NOT LISTED FOR SALE

57 College Ave NE Unit 1 & 2 Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $601,000 - $659,000

-- Bed
-- Bath
-- Sq Ft
6,708 Sq Ft Lot

Last Sold February 25, 2016

Last sale price $280,000

Est. 122% increase in value since last sale

Current estimated payment $4,065/month

Highlights

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Wood Siding
  • Laundry Facilities

About This Home

As of February 2016

This is an amazing home in historical Heritage Hills. A great opportunity for owner occupancy. The location is Fabulous~! 2670 sq feet of living. Main floor Unit 1, with over 1250 sq ft. Gorgeous wood work through-out, Large up-dated kitchen with stainless appliances and lots of cupboard space. Master with remodeled bath and walk-in-closet, French door to back deck. Dinning/Living area w/ fireplace, large windows & ample lighting. An additional room can be used as a library or study area. Unit 2, with aprox 1400 plus sq feet, 2 bed / 2 baths is equally lovely. Beautiful entry with intricate wood deal. Shared laundry in basement. Furnace in Unit 1, 2 years old, Unit 2, 10 years old, separate gas & electric. updated electrical. Location, Location, Location!

Last Agent to Sell the Property

Julie Fox

Coldwell Banker Schmidt Realtors License #6501339646 Listed on: 02/08/2016

Coldwell Banker Schmidt Realtors

Last Buyer's Agent

Jodi Smith

EXP Realty (Grand Rapids) License #6506046020

EXP Realty (Grand Rapids)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,763

Year Built

  • Built in 1900

Lot Details

  • 6,708

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Additional Features

  • Michigan Basement
  • Lot Dimensions are 59 x 114

Community Details

  • 2 Units
  • Laundry Facilities
  • Operating Expense $2,200

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,763

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 59 X 114
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4762.97
  • 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
  • Air Conditioning:Central Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding, Concrete
  • List Price: 310000.0
  • 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
  • Exterior Material:Concrete: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Cable Connected, Telephone Line, Broadband

Lot Info

  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Number of Units Total: 2
  • Operating Expense: 2200.0

Tax Info

  • Tax Annual Amount: 4762.97
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2020
Sold by
Davis Julianne A
Bought by
Preece Scott E and Preece Laurel P
Current Estimated Value
$621,388

Purchase Details

Listed on
Feb 8, 2016
Closed on
Feb 25, 2016
Sold by
Boylan Eugene James and Viele Andrea
Bought by
Davis Julianne A
Seller's Agent
Julie Fox
Coldwell Banker Schmidt Realtors
Buyer's Agent
Jodi Smith
EXP Realty (Grand Rapids)
List Price
$349,900
Sold Price
$280,000
Premium/Discount to List
-$69,900
-19.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%
Original Mortgage
$218,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 2002
Sold by
Hoppus Jack A
Bought by
Boylan Eugene James and Boylan Eugene J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 1995
Sold by
Hoppus Hoppus L L and Hoppus J
Bought by
Boylan Eugene James Iii
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
Preece Scott E $390,000 None Listed On Document
Davis Julianne A $280,000 Grand Rapids Title Co Llc
Boylan Eugene James $300,000 Metropolitan Title Company
Boylan Eugene James Iii -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Julianne A $218,000
Previous Owner Boylan Eugene James $240,000
Closed Boylan Eugene James $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2016 02/25/16 Sold $280,000 -20.0% --
02/08/2016 02/08/16 For Sale $349,900 -- --
02/04/2016 02/04/16 Pending -- -- --
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 $9,254 $293,800 $0 $0
2024 $9,254 $282,500 $0 $0
2023 $9,259 $249,900 $0 $0
2022 $8,022 $204,000 $0 $0
2021 $10,524 $201,700 $0 $0
2020 $5,399 $188,200 $0 $0
2019 $5,580 $151,200 $0 $0
2018 $5,401 $124,100 $0 $0
2017 $5,337 $116,300 $0 $0
2016 $4,149 $100,300 $0 $0
2015 $4,763 $100,300 $0 $0
2013 -- $92,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julie Fox

    Seller's Agent in 2016

    Julie Fox

    Coldwell Banker Schmidt Realtors

    (616) 443-8261

    23 Total Sales

    Julie Fox
    Section Image
  • Jodi Smith

    Buyer's Agent in 2016

    Jodi Smith

    EXP Realty (Grand Rapids)

    (616) 437-2717

    95 Total Sales

    Jodi Smith
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15063767

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-253-012

Michigan Kent County Grand Rapids 49503 Heritage Hill

57 College Ave NE Unit 1 & 2, Grand Rapids, MI

This home is located at 57 College Ave NE Unit 1 & 2, Grand Rapids, MI 49503 since 08 February 2016 and is currently estimated at $621,388. This property was built in 1900. 57 College Ave NE Unit 1 & 2 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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