$90,000
SOLD AUG 11, 2020

511 Woodlawn St SE Grand Rapids, MI 49507

Madison Area Neighborhood
-- Bed
-- Bath
-- Sq Ft
4,880 Sq Ft Lot

Recently Sold

31% Below List Price

127 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • 5-minute walk to Alexander Park
  • End Unit
  • Wood Siding

About This Home

As of April 2021

Two Family. Two bed and one bath per unit. Each unit offers original wood flooring, beautiful wood trim and original wood doors. Original claw foot tub in the upper unit. Each unit has a deck facing the back yard. Two stall garage accessible from rear of home. Sidewalks to the bus stop, grocery store, coffee shops & restaurants. Great investment property. Each unit could rent for as much as $900/mo. ? Separate furnace & water heater on each unit. Roof does need to be replaced. Sold as is. CASH SALE ONLY.

Last Agent to Sell the Property

Arlene Brandt

Greenridge Realty (West) Listed on: 03/04/2020

Last Buyer's Agent

frank boenzi

Bellabay Realty (SW) License #6501396924

Bellabay Realty (SW)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,880 Sq Ft Lot
  • Lot Dimensions are 40 x 122
  • The property's road front is unimproved
  • End Unit

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Connected
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1925
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40 x 122
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2470.98
  • Tax Info:Zoning3: LDR
  • 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
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 99900.0
  • Number of Buildings: 1
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Phone Connected, Natural Gas Connected, Cable Connected, Water Available, Sewer Available, Storm Sewer

Condo/Co-op/Association

  • Association Amenities: End Unit
  • Association: Yes

Association/Amenities

  • Assoc Amenities:End Unit: Yes

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 40 x 122
  • Lot Size Sq Ft: 4880.0
  • Zoning Description: LDR
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2470.98
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Apr 23, 2021
Sold by
Tarkowski Christopher J
Bought by
Lunoe Christian
Seller's Agent
frank boenzi
Bellabay Realty (SW)
Buyer's Agent
Darryl Matthews, Jr
Keller Williams GR East
Sold Price
$230,000
Current Estimated Value
$280,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,210
Avg. Annual Appreciation
2.86%
Original Mortgage
$172,500
Outstanding Balance
$157,321
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$102,487

Purchase Details

Listed on
Mar 4, 2020
Closed on
Aug 17, 2020
Sold by
Lady Afreeka
Bought by
Tarkowski Christopher J
Seller's Agent
Arlene Brandt
Greenridge Realty (West)
Buyer's Agent
frank boenzi
Bellabay Realty (SW)
List Price
$129,900
Sold Price
$90,000
Premium/Discount to List
-$39,900
-30.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
282.05%

Purchase Details

Listed on
Mar 4, 2020
Closed on
Aug 11, 2020
Sold by
Afreeka Lady and Ayuk Iman E
Bought by
Tarkowski Christopher J
Seller's Agent
Arlene Brandt
Greenridge Realty (West)
Buyer's Agent
frank boenzi
Bellabay Realty (SW)
List Price
$129,900
Sold Price
$90,000
Premium/Discount to List
-$39,900
-30.72%

Purchase Details

Closed on
Feb 5, 2019
Sold by
Burrell Frank W
Bought by
Floyd Babette

Purchase Details

Closed on
Apr 5, 2018
Sold by
Claybrook Adella B
Bought by
Ayuk Iman E and Burrell Frank W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.4%
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 Type Sale Price Title Company
Warranty Deed $230,000 First American Title Ins Co
Warranty Deed $90,000 Chicago Title
Warranty Deed $90,000 Chicago Title Of Mi Inc
Quit Claim Deed -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $172,500 New Conventional
Previous Owner -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2021 04/24/21 Sold $230,000 0.0% --
03/22/2021 03/22/21 Pending -- -- --
03/18/2021 03/18/21 For Sale -- -- --
02/23/2021 02/23/21 Pending -- -- --
02/20/2021 02/20/21 For Sale $230,000 +155.6% --
08/11/2020 08/11/20 Sold $90,000 -30.7% --
07/09/2020 07/09/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $129,900 -- --
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 $3,713 $106,500 $0 $0
2024 $3,713 $98,800 $0 $0
2023 $3,549 $81,200 $0 $0
2022 $3,500 $67,500 $0 $0
2021 $3,189 $61,100 $0 $0
2020 $2,355 $52,200 $0 $0
2019 $2,359 $44,200 $0 $0
2018 $1,303 $36,800 $0 $0
2017 $1,271 $32,300 $0 $0
2016 $2,370 $28,600 $0 $0
2015 $1,217 $28,600 $0 $0
2013 -- $28,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • f

    Seller's Agent in 2021

    frank boenzi

    Bellabay Realty (SW)

    (312) 554-8741

    8 in this area

    84 Total Sales

    Section Image
  • Darryl Matthews, Jr

    Buyer's Agent in 2021

    Darryl Matthews, Jr

    Keller Williams GR East

    (616) 881-9047

    6 in this area

    235 Total Sales

    Section Image
  • Lucas Howard

    Buyer Co-Listing Agent in 2021

    Lucas Howard

    Keller Williams GR East

    (616) 893-6478

    7 in this area

    1,246 Total Sales

    Section Image
  • Arlene Brandt

    Seller's Agent in 2020

    Arlene Brandt

    Greenridge Realty (West)

    (616) 485-5279

    7 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20008176

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-454-018

Michigan Kent County Grand Rapids 49507 Madison Area

511 Woodlawn St SE, Grand Rapids, MI

This home is located at 511 Woodlawn St SE, Grand Rapids, MI 49507 and is currently priced at $90,000. This property was built in 1925. 511 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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