NOT LISTED FOR SALE

553 Union Ave SE Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $450,000 - $508,000

-- Bed
-- Bath
-- Sq Ft
6,229 Sq Ft Lot

Last Sold September 15, 2015

Last sale price $213,500

Est. 127% increase in value since last sale

Current estimated payment $3,202/month

4 Days on Market

Highlights

  • Forced Air Heating System
  • 4 Car Garage
  • Wood Siding

About This Home

As of September 2015

Grand Rapids Heritage Hill Historic District. A beautiful 2 unit, Circa 1899, has vaulted ceilings in huge 2nd Floor 1 Bedroom unit. Also very large rooms in 2 Bedrooms 1st Floor unit. Nicely updated. Newly painted exterior, spacious front porch and big rear deck. 2 Car Garage. This house has been owner-occupied during much of it's ''multi'' life and it would be perfect for an owner occupant today -- or converted back to single family. 24 Hour Notice please.

Last Agent to Sell the Property

Kay Courtney

Courtney, Kay License #6502130581 Listed on: 08/29/2015

Last Buyer's Agent

Cherie Smith

Keller Williams Realty Rivertown License #6506047731

Keller Williams Realty Rivertown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,246

Year Built

  • Built in 1899

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 50 x 125

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units
  • Gross Income $20,400

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,246

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1899
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50 x 125
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4246.04
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 219900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6229.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 20400.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4246.04
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2018
Sold by
Davis Nina Isi
Bought by
Jacobs Doris A
Current Estimated Value
$484,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 29, 2015
Closed on
Sep 15, 2015
Sold by
Kahle Matthew A and Kahle Jill L
Bought by
Davis Nina Isi
Seller's Agent
Kay Courtney
Courtney, Kay
Buyer's Agent
Cherie Smith
Keller Williams Realty Rivertown
List Price
$219,900
Sold Price
$213,500
Premium/Discount to List
-$6,400
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%

Purchase Details

Closed on
Jul 27, 1995
Sold by
Sterling Sav and Assenco Sterling
Bought by
Kahle Assenco and Kahle Matthew

Purchase Details

Closed on
Jun 27, 1994

Purchase Details

Closed on
Jun 14, 1994
Bought by
Kahle Matthew

Purchase Details

Closed on
Jun 13, 1994
Bought by
Kahle Matthew

Purchase Details

Closed on
Apr 30, 1994
Bought by
Kahle Matthew

Purchase Details

Closed on
Apr 29, 1994
Sold by
Haines Est and Haines Assenco C
Bought by
Kahle Matthew

Purchase Details

Closed on
Apr 28, 1994
Bought by
Kahle Matthew

Purchase Details

Closed on
Jan 10, 1977
Sold by
Hrstmnhf Hrstmnhf B B and Hrstmnhf Haines R
Bought by
Kahle Matthew
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Jacobs Doris A $280,000 None Available
Davis Nina Isi $213,500 None Available
Kahle Assenco $26,500 --
-- $3,000 --
Kahle Matthew -- --
Kahle Matthew $26,500 --
Kahle Matthew -- --
Kahle Matthew -- --
Kahle Matthew -- --
Kahle Matthew $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Doris A $100,000
Closed Jacobs Doris A $50,000
Open Jacobs Doris A $206,000
Closed Jacobs Doris A $238,000
Previous Owner Kahle Matthew $125,900
Previous Owner Kahle Matthew $15,000
Previous Owner Kahle Matthew $161,000
Previous Owner Assenco Charles $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2015 09/15/15 Sold $213,500 -2.9% --
09/02/2015 09/02/15 Pending -- -- --
08/29/2015 08/29/15 For Sale $219,900 -- --
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 $6,749 $243,600 $0 $0
2024 $6,749 $232,700 $0 $0
2023 $6,754 $203,800 $0 $0
2022 $6,417 $172,900 $0 $0
2021 $6,261 $170,900 $0 $0
2020 $6,025 $159,500 $0 $0
2019 $5,675 $134,500 $0 $0
2018 $5,675 $114,600 $0 $0
2017 $5,536 $104,000 $0 $0
2016 $5,564 $89,400 $0 $0
2015 $4,197 $89,400 $0 $0
2013 -- $81,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kay Courtney

    Courtney, Kay

  • Cherie Smith

    Buyer's Agent in 2015

    Cherie Smith

    Keller Williams Realty Rivertown

    (616) 318-5474

    3 in this area

    248 Total Sales

    Cherie Smith
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15046969

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-208-029

Michigan Kent County Grand Rapids 49503 Heritage Hill

553 Union Ave SE, Grand Rapids, MI

This home is located at 553 Union Ave SE, Grand Rapids, MI 49503 since 29 August 2015 and is currently estimated at $484,518. This property was built in 1899. 553 Union Ave SE is a home located in Kent County with nearby schools including Martin Luther King Leadership Academy, 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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