NOT LISTED FOR SALE

Estimated Value: $288,000 - $327,000

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold November 14, 2016

Last sale price $120,500

Est. 149% increase in value since last sale

Current estimated payment $1,915/month

2 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 5-minute walk to Coit Park
  • 2 Car Garage

About This Home

As of November 2016

Grand Rapids real estate-MEDICAL MILE! Fantastic opportunity for an owner-occupied income property or duplex rental in an extremely sought-after area! This home has 2 nearly-identical units, both w/ spacious living rms & dining rms, 2 bdrms & a bath. The current owners live in the lower unit & rent out the upper unit (which has access to the coin-operated washer/dryer in the basement). The main unit has beautiful, restored hardwood floors, stainless steel appliances & updates, including glass tile back splash. Upstairs also has an open layout, hardwood floors (currently painted), and large rooms. Outside is a sizable fenced-in backyard with room for a garden (planter boxes ready to go!). 2-stall garage & off-street parking on the alley. This home is in a perfect location, move-in ready!

Last Agent to Sell the Property

Karla Amaya-Leone

Edison Brokers & Co LLC License #6501380597 Listed on: 10/13/2016

Co-Listed By

Diane Griffin

Keller Williams GR North (Main) License #6502361836

Last Buyer's Agent

Jason Porte

Five Star Real Estate (M6) License #6501377480

Five Star Real Estate (M6)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,623

Year Built

  • Built in 1890

Lot Details

  • 4,792

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Parking

  • 2 Car Garage
  • Unpaved Driveway

Utilities

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

Additional Features

  • Michigan Basement
  • 4,792 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,623

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: 40*124
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1623.28
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 2
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 114800.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4792.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1623.28
  • Tax Year: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2016
Closed on
Nov 11, 2016
Sold by
Wickens Alyson
Bought by
Fish Ladder Ventures Llc
Seller's Agent
Karla Amaya-Leone
Edison Brokers & Co LLC
Buyer's Agent
Jason Porte
Five Star Real Estate (M6)
List Price
$114,800
Sold Price
$120,500
Premium/Discount to List
$5,700
4.97%
Current Estimated Value
$300,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,753
Avg. Annual Appreciation
10.93%

Purchase Details

Closed on
Nov 17, 2011
Sold by
Wildey Dan and Walling Matt
Bought by
Wickens Alyson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,320
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 1999
Sold by
Wildey Miller
Bought by
Wildey and Wildey Waling

Purchase Details

Closed on
Jun 12, 1986

Purchase Details

Closed on
Jun 10, 1986
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
Fish Ladder Ventures Llc $120,500 None Available
Wickens Alyson $46,500 The Closing Office Title Age
Wildey $37,500 --
-- $31,000 --
-- $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wickens Alyson $45,320
Previous Owner Wildey Daniel $39,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2016 11/14/16 Sold $120,500 +5.0% --
10/15/2016 10/15/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $114,800 -- --
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 $3,388 $123,300 $0 $0
2024 $3,388 $117,900 $0 $0
2023 $3,361 $110,100 $0 $0
2022 $3,194 $99,900 $0 $0
2021 $3,112 $89,600 $0 $0
2020 $3,008 $79,700 $0 $0
2019 $3,080 $71,900 $0 $0
2018 $2,985 $61,900 $0 $0
2017 $2,912 $54,700 $0 $0
2016 $1,692 $48,300 $0 $0
2015 $1,597 $48,300 $0 $0
2013 -- $36,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16052289

Southwestern Michigan Association of REALTORS®

APN: 41-14-19-334-006