NOT LISTED FOR SALE

48 Portsmouth Place NE Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $366,000 - $401,000

-- Bed
-- Bath
-- Sq Ft
3,615 Sq Ft Lot

Last Sold January 10, 2024

Last sale price $350,000

Est. 11% increase in value since last sale

Current estimated payment $2,395/month

92 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • High Speed Internet
  • Window Unit Cooling System
  • Laundry Facilities
  • 3-minute walk to Baldwin Park

About This Home

As of January 2024

This Heritage Hill Charmer. This sensible 2-unit offers a straightforward floor plan in an up/down configuration. Main floor apartment is 1 bed/1 bath with large living, dining and a fireplace. Upper is a 2 bed/1 bath with living and a large kitchen. Full shared basement with laundry and storage, enclosed front porch and a private backyard with a large deck. Incredible location adjacent to downtown/medical as well as shopping/restaurants in Cherry Hill, Wealthy Street and Eastown.

Last Agent to Sell the Property

Chad Sytsma

Greenridge Realty (EGR) License #6501353016 Listed on: 09/13/2023

Last Buyer's Agent

melisa utz

Success Realty West Michigan License #6501423130

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,299

Year Built

  • Built in 1910

Lot Details

  • 3,615 Sq Ft Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Parking Space
  • Driveway
  • Paved Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Individual Gas Meter
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,299

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40 * 90
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 6298.7
  • Tax Info:Zoning3: LDR - Historic
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Extras:Sep Gas Meter: Yes
  • Laundry Features In Basement: Yes
  • Laundry Features Common Area: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 349900.0
  • Lot Features: Level
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, Paved
  • Total Parking Spaces: 1.0
  • General Property Info:Total Parking Spaces: 1.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Common Area, In Basement
  • Sewer: Public Sewer
  • Utilities: Phone Available, Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Broadband Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 40 * 90
  • Lot Size Sq Ft: 3615.0
  • Zoning Description: LDR - Historic
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 6298.7
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Jan 10, 2024
Sold by
Scofield Thomas L and Scofield Pamela M
Bought by
Lock Nicholas J
Seller's Agent
Chad Sytsma
Greenridge Realty (EGR)
Buyer's Agent
melisa utz
Success Realty West Michigan
List Price
$369,900
Sold Price
$350,000
Premium/Discount to List
-$19,900
-5.38%
Views
66
Current Estimated Value
$387,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,372
Avg. Annual Appreciation
5.32%
Original Mortgage
$315,000
Outstanding Balance
$310,589
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$69,648

Purchase Details

Closed on
Apr 13, 2007
Sold by
Toczydlowski Paul and Toczydlowski Karen
Bought by
Scofield Thomas L and Scofield Pamela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 1980
Source: Public Records

Range of Values:

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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
Lock Nicholas J $350,000 Sun Title
Scofield Thomas L $170,000 None Available
-- $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lock Nicholas J $315,000
Previous Owner Scofield Thomas L $144,000
Previous Owner Scofield Thomas L $153,000
Previous Owner Toczydlowski Paul $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $350,000 0.0% --
12/14/2023 12/14/23 Pending -- -- --
12/11/2023 12/11/23 Price Changed $349,900 -4.1% --
12/01/2023 12/01/23 Price Changed $364,900 -1.4% --
09/13/2023 09/13/23 For Sale $369,900 -- --
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 $3,408 $144,900 $0 $0
2024 $3,408 $137,600 $0 $0
2023 $3,380 $121,100 $0 $0
2022 $3,213 $104,200 $0 $0
2021 $3,130 $102,900 $0 $0
2020 $3,025 $94,400 $0 $0
2019 $3,098 $85,100 $0 $0
2018 $3,003 $78,500 $0 $0
2017 $2,929 $71,700 $0 $0
2016 $2,944 $61,200 $0 $0
2015 $2,805 $61,200 $0 $0
2013 -- $54,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Sytsma

    Seller's Agent in 2024

    Chad Sytsma

    Greenridge Realty (EGR)

    (616) 813-2436

    8 in this area

    121 Total Sales

    Section Image

  • m

    Buyer's Agent in 2024

    melisa utz

    Success Realty West Michigan

    (616) 447-3000

    1 in this area

    124 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23133738

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-255-008

Michigan Kent County Grand Rapids 49503 Heritage Hill

48 Portsmouth Place NE, Grand Rapids, MI

This home is located at 48 Portsmouth Place NE, Grand Rapids, MI 49503 since 13 September 2023 and is currently estimated at $390,291. This property was built in 1910. 48 Portsmouth Place NE is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, Alger Middle School, and Ottawa Hills 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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