NOT LISTED FOR SALE

Estimated Value: $198,000 - $250,000

-- Bed
-- Bath
-- Sq Ft
4,661 Sq Ft Lot

Last Sold February 15, 2024

Last sale price $235,000

Est. 4% decrease in value since last sale

Current estimated payment $1,441/month

6 Days on Market

About This Home

As of February 2024

Great investment opportunity with this ready to go 2 unit in Grand Rapids! Live in one unit, rent out the other, or rent both units and let it cash flow. Close to downtown GR and US 131. Seller has directed that any/all offers due by midnight, Sunday 1/21 and will be reviewed on Monday 1/22.

Last Agent to Sell the Property

Doug Mol

Five Star Real Estate (Main) Listed on: 01/16/2024

Five Star Real Estate (Main)

Last Buyer's Agent

Benjamin Palasek

Key Realty License #6501396314

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,129

Year Built

  • Built in 1912

Lot Details

  • 4,661 Sq Ft Lot
  • Lot Dimensions are 40x117

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Parking

  • 2 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,129

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 219900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 40x117
  • Lot Size Sq Ft: 4661.0
  • Zoning Description: Res-Improved
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1129.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Feb 16, 2024
Sold by
Wycliffe Bible Translators Inc
Bought by
Espaillat Abigail and Espaillat William
Seller's Agent
Doug Mol
Five Star Real Estate (Main)
Buyer's Agent
Benjamin Palasek
Key Realty
List Price
$219,900
Sold Price
$235,000
Premium/Discount to List
$15,100
6.87%
Total Days on Market
6
Views
20
Current Estimated Value
$224,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,197
Avg. Annual Appreciation
-4.40%
Original Mortgage
$211,500
Outstanding Balance
$208,980
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$12,772

Purchase Details

Listed on
Jan 16, 2024
Closed on
Dec 19, 2023
Sold by
Steward Enterprises Llc
Bought by
Wycliffe Bible Translators Inc
Seller's Agent
Doug Mol
Five Star Real Estate (Main)
Buyer's Agent
Benjamin Palasek
Key Realty
List Price
$219,900
Sold Price
$235,000
Premium/Discount to List
$15,100
6.87%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Outstanding Balance
$208,980
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$12,772

Purchase Details

Listed on
Jul 19, 2013
Closed on
Sep 6, 2013
Sold by
Hernandez Rebecca
Bought by
Steward Enterprises Llc
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Doug Mol
Five Star Real Estate (Main)
List Price
$36,900
Sold Price
$36,000
Premium/Discount to List
-$900
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.67%

Purchase Details

Listed on
Jul 19, 2013
Closed on
Jul 27, 2013
Sold by
Gibbs Mary
Bought by
Hernandez Rebecca
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Doug Mol
Five Star Real Estate (Main)
List Price
$36,900
Sold Price
$36,000
Premium/Discount to List
-$900
-2.44%

Purchase Details

Closed on
Oct 19, 2011
Sold by
Parrish Kenneth D
Bought by
Gibbs Mary

Purchase Details

Closed on
Oct 31, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Paramount Land Holdings Llc

Purchase Details

Closed on
Feb 6, 2008
Sold by
Moore Jacqueline
Bought by
Deutsche Bank National Trust Co and Ameriquest Mortgage Securities Inc Quest

Purchase Details

Closed on
Dec 5, 2003
Sold by
Vantubergen John W and Vantubergen Mary Lee
Bought by
Moore Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 2000
Bought by
Vantubergen and Steward Enterprises Llc

Purchase Details

Closed on
Apr 13, 2000

Purchase Details

Closed on
Apr 19, 1995
Sold by
Feringa Feringa S S and Feringa Godfrey R
Bought by
Godfrey R and Steward Enterprises Llc

Purchase Details

Closed on
Jun 30, 1992
Sold by
Hamacher Hamacher J J and Hamacher Pike S
Bought by
Steward Enterprises Llc

Purchase Details

Closed on
Jun 29, 1992
Sold by
Hamacher Hamacher J J and Hamacher Pike S
Bought by
Steward Enterprises Llc

Purchase Details

Closed on
Jun 28, 1992
Sold by
Fleet Hamacher J and Fleet Fin
Bought by
Steward Enterprises Llc

Purchase Details

Closed on
Oct 10, 1987

Purchase Details

Closed on
Oct 1, 1987

Purchase Details

Closed on
Nov 14, 1984

Purchase Details

Closed on
Nov 6, 1984

Purchase Details

Closed on
Jul 1, 1981
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
Espaillat Abigail $235,000 Star Title
Wycliffe Bible Translators Inc -- None Listed On Document
Steward Enterprises Llc $36,000 Sun Title Agency Of Mi Llc
Hernandez Rebecca -- None Available
Gibbs Mary $3,200 None Available
Paramount Land Holdings Llc $2,006 None Available
Deutsche Bank National Trust Co $53,038 None Available
Moore Jacqueline $62,500 Ati Title Company
Vantubergen $34,000 --
-- -- --
Godfrey R -- --
Steward Enterprises Llc $100 --
Steward Enterprises Llc -- --
Steward Enterprises Llc -- --
-- $18,500 --
-- $8,300 --
-- $100 --
-- $18,500 --
-- $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espaillat Abigail $211,500
Previous Owner Moore Jacqueline $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $235,000 +6.9% --
01/22/2024 01/22/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $219,900 +510.8% --
09/06/2013 09/06/13 Sold $36,000 -2.4% --
07/25/2013 07/25/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $36,900 -- --
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
2024 $2,188 $69,000 $0 $0
2023 $1,127 $57,800 $0 $0
2022 $1,126 $45,700 $0 $0
2021 $1,044 $40,800 $0 $0
2020 $1,009 $36,100 $0 $0
2019 $1,033 $32,900 $0 $0
2018 $1,001 $24,600 $0 $0
2017 $977 $21,000 $0 $0
2016 $982 $18,300 $0 $0
2015 $936 $18,300 $0 $0
2013 -- $20,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24003449

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-160-007