NOT LISTED FOR SALE

461 Spring Ave NE Grand Rapids, MI 49503

Midtown Grand Rapids Neighborhood

Estimated Value: $266,723 - $293,000

-- Bed
-- Bath
-- Sq Ft
8,276 Sq Ft Lot

Last Sold June 11, 2015

Last sale price $48,000

Est. 488% increase in value since last sale

Current estimated payment $1,948/month

18 Days on Market

About This Home

As of June 2015

Grand Rapids Real Estate - Multi Unit Home on City's NE side. Up/Down 2 Unit with .2 acre lot. 2 Stall Detached Garage in rear accessed via alley. Home is located on quiet street just off Michigan/Diamond intersection close to the Medical Mile. Property is in need of some TLC

Last Agent to Sell the Property

Ryan Ogle

Bluhouse Properties LLC - I License #6502376991 Listed on: 04/17/2015

Bluhouse Properties LLC - I

Co-Listed By

Dan Steffee

Green Crown Real Estate LLC License #6506049140

Last Buyer's Agent

Allison Koetsier

Compass Realty Services License #6502378425

Compass Realty Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 48x170

Home Design

  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Unpaved Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 59900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8276.0
  • Zoning Description: Residental
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1653.96
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2017
Sold by
461 Spring Llc
Bought by
Proteus Innovative Technologies Llc
Total Days on Market
18
Current Estimated Value
$282,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Outstanding Balance
$204,319
Interest Rate
4.05%
Mortgage Type
Commercial
Estimated Equity
$77,862

Purchase Details

Closed on
May 24, 2016
Sold by
Kersjes David
Bought by
461 Spring Llc

Purchase Details

Listed on
Apr 17, 2015
Closed on
Jun 11, 2015
Sold by
Smith Justin and Smith Wendy
Bought by
Kersjes Dave
Seller's Agent
Ryan Ogle
Bluhouse Properties LLC - I
Buyer's Agent
Allison Koetsier
Compass Realty Services
List Price
$59,900
Sold Price
$48,000
Premium/Discount to List
-$11,900
-19.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.38%
Original Mortgage
$38,400
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 12, 2014
Sold by
Peapod Holdings Llc
Bought by
Smith Justin and Smith Wendy

Purchase Details

Listed on
Dec 16, 2011
Closed on
May 16, 2012
Sold by
Smith Justin
Bought by
Peapod Holdings Llc
Seller's Agent
Ryan Ogle
Bluhouse Properties LLC - I
Buyer's Agent
Ryan Ogle
Bluhouse Properties LLC - I
List Price
$39,900
Sold Price
$25,000
Premium/Discount to List
-$14,900
-37.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.63%

Purchase Details

Closed on
Apr 18, 2012
Sold by
Arens Jordan and The Estate Of Richard Herbert
Bought by
Smith Justin

Purchase Details

Closed on
Nov 22, 2006
Sold by
Montoya Juana and Montoya Jose
Bought by
Deutsche Bank National Trust Co and Ameriquest Mortgage Securities Inc Asset

Purchase Details

Closed on
Oct 25, 2002
Sold by
Toczylowski Stanley
Bought by
Montoya Jose and Montoya Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,815
Interest Rate
9.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 1991
Sold by
Toczylowski Toczylowski M M and Toczylowski Tczyls
Bought by
Peapod Holdings Llc
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
Proteus Innovative Technologies Llc $157,000 None Available
461 Spring Llc -- None Available
Kersjes Dave $48,000 Sun Title Agency Of Mi Llc
Smith Justin -- First American Title Ins Co
Peapod Holdings Llc -- None Available
Smith Justin $23,500 First American Title Ins Co
Deutsche Bank National Trust Co $107,156 None Available
Montoya Jose $95,000 --
Peapod Holdings Llc $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Proteus Innovative Technologies Llc $242,000
Closed Proteus Management Group Llc $242,000
Previous Owner 461 Spring Llc $100,000
Previous Owner 461 Springs Llc $10,000
Previous Owner Kersjes Dave $38,400
Previous Owner Arens Dick $60,000
Previous Owner Montoya Jose $101,600
Previous Owner Montoya Jose $79,815
Closed Montoya Jose $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2015 06/11/15 Sold $48,000 -19.9% --
05/05/2015 05/05/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $59,900 +139.6% --
07/10/2012 07/10/12 Sold $25,000 -37.3% --
03/16/2012 03/16/12 Pending -- -- --
12/16/2011 12/16/11 For Sale $39,900 -- --
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
2024 $4,370 $126,600 $0 $0
2023 $4,335 $117,100 $0 $0
2022 $4,120 $106,100 $0 $0
2021 $4,014 $94,900 $0 $0
2020 $3,880 $83,200 $0 $0
2019 $3,851 $74,800 $0 $0
2018 $3,851 $72,700 $0 $0
2017 $2,795 $52,500 $0 $0
2016 $2,808 $45,100 $0 $0
2015 $2,306 $45,100 $0 $0
2013 -- $32,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Ogle

    Seller's Agent in 2015

    Ryan Ogle

    Bluhouse Properties LLC - I

    (616) 862-1713

    6 in this area

    253 Total Sales

    Section Image
  • Dan Steffee

    Seller Co-Listing Agent in 2015

    Dan Steffee

    Green Crown Real Estate LLC

    (616) 490-4977

    6 in this area

    115 Total Sales

    Dan Steffee
    Section Image

  • A

    Buyer's Agent in 2015

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    2 in this area

    138 Total Sales

    Allison Koetsier
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15017579

Southwestern Michigan Association of REALTORS®

APN: 41-14-20-379-013

Michigan Kent County Grand Rapids 49503 Midtown Grand Rapids

461 Spring Ave NE, Grand Rapids, MI

This home is located at 461 Spring Ave NE, Grand Rapids, MI 49503 since 17 April 2015 and is currently estimated at $282,181. This property was built in 1918. 461 Spring 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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