NOT LISTED FOR SALE

55 Diamond Ave NE Grand Rapids, MI 49503

Midtown Grand Rapids Neighborhood

Estimated Value: $215,000 - $266,000

5 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold June 27, 2013

Last sale price $25,000

Est. 888% increase in value since last sale

Current estimated payment $1,482/month

30 Days on Market

About This Home

As of June 2013

Great investment property, this 2 unit (upper and lower) building has a great location close to downtown Grand Rapids, GRCC, Davenport, and Aquinas. This property is eligible for the Freddie Mac first look initiative through 05/29/2013. Seller paid Home Warranty offered to owner occupied property.

Last Agent to Sell the Property

Richard Kazma

Success Realty West Michigan License #6501155517 Listed on: 05/14/2013

Co-Listed By

Susan Kazma

Success Realty West Michigan License #6502138438

Last Buyer's Agent

John McCleve

McCleve, John License #6502369388

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1905

Lot Details

  • 4,792

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

Utilities

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

Additional Features

  • Michigan Basement
  • 4,792 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 24900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

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: 4792.0
  • Zoning Description: Residential-imp

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1194.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2016
Sold by
Minch Robert and Minch Milagro
Bought by
55 Diamond Ave Llc
Current Estimated Value
$246,934

Purchase Details

Closed on
Dec 30, 2015
Sold by
Minch Robert
Bought by
Minch Robert and Minch Milagro

Purchase Details

Listed on
May 14, 2013
Closed on
Jun 26, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Minch Robert
Seller's Agent
Richard Kazma
Success Realty West Michigan
Buyer's Agent
John McCleve
McCleve, John
List Price
$24,900
Sold Price
$25,000
Premium/Discount to List
$100
0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.29%

Purchase Details

Closed on
Nov 12, 2012
Sold by
Choiceone Bank
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 25, 2006
Sold by
Jolliffe Kenneth
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Feb 3, 2004
Sold by
Kaback Leslie
Bought by
Jolliffe Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 1998
Sold by
Vndrmr Vndrmr D D and Vndrmr Schulz M
Bought by
Minch Schulz M and Minch Robert

Purchase Details

Closed on
Jan 31, 1992
Sold by
Fasburg Fasburg D D and Fasburg Vndrmeer D
Bought by
Minch Robert
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
55 Diamond Ave Llc -- Attorney
Minch Robert -- None Available
Minch Robert $25,000 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corporation -- None Available
Deutsche Bank National Trust Co $80,000 None Available
Jolliffe Kenneth $80,000 --
Minch Schulz M $45,500 --
Minch Robert $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arens Richard $36,000
Previous Owner Jolliffe Kenneth $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2013 06/27/13 Sold $25,000 +0.4% --
06/13/2013 06/13/13 Pending -- -- --
05/14/2013 05/14/13 For Sale $24,900 -- --
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 $1,559 $93,200 $0 $0
2024 $1,559 $84,300 $0 $0
2023 $1,490 $75,500 $0 $0
2022 $1,413 $66,500 $0 $0
2021 $1,432 $58,900 $0 $0
2020 $1,384 $52,600 $0 $0
2019 $1,417 $48,600 $0 $0
2018 $1,373 $46,700 $0 $0
2017 $2,200 $41,500 $0 $0
2016 $1,346 $27,700 $0 $0
2015 $1,283 $27,700 $0 $0
2013 -- $22,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Richard Kazma

    Success Realty West Michigan

    (616) 447-3010

    4 Total Sales

    Section Image
  • Susan Kazma

    Seller Co-Listing Agent in 2013

    Susan Kazma

    Success Realty West Michigan

    (616) 262-0704

    1 in this area

    150 Total Sales

    Section Image

  • J

    Buyer's Agent in 2013

    John McCleve

    McCleve, John

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13027074

Southwestern Michigan Association of REALTORS®

APN: 41-14-29-158-022

Michigan Kent County Grand Rapids 49503 Midtown Grand Rapids

55 Diamond Ave NE, Grand Rapids, MI

This home is located at 55 Diamond Ave NE, Grand Rapids, MI 49503 since 14 May 2013 and is currently estimated at $246,934. This property was built in 1905. 55 Diamond Ave NE is a home located in Kent County with nearby schools including Congress Elementary, Alger Middle School, and Ottawa Hills 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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