NOT LISTED FOR SALE

549 Fairview Ave NE Grand Rapids, MI 49503

Belknap Lookout Neighborhood

Estimated Value: $431,000 - $584,272

7 Beds
4 Baths
-- Sq Ft
7,187 Sq Ft Lot

Last Sold May 26, 2021

Last sale price $315,000

Est. 64% increase in value since last sale

Current estimated payment $3,799/month

21 Days on Market

Highlights

  • 1 Fireplace
  • High Speed Internet
  • 5-minute walk to Lookout Park
  • Forced Air Heating System
  • Wood Siding

About This Home

As of May 2021

Large corner lot on coveted Fairview Ave at the top of Belknap Lookout. Situated in between high end condo developments and million dollar homes on Trowbridge. Short walk to parks, Medical Mile, and downtown GR. Townhome style duplex with 3 bed, 1 bath on south side and 3 bed 2 bath on north side. Could be a great owner occupant opportunity for rental income. Potential for addition of garage on the off street parking pad. House has nice woodwork and large bedrooms. Each unit also has access to attic space and basement. Unbeatable location with big time upside in developing neighborhood! Remodel plans available. South side remodel underway.

Last Agent to Sell the Property

Matthew Hall

CopperRock Real Estate LLC License #6501423778 Listed on: 11/12/2020

Last Buyer's Agent

Matthew Hall

CopperRock Real Estate LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 7,187 Sq Ft Lot
  • Lot Dimensions are 58x123

Parking

  • 2 Parking Spaces

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full

Exterior Features

  • Construction Materials: Wood Siding, Vinyl Siding
  • List Price: 329000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 58x123
  • Lot Size Sq Ft: 7187.0
  • Zoning Description: Residental
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 7925.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2021
Sold by
Union Suites Llc
Bought by
Harrison Gates Kara and Gates Chris
Total Days on Market
21
Current Estimated Value
$515,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,641
Outstanding Balance
$436,337
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$62,801

Purchase Details

Listed on
Nov 12, 2020
Closed on
May 26, 2021
Sold by
Jayrock Llc
Bought by
Union Suites Llc
Seller's Agent
Matthew Hall
CopperRock Real Estate LLC
Buyer's Agent
Matthew Hall
CopperRock Real Estate LLC
List Price
$349,900
Sold Price
$315,000
Premium/Discount to List
-$34,900
-9.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.16%

Purchase Details

Closed on
Dec 19, 2019
Sold by
Schone Afwerking Llc
Bought by
Joyrock Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,500
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 22, 2019
Sold by
Artesian Group Llc
Bought by
Schone Afwerking Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,500
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 13, 2015
Sold by
Roose Ventures Llc
Bought by
Artesian Group Llc

Purchase Details

Closed on
Apr 20, 2010
Sold by
Horlings George R and Horlings Raelynn Claire
Bought by
Roose Ventures Llc

Purchase Details

Closed on
Oct 21, 2009
Sold by
Horlings George R
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jan 18, 2007
Sold by
Deklyen Nicholas James and Deklyen Carrie
Bought by
Horlings George R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
10.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2006
Sold by
Deklyen Nicholas James
Bought by
Us Bank Na and Bear Stearns Asset Backed Securities 200

Purchase Details

Closed on
Feb 18, 2005
Sold by
Hoch Charles W and Hoch Ruth A
Bought by
Deklyen Nicholas James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,600
Interest Rate
5.8%
Mortgage Type
Commercial
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
Harrison Gates Kara $275,000 Chicago Title Of Mi Inc
Union Suites Llc $315,000 Chicago Title Of Mi Inc
Joyrock Llc -- Sun Title Agency Of Mi Llc
Schone Afwerking Llc -- Sun Title Agency Of Mi Llc
Artesian Group Llc -- None Available
Roose Ventures Llc $53,397 None Available
Aurora Loan Services Llc $49,500 None Available
Horlings George R $141,000 None Available
Us Bank Na $128,165 None Available
Deklyen Nicholas James $154,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrison Gates Kara $471,641
Previous Owner Hayrock Llc $223,500
Previous Owner Horlings George R $141,000
Previous Owner Deklyen Nicholas James $123,600
Closed Deklyen Nicholas James $30,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $315,000 -10.0% --
12/03/2020 12/03/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $349,900 -- --
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
2024 $10,937 $252,100 $0 $0
2023 $6,797 $126,100 $0 $0
2022 $6,310 $114,400 $0 $0
2021 $6,345 $135,200 $0 $0
2020 $6,333 $119,900 $0 $0
2019 $2,460 $58,800 $0 $0
2018 $2,385 $49,400 $0 $0
2017 $2,326 $43,700 $0 $0
2016 $2,338 $37,300 $0 $0
2015 $1,557 $37,300 $0 $0
2013 -- $29,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Matthew Hall

    CopperRock Real Estate LLC

    (616) 222-4189

    8 in this area

    16 Total Sales

    Matthew Hall
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20005652

Southwestern Michigan Association of REALTORS®

APN: 41-14-19-351-012

Michigan Kent County Grand Rapids 49503 Belknap Lookout

549 Fairview Ave NE, Grand Rapids, MI

This home is located at 549 Fairview Ave NE, Grand Rapids, MI 49503 since 12 November 2020 and is currently estimated at $515,818. This property was built in 1904. 549 Fairview Ave NE is a home located in Kent County with nearby schools including Coit Creative Arts Academy, 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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