NOT LISTED FOR SALE

558 Fountain St NE Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $476,000 - $587,000

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold July 14, 2020

Last sale price $321,000

Est. 64% increase in value since last sale

Current estimated payment $3,618/month

1 Day on Market

About This Home

As of July 2020

Invest into this beautiful Heritage Hills Home with a gorgeous wrap around porch that tenants will rave about. The property offers a unigue option of remaining a split level duplex and reaping the rewards of this investment or restoring it to it's single family origin. The main floor boasts two full bathrooms and an incredible master bedroom complete with personal fireplace to warm your evenings. The living room offers another fireplace for gatherings or you can eat around a large table in the dining hall. The second bedroom is complete with it's own ensuite bathroom. The upstairs holds it's own kitchen with a 3 bedroom and one bathroom rentable unit with seperate utilities. Finish the attic to add another master bedroom. Coveted off street parking to top it all off with two spaces.

Last Agent to Sell the Property

Matthew Luce

Real5 License #6501404157 Listed on: 05/26/2020

Last Buyer's Agent

Samuel Lewald

Keystone Home Group Realty LLC License #6501425502

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,112

Year Built

  • Built in 1890

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 2 Parking Spaces

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $762
  • Gross Income $17,400

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,112

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

  • List Price: 320000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 17400.0
  • Insurance Expense: 762.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4112.12
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Jul 14, 2020
Sold by
Duron Adam
Bought by
Lockstadt Ariana and Slattery Casey
Seller's Agent
Matthew Luce
Real5
Buyer's Agent
Samuel Lewald
Keystone Home Group Realty LLC
List Price
$320,000
Sold Price
$321,000
Premium/Discount to List
$1,000
0.31%
Current Estimated Value
$526,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,578
Avg. Annual Appreciation
8.50%
Original Mortgage
$272,850
Outstanding Balance
$244,092
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$247,299

Purchase Details

Closed on
Jan 19, 2007
Sold by
Dell Susanne and Albaitis Susanne M
Bought by
Duron Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,920
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2006
Sold by
Vanderberg David and Vanderberg Kristen
Bought by
Nelson Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,920
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 1999
Sold by
Hubers Hubers R R and Hubers R
Bought by
Duron Dell S and Duron Adam

Purchase Details

Closed on
Feb 29, 1996
Sold by
Hubers Hubers R R and Hubers R
Bought by
Duron Hubers R and Duron Adam

Purchase Details

Closed on
Dec 17, 1993
Sold by
Hubers Hubers R R and Hubers R
Bought by
Duron Adam

Purchase Details

Closed on
Oct 26, 1988
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
Lockstadt Ariana $321,000 None Available
Duron Adam $179,900 None Available
Nelson Jeffrey $154,900 Metropolitan Title Company
Duron Dell S $155,000 --
Duron Hubers R -- --
Duron Adam -- --
-- $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lockstadt Ariana $272,850
Previous Owner Duron Adam $143,920
Previous Owner Nelson Jeffrey $154,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2020 07/14/20 Sold $321,000 +0.3% --
05/27/2020 05/27/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $320,000 -- --
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 $9,922 $249,300 $0 $0
2024 $9,922 $239,600 $0 $0
2023 $9,842 $212,000 $0 $0
2022 $9,354 $180,400 $0 $0
2021 $7,417 $174,300 $0 $0
2020 $3,980 $160,100 $0 $0
2019 $4,112 $142,700 $0 $0
2018 $3,980 $120,100 $0 $0
2017 $4,138 $109,700 $0 $0
2016 $3,910 $94,800 $0 $0
2015 $3,690 $94,800 $0 $0
2013 -- $87,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthew Luce

    Seller's Agent in 2020

    Matthew Luce

    Real5

    (616) 638-0525

    1 in this area

    116 Total Sales

    Matthew Luce
    Section Image

  • S

    Buyer's Agent in 2020

    Samuel Lewald

    Keystone Home Group Realty LLC

    (616) 201-1787

    42 Total Sales

    Samuel Lewald
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20013992

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-255-004

Michigan Kent County Grand Rapids 49503 Heritage Hill

558 Fountain St NE, Grand Rapids, MI

This home is located at 558 Fountain St NE, Grand Rapids, MI 49503 since 26 May 2020 and is currently estimated at $526,578. This property was built in 1890. 558 Fountain St NE is a home located in Kent County with nearby schools including Grand Rapids Montessori 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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