NOT LISTED FOR SALE

5137 Kimball Ave SE Grand Rapids, MI 49508

Mapleview Neighborhood

Estimated Value: $318,000 - $365,000

4 Beds
2 Baths
-- Sq Ft
0.25 Acres

Last Sold December 03, 2024

Last sale price $345,000

Current estimated payment $2,003/month

2 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • High Speed Internet
  • East Kentwood High School Rated A-

About This Home

As of December 2024

Check out this fantastic duplex in a prime location! It has a new roof & all new windows, plus Unit 5137 also features new cabinetry and hot water heater. Each unit is 2 bedrooms with 1 full bath. This property is perfect for long-term investment. It boasts a solid rental history and offers great potential for adding finished square footage in the basement. The spacious bedrooms and open-concept layout maximize every square foot, making it ideal for socializing and comfortable living. Don't miss your chance to invest in this great opportunity in Kentwood!

Last Agent to Sell the Property

Eric Foster

@Home Realty LLC License #6501444488 Listed on: 10/31/2024

Last Buyer's Agent

Mark Krier

616Homes.com LLC License #6501393608

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,777

Year Built

  • Built in 1966

Lot Details

  • 0.25 Acre Lot

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • 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

$2,777

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1966
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 190.0
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 93 x 115 (irreg)
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2777.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: 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: Brick, Vinyl Siding
  • List Price: 324900.0
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 93 x 115 (irreg)
  • Lot Size Sq Ft: 10890.0
  • Zoning Description: Residential
  • 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: 2777.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2024
Closed on
Dec 16, 2024
Sold by
Pamela Whitehead Ira and New Direction Ira Inc
Bought by
Celovic Nihad
Seller's Agent
Eric Foster
@Home Realty LLC
Buyer's Agent
Mark Krier
616Homes.com LLC
List Price
$274,900
Sold Price
$345,000
Premium/Discount to List
$70,100
25.5%
Views
8
Current Estimated Value
$345,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491
Avg. Annual Appreciation
0.14%
Original Mortgage
$327,750
Outstanding Balance
$325,137
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$20,354

Purchase Details

Listed on
Jun 8, 2013
Closed on
Dec 5, 2013
Sold by
Mathews Larry A and Mathews Leslie A
Bought by
New Direction Ira Inc and Pamela Whitehead Ira
Seller's Agent
Dan Otten
Five Star Real Estate (M6)
Buyer's Agent
John Cremer
Five Star Real Estate (Grandv)
List Price
$117,900
Sold Price
$99,900
Premium/Discount to List
-$18,000
-15.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Celovic Nihad $345,000 First American Title
Celovic Nihad $345,000 First American Title
New Direction Ira Inc $99,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Celovic Nihad $327,750
Closed Celovic Nihad $327,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2024 12/03/24 Sold $345,000 +6.2% --
11/02/2024 11/02/24 Pending -- -- --
10/31/2024 10/31/24 Price Changed $324,900 +18.2% --
10/31/2024 10/31/24 For Sale $274,900 +175.2% --
12/09/2013 12/09/13 Sold $99,900 -15.3% -- View Prior Sale
10/31/2013 10/31/13 Pending -- -- --
06/08/2013 06/08/13 For Sale $117,900 -- --
Source: MichRIC

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 $2,230 $108,100 $0 $0
2024 $2,230 $68,900 $0 $0
2023 $2,748 $68,900 $0 $0
2022 $2,607 $68,900 $0 $0
2021 $2,545 $63,600 $0 $0
2020 $1,833 $63,600 $0 $0
2019 $2,424 $60,400 $0 $0
2018 $2,424 $54,100 $0 $0
2017 $2,366 $48,400 $0 $0
2016 $2,308 $42,700 $0 $0
2015 $2,252 $42,700 $0 $0
2013 -- $38,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Eric Foster

    @Home Realty LLC

    (616) 291-9907

    1 in this area

    11 Total Sales

    Eric Foster
    Section Image

  • M

    Buyer's Agent in 2024

    Mark Krier

    616Homes.com LLC

    (616) 275-0173

    3 in this area

    109 Total Sales

    Mark Krier
    Section Image

  • D

    Seller's Agent in 2013

    Dan Otten

    Five Star Real Estate (M6)

    (616) 257-9500

    1 in this area

    78 Total Sales

    Dan Otten
    Section Image
  • John Cremer

    Buyer's Agent in 2013

    John Cremer

    Five Star Real Estate (Grandv)

    (616) 437-9166

    2 in this area

    539 Total Sales

    John Cremer
    Section Image
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Map

Source: MichRIC

MLS Number: 24057276

MichRIC

APN: 41-18-29-454-020

Michigan Kent County Grand Rapids 49508 Mapleview

5137 Kimball Ave SE, Grand Rapids, MI

Not Listed for Sale

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

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