NOT LISTED FOR SALE

Estimated Value: $418,000 - $442,000

-- Bed
5 Baths
-- Sq Ft
0.27 Acres

Last Sold November 15, 2024

Last sale price $402,000

Est. 7% increase in value since last sale

Current estimated payment $2,702/month

57 Days on Market

Highlights

  • 146 Feet of Waterfront
  • Stream or River on Lot
  • 1 Fireplace
  • East Kentwood High School Rated A-
  • Wooded Lot
  • 4-minute walk to Jaycee Park

About This Home

As of November 2024

Kentwood Duplex: A Fantastic Opportunity! Discover this spacious and versatile duplex, this property includes a 5-bedroom, 2.5-bath unit at 5789 generating $2095 and a 3-bedroom, 2-bath unit at 5791 generating $1400 a month. The property boasts two garage stalls and is nestled on a wooded lot with a serene creek running through the backyard. A newer roof adds to the appeal and ensures peace of mind. This property is perfect for generating rental income, or as a potential future multi-generational living solution. Don't miss this opportunity to own a duplex in a tranquil setting with modern conveniences!

Last Agent to Sell the Property

Justin Blacklock

EXP Realty LLC License #6501410112 Listed on: 09/03/2024

EXP Realty LLC

Last Buyer's Agent

Joel Horst

Bellabay Realty LLC License #6501425890

Bellabay Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,540

Year Built

  • Built in 1969

Lot Details

  • 0.27 Acre Lot
  • 146 Feet of Waterfront
  • Wooded Lot

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Water Views
  • Walk-Out Basement

Outdoor Features

  • Water Access
  • Stream or River on Lot

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,540

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1969
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 11,674
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 6540.0
  • Tax Info:Zoning3: 401 Res
  • Waterfront Options:Water Access YN: Yes
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 146.0
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Substructure Walk-Out Access2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Walk-Out Access
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 399900.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Water Body Name: Pine Creek
  • Waterfront Features: Stream/Creek
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

Association/Amenities

  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Dimensions: 11,674
  • Lot Size Sq Ft: 11674.0
  • Zoning Description: 401 Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 6540.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Nov 15, 2024
Sold by
Luong Andy
Bought by
Mki Enterprises Llc
Seller's Agent
Justin Blacklock
EXP Realty LLC
Buyer's Agent
Joel Horst
Bellabay Realty LLC
List Price
$419,900
Sold Price
$402,000
Premium/Discount to List
-$17,900
-4.26%
Views
49
Current Estimated Value
$430,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,278
Avg. Annual Appreciation
5.42%
Original Mortgage
$321,600
Outstanding Balance
$318,398
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$106,958

Purchase Details

Listed on
Jul 31, 2020
Closed on
Aug 21, 2020
Sold by
Jmc I Llc
Bought by
Luong Andy
Seller's Agent
Nate Bialik
Bialik Real Estate LLC
Buyer's Agent
Justin Blacklock
EXP Realty LLC
List Price
$239,000
Sold Price
$250,000
Premium/Discount to List
$11,000
4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%

Purchase Details

Listed on
Jul 31, 2020
Closed on
Jul 30, 2020
Sold by
Vander Slik Jr David J
Bought by
Jmc I Llc
Seller's Agent
Nate Bialik
Bialik Real Estate LLC
Buyer's Agent
Justin Blacklock
EXP Realty LLC
List Price
$239,000
Sold Price
$250,000
Premium/Discount to List
$11,000
4.6%

Purchase Details

Closed on
Nov 30, 2011
Sold by
4720 52Nd Street Llc
Bought by
Vanderslik David J and Vanderslik Lisa L

Purchase Details

Closed on
May 11, 2010
Sold by
Vander Slik Lisa L
Bought by
4720 52Nd Street Llc

Purchase Details

Closed on
Dec 24, 2007
Sold by
Vanderslik David J
Bought by
Vander Silk Lisa L and Lisa L Vander Slik Trust

Purchase Details

Closed on
Feb 8, 2007
Sold by
Laric Llc
Bought by
Vanderslik David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2006
Sold by
Secretariat For Social Justice Of The Di
Bought by
Laric Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mki Enterprises Llc $402,000 Chicago Title
Luong Andy $250,000 Chicago Title
Luong Andy $250,000 Chicago Title Of Mi Inc
Jmc I Llc -- None Listed On Document
Jmc I Llc -- None Available
Vanderslik David J -- None Available
4720 52Nd Street Llc -- None Available
Vander Silk Lisa L -- None Available
Vanderslik David J -- Title First Agency Inc
Laric Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mki Enterprises Llc $321,600
Previous Owner Vanderslik David J $147,200
Previous Owner Laric Llc $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2024 11/15/24 Sold $402,000 +0.5% --
10/12/2024 10/12/24 Pending -- -- --
10/04/2024 10/04/24 Price Changed $399,900 -2.4% --
09/20/2024 09/20/24 Price Changed $409,900 -2.4% --
09/03/2024 09/03/24 For Sale $419,900 0.0% --
08/23/2024 08/23/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $419,900 +68.0% --
08/20/2020 08/20/20 Sold $250,000 +4.6% -- View Prior Sale
08/04/2020 08/04/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $239,000 -- --
Source: MichRIC

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 $5,253 $187,100 $0 $0
2024 $5,253 $168,400 $0 $0
2023 $4,801 $162,400 $0 $0
2022 $6,141 $112,300 $0 $0
2021 $5,994 $107,000 $0 $0
2020 $2,909 $96,200 $0 $0
2019 $3,934 $86,600 $0 $0
2018 $3,847 $77,000 $0 $0
2017 $3,754 $72,200 $0 $0
2016 $3,663 $67,400 $0 $0
2015 $3,574 $67,400 $0 $0
2013 -- $64,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24043066

MichRIC

APN: 41-18-32-420-004