NOT LISTED FOR SALE

5166 Stauffer Ave SE Grand Rapids, MI 49508

Estimated Value: $358,816 - $385,000

4 Beds
2 Baths
-- Sq Ft
0.33 Acres

Last Sold September 01, 2017

Last sale price $169,900

Est. 120% increase in value since last sale

Current estimated payment $2,345/month

2 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • 8 Car Garage
  • Wood Siding
  • East Kentwood High School Rated A-
  • High Speed Internet
  • 1-minute walk to Stauffer Station Park

About This Home

As of September 2017

Hard to find side by side duplex in Kentwood. Nice duplex with great cash flow. Rents are $875 and $850.

Last Agent to Sell the Property

Barry J. Capel

Five Star Real Estate (Grandv) License #6501182751 Listed on: 07/19/2017

Five Star Real Estate (Grandv)

Last Buyer's Agent

David Martin

Greenridge Realty (EGR) License #6506008540

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1979

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 100x143

Parking

  • 8 Car Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 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, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,200

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1979
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100x143
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3200.0
  • 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
  • Air Conditioning:Central 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 169900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0
  • Extras:Garages: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • 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: 0.33
  • Lot Size Area: 0.33
  • Lot Size Sq Ft: 14300.0
  • 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: 3200.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2017
Closed on
Aug 31, 2017
Sold by
West Michigan Investment Ii Llc
Bought by
Borchers Gina
Seller's Agent
Barry J. Capel
Five Star Real Estate (Grandv)
Buyer's Agent
David Martin
Greenridge Realty (EGR)
List Price
$169,900
Sold Price
$169,900
Current Estimated Value
$373,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,054
Avg. Annual Appreciation
10.23%
Original Mortgage
$209,925
Outstanding Balance
$113,175
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$260,779

Purchase Details

Closed on
Aug 4, 2005
Sold by
Smith Tyler
Bought by
West Michigan Investments Ii Llc

Purchase Details

Closed on
Oct 21, 2004
Sold by
West Michigan Investments Ii Llc
Bought by
Smith Tyler

Purchase Details

Closed on
Mar 3, 2004
Sold by
Smith Tyler L
Bought by
West Michigan Investments Ii Llc
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
Borchers Gina $169,900 Star Title Agency Llc
West Michigan Investments Ii Llc -- --
Smith Tyler -- --
West Michigan Investments Ii Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borchers Gina $209,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2017 09/01/17 Sold $169,900 0.0% --
07/21/2017 07/21/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $169,900 -- --
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 $4,249 $158,400 $0 $0
2024 $4,249 $126,700 $0 $0
2023 $5,236 $126,700 $0 $0
2022 $4,967 $110,900 $0 $0
2021 $4,848 $94,600 $0 $0
2020 $3,493 $89,900 $0 $0
2019 $4,723 $85,800 $0 $0
2018 $4,619 $81,800 $0 $0
2017 $3,326 $69,500 $0 $0
2016 $3,246 $61,300 $0 $0
2015 $3,166 $61,300 $0 $0
2013 -- $56,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17035763

Southwestern Michigan Association of REALTORS®

APN: 41-18-28-496-013