NOT LISTED FOR SALE

536 Cedar St NE Grand Rapids, MI 49503

-- Bed
-- Bath
-- Sq Ft
0.35 Acres

Last Sold January 10, 2014

Last sale price $200,000

126 Days on Market

About This Home

As of January 2014

8 Unit with garages in close proximity to Downtown. All units 1 bedroom, 1 bath. Owner pays water and trash. Tenant pay electric and heat. Close to Medical Mile and GRCC. Public transportation at the corner of College and Cedar. With minimal cosmetic improvement the rents could easily be increased. Great opportunity to pick up a larger multi-family at a very reasonable price. Property is fully managed by Compass Property Management. Leases in place for all tenants and tenants were professionally screened.

Last Agent to Sell the Property

William Templin

Compass Realty Services License #6501326301 Listed on: 07/24/2013

Compass Realty Services

Last Buyer's Agent

Kathy Dennison

Lighthouse Property Management License #6502319881

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1968

Lot Details

  • 0.35 Acre Lot

Parking

  • 16 Parking Spaces

Utilities

  • Baseboard Heating
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Other

Exterior Features

  • Construction Materials: Block
  • List Price: 219900.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 16.0

Utilities

  • Heating: Baseboard
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size Area: 0.35
  • Lot Size Sq Ft: 15246.0
  • Zoning Description: Residential

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 5184.0

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

Property History

Date Event Price Change Sq Ft Price
01/10/2014 01/10/14 Sold $200,000 -16.7% --
11/27/2013 11/27/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $240,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • William Templin

    Seller's Agent in 2014

    William Templin

    Compass Realty Services

    (616) 334-9537

    58 Total Sales

    William Templin
    Section Image
  • Kathy Dennison

    Buyer's Agent in 2014

    Kathy Dennison

    Lighthouse Property Management

    (616) 257-9577

    36 Total Sales

    Kathy Dennison
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13043950

Southwestern Michigan Association of REALTORS®
Michigan Kent County Grand Rapids 49503

536 Cedar St NE, Grand Rapids, MI

This home is located at 536 Cedar St NE, Grand Rapids, MI 49503 since 24 July 2013. This property was built in 1968. 536 Cedar St NE is a home located in Kent County with nearby schools including East Leonard Elementary 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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