NOT LISTED FOR SALE

52 Grove St NE Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $207,721 - $242,000

-- Bed
-- Bath
-- Sq Ft
8,973 Sq Ft Lot

Last Sold March 30, 2020

Last sale price $156,000

Est. 44% increase in value since last sale

Current estimated payment $1,372/month

4 Days on Market

About This Home

As of March 2020

Great opportunity to own rental property in the up and coming Creston neighborhood. Close to public transportation and downtown. On and off street parking. Split utilities, partial Michigan basement has low ceiling but is accessible. Sellers have done upgrades, vinyl siding and newer rear deck on the exterior. Lower unit has two bedrooms w/spacious closets, living room, dining room, laundry room, bathroom with a skylight, freshly painted, new flooring through out. Lower unit is currently vacant, rent estimate is $1000. Upper unit is a studio and could use some TLC; spacious kitchen, spacious living/bedroom area, bathroom and two nice size closets. Upper unit is currently rented for $500 a month. Tenants rights apply.

Last Agent to Sell the Property

Michael Ross

Grand Rapids Realty License #6502126663 Listed on: 02/22/2020

Last Buyer's Agent

Christopher Billmeier

The Billmeier Group License #6502414542

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,070

Year Built

  • Built in 1900

Lot Details

  • 8,973

Home Design

  • Composition Roof

Utilities

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

Additional Features

  • Michigan Basement
  • 8,973 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,070

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 149900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 8973.0
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3070.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2020
Closed on
Apr 9, 2020
Sold by
Scudder Anna M
Bought by
Scudder Anna M and Steigenga Jonathan
Seller's Agent
Michael Ross
Grand Rapids Realty
Buyer's Agent
Christopher Billmeier
The Billmeier Group
List Price
$149,900
Sold Price
$156,000
Premium/Discount to List
$6,100
4.07%
Current Estimated Value
$223,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,930
Avg. Annual Appreciation
6.15%
Original Mortgage
$140,400
Outstanding Balance
$126,493
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$90,149

Purchase Details

Listed on
Feb 22, 2020
Closed on
Mar 30, 2020
Sold by
Greig Thomas and Ojeda Greig Alicia
Bought by
Scudder Anna M
Seller's Agent
Michael Ross
Grand Rapids Realty
Buyer's Agent
Christopher Billmeier
The Billmeier Group
List Price
$149,900
Sold Price
$156,000
Premium/Discount to List
$6,100
4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Outstanding Balance
$126,493
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$90,149

Purchase Details

Closed on
Oct 15, 2003
Sold by
Ojeda Alicia and Greig Alicia Ojeda
Bought by
Greig Thomas and Greig Alicia Ojeda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 1999
Sold by
Jansen Jansen K K and Jansen Ojeda A
Bought by
Greig Ojeda A and Greig Thomas Ojeda-Greig Alici

Purchase Details

Closed on
Sep 11, 1996
Sold by
Rest Haven and Briggs Ts
Bought by
Briggs Ts and Greig Thomas Ojeda-Greig Alici

Purchase Details

Closed on
Mar 23, 1995
Sold by
Briggs Ts and Briggs Ts
Bought by
Briggs Ts -Not Lc Owner and Greig Thomas Ojeda-Greig Alici

Purchase Details

Closed on
Aug 16, 1994
Sold by
Briggs Briggs M M and Briggs Jansen K
Bought by
Greig Thomas Ojeda-Greig Alicia

Purchase Details

Closed on
Aug 15, 1994
Sold by
Briggs Briggs C C and Briggs Ts
Bought by
Greig Thomas Ojeda-Greig Alicia

Purchase Details

Closed on
Jan 30, 1990
Sold by
Rest Smith C and Rest Haven
Bought by
Greig Thomas Ojeda-Greig Alicia

Purchase Details

Closed on
Jun 7, 1982
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
Scudder Anna M -- None Available
Scudder Anna M $156,000 Owners Title Agency Llc
Greig Thomas -- Independent Title Svcs Inc
Greig Ojeda A $40,700 --
Briggs Ts $18,000 --
Briggs Ts -Not Lc Owner -- --
Greig Thomas Ojeda-Greig Alicia $36,000 --
Greig Thomas Ojeda-Greig Alicia -- --
Greig Thomas Ojeda-Greig Alicia -- --
-- $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scudder Anna M $140,400
Previous Owner Greig Thomas $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2020 03/30/20 Sold $156,000 +4.1% --
02/26/2020 02/26/20 Pending -- -- --
02/22/2020 02/22/20 For Sale $149,900 -- --
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 $2,216 $83,800 $0 $0
2024 $2,216 $70,300 $0 $0
2023 $2,218 $60,000 $0 $0
2022 $2,107 $52,700 $0 $0
2021 $2,056 $47,700 $0 $0
2020 $1,043 $42,500 $0 $0
2019 $3,071 $35,200 $0 $0
2018 $1,358 $28,600 $0 $0
2017 $1,761 $24,200 $0 $0
2016 $1,585 $23,000 $0 $0
2015 $2,359 $23,000 $0 $0
2013 -- $26,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michael Ross

    Grand Rapids Realty

    (616) 742-2400

    1 in this area

    15 Total Sales

    Michael Ross
    Section Image

  • C

    Buyer's Agent in 2020

    Christopher Billmeier

    The Billmeier Group

    (616) 350-2998

    1 in this area

    65 Total Sales

    Christopher Billmeier
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20006633

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-354-009

Michigan Kent County Grand Rapids 49505 Creston

52 Grove St NE, Grand Rapids, MI

This home is located at 52 Grove St NE, Grand Rapids, MI 49505 since 22 February 2020 and is currently estimated at $223,930. This property was built in 1900. 52 Grove St NE is a home located in Kent County with nearby schools including Palmer School, Riverside Middle School, and Union 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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