NOT LISTED FOR SALE

4753 Circle Shore Dr SE Grand Rapids, MI 49508

Estimated Value: $368,000 - $508,063

-- Bed
-- Bath
-- Sq Ft
0.35 Acres

Last Sold July 01, 2020

Last sale price $325,000

Est. 52% increase in value since last sale

Current estimated payment $3,259/month

3 Days on Market

About This Home

As of July 2020

INVESTMENT opportunity in the City of Kentwood!! Well managed property functioning well with long term tenants, don't miss out on one of the few 4 units anywhere in Grand Rapids area!!

Up and down units with 2 bedrooms, and 1 bathroom. Separate meters for all the units, and they come with washer/dryer hookups, central AC, single stall garage and open living space floor plan.

Call for a showing today!!

Last Agent to Sell the Property

Jason Johnston

Compass Realty Services License #6502408828 Listed on: 06/18/2020

Compass Realty Services

Last Buyer's Agent

Lisa VanStrien

Five Star Real Estate (Main) License #6501403167

Five Star Real Estate (Main)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,092

Year Built

  • Built in 1983

Lot Details

  • 0.35

Parking

  • 8 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, sewer

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,200
  • Manager Expense $2,400
  • Gross Income $37,980

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,092

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Brick
  • List Price: 324995.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Public Sewer, Cable Connected

Lot Info

  • Zoning Description: R4
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 37980.0
  • Insurance Expense: 1200.0
  • Manager Expense: 2400.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 5092.24
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Jul 1, 2020
Sold by
Vanstrien Peter Van and Vanstrien Van Strien
Bought by
New Beginnings Property Management Llc
Seller's Agent
Jason Johnston
Compass Realty Services
Buyer's Agent
Lisa VanStrien
Five Star Real Estate (Main)
List Price
$324,995
Sold Price
$325,000
Premium/Discount to List
$5
0.002%
Total Days on Market
3
Current Estimated Value
$493,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,792
Avg. Annual Appreciation
7.48%

Purchase Details

Closed on
May 5, 2017
Sold by
Caudle Christopher and Caudle Megan
Bought by
Cjc Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2017
Sold by
Bonser Properties Llc
Bought by
Caudle Christopher and Caudle Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2006
Sold by
Bonser Alan L and Bonser Luanne J
Bought by
Bonser Properties Llc

Purchase Details

Closed on
Aug 5, 2004
Sold by
Halsey Jeffrey and Halsey Kristen
Bought by
Bonser Alan L and Bonser Luanne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2003
Sold by
Jaarsma David and Jaarsma Janice C
Bought by
Halsey Jeffrey and Halsey Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage
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
New Beginnings Property Management Llc -- None Available
Vanstrien Peter Van $325,000 None Available
Cjc Rentals Llc -- None Available
Caudle Christopher -- None Available
Bonser Properties Llc -- None Available
Bonser Alan L $289,000 Metropolitan Title Company
Halsey Jeffrey $270,000 Metropolitan Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caudle Christopher $213,000
Previous Owner Bonser Alan L $236,000
Previous Owner Bonser Alan L $231,200
Previous Owner Halsey Jeffrey $243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $325,000 0.0% --
06/21/2020 06/21/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $324,995 -- --
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 $6,004 $217,400 $0 $0
2024 $6,004 $207,900 $0 $0
2023 $7,399 $191,700 $0 $0
2022 $7,019 $147,200 $0 $0
2021 $6,851 $122,300 $0 $0
2020 $3,766 $120,300 $0 $0
2019 $5,092 $112,000 $0 $0
2018 $4,980 $88,200 $0 $0
2017 $3,144 $66,500 $0 $0
2016 $3,068 $62,100 $0 $0
2015 $2,993 $62,100 $0 $0
2013 -- $53,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Johnston

    Seller's Agent in 2020

    Jason Johnston

    Compass Realty Services

    (616) 498-0403

    1 in this area

    80 Total Sales

    Jason Johnston
    Section Image

  • L

    Buyer's Agent in 2020

    Lisa VanStrien

    Five Star Real Estate (Main)

    (616) 350-2625

    1 in this area

    25 Total Sales

    Lisa VanStrien
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20022610

Southwestern Michigan Association of REALTORS®

APN: 41-18-28-194-026

Michigan Kent County Grand Rapids 49508

4753 Circle Shore Dr SE, Grand Rapids, MI

This home is located at 4753 Circle Shore Dr SE, Grand Rapids, MI 49508 since 18 June 2020 and is currently estimated at $464,766. This property was built in 1983. 4753 Circle Shore Dr SE is a home located in Kent County with nearby schools including Challenger Elementary, Crestwood Middle School, and East Kentwood 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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