NOT LISTED FOR SALE

53 Packard Ave SE Grand Rapids, MI 49503

East Hills Neighborhood

Estimated Value: $369,549 - $468,000

-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold July 13, 2016

Last sale price $300,000

Est. 41% increase in value since last sale

Current estimated payment $2,600/month

Highlights

  • 0.2 Acre Lot
  • 1 Fireplace
  • Wood Siding
  • Wooded Lot
  • Forced Air Heating System
  • 3-minute walk to Baldwin Park

About This Home

As of July 2016

Sold Before Broadcast. Fantastic historic 2 family that is located in one of the hottest areas of Grand Rapids. Walking Distance to all of the local hot spots. One unit features a 2 bedroom 1 bathroom and rents for $1520 per month. Upstairs unit features 2 bedroom 2 bath and rents for $1475. Turn key units that are city certified. Each unit has seperate utilities

Last Agent to Sell the Property

Lindsay VanDuinen-Scully

Re/Max of Grand Rapids (Grandville) License #6501325437 Listed on: 10/26/2016

Re/Max of Grand Rapids (Grandville)

Co-Listed By

Michael Ledford

RE/MAX of Grand Rapids (FH) License #6501390899

Last Buyer's Agent

Greg Williamson

Greenridge Realty (Cascade) License #6502380598

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,272

Year Built

  • Built in 1921

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Wooded Lot

Home Design

  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,272

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1921
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3272.0
  • Tax Info:Zoning3: R-3
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Sep Gas Meter: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 300000.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Cable Available, Natural Gas Connected

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66x132
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3272.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2016
Closed on
Jul 13, 2016
Sold by
Jl Equity Group Llc
Bought by
Willpack Llc
Seller's Agent
Lindsay VanDuinen-Scully
Re/Max of Grand Rapids (Grandville)
Buyer's Agent
Greg Williamson
Greenridge Realty (Cascade)
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$423,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,812
Avg. Annual Appreciation
3.76%

Purchase Details

Closed on
Jul 16, 2014
Sold by
Miller Ryan M and Miller Heather S
Bought by
Jl Equity Group Llc

Purchase Details

Closed on
Jan 15, 2003
Sold by
Wolffis Troy A and Wolffis Maribeth J
Bought by
Miller Ryan M and Miller Heather S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,521
Interest Rate
6.13%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 1992
Sold by
Wolfis Strigham
Bought by
Miller Ryan M Heather S

Purchase Details

Closed on
Dec 19, 1991
Sold by
Strnghm Strnghm J J and Strnghm Ii Strnghm
Bought by
Miller Ryan M Heather S

Purchase Details

Closed on
May 29, 1987

Purchase Details

Closed on
May 28, 1987

Purchase Details

Closed on
May 27, 1987

Purchase Details

Closed on
May 26, 1987
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Willpack Llc $300,000 None Available
Jl Equity Group Llc $75,751 None Available
Miller Ryan M $193,000 --
Miller Ryan M Heather S $67,500 --
Miller Ryan M Heather S -- --
-- $30,000 --
-- $38,000 --
-- $20,000 --
-- $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Ryan M $187,521
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2016 10/26/16 For Sale $300,000 0.0% --
07/13/2016 07/13/16 Sold $300,000 -- --
06/13/2016 06/13/16 Pending -- -- --
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 $4,480 $174,400 $0 $0
2024 $4,480 $155,600 $0 $0
2023 $4,444 $128,600 $0 $0
2022 $4,224 $116,100 $0 $0
2021 $158 $108,900 $0 $0
2020 $3,978 $106,300 $0 $0
2019 $4,073 $96,100 $0 $0
2018 $3,948 $85,500 $0 $0
2017 $3,852 $64,000 $0 $0
2016 $2,819 $58,600 $0 $0
2015 $2,686 $58,600 $0 $0
2013 -- $50,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lindsay VanDuinen-Scully

    Seller's Agent in 2016

    Lindsay VanDuinen-Scully

    Re/Max of Grand Rapids (Grandville)

    (616) 957-0700

    5 in this area

    396 Total Sales

    Lindsay VanDuinen-Scully
    Section Image

  • M

    Seller Co-Listing Agent in 2016

    Michael Ledford

    RE/MAX Michigan

  • G

    Buyer's Agent in 2016

    Greg Williamson

    Greenridge Realty (Cascade)

    Section Image
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Map

Source: MichRIC

MLS Number: 16054349

MichRIC

APN: 41-14-30-430-037

Michigan Kent County Grand Rapids 49503 East Hills

53 Packard Ave SE, Grand Rapids, MI

Not Listed for Sale

MultiFamily

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