NOT LISTED FOR SALE

55 Straight Ave SW Unit 57 Grand Rapids, MI 49504

SWAN Neighborhood

Estimated Value: $332,000 - $410,000

-- Bed
-- Bath
-- Sq Ft
6,600 Sq Ft Lot

Last Sold October 05, 2021

Last sale price $322,000

Est. 16% increase in value since last sale

Current estimated payment $2,594/month

76 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 1-minute walk to Westown Commons Park

About This Home

As of October 2021

Good News for Investors!
We are back on market, previous potential buyer financing fell through. Multi 4 unit investors dream, near West side downtown Grand Rapids. Well kept up, great cash flow, strong rental history. Current owner even lives in one apartment.

Last Agent to Sell the Property

Lucy Godoy Kessler

RE/MAX of Grand Rapids (FH) License #6501431985 Listed on: 09/03/2021

RE/MAX of Grand Rapids (FH)

Last Buyer's Agent

Sean Sloop

United Realty Services LLC License #6501433779

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,048

Year Built

  • Built in 1890

Lot Details

  • 6,600 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,048

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 315000.0
  • Number of Buildings: 1
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6600.0
  • Zoning Description: 401 Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2048.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 5, 2021
Sold by
Puente Garcia Rafael
Bought by
Laurion Toneisha and Laurion Scott
Seller's Agent
Lucy Godoy Kessler
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Sean Sloop
United Realty Services LLC
Sold Price
$322,000
Current Estimated Value
$372,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,909
Avg. Annual Appreciation
3.19%
Original Mortgage
$241,500
Outstanding Balance
$221,654
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$140,988

Purchase Details

Closed on
Oct 25, 2004
Sold by
Jimenez Rosario and Puente Rafael
Bought by
Jimenez Rosario and Puente Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
9.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 1998
Sold by
Jmnz Lntng G
Bought by
Jmnz and Jmnz Pnta

Purchase Details

Closed on
Apr 29, 1994
Sold by
Langting Langting B B and Langting Lanting G
Bought by
Jimenez Rosario Puente Rafael

Purchase Details

Closed on
Sep 13, 1988
Sold by
Lanting Bj and Lanting G
Bought by
Jimenez Rosario Puente Rafael

Purchase Details

Closed on
Jul 1, 1981
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
Laurion Toneisha $322,000 Chicago Title
Jimenez Rosario -- Crossroads Title
Jmnz $66,000 --
Jimenez Rosario Puente Rafael $40,000 --
Jimenez Rosario Puente Rafael $40,000 --
-- $12,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laurion Toneisha $241,500
Previous Owner Jimenez Rosario $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $322,000 +3.9% --
09/06/2021 09/06/21 Pending -- -- --
09/03/2021 09/03/21 For Sale -- -- --
06/29/2021 06/29/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $309,900 -- --
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 $6,413 $173,000 $0 $0
2024 $6,413 $146,200 $0 $0
2023 $6,453 $124,500 $0 $0
2022 $6,137 $116,600 $0 $0
2021 $2,039 $88,400 $0 $0
2020 $1,971 $86,000 $0 $0
2019 $2,018 $69,700 $0 $0
2018 $1,956 $55,100 $0 $0
2017 $2,349 $53,100 $0 $0
2016 $2,997 $44,800 $0 $0
2015 $2,780 $44,800 $0 $0
2013 -- $38,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lucy Godoy Kessler

    RE/MAX Michigan

    (616) 826-0553

    2 in this area

    14 Total Sales

    Lucy Godoy Kessler
    Section Image

  • S

    Buyer's Agent in 2021

    Sean Sloop

    United Realty Services LLC

    (616) 752-9999

    2 in this area

    34 Total Sales

    Sean Sloop
    Section Image
  • Jacob Thomas

    Buyer Co-Listing Agent in 2021

    Jacob Thomas

    United Realty Services LLC

    (616) 965-2304

    10 in this area

    162 Total Sales

    Jacob Thomas
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21023900

Southwestern Michigan Association of REALTORS®

APN: 41-13-26-433-016

Michigan Kent County Grand Rapids 49504 SWAN

55 Straight Ave SW Unit 57, Grand Rapids, MI

This home is located at 55 Straight Ave SW Unit 57, Grand Rapids, MI 49504 since 03 September 2021 and is currently estimated at $372,909. This property was built in 1890. 55 Straight Ave SW Unit 57 is a home located in Kent County with nearby schools including Shawmut Hills School, Westwood 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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