NOT LISTED FOR SALE

616 Kellogg St SE Grand Rapids, MI 49503

East Hills Neighborhood

Estimated Value: $421,000 - $475,000

-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold May 14, 2018

Last sale price $251,000

Est. 76% increase in value since last sale

Current estimated payment $2,816/month

5 Days on Market

Highlights

  • 0.2 Acre Lot
  • Level Lot
  • 4-minute walk to Baldwin Park
  • Forced Air Heating System
  • Wood Siding

About This Home

As of May 2018

Four Unit Rental Property, First house outside of Historical Heritage Hill. Conveniently located, close to downtown 48 Hour Notice to show.

Last Agent to Sell the Property

Kay Courtney

Courtney, Kay License #6502130581 Listed on: 03/20/2018

Last Buyer's Agent

Shawna Adams

Trendz Realty License #6504304925

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,553

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132
  • Level Lot

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • 4 Units

Building Details

  • Maintenance Expense $500
  • Gross Income $25,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,553

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: 66 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3552.69
  • Tax Info:Zoning3: R-3
  • General Property Info:Total _pound_ Units: 4
  • 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
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 295000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Cable Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 25920.0
  • Maintenance Expense: 500.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3552.69
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2018
Closed on
May 14, 2018
Sold by
Burr Stephanie 0 and Burr James Booth
Bought by
Braun Molly A
Seller's Agent
Kay Courtney
Courtney, Kay
Buyer's Agent
Shawna Adams
Trendz Realty
List Price
$295,000
Sold Price
$251,000
Premium/Discount to List
-$44,000
-14.92%
Current Estimated Value
$442,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,821
Avg. Annual Appreciation
7.70%
Original Mortgage
$188,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2016
Sold by
Burr Thomas D
Bought by
Burr James Booth

Purchase Details

Closed on
Feb 24, 2016
Sold by
Burr Stephanie O and Burr James Booth
Bought by
Burr James Booth

Purchase Details

Closed on
Apr 23, 1992
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
Braun Molly A $251,000 First American Title
Burr James Booth -- Attorney
Burr James Booth -- Attorney
-- $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braun Molly A $188,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2018 05/14/18 Sold $251,000 -14.9% --
03/25/2018 03/25/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $295,000 -- --
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 $5,612 $195,300 $0 $0
2024 $5,612 $157,300 $0 $0
2023 $5,567 $145,800 $0 $0
2022 $5,291 $146,700 $0 $0
2021 $5,155 $109,900 $0 $0
2020 $4,983 $105,000 $0 $0
2019 $5,378 $95,600 $0 $0
2018 $3,119 $89,600 $0 $0
2017 $3,553 $71,800 $0 $0
2016 $3,057 $64,000 $0 $0
2015 $3,150 $64,000 $0 $0
2013 -- $55,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kay Courtney

    Courtney, Kay

  • S

    Buyer's Agent in 2018

    Shawna Adams

    Trendz Realty

    (616) 334-4608

    33 Total Sales

    Shawna Adams
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18010427

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-432-005

Michigan Kent County Grand Rapids 49503 East Hills

616 Kellogg St SE, Grand Rapids, MI

This home is located at 616 Kellogg St SE, Grand Rapids, MI 49503 since 20 March 2018 and is currently estimated at $442,821. This property was built in 1900. 616 Kellogg St SE is a home located in Kent County with nearby schools including Grand Rapids Montessori 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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