NOT LISTED FOR SALE

618 Pine Ave NW Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $208,000 - $240,000

-- Bed
-- Bath
-- Sq Ft
4,514 Sq Ft Lot

Last Sold August 19, 2016

Last sale price $91,000

Est. 142% increase in value since last sale

Current estimated payment $1,365/month

43 Days on Market

About This Home

As of August 2016

Desirable location on GR NW side, convenient to bus lines, parks, schools, all the Bridge St & downtown happenings. Short commute to GVSU, Kendall & GRCC. Cash cow potential right here! Remodeled over the years with siding, roof, windows and doors. Both units have been remodeled not long ago with updated kitchens, baths, flooring, . Home shows well. Unit #1 offers covered front porch, enclosed front & rear porches, LR, 2 Bed, Kitchen w/breakfast nook, walk in pantry & 3/4 bath. Unit #2 has covered stairway & porch, LR, 2 bedrooms, kitchen w/eating area, pantry & bath w/claw foot tub. Both units fully equipped w/appliances stove & refrigerator. Older MI basement separate utilities, 2 furnaces, 2 H2O Htrs, 2 electric panels. Off street parking pad in rear. Potential money maker, do the math!

Last Agent to Sell the Property

Aurelia Becker

Pro Real Estate Services LLC License #6502390769 Listed on: 06/07/2016

Last Buyer's Agent

Jim King

Greenridge Realty (Summit) License #6506045991

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,266

Year Built

  • Built in 1890

Lot Details

  • 4,514 Sq Ft Lot
  • Lot Dimensions are 37x122

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Individual Gas Meter
  • Separate Water Meter
  • Shared Water Meter
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $900
  • Gross Income $1,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,266

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 37x122
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1266.0
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Heat Type:Wall Furnace: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Sep Gas Meter: Yes
  • Extras:Sep Water Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • List Price: 92450.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4514.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas

Multi Family

  • Gross Income: 1400.0
  • Insurance Expense: 900.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1266.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2016
Closed on
Aug 19, 2016
Sold by
Lawrence Hannah and Brossenbroek Hannah G
Bought by
Frantz Jonathan
Seller's Agent
Aurelia Becker
Pro Real Estate Services LLC
Buyer's Agent
Jim King
Greenridge Realty (Summit)
List Price
$94,900
Sold Price
$91,000
Premium/Discount to List
-$3,900
-4.11%
Current Estimated Value
$220,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,537
Avg. Annual Appreciation
9.79%
Original Mortgage
$89,351
Interest Rate
3.45%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2004
Sold by
Simons William M and Simons Diane
Bought by
Bossenbroek Hannah G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,250
Interest Rate
5.65%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Frantz Jonathan $91,000 Chicago Title Of Mi Inc
Bossenbroek Hannah G $79,900 Metropolitan Title Company
Simons William M $55,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frantz Jonathan $130,000
Closed Frantz Jonathan $87,000
Closed Frantz Jonathan $89,351
Previous Owner Bossenbroek Hannah G $79,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2016 08/19/16 Sold $91,000 -4.1% --
07/20/2016 07/20/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $94,900 -- --
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 $1,964 $95,300 $0 $0
2024 $1,964 $86,900 $0 $0
2023 $1,948 $77,300 $0 $0
2022 $1,851 $63,900 $0 $0
2021 $1,804 $56,800 $0 $0
2020 $1,744 $50,200 $0 $0
2019 $1,785 $40,400 $0 $0
2018 $1,434 $34,400 $0 $0
2017 $1,397 $29,800 $0 $0
2016 $1,329 $27,200 $0 $0
2015 $1,266 $27,200 $0 $0
2013 -- $24,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Aurelia Becker

    Seller's Agent in 2016

    Aurelia Becker

    Pro Real Estate Services LLC

    (616) 293-5269

    8 in this area

    93 Total Sales

    Aurelia Becker
    Section Image

  • J

    Buyer's Agent in 2016

    Jim King

    Greenridge Realty (Summit)

    (616) 284-1529

    41 Total Sales

    Jim King
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16028030

Southwestern Michigan Association of REALTORS®

APN: 41-13-23-413-004

Michigan Kent County Grand Rapids 49504 West Grand

618 Pine Ave NW, Grand Rapids, MI

This home is located at 618 Pine Ave NW, Grand Rapids, MI 49504 since 07 June 2016 and is currently estimated at $220,537. This property was built in 1890. 618 Pine Ave NW is a home located in Kent County with nearby schools including Stocking Elementary, Westwood Middle School, and Union 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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