NOT LISTED FOR SALE

5909 Crestmoor Dr SE Unit 5911 Grand Rapids, MI 49508

Princeton Estates Neighborhood

Estimated Value: $341,000 - $371,000

-- Bed
2 Baths
-- Sq Ft
0.25 Acres

Last Sold February 29, 2016

Last sale price $148,500

Est. 126% increase in value since last sale

Current estimated payment $2,160/month

Highlights

  • Forced Air Heating and Cooling System
  • 4 Car Garage
  • Level Lot
  • East Kentwood High School Rated A-

About This Home

As of February 2016

Great Kentwood Side-by-side 6 Bedroom Duplex In Mint Condition Fully Rented With Great Rent History. Both Units Have: Rec Rooms, 3 Bedrooms (All On Main Floor Have Hardwood Flooring), New Central Air 2004, New Torn Off And Replaced Dimensional Shingle Roof 2006, Many New Appliances 2004-2005, Professionally Maintained Lawn 2003-2006, New Slider Doors 2004, New Flooring And Plumbing Fixtures 2004, Brand New Driveway And Walkways In 2004, Both Garage Doors And Remote Openers New 2005, New Flooring And Carpet Throughout 2005, And Completely New Electrical Service On Both Sides Complete With Quad Grounding Rods And Exterior Shut-offs As Well As Service Panels And Electric To Garage. Seller is a licensed real estate agent in Michigan.

Last Agent to Sell the Property

John Cremer

Five Star Real Estate (Grandv) License #6502418398 Listed on: 02/25/2016

Last Buyer's Agent

Mark Troy

Compass Realty Services License #6502355827

Compass Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,937

Year Built

  • Built in 1967

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 109x137x48x137
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Natural lighting in basement

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Gross Income $24,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,937

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1967
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 109x137x48x137
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2937.0
  • Tax Info:Zoning3: R1-C
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 2.0
  • 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:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Daylight: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Daylight

Exterior Features

  • List Price: 149900.0
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected
  • Water Source: Public

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: 24060.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2937.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2016
Closed on
Feb 29, 2016
Sold by
Cremer John E and Cremer Sally A
Bought by
5909 Crestmoor Llc
Seller's Agent
John Cremer
Five Star Real Estate (Grandv)
Buyer's Agent
Mark Troy
Compass Realty Services
List Price
$149,900
Sold Price
$148,500
Premium/Discount to List
-$1,400
-0.93%
Current Estimated Value
$335,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,685
Avg. Annual Appreciation
8.86%

Purchase Details

Closed on
Jul 29, 2010
Sold by
Kentwood Executive Properties Llc
Bought by
Cremer John and Cremer John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
4.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2004
Sold by
Cremer John E and Cremer Sally A
Bought by
Kentwood Executive Properties Llc

Purchase Details

Closed on
Sep 9, 2003
Sold by
Mitchell Janet B and Mitchell Henry David
Bought by
Cremer John E and Cremer Sally A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
6.43%
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
5909 Crestmoor Llc $148,500 None Available
Cremer John -- Trans
Kentwood Executive Properties Llc -- --
Cremer John E $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cremer John $94,500
Previous Owner Cremer John E $135,000
Previous Owner Cremer John E $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2016 02/29/16 Sold $148,500 -0.9% --
02/25/2016 02/25/16 For Sale $149,900 -- --
02/24/2016 02/24/16 Pending -- -- --
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 $3,707 $146,000 $0 $0
2024 $3,707 $131,400 $0 $0
2023 $4,568 $131,400 $0 $0
2022 $4,334 $92,500 $0 $0
2021 $4,230 $77,900 $0 $0
2020 $3,047 $77,900 $0 $0
2019 $4,120 $77,900 $0 $0
2018 $4,030 $74,000 $0 $0
2017 $3,932 $69,900 $0 $0
2016 $3,011 $66,200 $0 $0
2015 $2,937 $66,200 $0 $0
2013 -- $52,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Cremer

    Seller's Agent in 2016

    John Cremer

    Five Star Real Estate (Grandv)

    (616) 437-9166

    1 in this area

    685 Total Sales

    Section Image
  • Mark Troy

    Buyer's Agent in 2016

    Mark Troy

    Compass Realty Services

    (616) 452-4200

    15 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16007496

Southwestern Michigan Association of REALTORS®

APN: 41-18-33-377-014

Michigan Kent County Grand Rapids 49508 Princeton Estates

5909 Crestmoor Dr SE Unit 5911, Grand Rapids, MI

This home is located at 5909 Crestmoor Dr SE Unit 5911, Grand Rapids, MI 49508 since 25 February 2016 and is currently estimated at $354,497. This property was built in 1967. 5909 Crestmoor Dr SE Unit 5911 is a home located in Kent County with nearby schools including Discovery Elementary School, Pinewood Middle School, and East Kentwood Freshman Campus.

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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