NOT LISTED FOR SALE

526 Wilson Ave NW Grand Rapids, MI 49534

Estimated Value: $379,000 - $428,588

-- Bed
4 Baths
-- Sq Ft
0.36 Acres

Last Sold January 13, 2017

Last sale price $197,500

Est. 108% increase in value since last sale

Current estimated payment $2,705/month

Highlights

  • Forced Air Heating and Cooling System
  • 8 Car Garage
  • Laundry Facilities
  • Central Elementary School Rated A

About This Home

As of January 2017

Duplex close to Grand Valley Campus, Bus stops and Downtown. Each unit has 3 bedrooms, 2 baths, Living room, Kitchen with Eating Area/Appliances, Rec Rooms and Laundry Areas. Each unit has a Deck off Kitchen, Fenced Back Yards Attached Garages, Central Air and a Home Warranty. Mainteance Free Exterior to Include New Roof 1 month ago. 1 Unit has been freshly painted and has new carpet on main level. Other Unit to be painted and when tenants vacate in January. Seperate Meters for Gas and Electric

Last Agent to Sell the Property

Don King Jr.

Berkshire Hathaway HomeServices Michigan Real Estate (Main) Listed on: 12/07/2016

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Co-Listed By

Austin King

Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6501397563

Last Buyer's Agent

Karen Talbot

Keller Williams GR East License #6501262294

Keller Williams GR East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,106

Year Built

  • Built in 1990

Lot Details

  • 0.36

Parking

  • 8 Car Garage

Home Design

  • Vinyl Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Well
  • Cable TV Available

Additional Features

  • Natural lighting in basement
  • Lot Dimensions are 120x131
  • Mineral Rights Excluded

Community Details

  • 2 Units
  • Laundry Facilities
  • Insurance Expense $1,000

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

$2,106

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1990
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 120X131
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2106.0
  • Tax Info:Zoning3: RES IMP
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Mineral Rights:No: Yes
  • Substructure:Daylight: Yes
  • Utilities Attached:Extra Well: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Daylight

Exterior Features

  • List Price: 189900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Zoning Description: RES IMP
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 1000.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2106.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2016
Closed on
Jan 13, 2017
Sold by
Banagis Steven and Banagis Mary
Bought by
Brock Ryan and Brock Jennifer
Seller's Agent
Don King Jr.
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Buyer's Agent
Karen Talbot
Keller Williams GR East
List Price
$189,900
Sold Price
$197,500
Premium/Discount to List
$7,600
4%
Current Estimated Value
$410,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,897
Avg. Annual Appreciation
7.91%
Original Mortgage
$148,125
Outstanding Balance
$77,183
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$303,457

Purchase Details

Closed on
May 1, 2009
Sold by
Banagis Steven and Banagis Mary
Bought by
Banagis Steven and Banagis Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
4.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2009
Sold by
Mortgage Electronic Registration Systems
Bought by
Hsbc Bank Usa National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
4.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2008
Sold by
Stauffer Robert A and Stauffer Cynthia
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Mar 31, 2003
Sold by
Burden Michael W and Burden Lynn
Bought by
Stauffer Robert A and Stauffer Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,223
Interest Rate
5.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 1996
Sold by
Obetts Timothy J
Bought by
Burden Michael W and Banagis Steven

Purchase Details

Closed on
Jun 27, 1991
Bought by
Obetts Timothy J and Banagis Steven
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 Buyer Sale Price Title Company
Brock Ryan $197,500 None Available
Banagis Steven -- Ppr Title Agency
Hsbc Bank Usa National Association -- Parks Title
Mortgage Electronic Registration Systems $256,431 None Available
Stauffer Robert A $206,000 Michigan Title Company
Burden Michael W $141,900 --
Obetts Timothy J $133,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brock Ryan $148,125
Previous Owner Banagis Steven $107,100
Previous Owner Stauffer Robert A $235,800
Previous Owner Stauffer Robert A $230,000
Previous Owner Stauffer Robert A $201,223
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2017 01/13/17 Sold $197,500 +4.0% --
12/07/2016 12/07/16 Pending -- -- --
12/07/2016 12/07/16 For Sale $189,900 -- --
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 $5,626 $217,400 $0 $0
2024 $5,626 $190,500 $0 $0
2023 $3,195 $171,600 $0 $0
2022 $3,411 $154,200 $0 $0
2021 $3,325 $134,500 $0 $0
2020 $2,940 $128,000 $0 $0
2019 $4,117 $112,300 $0 $0
2018 $2,497 $87,100 $0 $0
2017 $2,227 $83,700 $0 $0
2016 $2,139 $82,100 $0 $0
2015 $2,099 $82,100 $0 $0
2013 -- $74,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Don King Jr.

    Seller's Agent in 2017

    Don King Jr.

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (616) 291-3180

    188 Total Sales

    Don King Jr.
    Section Image
  • Austin King

    Seller Co-Listing Agent in 2017

    Austin King

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (616) 841-1161

    3 in this area

    136 Total Sales

    Austin King
    Section Image

  • K

    Buyer's Agent in 2017

    Karen Talbot

    Keller Williams GR East

    (616) 450-8217

    19 Total Sales

    Karen Talbot
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16059364

Southwestern Michigan Association of REALTORS®

APN: 41-13-19-451-002

Michigan Kent County Grand Rapids 49534

526 Wilson Ave NW, Grand Rapids, MI

This home is located at 526 Wilson Ave NW, Grand Rapids, MI 49534 since 07 December 2016 and is currently estimated at $410,397. This property was built in 1990. 526 Wilson Ave NW is a home located in Kent County with nearby schools including Central Elementary School, Grandville Middle School, and West Michigan Academy of Environmental Science.

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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