NOT LISTED FOR SALE

Estimated Value: $375,471 - $404,000

-- Bed
4 Baths
-- Sq Ft
0.27 Acres

Last Sold July 26, 2013

Last sale price $140,000

Est. 177% increase in value since last sale

Current estimated payment $2,294/month

306 Days on Market

Highlights

  • Private Waterfront
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • East Kentwood High School Rated A-
  • Home fronts a stream
  • 4-minute walk to Jaycee Park

About This Home

As of July 2013

Well maintained & shows excellent. Owned by perfectionist. Gorgeous landscaping, mature trees, & creek. Note 3 Br 2Ba units with finished walkouts. Updated w/ newer paint, carpet & trim. 5783 has updated kitchen. Both have central air 6 yrs new. Roof 4 yr old w/30 yr warranty. Newer plumbing. 2 sliders to deck and patio. This is a must see0 would make a great owner occupant. Also newer plumbing. underground sprinkling ( cost is because they water everyother day- note lush lawn). No Pets or smoking! Room descp: LR, KIT, 2 BR, BA DN: FR, BR, BA. identical units.

Last Agent to Sell the Property

Tony Lewis

RE/MAX of Grand Rapids (FH) License #6501242774 Listed on: 08/15/2012

Last Buyer's Agent

Mike Tobin

JH Realty Partners License #6501243255

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,278

Year Built

  • Built in 1968

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 80x145
  • Home fronts a stream
  • Private Waterfront
  • 80 Feet of Waterfront

Parking

  • 6 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Walk-Out Basement

Outdoor Features

  • Water Access

Utilities

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

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $918
  • Utility Expense $2,392
  • Gross Income $19,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,278

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1968
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 80x145
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3278.0
  • Tax Info:Zoning3: R-2
  • Waterfront Options:Water Access YN: Yes
  • 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
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: 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
  • Waterfront Options:Water Frontage3: 80.0
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Walk Out: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Walk Out

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 144900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Creek
  • Waterfront Features: Stream, Waterfront
  • Waterfront: Yes
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0
  • Extras:Garages: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Dimensions: 80x145
  • Lot Size Sq Ft: 11600.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas

Multi Family

  • Gross Income: 19080.0
  • Insurance Expense: 918.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3278.0
  • Tax Year: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2015
Sold by
Borgdorff Peter and Bordorff Janet
Bought by
Htoo Law Eh and Breu Se
Current Estimated Value
$387,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,798
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 15, 2012
Closed on
Jul 26, 2013
Sold by
Borgdoff Peter and Borgdoff Janet
Bought by
Yah Mor and Di Mu
Seller's Agent
Tony Lewis
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Mike Tobin
JH Realty Partners
List Price
$144,900
Sold Price
$140,000
Premium/Discount to List
-$4,900
-3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$105,000
Interest Rate
4.49%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 14, 2000
Bought by
Keizer Robert and Yah Mor
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
Htoo Law Eh $144,153 Attorney
Htoo Law E -- Attorney
Yah Mor -- None Available
Borgdorff Peter $140,000 None Available
Keizer Robert $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Htoo Law $100,000
Closed Htoo Law Eh $127,798
Previous Owner Borgdorff Peter $105,000
Previous Owner Keizer Robert $81,796
Previous Owner Keizer Robert $110,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2013 07/26/13 Sold $140,000 -3.4% --
06/17/2013 06/17/13 Pending -- -- --
08/15/2012 08/15/12 For Sale $144,900 -- --
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 $2,999 $169,500 $0 $0
2024 $2,999 $152,600 $0 $0
2023 $3,475 $147,200 $0 $0
2022 $3,278 $101,700 $0 $0
2021 $3,205 $96,900 $0 $0
2020 $2,450 $87,200 $0 $0
2019 $3,126 $78,500 $0 $0
2018 $3,058 $69,800 $0 $0
2017 $2,982 $65,400 $0 $0
2016 $2,901 $61,000 $0 $0
2015 $2,152 $61,000 $0 $0
2013 -- $58,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12045319

Southwestern Michigan Association of REALTORS®

APN: 41-18-32-420-003