NOT LISTED FOR SALE

608 Bates St SE Grand Rapids, MI 49503

South Hill Neighborhood

Estimated Value: $245,000 - $316,000

-- Bed
-- Bath
-- Sq Ft
6,468 Sq Ft Lot

Last Sold January 20, 2017

Last sale price $79,050

Est. 266% increase in value since last sale

Current estimated payment $1,900/month

45 Days on Market

Highlights

  • Wooded Lot
  • Hot Water Heating System
  • 4 Car Garage

About This Home

As of January 2017

Investment property with three units, two of which are currently vacant and the third with six months left on their lease. Property has spacious rooms and neutral colors throughout. Large detached garage on property as well.

Last Agent to Sell the Property

Aaron Metaj

Sterling Realty Services Inc.-I Listed on: 11/02/2016

Last Buyer's Agent

Aaron Metaj

Bellabay Realty LLC License #6502419485

Bellabay Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,563

Year Built

  • Built in 1900

Lot Details

  • 6,468 Sq Ft Lot
  • Wooded Lot

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Basement

  • Michigan Basement

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $303
  • Gross Income $13,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,563

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 49*132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1562.8
  • Tax Info:Zoning3: res
  • General Property Info:Total _pound_ Units: 3
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Heat Type:Hot Water: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 94900.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes

Utilities

  • Heating: Hot Water, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6468.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 13740.0
  • Insurance Expense: 303.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1562.8
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2019
Sold by
Dak Gilinsky Member Of Grand Oaks Prop L
Bought by
Neyer Jordan
Current Estimated Value
$289,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Outstanding Balance
$86,866
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$197,934

Purchase Details

Listed on
Nov 2, 2016
Closed on
Mar 2, 2017
Sold by
Neyer Jordon
Bought by
Grand Oaks Properties Llc
Seller's Agent
Aaron Metaj
Sterling Realty Services Inc.-I
Buyer's Agent
Aaron Metaj
Bellabay Realty LLC
List Price
$99,900
Sold Price
$79,050
Premium/Discount to List
-$20,850
-20.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.15%
Original Mortgage
$59,287
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2016
Closed on
Jan 20, 2017
Sold by
Peterson Property Group Llc
Bought by
Neyer Jordan
Seller's Agent
Aaron Metaj
Sterling Realty Services Inc.-I
Buyer's Agent
Aaron Metaj
Bellabay Realty LLC
List Price
$99,900
Sold Price
$79,050
Premium/Discount to List
-$20,850
-20.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,287
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2008
Sold by
Peterson Mark A and Peterson Patricia K
Bought by
Peterson Property Group Llc

Purchase Details

Closed on
Jun 13, 2003
Sold by
Look Reginald K and Look Soraya
Bought by
Peterson Mark and Peterson Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
5.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 14, 2000
Sold by
Feikema Fred J and Feikema Esther W
Bought by
Research Property Of Michigan Llc

Purchase Details

Closed on
Mar 3, 2000
Sold by
Fekma Fekma F F and Fekma E
Bought by
Cremer J and Peterson Property Group Llc

Purchase Details

Closed on
Dec 4, 1997
Sold by
Feikema Feikema F F and Feikema E
Bought by
Clark J and Peterson Property Group Llc

Purchase Details

Closed on
Mar 2, 1993
Sold by
Conner Conner C C and Conner Feikema F
Bought by
Peterson Property Group Llc

Purchase Details

Closed on
Jun 17, 1992
Sold by
Conner Conner C C and Conner Stevens J
Bought by
Peterson Property Group Llc

Purchase Details

Closed on
Jul 27, 1990
Sold by
Feikema Feikema F F and Feikema Conner C
Bought by
Peterson Property Group Llc
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
Neyer Jordan -- None Available
Grand Oaks Properties Llc -- None Available
Neyer Jordan $79,050 Midstate Title Agency Llc
Peterson Property Group Llc -- None Available
Peterson Mark $96,000 --
Research Property Of Michigan Llc $32,000 --
Cremer J $32,000 --
Clark J $40,000 --
Peterson Property Group Llc -- --
Peterson Property Group Llc -- --
Peterson Property Group Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neyer Jordan $98,000
Previous Owner Neyer Jordan $59,287
Previous Owner Peterson Mark $76,800
Previous Owner Cremer John E $71,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2017 01/20/17 Sold $79,050 -20.9% --
12/17/2016 12/17/16 Pending -- -- --
11/02/2016 11/02/16 For Sale $99,900 -- --
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 $3,820 $111,100 $0 $0
2024 $3,820 $104,700 $0 $0
2023 $3,789 $89,800 $0 $0
2022 $3,601 $79,900 $0 $0
2021 $3,509 $79,000 $0 $0
2020 $3,391 $66,300 $0 $0
2019 $2,443 $51,600 $0 $0
2018 $2,368 $44,700 $0 $0
2017 $1,609 $33,900 $0 $0
2016 $1,617 $30,200 $0 $0
2015 $1,541 $30,200 $0 $0
2013 -- $29,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Aaron Metaj

    Sterling Realty Services Inc.-I

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16055182

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-282-008

Michigan Kent County Grand Rapids 49503 South Hill

608 Bates St SE, Grand Rapids, MI

This home is located at 608 Bates St SE, Grand Rapids, MI 49503 since 02 November 2016 and is currently estimated at $271,448. This property was built in 1900. 608 Bates St SE is a home located in Kent County with nearby schools including Martin Luther King Leadership Academy, Alger Middle School, and Ottawa Hills 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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