NOT LISTED FOR SALE

Estimated Value: $359,939 - $373,000

-- Bed
4 Baths
-- Sq Ft
0.25 Acres

Last Sold August 04, 2015

Last sale price $145,000

Est. 154% increase in value since last sale

Current estimated payment $2,264/month

2 Days on Market

Highlights

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

About This Home

As of August 2015

Great opportunity to own a clean and vacant duplex in an area of great demand for rentals. This duplex has been owner occupied and well maintained since 1992. Both units have 3 bedrooms, 1 full and 1 half bath, plus finished recreation rooms in the walkout basement. Both units also have nice balcony overlooking a pond. Immediate possession at closing!

Last Agent to Sell the Property

Christopher Stevens

Christopher Stevens License #6501291345 Listed on: 05/28/2015

Last Buyer's Agent

Miralem Kovachevich

Five Star Real Estate (Ada) License #6501303948

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,538

Year Built

  • Built in 1969

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80 x 138

Parking

  • 3 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,538

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: 80 x 138
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2538.0
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: 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:Walk Out: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Walk Out

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 139900.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 11040.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2538.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2015
Closed on
Aug 4, 2015
Sold by
Smith Scott M and Smith Kari B
Bought by
Ibrahimovic Nihada and Ibrahimovic Mirsad
Seller's Agent
Christopher Stevens
Christopher Stevens
Buyer's Agent
Miralem Kovachevich
Five Star Real Estate (Ada)
List Price
$139,900
Sold Price
$145,000
Premium/Discount to List
$5,100
3.65%
Current Estimated Value
$368,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,235
Avg. Annual Appreciation
9.79%
Original Mortgage
$108,750
Outstanding Balance
$86,171
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$286,568
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
Ibrahimovic Nihada $145,000 Grand Rapids Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ibrahimovic Nihada $108,750
Previous Owner Smith Scott M $60,000
Previous Owner Smith Scott M $70,000
Previous Owner Beaumont Joseph $103,132
Previous Owner Smith Scott M $71,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2015 08/04/15 Sold $145,000 +3.6% --
05/30/2015 05/30/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $139,900 -- --
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 $3,275 $158,600 $0 $0
2024 $3,275 $142,800 $0 $0
2023 $2,993 $137,700 $0 $0
2022 $3,828 $95,200 $0 $0
2021 $3,736 $90,700 $0 $0
2020 $2,692 $81,600 $0 $0
2019 $3,640 $73,400 $0 $0
2018 $3,560 $65,300 $0 $0
2017 $3,474 $61,200 $0 $0
2016 $3,390 $57,100 $0 $0
2015 $2,521 $57,100 $0 $0
2013 -- $55,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15026986

Southwestern Michigan Association of REALTORS®

APN: 41-18-32-441-006