NOT LISTED FOR SALE

Estimated Value: $215,000 - $300,423

-- Bed
-- Bath
-- Sq Ft
4,966 Sq Ft Lot

Last Sold May 13, 2022

Last sale price $269,000

Est. 5% decrease in value since last sale

Current estimated payment $1,720/month

9 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • 2-minute walk to Alexander Park

About This Home

As of May 2022

Don't miss this great opportunity to own a wonderful investment, and or owner occupied property! Both units have been nicely updated, the units are virtually the same. Each unit has 2 beds and 1 bath. As you enter the unit, you are greeted by a large living room, (notice as you go through the home the oak floors have been redone.) As you go further into the home, the two bedrooms are well sized. The bathroom on your left has been redone with a tiled shower. And as you get to the back of the home, the kitchen has quartz and new appliances. The basement can be accessed by both units for the washer and dryer usage, and storage. The updates include: New siding on house, painted garage and carport, new windows on 1st and 2nd floor
new kitchens with new flooring, quartz countertops and new appliances, new interior and exterior doors, new light fixtures, painted everything, refinished wood floors, and new bathrooms. Roof is newer as well.
Rents are estimated.

Last Agent to Sell the Property

Tyler Jackson

Five Star Real Estate (Main) License #6501343220 Listed on: 04/12/2022

Five Star Real Estate (Main)

Last Buyer's Agent

Karla Amaya-Leone

Edison Brokers & Co LLC License #6501380597

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,985

Year Built

  • Built in 1956

Lot Details

  • 4,966 Sq Ft Lot

Parking

  • 4 Parking Spaces

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, trash collection, gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,985

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 274900.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4966.0
  • Zoning Description: none
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2984.63
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
May 13, 2022
Sold by
Ramsay and Bradley
Bought by
D & B Grand Rapids Holdings Llc
Seller's Agent
Tyler Jackson
Five Star Real Estate (Main)
Buyer's Agent
Karla Amaya-Leone
Edison Brokers & Co LLC
List Price
$274,900
Sold Price
$269,000
Premium/Discount to List
-$5,900
-2.15%
Current Estimated Value
$254,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,144
Avg. Annual Appreciation
-2.34%
Original Mortgage
$201,750
Outstanding Balance
$192,557
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$55,754

Purchase Details

Listed on
Apr 30, 2019
Closed on
Jun 14, 2019
Sold by
Ruffin Derrick E
Bought by
Enirtak Inc
Seller's Agent
Antonio Holbrook
Clarity Realty LLC
Buyer's Agent
Antonio Holbrook
Clarity Realty LLC
List Price
$79,000
Sold Price
$72,000
Premium/Discount to List
-$7,000
-8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.05%
Original Mortgage
$72,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 1995
Sold by
Gilbert Gilbert B B and Gilbert Ruffin D
Bought by
Ruffin Ruffin D and Ruffin Derrick E

Purchase Details

Closed on
Jul 15, 1987

Purchase Details

Closed on
Mar 25, 1987
Bought by
Ruffin Derrick E

Purchase Details

Closed on
Sep 28, 1984
Bought by
Ruffin Derrick E

Purchase Details

Closed on
Apr 25, 1982
Bought by
Ruffin Derrick E

Purchase Details

Closed on
Feb 29, 1980
Bought by
Ruffin Derrick E
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
D & B Grand Rapids Holdings Llc -- None Listed On Document
Ramsay David $269,000 None Listed On Document
Enirtak Inc $72,000 None Available
Ruffin Ruffin D $23,000 --
-- $16,600 --
Ruffin Derrick E $100 --
Ruffin Derrick E $25,000 --
Ruffin Derrick E $28,000 --
Ruffin Derrick E $23,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsay David $201,750
Previous Owner Enirtak Inc $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $269,000 -2.1% --
04/21/2022 04/21/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $274,900 +281.8% --
06/14/2019 06/14/19 Sold $72,000 -8.9% --
04/30/2019 04/30/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $79,000 -- --
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 $4,426 $98,300 $0 $0
2024 $4,426 $90,700 $0 $0
2023 $4,341 $84,500 $0 $0
2022 $2,868 $68,400 $0 $0
2021 $2,794 $61,700 $0 $0
2020 $2,783 $52,800 $0 $0
2019 $967 $44,500 $0 $0
2018 $936 $37,000 $0 $0
2017 $912 $31,000 $0 $0
2016 $919 $27,400 $0 $0
2015 $867 $27,400 $0 $0
2013 -- $24,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22012083

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-406-052