NOT LISTED FOR SALE

5992 Valley Lane Dr SE Grand Rapids, MI 49508

Princeton Estates Neighborhood

Estimated Value: $351,456 - $392,000

4 Beds
4 Baths
-- Sq Ft
0.4 Acres

Last Sold February 08, 2017

Last sale price $154,000

Est. 141% increase in value since last sale

Current estimated payment $2,257/month

47 Days on Market

Highlights

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

About This Home

As of February 2017

The same owner for 28 years have loved the single family neighborhood this duplex is located in - and right across the street from the school grades 6-12. Location Location Location makes this an excellent investment, 2 new furnaces and
8-10 year new shingles should make it hassle free! Perfect for owner occupant as the seller has the side with private access to the garage unoccupied for the sale - see it soon as it won't last long!

Last Agent to Sell the Property

Dan Otten

Five Star Real Estate (M6) License #6502120467 Listed on: 11/21/2016

Five Star Real Estate (M6)

Last Buyer's Agent

Ryan Kaufman

Five Star Real Estate (Rock) License #6506048690

Five Star Real Estate (Rock)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,601

Year Built

  • Built in 1978

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 109 x 160
  • Corner Lot: Yes

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,601

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1978
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 109 x 160
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2601.0
  • Tax Info:Zoning3: R2
  • 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 159900.0
  • Lot Features: Sidewalk, Corner Lot
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Dimensions: 109 x 160
  • Lot Size Sq Ft: 17424.0
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2601.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2021
Sold by
Vankooten Steven P
Bought by
Vankooten Steven P
Current Estimated Value
$370,864

Purchase Details

Listed on
Nov 21, 2016
Closed on
Feb 7, 2017
Sold by
Vanengen Dan and Vanengen Kim
Bought by
Vankooten Steven P and Vankooten Susan M
Seller's Agent
Dan Otten
Five Star Real Estate (M6)
Buyer's Agent
Ryan Kaufman
Five Star Real Estate (Rock)
List Price
$169,900
Sold Price
$154,000
Premium/Discount to List
-$15,900
-9.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%
Original Mortgage
$115,500
Interest Rate
4.32%
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 Buyer Sale Price Title Company
Vankooten Steven P -- None Listed On Document
Vankooten Steven P $164,000 Startitle Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vankooten Steven P $115,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2017 02/08/17 Sold $154,000 -9.4% --
01/07/2017 01/07/17 Pending -- -- --
11/21/2016 11/21/16 For Sale $169,900 -- --
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 $3,373 $128,800 $0 $0
2024 $3,373 $115,900 $0 $0
2023 $4,156 $115,900 $0 $0
2022 $3,943 $81,600 $0 $0
2021 $3,848 $68,700 $0 $0
2020 $2,788 $68,700 $0 $0
2019 $3,770 $68,700 $0 $0
2018 $3,687 $65,300 $0 $0
2017 $2,733 $61,600 $0 $0
2016 $2,667 $58,400 $0 $0
2015 $2,602 $58,400 $0 $0
2013 -- $46,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Dan Otten

    Five Star Real Estate (M6)

    (616) 257-9500

    15 in this area

    87 Total Sales

    Dan Otten
    Section Image

  • R

    Buyer's Agent in 2017

    Ryan Kaufman

    Five Star Real Estate (Rock)

    (616) 821-3743

    1 in this area

    130 Total Sales

    Ryan Kaufman
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16048278

Southwestern Michigan Association of REALTORS®

APN: 41-18-33-452-031

Michigan Kent County Grand Rapids 49508 Princeton Estates

5992 Valley Lane Dr SE, Grand Rapids, MI

This home is located at 5992 Valley Lane Dr SE, Grand Rapids, MI 49508 since 21 November 2016 and is currently estimated at $370,864. This property was built in 1978. 5992 Valley Lane Dr SE 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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