NOT LISTED FOR SALE

446 Crosby St NW Unit 444-450 Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $294,000 - $395,340

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold October 09, 2020

Last sale price $299,900

Est. 18% increase in value since last sale

Current estimated payment $2,253/month

1 Day on Market

About This Home

As of October 2020

Hard to find, well maintained 4 unit in NW Grand Rapids near up and coming Gateway Center. New roof in 2018 w Complete tear off. Newer vinyl siding, newer furnaces and W/heaters help make for a low maintenance property All 4 units have separate utilities both gas and electric. Units have their own water heater and full forced air furnace. (No space heaters). All 4 units fully rented and professionally managed with total gross monthly rent at $3175/month $38,100 yr. 6 yr city cert runs through 10/2024. With 3bd 1 ba each this sets itself apart from many 4 unit buildings Grand Rapids is a highly diversified economy as well as being a Colleges and Medical town known for its great residential rental opportunities. Add this to your portfolio and start receiving Great Cash Flow today

Last Agent to Sell the Property

Eric Freeman

Solid Rock Real Estate LLC License #6502373737 Listed on: 08/14/2020

Last Buyer's Agent

Mark Blashkiw

Blueprint Properties LLC License #6502410373

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,569

Year Built

  • Built in 1921

Lot Details

  • 3,049

Parking

  • 2 Parking Spaces

Home Design

  • Rubber Roof

Basement

  • Michigan Basement

Utilities

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

Community Details

  • 4 Units
  • Gross Income $38,100

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,569

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 299900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Rubber
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 38100.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2569.0
  • Tax Year: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2024
Sold by
Felten Andrew F
Bought by
Synergy Landmark Llc
Current Estimated Value
$353,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,380,750
Outstanding Balance
$1,364,258
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
-$1,010,673

Purchase Details

Listed on
Aug 14, 2020
Closed on
Oct 9, 2020
Sold by
04 Crosby Llc
Bought by
Felten Andrew F
Seller's Agent
Eric Freeman
Solid Rock Real Estate LLC
Buyer's Agent
Mark Blashkiw
Blueprint Properties LLC
List Price
$299,900
Sold Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%
Original Mortgage
$224,925
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 23, 2019
Sold by
Maier Phillip and Maier Justine
Bought by
04 Crosby Llc

Purchase Details

Closed on
May 31, 2017
Sold by
Xl Crosby Llc
Bought by
Maier Philip and Maier Justine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,800
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2007
Sold by
Foster Tim J and Foster Stephanie M
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Dec 23, 2005
Sold by
Foster Timmie Jay
Bought by
Foster Stephanie M

Purchase Details

Closed on
Aug 11, 2005
Sold by
Foster Timmie Jay
Bought by
Foster Stephanie M

Purchase Details

Closed on
May 5, 2005
Sold by
Rosales Jose A and Rosales Barb
Bought by
Foster Tim J and Foster Stephanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
6.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2000
Bought by
Rosales B and Xl Crosby Llc

Purchase Details

Closed on
Feb 8, 1999
Sold by
Mcns Mcns D D and Mcns D
Bought by
Meconis W and Xl Crosby Llc
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
Synergy Landmark Llc -- None Listed On Document
Felten Andrew F $299,900 Devon Title
04 Crosby Llc -- None Available
Maier Philip -- None Available
Aurora Loan Services Llc $139,205 None Available
Foster Stephanie M -- --
Foster Stephanie M -- --
Foster Tim J $167,000 --
Rosales B $72,000 --
Meconis W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Synergy Landmark Llc $1,380,750
Previous Owner Felten Andrew F $224,925
Previous Owner Maier Philip $109,800
Previous Owner Foster Tim J $133,600
Closed Foster Tim J $33,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2020 10/09/20 Sold $299,900 0.0% --
08/15/2020 08/15/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $299,900 -- --
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 $4,534 $144,300 $0 $0
2024 $4,534 $129,800 $0 $0
2023 $4,334 $113,100 $0 $0
2022 $4,274 $106,100 $0 $0
2021 $4,165 $79,800 $0 $0
2020 $2,588 $77,500 $0 $0
2019 $2,650 $62,300 $0 $0
2018 $2,569 $48,500 $0 $0
2017 $1,813 $47,200 $0 $0
2016 $1,822 $39,100 $0 $0
2015 $1,736 $39,100 $0 $0
2013 -- $32,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Eric Freeman

    Solid Rock Real Estate LLC

    (616) 667-2715

    1 in this area

    36 Total Sales

    Eric Freeman
    Section Image

  • M

    Buyer's Agent in 2020

    Mark Blashkiw

    Blueprint Properties LLC

    (616) 706-5341

    9 in this area

    97 Total Sales

    Mark Blashkiw
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20033273

Southwestern Michigan Association of REALTORS®

APN: 41-13-13-384-002

Michigan Kent County Grand Rapids 49504 West Grand

446 Crosby St NW Unit 444-450, Grand Rapids, MI

This home is located at 446 Crosby St NW Unit 444-450, Grand Rapids, MI 49504 since 14 August 2020 and is currently estimated at $353,585. This property was built in 1921. 446 Crosby St NW Unit 444-450 is a home located in Kent County with nearby schools including Harrison Elementary 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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