NOT LISTED FOR SALE

5372 Mildred Ave SE Grand Rapids, MI 49508

Ridgebrook Neighborhood

Estimated Value: $348,000 - $390,089

4 Beds
4 Baths
-- Sq Ft
0.41 Acres

Last Sold November 08, 2017

Last sale price $148,000

Est. 148% increase in value since last sale

Current estimated payment $2,294/month

29 Days on Market

Highlights

  • Corner Lot: Yes
  • Forced Air Heating and Cooling System
  • 4 Car Garage
  • East Kentwood High School Rated A-

About This Home

As of November 2017

Looking for a great investment property, this is it. Solid 3 bedroom 1.5 baths duplex unit. Main level offers Kitchen, Living Room & 1/2 bath. Upper level has 2 bedrooms and a full bath. Full walkout level has additional bedroom. 1 stall garage for each unit.

Last Agent to Sell the Property

Sam Sterk

Five Star Real Estate (Grandv) License #6502403840 Listed on: 08/31/2017

Five Star Real Estate (Grandv)

Last Buyer's Agent

Michael Childress

Childress & Associates Realty License #6502350386

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 102 x 174
  • Corner Lot: Yes

Parking

  • 4 Car Garage

Home Design

  • Vinyl Siding

Basement

  • Walk-Out Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1978
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 102 x 174
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3728.6
  • Tax Info:Zoning3: R1-C
  • 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
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Substructure:Walk Out: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walk Out

Exterior Features

  • List Price: 158900.0
  • 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: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Public Sewer

Lot Info

  • Lot Size Acres: 0.41
  • Lot Size Area: 0.41
  • Lot Size Sq Ft: 17748.0
  • Zoning Description: R1-C
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3728.6
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2017
Closed on
Nov 8, 2017
Sold by
Glenwood Properties Llc
Bought by
Campos Olga
Seller's Agent
Sam Sterk
Five Star Real Estate (Grandv)
Buyer's Agent
Michael Childress
Childress & Associates Realty
List Price
$168,900
Sold Price
$148,000
Premium/Discount to List
-$20,900
-12.37%
Current Estimated Value
$367,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,272
Avg. Annual Appreciation
11.34%

Purchase Details

Closed on
Apr 25, 2017
Sold by
Becker John R
Bought by
Tamang Lal Man

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2011
Sold by
W+R Builders Partnership
Bought by
Glenwood Properties Llc
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
Campos Olga $148,000 Star Title Agency Llc
Homes And More Llc $148,000 Star Title Agency Llc
Tamang Lal Man $180,000 None Available
Glenwood Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tamang Lal Man $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2017 11/08/17 Sold $148,000 -12.4% --
09/29/2017 09/29/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $168,900 -- --
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 $4,155 $173,300 $0 $0
2024 $4,155 $173,300 $0 $0
2023 $5,121 $173,300 $0 $0
2022 $4,858 $111,400 $0 $0
2021 $4,741 $89,100 $0 $0
2020 $3,416 $84,700 $0 $0
2019 $4,517 $84,700 $0 $0
2018 $4,517 $80,000 $0 $0
2017 $3,794 $76,200 $0 $0
2016 $3,494 $71,700 $0 $0
2015 $3,408 $71,700 $0 $0
2013 -- $61,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Sterk

    Seller's Agent in 2017

    Sam Sterk

    Five Star Real Estate (Grandv)

    (616) 437-3260

    193 Total Sales

    Sam Sterk
    Section Image
  • Michael Childress

    Buyer's Agent in 2017

    Michael Childress

    Childress & Associates Realty

    (616) 893-1672

    168 Total Sales

    Michael Childress
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17044250

Southwestern Michigan Association of REALTORS®

APN: 41-18-32-102-007

Michigan Kent County Grand Rapids 49508 Ridgebrook

5372 Mildred Ave SE, Grand Rapids, MI

This home is located at 5372 Mildred Ave SE, Grand Rapids, MI 49508 since 31 August 2017 and is currently estimated at $367,272. This property was built in 1978. 5372 Mildred Ave SE is a home located in Kent County with nearby schools including Glenwood Elementary School, Valleywood Middle School, and East Kentwood Freshman Campus.

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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