NOT LISTED FOR SALE

510 Woodlawn St SE Grand Rapids, MI 49507

Madison Area Neighborhood

Estimated Value: $285,000 - $287,355

-- Bed
-- Bath
-- Sq Ft
5,000 Sq Ft Lot

Last Sold November 30, 2017

Last sale price $135,000

Est. 112% increase in value since last sale

Current estimated payment $1,706/month

5 Days on Market

About This Home

As of November 2017

Two unit up and down investment property! Fully occupied and well maintained with $1550 a month income. This is a deal you can not pass up! No showings until 11/1/17.

Last Agent to Sell the Property

Kyle Dee

United Realty Services LLC License #6501381872 Listed on: 10/27/2017

Last Buyer's Agent

Mary Noles Brentwood 141

RE/MAX Of Grand Rapids License #6501398113

RE/MAX Of Grand Rapids

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 1900

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 40x125

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,900

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x125
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1900.0
  • Tax Info:Zoning3: RES
  • 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
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: 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
  • Utilities Attached:Telephone Line: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 136900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 5000.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1900.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2017
Closed on
Nov 30, 2017
Sold by
Frantz Joanthan
Bought by
Drushel Derek M
Seller's Agent
Kyle Dee
United Realty Services LLC
Buyer's Agent
Mary Noles Brentwood 141
RE/MAX Of Grand Rapids
List Price
$137,000
Sold Price
$135,000
Premium/Discount to List
-$2,000
-1.46%
Current Estimated Value
$286,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,089
Avg. Annual Appreciation
10.12%
Original Mortgage
$101,250
Outstanding Balance
$85,399
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$200,644

Purchase Details

Listed on
Jul 5, 2016
Closed on
Aug 26, 2016
Sold by
Durall Mathew and Durall Lisa
Bought by
Frantz Jonathan
Seller's Agent
Amy Klein
Coldwell Banker Schmidt Realtors
Buyer's Agent
Jim King
Greenridge Realty (Summit)
List Price
$62,000
Sold Price
$61,200
Premium/Discount to List
-$800
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.36%
Original Mortgage
$45,750
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2006
Sold by
Brown Ben
Bought by
Deutsche Bank National Trust Co and Argent Mortgage Loan Asset Backed Notes

Purchase Details

Closed on
Apr 12, 2006
Sold by
Brown Ben
Bought by
Deutsche Bank National Trust Co and Argent Mortgage Loan Asset Backed Notes

Purchase Details

Closed on
Feb 19, 2004
Sold by
Gritter Marvin
Bought by
Brown Ben

Purchase Details

Closed on
Mar 26, 1998
Sold by
Btchr Btchr C C and Btchr Gritter M
Bought by
Durall Gritter M and Durall Mathew Lisa

Purchase Details

Closed on
Mar 23, 1997
Sold by
Gritter Marvin
Bought by
Brown Ben

Purchase Details

Closed on
Sep 1, 1996
Sold by
Gritter Ts and Gritter Butcher C
Bought by
Durall Butcher C and Durall Mathew Lisa

Purchase Details

Closed on
Aug 28, 1996
Sold by
Gritter Swidwa P and Gritter Ts
Bought by
Gritter Ts and Durall Mathew Lisa

Purchase Details

Closed on
Aug 17, 1995
Sold by
Gritter Gritter M M and Gritter Swidwa P
Bought by
Durall Swidwa P and Durall Mathew Lisa

Purchase Details

Closed on
Aug 14, 1995
Sold by
Bono Bono C C and Bono Gritter M
Bought by
Durall Mathew Lisa

Purchase Details

Closed on
Jun 29, 1995
Sold by
Gritter Grttr and Gritter Ts
Bought by
Durall Mathew Lisa

Purchase Details

Closed on
Oct 15, 1992
Sold by
Gritter Gritter M M and Gritter Bono C
Bought by
Durall Mathew Lisa

Purchase Details

Closed on
Dec 17, 1980
Sold by
Feenstra Frank Henrietta
Bought by
Berens Larry D Paula M and Durall Mathew Lisa

Purchase Details

Closed on
Dec 9, 1980

Purchase Details

Closed on
Jun 13, 1980
Sold by
Bouwkamp Peter Denise
Bought by
Feenstra Frank Henrietta and Durall Mathew Lisa
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
Drushel Derek M $135,000 Chicago Title Of Michigan In
Frantz Jonathan $61,200 None Available
Deutsche Bank National Trust Co -- None Available
Deutsche Bank National Trust Co $67,500 None Available
Brown Ben $21,642 Nta
Durall Gritter M -- --
Brown Ben -- --
Durall Brown B -- --
Durall Butcher C -- --
Gritter Ts -- --
Durall Swidwa P -- --
Durall Mathew Lisa $100 --
Durall Mathew Lisa -- --
Durall Mathew Lisa -- --
Berens Larry D Paula M -- --
-- $11,000 --
Feenstra Frank Henrietta $4,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drushel Derek M $101,250
Previous Owner Frantz Jonathan $63,000
Previous Owner Frantz Jonathan $45,750
Previous Owner Durall Mathew $4,200
Previous Owner Durall Mathew $16,000
Previous Owner Durall Mathew $44,145
Previous Owner Brown Ben $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $135,000 -1.5% --
11/01/2017 11/01/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $137,000 +123.9% --
08/26/2016 08/26/16 Sold $61,200 -1.3% --
07/14/2016 07/14/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $62,000 -- --
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 $2,182 $99,500 $0 $0
2024 $2,182 $92,000 $0 $0
2023 $2,164 $81,600 $0 $0
2022 $2,057 $67,800 $0 $0
2021 $2,004 $61,300 $0 $0
2020 $1,937 $52,400 $0 $0
2019 $1,984 $44,300 $0 $0
2018 $1,923 $36,300 $0 $0
2017 $1,836 $30,500 $0 $0
2016 $1,412 $27,000 $0 $0
2015 $1,345 $27,000 $0 $0
2013 -- $26,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kyle Dee

    United Realty Services LLC

  • M

    Buyer's Agent in 2017

    Mary Noles

    Keller Williams GR East

  • A

    Seller's Agent in 2016

    Amy Klein

    Coldwell Banker Schmidt Realtors

  • J

    Buyer's Agent in 2016

    Jim King

    Greenridge Realty (Summit)

    (616) 284-1529

    41 Total Sales

    Jim King
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17053582

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-456-003

Michigan Kent County Grand Rapids 49507 Madison Area

510 Woodlawn St SE, Grand Rapids, MI

This home is located at 510 Woodlawn St SE, Grand Rapids, MI 49507 since 27 October 2017 and is currently estimated at $286,089. This property was built in 1900. 510 Woodlawn 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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