NOT LISTED FOR SALE

500 Worden St SE Grand Rapids, MI 49507

Madison Area Neighborhood

Estimated Value: $247,000 - $297,000

8 Beds
2 Baths
-- Sq Ft
7,000 Sq Ft Lot

Last Sold December 30, 2022

Last sale price $195,000

Est. 41% increase in value since last sale

Current estimated payment $1,942/month

183 Days on Market

Highlights

  • 2 Fireplaces
  • Cooling System Mounted In Outer Wall Opening
  • High Speed Internet
  • Corner Lot: Yes
  • Forced Air Heating System
  • Wood Siding

About This Home

As of December 2022

Located just outside of East town, this two unit corner property is hard to find! Each side has three bedrooms and 1 bath. Shared off-street parking with separate sides of the basement.

Last Agent to Sell the Property

Anthony Moayyer

Moayyer Real Estate License #6501413583 Listed on: 09/22/2022

Last Buyer's Agent

Rachel Mabie

Bellabay Realty LLC License #6502424344

Bellabay Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,600

Year Built

  • Built in 1890

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50 x 120
  • Corner Lot: Yes

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2 Fireplaces
  • Basement
  • Michigan Basement

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,600

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50 X 120
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4600.0
  • Tax Info:Zoning3: R2
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Broadband: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding, Block
  • List Price: 229000.0
  • Lot Features: Corner Lot
  • Number of Buildings: 2
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Broadband Available, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Dimensions: 50 X 120
  • Lot Size Sq Ft: 7000.0
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4600.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Jan 23, 2023
Sold by
Hogan Iryonna
Bought by
Robelin Ruben
Seller's Agent
Anthony Moayyer
Moayyer Real Estate
Buyer's Agent
Rachel Mabie
Bellabay Realty LLC
List Price
$289,000
Sold Price
$195,000
Premium/Discount to List
-$94,000
-32.53%
Views
10
Current Estimated Value
$275,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,151
Avg. Annual Appreciation
12.43%
Original Mortgage
$156,000
Outstanding Balance
$151,615
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$115,014

Purchase Details

Listed on
Sep 30, 2020
Closed on
Nov 2, 2020
Sold by
Haveman Louis
Bought by
Hogan Iryonna
Seller's Agent
Eric Webster
Keller Williams Realty Rivertown
Buyer's Agent
Alisha Davey
United Realty Services LLC
List Price
$179,900
Sold Price
$155,000
Premium/Discount to List
-$24,900
-13.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%

Purchase Details

Listed on
Sep 30, 2020
Closed on
Oct 29, 2020
Sold by
500 Worden Street Se Llc
Bought by
Haveman Louis
Seller's Agent
Eric Webster
Keller Williams Realty Rivertown
Buyer's Agent
Alisha Davey
United Realty Services LLC
List Price
$179,900
Sold Price
$155,000
Premium/Discount to List
-$24,900
-13.84%

Purchase Details

Listed on
Aug 21, 2014
Closed on
Nov 25, 2014
Sold by
Relph Brian and Reed Amy
Bought by
500 Worden Street Se Llc
Seller's Agent
Randy Charboneau
Independence Realty (RSC)
Buyer's Agent
Eric Webster
Eric S. Webster
List Price
$69,900
Sold Price
$68,000
Premium/Discount to List
-$1,900
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.80%
Original Mortgage
$47,600
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 21, 2014
Closed on
Nov 14, 2014
Sold by
Scout Properties Llc
Bought by
Relph Brian and Reed Amy
Seller's Agent
Randy Charboneau
Independence Realty (RSC)
Buyer's Agent
Eric Webster
Eric S. Webster
List Price
$69,900
Sold Price
$68,000
Premium/Discount to List
-$1,900
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,600
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2005
Sold by
Garcia Edmer Barrios
Bought by
Scout Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 1999
Sold by
Brrs Ottoco
Bought by
Brrs and Scout Properties Llc

Purchase Details

Closed on
Sep 14, 1998
Sold by
Hodges Hodges J J and Hodges Ottaco
Bought by
Scout Properties Llc

