NOT LISTED FOR SALE

614 Cherry St SE Grand Rapids, MI 49503

East Hills Neighborhood

Estimated Value: $543,000 - $652,000

-- Bed
-- Bath
-- Sq Ft
4,840 Sq Ft Lot

Last Sold March 01, 2018

Last sale price $340,200

Est. 75% increase in value since last sale

Current estimated payment $3,927/month

40 Days on Market

Highlights

  • Hot Water Heating System
  • Wood Siding
  • 3-minute walk to Cherry Park

About This Home

As of March 2018

Four unit Victorian located in the Cherry Hill Historic District. Apartments are always rented. Walking distance to Eastown and Downtown Grand Rapids. Three off street parking spaces. Apartment 3 has an out side sitting area/deck.

Last Agent to Sell the Property

Guy DeVries

Berkshire Hathaway HomeServices Michigan Real Estate (Cascade) License #6502358547 Listed on: 12/06/2017

Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)

Last Buyer's Agent

Tim Anders

Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6501299915

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,103

Year Built

  • Built in 1889

Lot Details

  • 4,840 Sq Ft Lot
  • Lot Dimensions are 44x110

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Phone Connected
  • Cable TV Available

Community Details

  • 4 Units
  • Utility Expense $3,014

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,103

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1889
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 44x110
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3103.0
  • Tax Info:Zoning3: Res multi fam
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Heat Type:Hot Water: Yes
  • Heat Type:Radiant: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 349800.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Radiant, Hot Water
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4840.0
  • Zoning Description: Res multi fam
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3103.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2017
Closed on
Mar 1, 2018
Sold by
Staam Breese W and The Garrett J Stam Revocable
Bought by
Tole Olvi
Seller's Agent
Guy DeVries
Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)
Buyer's Agent
Tim Anders
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$349,800
Sold Price
$340,200
Premium/Discount to List
-$9,600
-2.74%
Current Estimated Value
$594,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,199
Avg. Annual Appreciation
6.46%
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
Tole Olvi $340,200 Ata National Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tole Olvi $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $340,200 -2.7% --
01/15/2018 01/15/18 Pending -- -- --
12/06/2017 12/06/17 For Sale $349,800 -- --
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 $9,311 $329,700 $0 $0
2024 $9,311 $264,900 $0 $0
2023 $9,236 $247,300 $0 $0
2022 $8,778 $254,500 $0 $0
2021 $8,553 $186,800 $0 $0
2020 $8,266 $177,100 $0 $0
2019 $8,464 $158,600 $0 $0
2018 $3,181 $131,400 $0 $0
2017 $3,103 $102,700 $0 $0
2016 $3,119 $100,400 $0 $0
2015 $2,972 $100,400 $0 $0
2013 -- $82,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Guy DeVries

    Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)

    (616) 514-3012

    2 in this area

    56 Total Sales

    Guy DeVries
    Section Image
  • Tim Anders

    Buyer's Agent in 2018

    Tim Anders

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (616) 291-1467

    351 Total Sales

    Tim Anders
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17058306

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-476-002

Michigan Kent County Grand Rapids 49503 East Hills

614 Cherry St SE, Grand Rapids, MI

This home is located at 614 Cherry St SE, Grand Rapids, MI 49503 since 06 December 2017 and is currently estimated at $594,399. This property was built in 1889. 614 Cherry 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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