NOT LISTED FOR SALE

459 Emerald Ave NE Grand Rapids, MI 49503

Midtown Grand Rapids Neighborhood

Estimated Value: $317,526 - $335,000

-- Bed
-- Bath
-- Sq Ft
5,271 Sq Ft Lot

Last Sold July 30, 2021

Last sale price $240,000

Est. 36% increase in value since last sale

Current estimated payment $2,137/month

5 Days on Market

About This Home

As of July 2021

Welcome to 459 Emerald! This fantastic two-unit building has a lower unit with four bedrooms and one bathrooms and glowing hardwood floors. The upper unit has two bedrooms, one bathroom, and charming trim work throughout. Located in Grand Rapids, midtown neighborhood, this great property is close to the Medical Mile, I-196 and more. Call us today to learn how to add this great property to your portfolio.

Last Agent to Sell the Property

Vince Villegas

License #6502340657 Listed on: 06/05/2021

Co-Listed By

Jared Swiger

License #6501422035

Last Buyer's Agent

Mike George

Clear Realty Group License #6501402830

Clear Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,177

Year Built

  • Built in 1915

Lot Details

  • 5,271 Sq Ft Lot
  • Lot Dimensions are 40x132

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 1 Parking Space
  • Paved Parking

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,177

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1915
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4176.78
  • Tax Info:Zoning3: Res
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 224900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 1.0
  • General Property Info:Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Cable Available, Natural Gas Connected, Electricity Connected, Sewer Available, Storm Sewer

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 40x132
  • Lot Size Sq Ft: 5271.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4176.78
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2021
Closed on
Jul 29, 2021
Sold by
Manager Of Spartan Real Estate Llc
Bought by
459 Emerald Avenue Llc
Seller's Agent
Vince Villegas
Buyer's Agent
Mike George
Clear Realty Group
List Price
$224,900
Sold Price
$240,000
Premium/Discount to List
$15,100
6.71%
Current Estimated Value
$325,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,882
Avg. Annual Appreciation
7.48%
Original Mortgage
$204,000
Outstanding Balance
$186,696
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$137,728

Purchase Details

Closed on
Jun 26, 2020
Sold by
Spartan Real Estate Llc
Bought by
49 Emerald Avenue Llc

Purchase Details

Listed on
Jul 25, 2018
Closed on
Aug 27, 2018
Sold by
Turning Point Property Managment Llc
Bought by
Udy Kevin and Udy Rachel
Seller's Agent
Jeff Blahnik
Five Star Real Estate (Main)
Buyer's Agent
Thomas Koetsier
Kay Courtney & Associates
List Price
$180,000
Sold Price
$180,150
Premium/Discount to List
$150
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%
Original Mortgage
$144,120
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 18, 1999
Sold by
Trng Helbling and Trng Point
Bought by
Trng Point and Turning Point Property Mgmt

Purchase Details

Closed on
Apr 30, 1999
Sold by
Fay Fay W W and Fay Helbling A
Bought by
Turning Helbling A and Turning Point Property Mgmt

Purchase Details

Closed on
Mar 14, 1988

Purchase Details

Closed on
Sep 1, 1987
Bought by
Turning Point Property Mgmt
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
459 Emerald Avenue Llc $240,000 None Available
49 Emerald Avenue Llc -- None Available
Spartan Real Estate Llc -- None Available
Udy Kevin $180,150 Star Title Agency Llc
Trng Point -- --
Turning Helbling A $56,000 --
-- $100 --
Turning Point Property Mgmt $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 459 Emerald Avenue Llc $204,000
Previous Owner Udy Kevin $144,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $240,000 +6.7% --
06/10/2021 06/10/21 Pending -- -- --
06/05/2021 06/05/21 For Sale $224,900 +24.8% --
08/24/2018 08/24/18 Sold $180,150 +0.1% --
07/30/2018 07/30/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $180,000 -- --
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 $4,907 $133,800 $0 $0
2024 $4,907 $128,500 $0 $0
2023 $4,911 $120,600 $0 $0
2022 $4,665 $109,100 $0 $0
2021 $4,152 $97,600 $0 $0
2020 $4,013 $85,400 $0 $0
2019 $4,109 $77,000 $0 $0
2018 $2,316 $72,400 $0 $0
2017 $2,260 $64,000 $0 $0
2016 $2,271 $54,200 $0 $0
2015 $2,164 $54,200 $0 $0
2013 -- $41,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2021

    Vince Villegas

    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jared Swiger

    Section Image

  • M

    Buyer's Agent in 2021

    Mike George

    Clear Realty Group

    (773) 531-3982

    1 in this area

    14 Total Sales

    Mike George
    Section Image

  • M

    Buyer's Agent in 2021

    Michael George

    Keller Williams GR East

  • Jeff Blahnik

    Seller's Agent in 2018

    Jeff Blahnik

    Five Star Real Estate (Main)

    (616) 292-3725

    4 in this area

    232 Total Sales

    Jeff Blahnik
    Section Image

  • T

    Buyer's Agent in 2018

    Thomas Koetsier

    Kay Courtney & Associates

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21021037

Southwestern Michigan Association of REALTORS®

APN: 41-14-20-351-022

Michigan Kent County Grand Rapids 49503 Midtown Grand Rapids

459 Emerald Ave NE, Grand Rapids, MI

This home is located at 459 Emerald Ave NE, Grand Rapids, MI 49503 since 05 June 2021 and is currently estimated at $325,882. This property was built in 1915. 459 Emerald Ave NE is a home located in Kent County with nearby schools including East Leonard Elementary 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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