NOT LISTED FOR SALE

Estimated Value: $354,883 - $442,000

-- Bed
-- Bath
-- Sq Ft
6,316 Sq Ft Lot

Last Sold January 03, 2017

Last sale price $205,500

Est. 94% increase in value since last sale

Current estimated payment $2,643/month

8 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • 3-minute walk to Baldwin Park

About This Home

As of January 2017

Turn key rental property with a large 2 stall heated garage, seperate utilities and off street parking! Upstairs unit is 2 bedroom 1 bathroom currently renting for $650 a month but rent is extremely low for area and condition. Upstairs unit is on a month to month lease. Downstairs unit is a large 1 bedroom 1 bath and was just recently remodeled. Tenants just moved out. Current owner is in the process of rerenting the unit for $995 per month. Tenant pays their own gas, electric & trash. Full basement also has storage area and laundry facilities. Owner pays water which is $150 per quarter. one furnace was just replaced and is less than 2 years old. Awesome owner occupant unit or investor. Can't beat the location and parking. Call to see today.

Last Agent to Sell the Property

Lindsay VanDuinen-Scully

Re/Max of Grand Rapids (Grandville) License #6501325437 Listed on: 10/15/2016

Re/Max of Grand Rapids (Grandville)

Co-Listed By

Michael Ledford

RE/MAX of Grand Rapids (FH) License #6501390899

Last Buyer's Agent

Amy Abare

Five Star Real Estate (Main) License #6501267694

Five Star Real Estate (Main)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,372

Year Built

  • Built in 1900

Lot Details

  • 6,316 Sq Ft Lot
  • Lot Dimensions are 48x132

Parking

  • 4 Parking Spaces

Home Design

  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,133
  • Utility Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,372

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 199900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 48x132
  • Lot Size Sq Ft: 6316.0
  • Zoning Description: res multi famil
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 1133.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2372.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2022
Sold by
Edward Mester
Bought by
Huron Rental Properties Llc
Current Estimated Value
$398,971

Purchase Details

Listed on
Oct 15, 2016
Closed on
Jan 3, 2017
Sold by
Jl Equity Group Llc
Bought by
Meste4 Edward and Meste4o Mari J
Seller's Agent
Lindsay VanDuinen-Scully
Re/Max of Grand Rapids (Grandville)
Buyer's Agent
Amy Abare
Five Star Real Estate (Main)
List Price
$199,900
Sold Price
$205,500
Premium/Discount to List
$5,600
2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$154,125
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 12, 2016
Sold by
Mooney Robert B
Bought by
Jl Equity Group Llc

Purchase Details

Closed on
Aug 12, 1998
Sold by
Shutes Shutes N N and Shutes Mooney R
Bought by
Mooney Robert B

Purchase Details

Closed on
Apr 18, 1997
Sold by
Shutes Shutes N N and Shutes Mooney R
Bought by
Mooney Mooney R and Mooney Robert B
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
Huron Rental Properties Llc -- None Listed On Document
Meste4 Edward $205,500 None Available
Jl Equity Group Llc -- None Available
Mooney Robert B $30,000 --
Mooney Mooney R $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meste4 Edward $154,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2017 01/03/17 Sold $205,500 +2.8% --
10/23/2016 10/23/16 Pending -- -- --
10/15/2016 10/15/16 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 $5,044 $165,700 $0 $0
2024 $5,044 $152,800 $0 $0
2023 $5,003 $141,000 $0 $0
2022 $4,755 $125,100 $0 $0
2021 $4,633 $111,200 $0 $0
2020 $4,478 $98,200 $0 $0
2019 $4,585 $90,100 $0 $0
2018 $4,444 $83,900 $0 $0
2017 $3,946 $74,200 $0 $0
2016 $2,455 $58,700 $0 $0
2015 $2,339 $58,700 $0 $0
2013 -- $44,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16052755

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-278-016