NOT LISTED FOR SALE

614 Lafayette Ave SE Grand Rapids, MI 49503

South Hill Neighborhood

Estimated Value: $351,910 - $581,000

-- Bed
-- Bath
-- Sq Ft
6,380 Sq Ft Lot

Last Sold June 21, 2019

Last sale price $359,000

Est. 35% increase in value since last sale

Current estimated payment $3,117/month

72 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • 4-minute walk to Pleasant Park

About This Home

As of June 2019

If you've been looking for a perfect turn-key rental property we have it for you here. Located on Lafayette just outside of Heritage Hill you are just a short distance from the hospitals and all that downtown has to offer. This home will be desirable to all sorts of people looking for a home with high end finishes. Lower unit is a 2 bedroom and upper is a 2 bedroom with office that could be used as a 3rd bed. Hardwood floors, tiles in baths, granite counters. Both units have a custom ''live edge'' bar built into kitchen area. Stainless appliances and stackable washer/dryers. This home is perfect and has had an entire overhaul. New roof, windows, siding, new furnaces, updated electrical. Don't miss your chance to own a great investment!

Last Agent to Sell the Property

Chris Petter

Revive Realty License #6504395407 Listed on: 02/25/2019

Last Buyer's Agent

Santiago Gomez

Santiago Properties LLC License #6502427969

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 1915

Lot Details

  • 6,380 Sq Ft Lot

Parking

  • 4 Parking Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,640

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 389900.0
  • Number of Buildings: 1
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6380.0
  • Zoning Description: multi
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2640.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2022
Sold by
Mitchell William
Bought by
614 616 Lafayette Llc
Current Estimated Value
$483,478

Purchase Details

Listed on
Feb 25, 2019
Closed on
Jun 21, 2019
Sold by
West Michigan Property Holdings Llc
Bought by
Mitchell William
Seller's Agent
Chris Petter
Revive Realty
Buyer's Agent
Santiago Gomez
Santiago Properties LLC
List Price
$349,900
Sold Price
$359,000
Premium/Discount to List
$9,100
2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$269,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2016
Sold by
Brown Leslie Ann
Bought by
West Michigan Property Holdings

Purchase Details

Closed on
May 25, 2016
Sold by
Peterson Lonnie
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Sep 5, 2014
Sold by
Peterson Lonnie
Bought by
Brown Leslie Ann

Purchase Details

Closed on
Jan 14, 1989
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
614 616 Lafayette Llc -- --
Mitchell William $359,000 Bell Ttl Agcy Of Grand Rapid
West Michigan Property Holdings $1,000 None Available
The Bank Of New York Mellon $30,000 Attorney
Brown Leslie Ann -- None Available
-- $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell William $269,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2019 06/21/19 Sold $359,000 +2.6% --
05/08/2019 05/08/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $349,900 -- --
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 $6,522 $160,100 $0 $0
2024 $6,522 $142,900 $0 $0
2023 $6,405 $124,500 $0 $0
2022 $4,481 $103,100 $0 $0
2021 $4,366 $92,800 $0 $0
2020 $4,220 $82,500 $0 $0
2019 $2,911 $67,900 $0 $0
2018 $2,543 $49,100 $0 $0
2017 $2,541 $39,000 $0 $0
2016 $2,808 $35,100 $0 $0
2015 $3,484 $35,100 $0 $0
2013 -- $34,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Chris Petter

    Revive Realty

    (616) 366-2023

    13 Total Sales

    Chris Petter
    Section Image
  • Santiago Gomez

    Buyer's Agent in 2019

    Santiago Gomez

    Santiago Properties LLC

    (616) 337-0564

    3 in this area

    88 Total Sales

    Santiago Gomez
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19006534

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-178-007

Michigan Kent County Grand Rapids 49503 South Hill

614 Lafayette Ave SE, Grand Rapids, MI

This home is located at 614 Lafayette Ave SE, Grand Rapids, MI 49503 since 25 February 2019 and is currently estimated at $483,478. This property was built in 1915. 614 Lafayette Ave SE is a home located in Kent County with nearby schools including Gerald R. Ford Academic Center, 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes