Seller's Agent in 2025
Filloreta Balaj-Elezi
EXP Realty LLC
(616) 570-4188
9 in this area
254 Total Sales
463 Gilbert St SE Grand Rapids, MI 49507
Madison Area Neighborhood
4
Beds
2
Baths
1,526
Sq Ft
6,970
Sq Ft Lot
Highlights
- Traditional Architecture
- Eat-In Kitchen
- Living Room
- Porch
- Storm Windows
- Forced Air Heating System
About This Home
As of March 2025Welcome to this spacious and adaptable SE-side property, offering endless possibilities for modern living! This home is perfect for families seeking flexibility and potential income generation. Here are some of its standout features: Currently set up as two 2-bedroom apartments, it also features a full basement, large backyard and off-street parking. With a 4-year-old roof, replacement windows installed within the last 3 years, and a fully renovated interior, this property is not only versatile but also in good condition. The upstairs portion of the house currently includes a kitchen but can easily convert back into a traditional single-family layout with four bedrooms. Enjoy the convenience of having everything you need right at your doorstep. It is currently rented for $2000/mo.
Last Agent to Sell the Property
616 Realty LLC License #6506048006 Listed on: 09/07/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,222
Year Built
- Built in 1911
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 55 x 127
- Level Lot
- Back Yard Fenced
Home Design
- Traditional Architecture
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,526 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Replacement Windows
- Window Screens
- Living Room
- Dining Area
- Basement Fills Entire Space Under The House
- Storm Windows
Kitchen
- Eat-In Kitchen
- Range
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 7, 2024
Closed on
Mar 14, 2025
Sold by
Esperance Nizigiyimana and Mediatrice Nijimbere
Bought by
Olsen Lily
Seller's Agent
Filloreta Balaj-Elezi
EXP Realty LLC
Buyer's Agent
Jean Blauser
The Local Element
List Price
$215,000
Sold Price
$197,000
Premium/Discount to List
-$18,000
-8.37%
Views
1811
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,089
Avg. Annual Appreciation
11.89%
Original Mortgage
$191,090
Outstanding Balance
$190,280
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$18,809
Purchase Details
Listed on
Sep 7, 2023
Closed on
Mar 26, 2024
Sold by
Delgado Eleazar
Bought by
Esperance Nizigiyimana and Mediatrice Nijimbere
Seller's Agent
Catherine Conklin
616 Realty LLC
Buyer's Agent
Samuel Mwabi
Greenridge Realty (Kentwood)
List Price
$220,000
Sold Price
$200,000
Premium/Discount to List
-$20,000
-9.09%
Views
431
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.55%
Original Mortgage
$183,150
Interest Rate
6.9%
Mortgage Type
FHA
Purchase Details
Listed on
Oct 23, 2019
Closed on
Jan 30, 2020
Sold by
Wilkins J D J and Wilkins Dorothy
Bought by
Delgado Eleazer
Seller's Agent
Melvin Fountain
Coldwell Banker Schmidt Realtors
Buyer's Agent
Melvin Fountain
Coldwell Banker Schmidt Realtors
List Price
$85,000
Sold Price
$85,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.90%
Purchase Details
Closed on
Mar 17, 2005
Sold by
Wilkins J D and Wilkins Sarah
Bought by
Wilkins J D and Wilkins Dorothy
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $197,000 | None Listed On Document | |
| Warranty Deed | $200,000 | Chicago Title | |
| Warranty Deed | $85,000 | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $191,090 | New Conventional | |
| Previous Owner | $183,150 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | Sold | $197,000 | -1.0% | $129 / Sq Ft |
| 02/15/2025 02/15/25 | Pending | -- | -- | -- |
| 02/05/2025 02/05/25 | Price Changed | $199,000 | -7.4% | $130 / Sq Ft |
| 12/07/2024 12/07/24 | For Sale | $215,000 | +7.5% | $141 / Sq Ft |
| 03/26/2024 03/26/24 | Sold | $200,000 | -4.8% | $131 / Sq Ft |
| 01/15/2024 01/15/24 | Pending | -- | -- | -- |
| 10/05/2023 10/05/23 | Price Changed | $210,000 | -4.5% | $138 / Sq Ft |
| 09/07/2023 09/07/23 | For Sale | $220,000 | +158.8% | $144 / Sq Ft |
| 01/31/2020 01/31/20 | Sold | $85,000 | 0.0% | $56 / Sq Ft |
| 01/08/2020 01/08/20 | Pending | -- | -- | -- |
| 10/23/2019 10/23/19 | For Sale | $85,000 | -- | $56 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $1,883 | $98,300 | $0 | $0 |
| 2024 | $1,883 | $88,000 | $0 | $0 |
| 2023 | $3,162 | $82,000 | $0 | $0 |
| 2022 | $3,005 | $68,800 | $0 | $0 |
| 2021 | $3,030 | $56,100 | $0 | $0 |
| 2020 | $466 | $49,600 | $0 | $0 |
| 2019 | $488 | $39,600 | $0 | $0 |
| 2018 | $471 | $31,800 | $0 | $0 |
| 2017 | $459 | $26,700 | $0 | $0 |
| 2016 | $464 | $25,700 | $0 | $0 |
| 2015 | $432 | $25,700 | $0 | $0 |
| 2013 | -- | $29,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Filloreta Balaj-Elezi
-
Jean Blauser
J
Buyer's Agent in 2025
Jean Blauser
The Local Element
(616) 581-1703
1 in this area
39 Total Sales
-
Catherine Conklin
C
Seller's Agent in 2024
Catherine Conklin
616 Realty LLC
(616) 421-5327
2 in this area
70 Total Sales
-
Samuel Mwabi
S
Buyer's Agent in 2024
Samuel Mwabi
Greenridge Realty (Kentwood)
(616) 375-0697
1 in this area
35 Total Sales
-
Melvin Fountain
M
Seller's Agent in 2020
Melvin Fountain
Coldwell Banker Schmidt Realtors
(616) 340-4620
3 in this area
27 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23133047
APN: 41-18-06-202-030
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