NOT LISTED FOR SALE

45 Grove St NE Unit 47 Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $274,000 - $326,200

-- Bed
-- Bath
-- Sq Ft
6,621 Sq Ft Lot

Last Sold June 27, 2016

Last sale price $115,000

Est. 155% increase in value since last sale

Current estimated payment $1,794/month

15 Days on Market

Highlights

  • Hot Water Heating System
  • 2 Car Garage
  • Laundry Facilities

About This Home

As of June 2016

3 Unit on the Ne side of Grand Rapids. Two homes on one lot with a 2 stall garage and off street parking. Both are city certified. The front home has 2 units, a laundry room and split electric. Home is heated by a Baxi energy efficient boiler and rents for $1125/mo. The back home is single family with 2 bedrooms, a newer tank-less water heater, vinyl siding and rents for $620/mo.

Last Agent to Sell the Property

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 01/21/2016

Compass Realty Services

Co-Listed By

Thomas Koetsier

Kay Courtney & Associates

Last Buyer's Agent

Tanya Powell-May

Keller Williams GR North (Main) License #6506046475

Keller Williams GR North (Main)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,938

Year Built

  • Built in 1900

Lot Details

  • 6,621 Sq Ft Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement
  • Partial Basement

Parking

  • 2 Car Garage
  • Unpaved Driveway

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,938

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50*132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1937.54
  • Tax Info:Zoning3: N/A
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Heat Type:Hot Water: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • List Price: 117500.0
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • 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
  • Extras:Garages: Yes

Utilities

  • Heating: Hot Water, Natural Gas
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6621.0
  • Zoning Description: N/A
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1937.54
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2016
Closed on
Jun 27, 2016
Sold by
Callaghan Douglas
Bought by
Harris Loris
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Tanya Powell-May
Keller Williams GR North (Main)
List Price
$117,500
Sold Price
$115,000
Premium/Discount to List
-$2,500
-2.13%
Current Estimated Value
$292,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,800
Avg. Annual Appreciation
10.79%
Original Mortgage
$112,917
Outstanding Balance
$91,211
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$205,905

Purchase Details

Closed on
Feb 13, 2008
Sold by
Federal National Mortgage Association
Bought by
Callaghan Douglas

Purchase Details

Closed on
Mar 22, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 14, 2007
Sold by
Rewa Karl J
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
May 10, 2005
Sold by
Rewa Karl J and Rewa Dale
Bought by
Title Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 28, 2005
Sold by
Willow Creek Investment Properties & Man
Bought by
Rewa Karl J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 1, 2005
Sold by
Title Properties Llc
Bought by
Rewa Karl J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 14, 2004
Sold by
Willow Creek Investment Properties & Man
Bought by
Title Properties Llc

Purchase Details

Closed on
Jan 16, 1998
Sold by
Bst Ii Bst T and Bst Johnson M
Bought by
Johnson Johnson M and Johnson S

Purchase Details

Closed on
Oct 10, 1990
Sold by
Durham Durham M M and Durham Bassett T
Bought by
Callaghan Douglas

Purchase Details

Closed on
Oct 9, 1990
Sold by
Fishman Fishman M M and Fishman Bassett T
Bought by
Callaghan Douglas

Purchase Details

Closed on
Sep 21, 1983
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
Harris Loris $115,000 Midstate Title Agency Llc
Callaghan Douglas $24,000 None Available
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $94,469 None Available
Title Properties Llc -- --
Rewa Karl J $99,900 --
Willow Creek Investment Properties & Man $85,000 --
Rewa Karl J -- --
Title Properties Llc -- --
Johnson Johnson M $43,500 --
Callaghan Douglas $42,000 --
Callaghan Douglas -- --
-- $39,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Loris $112,917
Previous Owner Rewa Karl J $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2016 06/27/16 Sold $115,000 -2.1% --
02/05/2016 02/05/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $117,500 -- --
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 $2,899 $153,100 $0 $0
2024 $2,899 $133,000 $0 $0
2023 $2,601 $114,200 $0 $0
2022 $2,580 $114,500 $0 $0
2021 $2,945 $89,800 $0 $0
2020 $3,424 $78,700 $0 $0
2019 $3,027 $65,100 $0 $0
2018 $2,316 $50,300 $0 $0
2017 $2,259 $42,100 $0 $0
2016 $2,033 $37,900 $0 $0
2015 $1,938 $37,900 $0 $0
2013 -- $41,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    5 in this area

    126 Total Sales

    Allison Koetsier
    Section Image

  • T

    Seller Co-Listing Agent in 2016

    Thomas Koetsier

    Kay Courtney & Associates

  • Tanya Powell-May

    Buyer's Agent in 2016

    Tanya Powell-May

    Keller Williams GR North (Main)

    (616) 308-3556

    6 in this area

    306 Total Sales

    Tanya Powell-May
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15061842

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-353-032

Michigan Kent County Grand Rapids 49505 Creston

45 Grove St NE Unit 47, Grand Rapids, MI

This home is located at 45 Grove St NE Unit 47, Grand Rapids, MI 49505 since 21 January 2016 and is currently estimated at $292,800. This property was built in 1900. 45 Grove St NE Unit 47 is a home located in Kent County with nearby schools including Palmer School, Riverside 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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