Purchase Details

Closed on
Jun 24, 1997
Bought by
Hodges J and Scout Properties Llc

Purchase Details

Closed on
Dec 9, 1996
Bought by
Ottaco Inc

Purchase Details

Closed on
Nov 14, 1995
Bought by
Ottaco Inc

Purchase Details

Closed on
Jul 13, 1994

Purchase Details

Closed on
Sep 14, 1992
Sold by
Douglas Mgt and Preston Douglas
Bought by
Scout Properties Llc

Purchase Details

Closed on
Sep 17, 1991
Sold by
Douglas Redder M and Douglas Mgt
Bought by
Scout Properties Llc

Purchase Details

Closed on
Apr 24, 1989
Sold by
Douglas Redder and Douglas Mgmt
Bought by
Scout Properties 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
Robelin Ruben $195,000 Chicago Title
Hogan Iryonna $167,000 --
Hogan Iryonna -- River Valley Title
Haveman Louis $155,000 River Valley Title
500 Worden Street Se Llc -- None Available
Relph Brian $68,000 None Available
Scout Properties Llc $77,000 --
Brrs $12,900 --
Scout Properties Llc -- --
Hodges J -- --
Ottaco Inc -- --
Ottaco Inc -- --
-- -- --
Scout Properties Llc -- --
Scout Properties Llc -- --
Scout Properties Llc $16,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robelin Ruben $156,000
Previous Owner Relph Brian $47,600
Previous Owner Scout Properties Llc $65,000
Previous Owner Garcia Edmer Barrios $9,165
Previous Owner Garcia Edmer Barrios $48,000
Closed Hogan Iryonna $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $195,000 -14.8% --
11/29/2022 11/29/22 Pending -- -- --
10/10/2022 10/10/22 Price Changed $229,000 -13.6% --
09/28/2022 09/28/22 Price Changed $265,000 -8.3% --
09/22/2022 09/22/22 For Sale $289,000 0.0% --
07/01/2022 07/01/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $289,000 -3.3% --
05/30/2022 05/30/22 For Sale $299,000 +92.9% --
11/02/2020 11/02/20 Sold $155,000 -13.8% --
10/11/2020 10/11/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $179,900 +164.6% --
11/14/2014 11/14/14 Sold $68,000 -2.7% --
10/01/2014 10/01/14 Pending -- -- --
08/21/2014 08/21/14 For Sale $69,900 -- --
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 $5,354 $119,500 $0 $0
2024 $5,354 $110,500 $0 $0
2023 $5,285 $102,200 $0 $0
2022 $4,376 $90,600 $0 $0
2021 $4,526 $81,700 $0 $0
2020 $1,935 $69,800 $0 $0
2019 $1,921 $59,000 $0 $0
2018 $1,921 $47,400 $0 $0
2017 $1,874 $39,700 $0 $0
2016 $1,883 $35,100 $0 $0
2015 $1,794 $35,100 $0 $0
2013 -- $29,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Anthony Moayyer

    Moayyer Real Estate

    (616) 350-3429

    1 in this area

    87 Total Sales

    Anthony Moayyer
    Section Image
  • Rachel Mabie

    Buyer's Agent in 2022

    Rachel Mabie

    Bellabay Realty LLC

    (616) 821-0164

    1 in this area

    270 Total Sales

    Rachel Mabie
    Section Image

  • E

    Seller's Agent in 2020

    Eric Webster

    Keller Williams Realty Rivertown

  • A

    Buyer's Agent in 2020

    Alisha Davey

    United Realty Services LLC

  • Randy Charboneau

    Seller's Agent in 2014

    Randy Charboneau

    Independence Realty (RSC)

    (616) 262-0001

    93 Total Sales

    Randy Charboneau
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22020908

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-404-001

Michigan Kent County Grand Rapids 49507 Madison Area

500 Worden St SE, Grand Rapids, MI

This home is located at 500 Worden St SE, Grand Rapids, MI 49507 since 22 September 2022 and is currently estimated at $275,151. This property was built in 1890. 500 Worden St SE is a home located in Kent County with nearby schools including Campus Elementary School, 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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