$110,000
SOLD FEB 5, 2015
-- Bed
-- Bath
-- Sq Ft
0.39 Acres

Recently Sold

15% Below List Price

2 Days on Market

Highlights

  • Corner Lot: Yes
  • Forced Air Heating System
  • Hot Water Heating System
  • East Kentwood High School Rated A-

About This Home

As of November 2015

Great investment opportunity as a 2 unit or ideal for an owner occupant. The larger unit features a family room with fireplace and 2.5 stall garage. Square footage of home and lot are estimated.

Last Agent to Sell the Property

Jennifer Fields

RE/MAX of Grand Rapids (Wyomg) Listed on: 01/03/2015

Last Buyer's Agent

Laura Carr

City2Shore Real Estate Inc. License #6502392768

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 115x118x149x101
  • Corner Lot: Yes

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1966
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 115x118x149x101
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3312.0
  • Tax Info:Zoning3: 401 Res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • 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
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Heat Type:Hot Water: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 129900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Unit 1:Garage4: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.39
  • Lot Size Area: 0.39
  • Lot Size Sq Ft: 17135.0
  • Zoning Description: 401 Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3312.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2015
Closed on
Nov 13, 2015
Sold by
Ms Kays Homes Llc
Bought by
Morefield Thomas and Morefield Sarah
Seller's Agent
Laura Carr
City2Shore Real Estate Inc.
Buyer's Agent
Steve Frody
City2Shore Real Estate Inc.
List Price
$149,900
Sold Price
$148,000
Premium/Discount to List
-$1,900
-1.27%
Current Estimated Value
$398,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,637
Avg. Annual Appreciation
10.27%
Original Mortgage
$145,319
Outstanding Balance
$114,272
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$271,980

Purchase Details

Closed on
Apr 30, 2015
Sold by
Buffinga Bradley and Buffinga Allison
Bought by
Ms Kay Homes Llc

Purchase Details

Listed on
Jan 3, 2015
Closed on
Feb 5, 2015
Sold by
Henning Martha N
Bought by
Buffinga Bradley and Buffinga Allison
Seller's Agent
Jennifer Fields
RE/MAX of Grand Rapids (Wyomg)
Buyer's Agent
Laura Carr
City2Shore Real Estate Inc.
List Price
$129,900
Sold Price
$110,000
Premium/Discount to List
-$19,900
-15.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%
Original Mortgage
$82,500
Interest Rate
3.66%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $148,000 Midstate Title Agency Llc
Quit Claim Deed -- None Available
Warranty Deed $110,000 Group Title Agency Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $70,000 New Conventional
Closed $24,000 New Conventional
Open $145,319 FHA
Previous Owner $82,500 New Conventional
Previous Owner $179,100 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2015 11/13/15 Sold $148,000 -1.3% --
09/22/2015 09/22/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $149,900 +36.3% --
02/05/2015 02/05/15 Sold $110,000 -15.3% --
01/05/2015 01/05/15 Pending -- -- --
01/03/2015 01/03/15 For Sale $129,900 -- --
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 $3,734 $164,400 $0 $0
2024 $3,734 $148,000 $0 $0
2023 $3,395 $148,000 $0 $0
2022 $4,081 $104,200 $0 $0
2021 $3,989 $87,700 $0 $0
2020 $3,050 $87,700 $0 $0
2019 $3,807 $87,700 $0 $0
2018 $3,807 $83,300 $0 $0
2017 $3,712 $78,700 $0 $0
2016 $3,644 $74,500 $0 $0
2015 $3,317 $74,500 $0 $0
2013 -- $59,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15000201

Southwestern Michigan Association of REALTORS®

APN: 41-18-33-378-012