$180,150
SOLD AUG 24, 2018

459 Emerald Ave NE Grand Rapids, MI 49503

Midtown Grand Rapids Neighborhood
-- Bed
-- Bath
-- Sq Ft
5,270 Sq Ft Lot

Recently Sold

5 Days on Market

About This Home

As of July 2021

This solid investment property in the popular Midtown area is yours for the taking. A 2 unit house with a backyard and off street parking. Lower unit includes 4 bedrooms 1 bath. Upper unit includes 2 bedrooms, 1 bath.
Minutes from downtown.

Last Agent to Sell the Property

Jeff Blahnik

Five Star Real Estate (Main) License #6502124015 Listed on: 07/25/2018

Five Star Real Estate (Main)

Last Buyer's Agent

Thomas Koetsier

Kay Courtney & Associates

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,304

Year Built

  • Built in 1915

Lot Details

  • 5,270 Sq Ft Lot

Parking

  • 1 Parking Space

Home Design

  • Composition Roof

Utilities

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

Community Details

  • 2 Units
  • Insurance Expense $885

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,304

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 180000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Sewer

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5270.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 885.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2303.72
  • Tax Year: 2017

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%
Total Days on Market
5
Current Estimated Value
$302,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,475
Avg. Annual Appreciation
6.59%
Original Mortgage
$204,000
Outstanding Balance
$187,489
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$119,388

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
8.16%
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 Type Sale Price Title Company
Warranty Deed $240,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $180,150 Star Title Agency Llc
Quit Claim Deed -- --
Warranty Deed $56,000 --
Deed $100 --
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,000 New Conventional
Previous Owner $151,500 New Conventional
Previous Owner $147,200 New Conventional
Previous Owner $144,120 Adjustable Rate Mortgage/ARM
Previous Owner $17,970 Commercial
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
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

  • Vince Villegas

    Seller's Agent in 2021

    Vince Villegas

    (616) 920-0291

    4 in this area

    151 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jared Swiger

    Villegas Group

    (616) 485-5829

    1 in this area

    39 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    Mike George

    Clear Realty Group

    1 in this area

    12 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

    246 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: 18035493

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 and is currently priced at $180,150. 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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