NOT LISTED FOR SALE

620 Liberty St SW Grand Rapids, MI 49503

Roosevelt Park Neighborhood

Estimated Value: $210,000 - $221,868

-- Bed
-- Bath
-- Sq Ft
4,617 Sq Ft Lot

Last Sold May 16, 2024

Last sale price $195,000

Est. 7% increase in value since last sale

Current estimated payment $1,269/month

5 Days on Market

Highlights

  • 1 Fireplace
  • High Speed Internet
  • Wood Siding
  • Forced Air Heating System
  • Level Lot

About This Home

As of May 2024

Wow!! Cash flowing investment property for under 200k! 2 Units. Unit 1: Upper Unit: 1 bedroom, 1 bath current rent is $1,100 per month. Unit 2: Lower: 2 bedroom, 1 bath, current rent is $1,400 per month. Total rents are $2,500 per month! Each unit has a kitchen with eating area. Large backyard, and off street parking. Roof is 8 years old, Furnace 5 years old and 1 newer water heater per owner. Separate utilities. Property is near a major bus line and grocery store. Don't miss this one! Tenant rights apply. 24 hour notice for all showings. Pre-approval letters or proof of funds required by seller before any showings are approved. Seller is selling 3 other properties. MLS 24015903, MLS 24015907 & MLS 24015981.

Last Agent to Sell the Property

David Van Dam

Five Star Real Estate (Grandv) Listed on: 04/04/2024

Five Star Real Estate (Grandv)

Last Buyer's Agent

Roberto Rodriguez-Leon

Five Star Real Estate (Grandv) License #6501422662

Five Star Real Estate (Grandv)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,468

Year Built

  • Built in 1925

Lot Details

  • 4,617 Sq Ft Lot
  • Lot Dimensions are 40' x 115'
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Shared Gas Meter
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,468

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1925
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40' x 115'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 1468.0
  • Tax Info:Zoning3: Res. Improved
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Extras:Sep Gas Meter: Yes
  • Heat Type:Space Heater: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Cable Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: No

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 199900.0
  • Lot Features: Level, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air, Space Heater
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 40' x 115'
  • Lot Size Sq Ft: 4617.0
  • Zoning Description: Res. Improved
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1468.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 20, 2024
Sold by
A-5 Property Management Llc
Bought by
Ramos Rolando
Seller's Agent
David Van Dam
Five Star Real Estate (Grandv)
Buyer's Agent
Roberto Rodriguez-Leon
Five Star Real Estate (Grandv)
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Views
27
Current Estimated Value
$209,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,535
Avg. Annual Appreciation
5.94%
Original Mortgage
$146,250
Outstanding Balance
$144,730
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$64,738

Purchase Details

Closed on
May 28, 2003
Sold by
Hintz Roger D and Hintz Joyce G
Bought by
A-5 Property Management Llc

Purchase Details

Closed on
Dec 1, 1989
Sold by
Bestrom Bestrom G G and Bestrom Hintz R
Bought by
A-5 Property Management Llc
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
Ramos Rolando $195,000 Ata National Title
A-5 Property Management Llc -- --
A-5 Property Management Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Rolando $146,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $195,000 -2.5% --
04/09/2024 04/09/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $199,900 -- --
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 $1,460 $95,400 $0 $0
2024 $1,460 $83,900 $0 $0
2023 $1,396 $70,600 $0 $0
2022 $1,377 $55,700 $0 $0
2021 $1,341 $49,600 $0 $0
2020 $1,297 $43,800 $0 $0
2019 $1,328 $40,100 $0 $0
2018 $1,382 $30,000 $0 $0
2017 $1,255 $25,600 $0 $0
2016 $1,262 $28,100 $0 $0
2015 $1,251 $28,100 $0 $0
2013 -- $26,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Van Dam

    Seller's Agent in 2024

    David Van Dam

    Five Star Real Estate (Grandv)

    (616) 890-8011

    1 in this area

    108 Total Sales

    Section Image

  • R

    Buyer's Agent in 2024

    Roberto Rodriguez-Leon

    Five Star Real Estate (Grandv)

    (616) 828-9974

    2 in this area

    66 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24015962

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-128-009

Michigan Kent County Grand Rapids 49503 Roosevelt Park

620 Liberty St SW, Grand Rapids, MI

This home is located at 620 Liberty St SW, Grand Rapids, MI 49503 since 04 April 2024 and is currently estimated at $214,217. This property was built in 1925. 620 Liberty St SW is a home located in Kent County with nearby schools including Cesar E. Chavez Elementary, Burton 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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