NOT LISTED FOR SALE

5846 5848 Christie Ave SE Kentwood, MI 49508

Ridgebrook Neighborhood

Estimated Value: $373,164 - $400,000

-- Bed
4 Baths
-- Sq Ft
0.25 Acres

Last Sold August 13, 2018

Last sale price $191,000

Est. 102% increase in value since last sale

Current estimated payment $2,369/month

1 Day on Market

Highlights

  • Forced Air Heating System
  • 5 Car Garage
  • High Speed Internet
  • East Kentwood High School Rated A-

About This Home

As of August 2018

Large backyard, 3 car garage, new deck, owner just had sump pump installed, large walkout basements, and lots of people looking to rent. Great opportunity.
Unit 1: (5846); Occupied: Yes; Monthly Rent: 950; Bedrooms: 3; Bathrooms: 2 Full; Deck/Patio; Garage; Range Oven; Refrigerator; Sep. Heat System; W/D Hookup Unit 2: (5848); Occupied: No; Monthly Rent: 1200; Bedrooms: 3; Bathrooms: 2 Full; Deck/Patio; Garage; Range Oven; Refrigerator; Sep. Heat System; W/D Hookup

Last Agent to Sell the Property

Leigh Smith

Keller Williams Realty Rivertown License #6506046272 Listed on: 06/22/2018

Keller Williams Realty Rivertown

Last Buyer's Agent

Tiffany Szakal

Childress & Associates Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,100

Year Built

  • Built in 1969

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 82x135

Parking

  • 5 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Basement

  • Walk-Out Basement

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $960
  • Utility Expense $1,200
  • Operating Expense $3,360
  • Gross Income $24,000
  • Net Operating Income $20,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,100

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: 82x135
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3100.0
  • Tax Info:Zoning3: R1-C
  • 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
  • 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:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Walk Out: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walk Out

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 190000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0
  • Extras:Garages: Yes

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10890.0
  • Zoning Description: R1-C
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 24000.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 960.0
  • Net Operating Income: 20640.0
  • Number of Units Total: 2
  • Operating Expense: 3360.0

Tax Info

  • Tax Annual Amount: 3100.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2019
Sold by
Grostic Benjamin W and Grostic Jennifer L
Bought by
Grostic Bejamin W and Grostic Jennifer L
Current Estimated Value
$385,791

Purchase Details

Listed on
Jun 22, 2018
Closed on
Aug 13, 2018
Sold by
Khanal Tulashi and Khanal Tulasi
Bought by
Grostic Benjamin W and Grostic Jennifer L
Seller's Agent
Leigh Smith
Keller Williams Realty Rivertown
Buyer's Agent
Tiffany Szakal
Childress & Associates Realty
List Price
$190,000
Sold Price
$191,000
Premium/Discount to List
$1,000
0.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%
Original Mortgage
$141,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2017
Sold by
Jones Jimmie Nicole
Bought by
Khanal Tulsi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2013
Sold by
Colyer William H and Colyer William Harry
Bought by
Jones Jimmie Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,745
Interest Rate
4.75%
Mortgage Type
FHA
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
Grostic Bejamin W -- None Available
Grostic Benjamin W $191,000 Chicago Title Of Michigan
Khanal Tulsi $135,000 None Available
Jones Jimmie Nicole $118,900 Sun Title Agency Of Mi Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grostic Benjamin W $143,000
Closed Grostic Benjamin W $141,000
Previous Owner Khanal Tulsi $108,000
Previous Owner Jones Jimmie Nicole $116,745
Previous Owner Colyer William H $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2018 08/13/18 Sold $191,000 +0.5% --
06/23/2018 06/23/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $190,000 -- --
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 $3,254 $174,800 $0 $0
2024 $3,254 $157,500 $0 $0
2023 $3,465 $151,900 $0 $0
2022 $3,244 $105,200 $0 $0
2021 $3,178 $100,200 $0 $0
2020 $2,637 $90,300 $0 $0
2019 $3,421 $81,300 $0 $0
2018 $3,421 $72,200 $0 $0
2017 $3,099 $67,700 $0 $0
2016 $2,878 $63,200 $0 $0
2015 $2,795 $63,200 $0 $0
2013 -- $61,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leigh Smith

    Seller's Agent in 2018

    Leigh Smith

    Keller Williams Realty Rivertown

    (616) 294-0165

    68 Total Sales

    Leigh Smith
    Section Image

  • T

    Buyer's Agent in 2018

    Tiffany Szakal

    Childress & Associates Realty

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18029046

Southwestern Michigan Association of REALTORS®

APN: 41-18-32-440-012

Michigan Kent County Kentwood 49508 Ridgebrook

5846 5848 Christie Ave SE, Kentwood, MI

This home is located at 5846 5848 Christie Ave SE, Kentwood, MI 49508 since 22 June 2018 and is currently estimated at $385,791. This property was built in 1969. 5846 5848 Christie Ave SE is a home located in Kent County with nearby schools including Brookwood Elementary School, Valleywood 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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