NOT LISTED FOR SALE

504 & 508 Highland St Grand Rapids, MI 49507

Madison Area Neighborhood

Estimated Value: $238,000 - $267,590

-- Bed
-- Bath
-- Sq Ft
7,318 Sq Ft Lot

Last Sold May 05, 2022

Last sale price $203,000

Est. 17% increase in value since last sale

Current estimated payment $1,774/month

7 Days on Market

Highlights

  • 2 Fireplaces
  • 3 Car Garage
  • 5-minute walk to Alexander Park
  • Forced Air Heating System
  • Wood Siding

About This Home

As of May 2022

Great opportunity to own two income producing homes on one lot.
The large home has four bedrooms, one bath. The roof was new in 2020 and the kitchen was updated in 2021.
The smaller home has 1 bedroom with the sunroom being used as a 2nd bedroom. There is a stairway to the attic and could possibly be finished.
The tenants are renting month to month and have been wonderful, long term tenants.
City certs are good through 04/17/2027 for both houses.
This home will require cash offer or portfolio loan. The small back house is grandfathered, but non conforming and can't be rebuilt if it burned downed. Buyer to verify all information. Seller is a licensed real estate agent in MI .Offers are due Monday April 18, 2022 at 12:00.
One of the bedrooms in the large and small house doesn't ha closet.
Buyer and buyer agent to verify all information.

Last Agent to Sell the Property

Mary Niewenhuis

Five Star Real Estate (Grandv) License #6501382364 Listed on: 04/11/2022

Five Star Real Estate (Grandv)

Last Buyer's Agent

Steve Volkers

Five Star Real Estate (M6) License #6502426272

Five Star Real Estate (M6)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,152

Year Built

  • Built in 1922

Lot Details

  • 7,318 Sq Ft Lot
  • Lot Dimensions are 60x122

Parking

  • 3 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2 Fireplaces

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

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

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,152

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1922
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60x122
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2152.03
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Crawl Space: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2
  • Basement: Crawl Space, Full

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 159900.0
  • Number of Buildings: 2
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 60x122
  • Lot Size Sq Ft: 7318.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2152.03
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
May 5, 2022
Sold by
Mary Niewenhuis
Bought by
Quest Trust Company and John R Gunn Ira 4415611
Seller's Agent
Mary Niewenhuis
Five Star Real Estate (Grandv)
Buyer's Agent
Steve Volkers
Five Star Real Estate (M6)
List Price
$159,900
Sold Price
$203,000
Premium/Discount to List
$43,100
26.95%
Current Estimated Value
$237,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,556
Avg. Annual Appreciation
5.64%

Purchase Details

Closed on
Jul 21, 2014
Sold by
Duke Michael T
Bought by
Duke Mary Ann and Pausinga Mary Ann

Purchase Details

Closed on
Sep 27, 2005
Sold by
Rocco Joseph D
Bought by
Herrema Mary

Purchase Details

Closed on
Feb 18, 2000
Sold by
Rocco Rdrgz M and Rocco Jsph D
Bought by
Rocco Jsph D and Herrema Mary

Purchase Details

Closed on
Jul 23, 1997
Bought by
Gr Hsg Comm and Herrema Mary

Purchase Details

Closed on
Dec 28, 1985

Purchase Details

Closed on
Dec 28, 1984
Sold by
Brrsm Brrsm B B and Brrsm Rodrigez M
Bought by
Herrema Mary
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
Quest Trust Company $203,000 None Listed On Document
Duke Mary Ann -- None Available
Herrema Mary $71,000 Fatic
Rocco Jsph D $39,900 --
Gr Hsg Comm -- --
-- $9,500 --
Herrema Mary $9,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2022 05/05/22 Sold $203,000 +27.0% --
04/18/2022 04/18/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $159,900 -- --
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 $5,757 $127,600 $0 $0
2024 $5,757 $117,400 $0 $0
2023 $5,587 $109,900 $0 $0
2022 $2,196 $91,500 $0 $0
2021 $2,139 $82,800 $0 $0
2020 $2,068 $70,900 $0 $0
2019 $2,117 $60,600 $0 $0
2018 $2,052 $50,200 $0 $0
2017 $2,002 $42,200 $0 $0
2016 $2,012 $37,500 $0 $0
2015 $1,917 $37,500 $0 $0
2013 -- $41,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mary Niewenhuis

    Five Star Real Estate (Grandv)

    (616) 294-0188

    1 in this area

    49 Total Sales

    Section Image
  • Steve Volkers

    Buyer's Agent in 2022

    Steve Volkers

    Five Star Real Estate (M6)

    (616) 717-2179

    3 in this area

    185 Total Sales

    Section Image

  • S

    Buyer's Agent in 2022

    Steven Volkers

    SVG Real Estate Firm - I

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22011942

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-454-002

Michigan Kent County Grand Rapids 49507 Madison Area

504 & 508 Highland St, Grand Rapids, MI

This home is located at 504 & 508 Highland St, Grand Rapids, MI 49507 since 11 April 2022 and is currently estimated at $248,398. This property was built in 1922. 504 & 508 Highland St 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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