NOT LISTED FOR SALE

632 Crescent St NE Unit 2 Grand Rapids, MI 49503

Midtown Grand Rapids Neighborhood

Estimated Value: $279,823 - $400,000

-- Bed
-- Bath
-- Sq Ft
4,400 Sq Ft Lot

Last Sold March 03, 2015

Last sale price $64,100

Est. 430% increase in value since last sale

Current estimated payment $2,205/month

3 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Wood Siding

About This Home

As of March 2015

A spacious two-family in the Medical Mile area, just East of Heritage Hill. Property needs work, but priced accordingly.
Lower: 2 Bds, 1 Bath, Fireplace
Upper: 1 Bd, Bath
Off-street parking via alley behind.
Walk to work! This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Anthony DeBartolo

DeBartolo Realty - I License #6502353236 Listed on: 02/16/2015

Last Buyer's Agent

Mike Smallegan

Smallegan Real Estate License #6502431660

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,400 Sq Ft Lot
  • Lot Dimensions are 44x100

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tenant pays for gas

Property Details

Home Type

Multi-Family

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
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 32.95
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 44x100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2000.0
  • Tax Info:Zoning3: multi
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 57000.0
  • Lot Features: 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

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4400.0
  • Zoning Description: multi
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2000.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
Mel Trotter Ministries
Bought by
Mtm Housing Llc
Current Estimated Value
$339,706

Purchase Details

Closed on
Mar 29, 2021
Sold by
Next Step Of West Michigan
Bought by
Mel Trotter Ministries

Purchase Details

Closed on
Dec 31, 2019
Sold by
Kent County Land Bank Authority
Bought by
City Of Grand Rapids

Purchase Details

Closed on
Jul 22, 2019
Sold by
City Of Grand Rapids
Bought by
Kent Countyu Land Bank Authority

Purchase Details

Closed on
Jul 15, 2019
Sold by
Parrish Kenneth D
Bought by
The City Of Grand Rapids

Purchase Details

Listed on
Feb 16, 2015
Closed on
Feb 27, 2015
Sold by
Fannie Mae
Bought by
Major Seth
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Mike Smallegan
Smallegan Real Estate
List Price
$57,000
Sold Price
$64,100
Premium/Discount to List
$7,100
12.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.68%

Purchase Details

Closed on
Sep 20, 2013
Sold by
Pnc Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 8, 2013
Sold by
Wolfe Marjorie E
Bought by
Pnc Bank National Association

Purchase Details

Closed on
Dec 23, 2003
Sold by
Dongvillo Jeff
Bought by
Wolfe Marjorie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
6.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 2003
Sold by
Maggini Judy Ann
Bought by
Dongvillo Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
6.08%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mtm Housing Llc -- None Listed On Document
Mel Trotter Ministries -- None Available
City Of Grand Rapids -- None Available
Kent Countyu Land Bank Authority -- None Available
The City Of Grand Rapids $50,840 None Available
Major Seth $64,100 None Available
Federal National Mortgage Association -- None Available
Pnc Bank National Association $69,560 None Available
Wolfe Marjorie E $78,000 --
Dongvillo Jeff $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolfe Marjorie E $62,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2015 03/03/15 Sold $64,100 +12.5% --
02/19/2015 02/19/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $57,000 -- --
Source: MichRIC

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 $5,036 $122,800 $0 $0
2024 $5,036 $116,700 $0 $0
2023 $4,814 $108,400 $0 $0
2022 $3,256 $62,800 $0 $0
2021 $4,081 $78,200 $0 $0
2020 $2,890 $61,700 $0 $0
2019 $2,890 $61,700 $0 $0
2018 $5,633 $58,000 $0 $0
2017 $5,908 $51,400 $0 $0
2016 $4,802 $47,800 $0 $0
2015 $2,444 $47,800 $0 $0
2013 -- $36,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Anthony DeBartolo

    DeBartolo Realty - I

    Section Image
  • Mike Smallegan

    Buyer's Agent in 2015

    Mike Smallegan

    Smallegan Real Estate

    (616) 275-5938

    14 in this area

    1,084 Total Sales

    Mike Smallegan
    Section Image

  • M

    Buyer's Agent in 2015

    Michael Smallegan

    SVG Real Estate Firm - I

See All Agents

Map

Source: MichRIC

MLS Number: 15001579

MichRIC

APN: 41-14-30-229-007

Michigan Kent County Grand Rapids 49503 Midtown Grand Rapids

632 Crescent St NE Unit 2, Grand Rapids, MI

Not Listed for Sale

MultiFamily

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