NOT LISTED FOR SALE

Estimated Value: $212,000 - $219,000

-- Bed
-- Bath
-- Sq Ft
5,130 Sq Ft Lot

Last Sold March 08, 2023

Last sale price $195,000

Est. 11% increase in value since last sale

Current estimated payment $1,548/month

14 Days on Market

About This Home

As of March 2023

If you're looking for a 1% investment property here it is! Both units are leased with a gross rent of $2095.00. Start earning income immediately. This property is professionally managed and could continue with that. Both units are 2 bedrooms, with split utilities off street parking, and a very convenient location to the highway, schools, super market etc. Many updates throughout, including flooring, paint and appliances. Don't wait. Tenants rights exist, please be considerate.

Last Agent to Sell the Property

Tim VandenToorn

United Realty Services LLC License #6502392770 Listed on: 02/27/2023

Last Buyer's Agent

Jennifer Jordan

RE/MAX of Grand Rapids (FH) License #6501397586

RE/MAX of Grand Rapids (FH)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,502

Year Built

  • Built in 1920

Lot Details

  • 5,130

Parking

  • 5 Car Garage

Home Design

  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Michigan Basement
  • 5,130 Sq Ft Lot

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,502

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • List Price: 199000.0
  • Number of Buildings: 2
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0
  • Extras:Garages: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5130.0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1502.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Mar 8, 2023
Sold by
622 Shamrock Street Sw Trust
Bought by
Rumsey Ventures Llc
Seller's Agent
Tim VandenToorn
United Realty Services LLC
Buyer's Agent
Jennifer Jordan
RE/MAX of Grand Rapids (FH)
List Price
$199,000
Sold Price
$195,000
Premium/Discount to List
-$4,000
-2.01%
Total Days on Market
14
Views
65
Current Estimated Value
$215,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,754
Avg. Annual Appreciation
4.62%

Purchase Details

Closed on
Nov 21, 2017
Sold by
Lam Julie
Bought by
Smith Scott Royal and 622 Shamrock Street Sw Trust

Purchase Details

Closed on
Sep 13, 2017
Sold by
Lam Julie
Bought by
Smith Scott Royal and 622 Shamrock Street Sw Trust

Purchase Details

Closed on
Sep 30, 2016
Sold by
Estrada Alberto Javier and Sandoval Margaret
Bought by
Lam Julie

Purchase Details

Closed on
Jan 26, 2016
Sold by
Zavala Liliana
Bought by
Estrada Alberto Javier

Purchase Details

Closed on
Mar 22, 2010
Sold by
Secretary Of Housing & Urban Development
Bought by
Zavala Liliana

Purchase Details

Closed on
Sep 14, 2009
Sold by
Everbank
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Mar 11, 2009
Sold by
Matias Ramirez Rufino and Gomez Pablo Juliana
Bought by
Everbank

Purchase Details

Closed on
Jul 1, 2004
Sold by
Hampshire Management Llc
Bought by
Matias Ramirez Rufino and Gomez Pablo Juliana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,254
Interest Rate
6.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 2003
Sold by
J V Sruba Inc
Bought by
Hampshire Management Llc

Purchase Details

Closed on
Sep 22, 1999
Sold by
Kimber Kimber M M and Kimber C
Bought by
Rentl R and Rentl R

Purchase Details

Closed on
Dec 6, 1993
Sold by
Bykerk Bykerk J J and Bykerk Kimber M
Bought by
Zavala Liliana

Purchase Details

Closed on
Jul 23, 1991
Sold by
Bykerk Bykerk J J and Bykerk Kimber M
Bought by
Zavala Liliana

Purchase Details

Closed on
Mar 19, 1991
Sold by
Westerhof Westerhof E E and Westerhof Bykerk J
Bought by
Zavala Liliana

Purchase Details

Closed on
Dec 27, 1990
Sold by
Hoekzema Hoekzema C C and Hoekzema Bykerk J
Bought by
Zavala Liliana

Purchase Details

Closed on
Sep 28, 1989

Purchase Details

Closed on
Dec 21, 1988
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
Rumsey Ventures Llc $195,000 Irongate Title Agency
Smith Scott Royal -- None Available
Smith Scott Royal -- None Available
Lam Julie $54,000 Essential Title Agency Llc
Estrada Alberto Javier -- Attorney
Zavala Liliana $17,010 None Available
The Secretary Of Housing & Urban Develop -- None Available
Everbank $94,603 None Available
Matias Ramirez Rufino $95,000 Michigan Title Company
Hampshire Management Llc -- --
Rentl R $43,000 --
Zavala Liliana $37,000 --
Zavala Liliana $37,000 --
Zavala Liliana -- --
Zavala Liliana $25,000 --
-- $41,600 --
-- $25,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lam Julie $59,500
Previous Owner Matias Ramirez Rufino $94,254
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2023 03/08/23 Sold $195,000 -2.0% --
02/28/2023 02/28/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $199,000 0.0% --
02/17/2023 02/17/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $199,000 -- --
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
2024 $4,026 $80,700 $0 $0
2023 $1,644 $67,700 $0 $0
2022 $1,562 $53,500 $0 $0
2021 $1,522 $47,700 $0 $0
2020 $1,471 $42,200 $0 $0
2019 $1,506 $38,600 $0 $0
2018 $1,460 $28,800 $0 $0
2017 $1,424 $24,600 $0 $0
2016 $1,316 $27,500 $0 $0
2015 $1,460 $27,500 $0 $0
2013 -- $26,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23004512

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-127-006