 $0 $0
2017 $4,818 $90,500 $0 $0
2016 $4,841 $77,000 $0 $0
2015 $3,625 $77,000 $0 $0
2013 -- $70,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Marilyn Wagner

    RE/MAX Michigan

  • M

    Buyer's Agent in 2015

    Micah Hare

    Green Square Properties LLC

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14055169

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-128-008

Michigan Kent County Grand Rapids 49503 Heritage Hill

440 Lafayette Ave SE, Grand Rapids, MI

This home is located at 440 Lafayette Ave SE, Grand Rapids, MI 49503 since 29 September 2014 and is currently estimated at $433,921. This property was built in 1908. 440 Lafayette Ave SE is a home located in Kent County with nearby schools including Martin Luther King Leadership Academy, 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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