NOT LISTED FOR SALE

610 Ethel Ave SE Unit 612 Grand Rapids, MI 49506

Eastown Neighborhood

Estimated Value: $293,000 - $408,000

-- Bed
-- Bath
-- Sq Ft
5,120 Acres

Last Sold June 16, 2015

Last sale price $123,000

Est. 176% increase in value since last sale

Current estimated payment $2,039/month

2 Days on Market

Highlights

  • 5,120 Acre Lot
  • Wooded Lot
  • Forced Air Heating System

About This Home

As of June 2015

Great 2 unit property located in the heart of Eastown. Easy to rent. Ample parking spaces. Each unit has a refrigerator and stove with a shared washer/dryer in the basement. Separate gas and electric. Spectacular bath in the upper unit. New roof, new furnace, much updating.

Last Agent to Sell the Property

Gregory Carlson

Five Star Real Estate (Main) License #6502135365 Listed on: 05/07/2015

Co-Listed By

Phil Carlson

Five Star Real Estate (Main) License #6502403788

Last Buyer's Agent

Dawn Longcore

Clarity Realty LLC License #6501320081

Clarity Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,220

Year Built

  • Built in 1940

Lot Details

  • 5,120 Acre Lot
  • Lot Dimensions are 40 x 128
  • Wooded Lot

Parking

  • 4 Parking Spaces

Home Design

  • Shingle Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $425
  • Gross Income $15,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,220

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1940
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40 x 128
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2220.0
  • Tax Info:Zoning3: R1-D
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • 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
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Shingle Siding
  • List Price: 119900.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Shingle Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 5120.0
  • Lot Size Area: 5120.0
  • Lot Size Sq Ft: 223027200.0
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 15300.0
  • Insurance Expense: 425.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2220.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2015
Closed on
Jun 12, 2015
Sold by
The Gregory R & Joyce E Carlson Trust
Bought by
Skorich Ronald L
Seller's Agent
Gregory Carlson
Five Star Real Estate (Main)
Buyer's Agent
Dawn Longcore
Clarity Realty LLC
List Price
$119,900
Sold Price
$123,000
Premium/Discount to List
$3,100
2.59%
Current Estimated Value
$339,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,543
Avg. Annual Appreciation
10.86%
Original Mortgage
$98,480
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 2013
Sold by
Carlson Gregory R and Carlson Joyce E
Bought by
Carlson Gregory R and Gregory R & Joyce E Carlson Tr

Purchase Details

Closed on
Jan 1, 2006
Sold by
Carlson Erik D
Bought by
Carlson Gregory R

Purchase Details

Closed on
Aug 4, 2004
Sold by
Evink Marcia L
Bought by
Carlson Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,550
Interest Rate
6.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 2000
Sold by
Kelly Kelly T T and Kelly B
Bought by
Carlson Gregory R Joyce E Trust

Purchase Details

Closed on
Feb 10, 2000
Sold by
Kelly Kelly T T and Kelly B
Bought by
Sikorski T and Carlson Gregory R Joyce E Trus

Purchase Details

Closed on
Nov 29, 1996
Sold by
Youngsma Ts and Youngsma Stiers A
Bought by
Stiers A and Carlson Gregory R Joyce E Trus

Purchase Details

Closed on
Dec 21, 1995
Sold by
Ver Burg and Ver Kelly T
Bought by
Kelly T and Carlson Gregory R Joyce E Trus

Purchase Details

Closed on
Nov 1, 1993
Sold by
Youngsma Youngsma A A and Youngsma Verburg C
Bought by
Carlson Gregory R Joyce E Trust

Purchase Details

Closed on
Sep 16, 1988

Purchase Details

Closed on
Jun 30, 1987
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
Skorich Ronald L $123,100 None Available
Carlson Gregory R -- None Available
Carlson Gregory R -- None Available
Carlson Erik $115,000 --
Carlson Gregory R Joyce E Trust -- --
Sikorski T $40,200 --
Stiers A -- --
Kelly T -- --
Carlson Gregory R Joyce E Trust $23,900 --
-- $33,500 --
-- $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skorich Ronald L $98,480
Previous Owner Carlson Erik $111,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2015 06/16/15 Sold $123,000 +2.6% --
05/09/2015 05/09/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $119,900 -- --
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 $2,866 $155,100 $0 $0
2024 $2,866 $140,400 $0 $0
2023 $2,868 $117,000 $0 $0
2022 $2,725 $108,300 $0 $0
2021 $2,659 $102,700 $0 $0
2020 $2,559 $97,600 $0 $0
2019 $2,643 $84,800 $0 $0
2018 $2,559 $75,600 $0 $0
2017 $2,494 $56,600 $0 $0
2016 $2,513 $51,700 $0 $0
2015 $2,269 $51,700 $0 $0
2013 -- $43,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Gregory Carlson

    Five Star Real Estate (Main)

    (616) 437-6475

    40 Total Sales

    Gregory Carlson
    Section Image

  • P

    Seller Co-Listing Agent in 2015

    Phil Carlson

    Five Star Real Estate (Main)

    (616) 791-1500

    23 Total Sales

    Phil Carlson
    Section Image

  • D

    Buyer's Agent in 2015

    Dawn Longcore

    Clarity Realty LLC

    (616) 301-3330

    24 Total Sales

    Dawn Longcore
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15022118

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-280-004

Michigan Kent County Grand Rapids 49506 Eastown

610 Ethel Ave SE Unit 612, Grand Rapids, MI

This home is located at 610 Ethel Ave SE Unit 612, Grand Rapids, MI 49506 since 07 May 2015 and is currently estimated at $339,543. This property was built in 1940. 610 Ethel Ave SE Unit 612 is a home located in Kent County with nearby schools including Campus Elementary School, 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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