NOT LISTED FOR SALE

4704 36th St SW Unit 4706 Grandville, MI 49418

Estimated Value: $433,987 - $510,000

-- Bed
4 Baths
-- Sq Ft
0.4 Acres

Last Sold December 19, 2014

Last sale price $183,000

Est. 152% increase in value since last sale

Current estimated payment $3,057/month

Highlights

  • Halls are 36 inches wide or more
  • Forced Air Heating and Cooling System
  • Level Lot
  • West Elementary School Rated A-
  • 2 Car Garage
  • Doors are 36 inches wide or more

About This Home

As of December 2014

Rare find! Sharp 1995 built duplex in Grandville boasting a full 3 beds and 2 baths each side as well as fully split utilities, so each tenant pays their own everything, including water! Lower rents needed than surrounding duplexes to yield higher profitability! Each unit boasts private natural gas furnace, water heater, central air, all kitchen appliances and washer/dryer hookup. Set appt today!

Last Agent to Sell the Property

John Cremer

Five Star Real Estate (Grandv) License #6502418398 Listed on: 11/10/2014

Last Buyer's Agent

John Cremer

Five Star Real Estate (Grandv) License #6502418398 Listed on: 11/10/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 115 x 153
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Basement

  • Natural lighting in basement

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 36 inches wide or more

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $720
  • Maintenance Expense $200
  • Operating Expense $250
  • Gross Income $24,300
  • Net Operating Income $23,130

Property Details

Home Type

Multi-Family

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1995
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 115 x 153
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4650.0
  • Tax Info:Zoning3: 401 - RES
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Accessibility Feat:_three_6_squote_ or Hallway: Yes
  • Substructure:Daylight: Yes
  • Accessibility Feat:_three_6 Inch Entrance Doo: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: 36 Inch Entrance Doo, 36' or + Hallway
  • Basement: Basement, Daylight

Exterior Features

  • List Price: 189900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: Yes
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Size Sq Ft: 17575.0
  • Zoning Description: 401 - RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 24300.0
  • Insurance Expense: 720.0
  • Maintenance Expense: 200.0
  • Net Operating Income: 23130.0
  • Number of Units Total: 2
  • Operating Expense: 250.0

Tax Info

  • Tax Annual Amount: 4650.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2014
Closed on
Dec 18, 2014
Sold by
Avink Cynthia S
Bought by
Torres Joseph and Torres Meghan
Seller's Agent
John Cremer
Five Star Real Estate (Grandv)
Buyer's Agent
John Cremer
Five Star Real Estate (Grandv)
List Price
$189,900
Sold Price
$183,000
Premium/Discount to List
-$6,900
-3.63%
Current Estimated Value
$460,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,497
Avg. Annual Appreciation
8.60%
Original Mortgage
$183,000
Interest Rate
3.95%
Mortgage Type
VA

Purchase Details

Closed on
Feb 13, 2001
Sold by
Albeiruti M S and Albeiruti Basima
Bought by
Avink David A and Avink Cynthia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 1998
Bought by
Avink Albeiruti M and Avink Cynthia S

Purchase Details

Closed on
Jun 5, 1996
Sold by
Vander Markt John
Bought by
Gill Properties Llc and Avink Cynthia S

Purchase Details

Closed on
Sep 6, 1995
Sold by
Vanderberg Gerald R
Bought by
Vander Markt John and Avink Cynthia S

Purchase Details

Closed on
Aug 3, 1995
Sold by
Coy Ric Allen
Bought by
Vanderberg Gerald R and Avink Cynthia S
Source: Public Records

Range of Values:

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Average Value
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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
Torres Joseph $183,000 None Available
Avink David A $180,000 --
Avink Albeiruti M $178,000 --
Gill Properties Llc $195,000 --
Vander Markt John $35,000 --
Vanderberg Gerald R $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Joseph $170,039
Closed Torres Joseph $183,000
Previous Owner Avink David $180,750
Previous Owner Avink David A $131,000
Previous Owner Avink David A $138,500
Previous Owner Avink David A $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2014 12/19/14 Sold $183,000 -3.6% --
11/10/2014 11/10/14 Pending -- -- --
11/10/2014 11/10/14 For Sale $189,900 -- --
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 $6,579 $211,600 $0 $0
2024 $6,579 $200,100 $0 $0
2023 $6,108 $184,500 $0 $0
2022 $6,037 $170,300 $0 $0
2021 $5,903 $156,600 $0 $0
2020 $5,506 $142,400 $0 $0
2019 $5,557 $127,700 $0 $0
2018 $5,499 $114,100 $0 $0
2017 $4,435 $101,400 $0 $0
2016 $4,314 $94,200 $0 $0
2015 -- $94,200 $0 $0
2013 -- $86,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14061786

Southwestern Michigan Association of REALTORS®

APN: 41-17-19-105-036