NOT LISTED FOR SALE

457 Fernando St NE Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $205,000 - $219,851

3 Beds
2 Baths
-- Sq Ft
3,400 Sq Ft Lot

Last Sold November 02, 2020

Last sale price $130,000

Est. 63% increase in value since last sale

Current estimated payment $1,421/month

10 Days on Market

About This Home

As of November 2020

Come take a look at this investment opportunity! Both units are rented on year leases through April of 2021, and the property is rental certified through February of 2022. Both units are now available for viewing any day from 5-7 pm with 24 hour notice.
Any/all offers will be reviewed 10/2/20 at 11 am.
Please respect current COVID guidelines while touring the property. Please wear masks and sanitize your hands when you enter. Thank you!

Last Agent to Sell the Property

Michelle Hedg-Peth

Key Realty Listed on: 09/23/2020

Last Buyer's Agent

Tim VandenToorn

United Realty Services LLC License #6502392770

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,250

Year Built

  • Built in 1900

Lot Details

  • 3,400 Sq Ft Lot
  • Lot Dimensions are 68x50x68x50
  • Corner Lot: Yes

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,250

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: 68x50x68x50
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1250.36
  • Tax Info:Zoning3: Residential
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Heat Type:Wall Furnace: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • List Price: 130000.0
  • Number of Buildings: 1
  • 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

Utilities

  • Heating: Wall Furnace, Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3400.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1250.36
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Nov 2, 2020
Sold by
Daza Mauricio
Bought by
Gregory Evan
Seller's Agent
Michelle Hedg-Peth
Key Realty
Buyer's Agent
Tim VandenToorn
United Realty Services LLC
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$211,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,256
Avg. Annual Appreciation
10.11%
Original Mortgage
$123,500
Outstanding Balance
$110,835
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$94,731

Purchase Details

Listed on
Dec 13, 2018
Closed on
Jan 25, 2019
Sold by
Mayfield Jerry V and Mayfield Judith M
Bought by
Daza Mauricio
Seller's Agent
Peter Westers
Five Star Real Estate (Grandv)
Buyer's Agent
Michelle Hedg-Peth
616 Realty LLC
List Price
$99,900
Sold Price
$98,800
Premium/Discount to List
-$1,100
-1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.67%
Original Mortgage
$74,100
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2015
Sold by
Mayfield Jerry V and Mayfield Judith M
Bought by
Mayfield Family Protection Trust

Purchase Details

Closed on
May 7, 2003
Sold by
Mayfield Judith M
Bought by
Mayfield Jerry V and Mayfield Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2000
Bought by
Oberlin Oberlin P and Oberlin P

Purchase Details

Closed on
May 22, 1997
Sold by
Bazen Bazen T and Bazen F
Bought by
Lake Ryan and Mayfield Judith M Jerry V

Purchase Details

Closed on
Jul 31, 1996
Sold by
Bazen Bazen T T and Bazen Lake R
Bought by
Mayfield Lake R and Mayfield Judith M Jerry

Purchase Details

Closed on
May 13, 1994
Bought by
Mayfield Judith M Jerry V

Purchase Details

Closed on
Nov 14, 1989
Bought by
Mayfield Judith M Jerry V
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
Gregory Evan $130,000 Sun Title Agency Of Mi Llc
Daza Mauricio $98,800 None Available
Mayfield Family Protection Trust -- Attorney
Mayfield Jerry V -- --
Mayfield Judith M $77,000 --
Oberlin Oberlin P $51,900 --
Lake Ryan $46,500 --
Mayfield Lake R $46,500 --
Mayfield Judith M Jerry V $42,200 --
Mayfield Judith M Jerry V $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregory Evan $123,500
Previous Owner Daza Mauricio $74,100
Previous Owner Mayfield Judith M $54,400
Previous Owner Mayfield Judith M $61,600
Previous Owner Veltman Ronald J $64,000
Closed Mayfield Judith M $3,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $130,000 0.0% --
10/03/2020 10/03/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $130,000 +31.6% --
01/24/2019 01/24/19 Sold $98,800 -1.1% --
12/24/2018 12/24/18 Pending -- -- --
12/13/2018 12/13/18 For Sale $99,900 -- --
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 $3,048 $91,600 $0 $0
2024 $3,048 $77,500 $0 $0
2023 $2,964 $66,200 $0 $0
2022 $2,323 $58,100 $0 $0
2021 $2,267 $52,600 $0 $0
2020 $2,435 $47,600 $0 $0
2019 $1,250 $40,300 $0 $0
2018 $1,212 $34,300 $0 $0
2017 $1,182 $25,200 $0 $0
2016 $1,188 $23,000 $0 $0
2015 $1,132 $23,000 $0 $0
2013 -- $24,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michelle Hedg-Peth

    Key Realty

  • Tim VandenToorn

    Buyer's Agent in 2020

    Tim VandenToorn

    United Realty Services LLC

    (616) 965-2304

    7 in this area

    93 Total Sales

    Section Image

  • P

    Seller's Agent in 2019

    Peter Westers

    Five Star Real Estate (Grandv)

    (616) 262-7288

    3 in this area

    95 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20039794

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-451-030

Michigan Kent County Grand Rapids 49505 Creston

457 Fernando St NE, Grand Rapids, MI

This home is located at 457 Fernando St NE, Grand Rapids, MI 49505 since 23 September 2020 and is currently estimated at $212,713. This property was built in 1900. 457 Fernando St NE is a home located in Kent County with nearby schools including Kent Hills 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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