NOT LISTED FOR SALE

5215 Newcastle Dr SE Grand Rapids, MI 49508

Ridgebrook Neighborhood

Estimated Value: $316,000 - $356,000

4 Beds
2 Baths
-- Sq Ft
0.27 Acres

Last Sold October 05, 2018

Last sale price $185,000

Est. 83% increase in value since last sale

Current estimated payment $2,138/month

8 Days on Market

Highlights

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

About This Home

As of October 2018

Great investment opportunity! Side by side two bed one bath units, that could easily be converted into four bedrooms and 2 bath units by finising the large open floor plan basement. Don't wait to see this two unit it has been updated by the seller and is in good shape! When opportunities knock, answer the call.

Last Agent to Sell the Property

Will Friend

Five Star Real Estate (Grandv) License #6502401893 Listed on: 08/17/2018

Five Star Real Estate (Grandv)

Last Buyer's Agent

Denise Breuker

616 Realty LLC License #6501381020

616 Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,612

Year Built

  • Built in 1972

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 92x130

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,612

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1972
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 92x130
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2612.18
  • Tax Info:Zoning3: R1-C
  • 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:Broadband: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 180000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Water Available, Sewer Available, Storm Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Dimensions: 92x130
  • Lot Size Sq Ft: 11761.0
  • Zoning Description: R1-C
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2612.18
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2018
Closed on
Oct 5, 2018
Sold by
Mckinley Jahaun
Bought by
Nachtegall Michael
Seller's Agent
Will Friend
Five Star Real Estate (Grandv)
Buyer's Agent
Denise Breuker
616 Realty LLC
List Price
$180,000
Sold Price
$185,000
Premium/Discount to List
$5,000
2.78%
Current Estimated Value
$338,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,012
Avg. Annual Appreciation
9.13%
Original Mortgage
$148,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2011
Sold by
Heys Family Properties Llc
Bought by
Heys Henry B and Heys Bernice M

Purchase Details

Closed on
Nov 14, 2011
Sold by
Heys Family Properties Llc
Bought by
Mckinley Jahaun

Purchase Details

Closed on
Oct 30, 2009
Sold by
Heys Henry B and Heys Bernice M
Bought by
Heys Family Properties 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
Nachtegall Michael $185,000 Chicago Title Of Michigan In
Mckinley Jahaun $90,000 Chicago Title Of Michigan In
Heys Henry B -- None Available
Mckinley Jahaun -- None Available
Heys Family Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nachtegall Michael $149,000
Closed Nachtegall Michael $148,000
Closed Mckinley Jahaun $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $185,000 +2.8% --
08/25/2018 08/25/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $180,000 -- --
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 $3,186 $126,400 $0 $0
2024 $3,186 $113,700 $0 $0
2023 $3,302 $113,700 $0 $0
2022 $3,115 $80,000 $0 $0
2021 $3,045 $67,400 $0 $0
2020 $2,408 $66,200 $0 $0
2019 $3,131 $66,200 $0 $0
2018 $2,769 $66,200 $0 $0
2017 $2,463 $62,500 $0 $0
2016 $2,397 $58,900 $0 $0
2015 $2,328 $58,900 $0 $0
2013 -- $50,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Will Friend

    Seller's Agent in 2018

    Will Friend

    Five Star Real Estate (Grandv)

    (616) 734-5374

    181 Total Sales

    Will Friend
    Section Image
  • Denise Breuker

    Buyer's Agent in 2018

    Denise Breuker

    616 Realty LLC

    (616) 340-4003

    56 Total Sales

    Denise Breuker
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18040585

Southwestern Michigan Association of REALTORS®

APN: 41-18-32-227-015

Michigan Kent County Grand Rapids 49508 Ridgebrook

5215 Newcastle Dr SE, Grand Rapids, MI

This home is located at 5215 Newcastle Dr SE, Grand Rapids, MI 49508 since 17 August 2018 and is currently estimated at $338,012. This property was built in 1972. 5215 Newcastle Dr SE is a home located in Kent County with nearby schools including Brookwood Elementary, Valleywood Middle School, and East Kentwood 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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