NOT LISTED FOR SALE

57 Lurie St SE Grand Rapids, MI 49548

Estimated Value: $276,000 - $378,000

4 Beds
2 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold June 20, 2016

Last sale price $148,000

Est. 136% increase in value since last sale

Current estimated payment $2,044/month

8 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • Level Lot
  • East Kentwood High School Rated A-
  • 6 Car Garage

About This Home

As of June 2016

Very well maintained 2 Family investment property with great rental history. Each apartment has 2 Bedrooms, 1 Full Bathroom, Open Kitchen and Dining Area with their own washer/dryer units. This is an opportunity that you will not want to miss... the numbers make sense for an investor and could also make for a great opportunity to live in one unit and lease out the other... making it the most affordable option for home ownership out there! Both units have leases in place. Just down the road from newly opened Tanger Outlet Mall.

Last Agent to Sell the Property

Mark Oegema

@HomeRealty Holland License #6502365444 Listed on: 05/01/2016

Last Buyer's Agent

Ronald Tiller

Coldwell Banker AJS (28th St)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,216

Year Built

  • Built in 1987

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80x120
  • Level Lot

Parking

  • 6 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Natural lighting in basement

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,216

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1987
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 80x120
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2216.18
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: 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
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Daylight: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Daylight

Exterior Features

  • List Price: 149900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2216.18
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2016
Closed on
Jun 20, 2016
Sold by
Gale Trenten M and Gale Brittany
Bought by
Hopkins Ronald
Seller's Agent
Mark Oegema
@HomeRealty Holland
Buyer's Agent
Ronald Tiller
Coldwell Banker AJS (28th St)
List Price
$149,900
Sold Price
$148,000
Premium/Discount to List
-$1,900
-1.27%
Current Estimated Value
$348,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,794
Avg. Annual Appreciation
8.72%
Original Mortgage
$101,300
Outstanding Balance
$81,493
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$240,115

Purchase Details

Closed on
Dec 28, 2011
Sold by
Gale Trenten M and Gale Michael J
Bought by
Gale Trenten M and Gale Brittany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,250
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2006
Sold by
Dejong Dennis and Dejong Kelly
Bought by
Gale Trenten M and Gale Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
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
Hopkins Ronald $148,000 Chicago Title Of Mi Inc
Gale Trenten M -- None Available
Gale Trenten M $128,000 Independent Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hopkins Ronald $101,300
Previous Owner Gale Trenten M $77,250
Previous Owner Gale Trenten M $121,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2016 06/20/16 Sold $148,000 -1.3% --
05/09/2016 05/09/16 Pending -- -- --
05/01/2016 05/01/16 For Sale $149,900 -- --
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 $2,341 $106,300 $0 $0
2024 $2,341 $93,600 $0 $0
2022 $2,131 $78,800 $0 $0
2021 $3,286 $76,500 $0 $0
2020 $2,062 $71,900 $0 $0
2019 $3,198 $68,000 $0 $0
2018 $3,198 $69,000 $12,500 $56,500
2017 $0 $60,400 $0 $0
2016 $0 $51,700 $0 $0
2015 -- $51,700 $0 $0
2013 -- $49,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Oegema

    Seller's Agent in 2016

    Mark Oegema

    @HomeRealty Holland

    (616) 419-0499

    2 in this area

    108 Total Sales

    Mark Oegema
    Section Image

  • R

    Buyer's Agent in 2016

    Ronald Tiller

    Coldwell Banker AJS (28th St)

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16019742

Southwestern Michigan Association of REALTORS®

APN: 41-22-07-352-057

Michigan Kent County Grand Rapids 49548

57 Lurie St SE, Grand Rapids, MI

This home is located at 57 Lurie St SE, Grand Rapids, MI 49548 since 01 May 2016 and is currently estimated at $348,794. This property was built in 1987. 57 Lurie St SE is a home located in Kent County with nearby schools including Southwood Elementary, Pinewood Middle School, and East Kentwood 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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