454 Burton St SW Grand Rapids, MI 49507
Garfield Park NeighborhoodHighlights
- 1 Fireplace
- Forced Air Heating System
- Garage
About This Home
As of January 2025[NOTE: Our client wants to sell 506 Burton SW (MLS#: 24056956) the adjacent property and 454 as a package deal. Client not interested in entertaining offers below asking price unless they are for both properties)
This professionally managed, turn-key four unit rental is in good shape and priced to sell. It is located next to shops and restaurants in the Burton Heights neighborhood. With two newly constructed single family homes located directly behind it.
All the units are up to code and most are occupied. Many updates have been completed over the last ten years. This property is conveniently located less than 10 minutes from downtown. It is less than 500 feet from US 131 with a bus stop next door.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,680
Year Built
- Built in 1900
Lot Details
- 4,000 Sq Ft Lot
- Lot Dimensions are 40' x 100'
Parking
- Garage
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1 Fireplace
- Basement Fills Entire Space Under The House
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
Community Details
- 4 Units
Listing and Financial Details
- Tenant pays for electric, trash collection, gas
- The owner pays for water
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/28/2025 01/28/25 | Sold | $381,000 | -3.5% | -- |
| 11/25/2024 11/25/24 | Pending | -- | -- | -- |
| 10/30/2024 10/30/24 | For Sale | $395,000 | +69.5% | -- |
| 10/16/2020 10/16/20 | Sold | $233,000 | -2.9% | -- |
| 09/01/2020 09/01/20 | Pending | -- | -- | -- |
| 08/26/2020 08/26/20 | For Sale | $240,000 | -- | -- |
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 | $4,131 | $106,600 | $0 | $0 |
| 2023 | $4,097 | $89,900 | $0 | $0 |
| 2022 | $3,894 | $79,400 | $0 | $0 |
| 2021 | $3,794 | $72,700 | $0 | $0 |
| 2020 | $1,432 | $63,100 | $0 | $0 |
| 2019 | $1,466 | $54,000 | $0 | $0 |
| 2018 | $1,421 | $45,800 | $0 | $0 |
| 2017 | $1,387 | $34,200 | $0 | $0 |
| 2016 | $1,393 | $30,000 | $0 | $0 |
| 2015 | $1,328 | $30,000 | $0 | $0 |
| 2013 | -- | $23,900 | $0 | $0 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $285,750 | New Conventional | |
| Previous Owner | $174,750 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $381,000 | Lighthouse Title | |
| Warranty Deed | $233,000 | Ata National Title Group Llc | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $50,000 | -- | |
| Warranty Deed | $30,000 | -- | |
| Deed | $50,000 | -- | |
| Warranty Deed | $10,000 | -- |
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24056950
APN: 41-17-12-130-001
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