NOT LISTED FOR SALE

Estimated Value: $231,000 - $270,000

-- Bed
-- Bath
-- Sq Ft
3,602 Sq Ft Lot

Last Sold May 09, 2022

Last sale price $240,000

Est. 4% increase in value since last sale

Current estimated payment $1,640/month

6 Days on Market

Highlights

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

About This Home

As of May 2022

You do not want to miss your opportunity to own this great duplex right in the heart of downtown Grand Rapids. Whether you are looking for an invest property or an owner occupant, this property will not disappoint. In the lower unit, you will find 2 bedrooms and 1 full bath, collecting $1,000 of rent /month. The upper unit is currently empty due to recent renovations. Contact me today for more details. Offers due Sunday, 3-27-22, 9pm

Last Agent to Sell the Property

Kevin Mccarty

Greenridge Realty (EGR) Listed on: 03/22/2022

Last Buyer's Agent

Leonard Connor

Bellabay Realty (SW) License #6501405211

Bellabay Realty (SW)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,060

Year Built

  • Built in 1885

Lot Details

  • 3,602 Sq Ft Lot
  • Lot Dimensions are 44 x 82

Parking

  • Paved Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,060

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1885
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 44 X 82
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1059.83
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 229900.0
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

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

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 44 X 82
  • Lot Size Sq Ft: 3602.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1059.83
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 9, 2022
Sold by
Crony Enterprises Llc
Bought by
Ham Joshua
Seller's Agent
Kevin Mccarty
Greenridge Realty (EGR)
Buyer's Agent
Leonard Connor
Bellabay Realty (SW)
List Price
$229,900
Sold Price
$240,000
Premium/Discount to List
$10,100
4.39%
Current Estimated Value
$248,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,755
Avg. Annual Appreciation
0.52%
Original Mortgage
$228,779
Outstanding Balance
$218,300
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$25,910

Purchase Details

Closed on
Mar 25, 2009
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 11, 2009
Sold by
Waidelich Matthew
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Apr 12, 2004
Sold by
Baker Bart T and Baker Annette A
Bought by
Waidelich Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
5.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 1997
Sold by
Armour Armour K K and Armour Baker B
Bought by
Baker Bart T and Crony Enterprises Llc

Purchase Details

Closed on
Dec 14, 1993
Sold by
Sehler Est and Sehler Armour K
Bought by
Crony Enterprises Llc

Purchase Details

Closed on
Sep 20, 1989
Source: Public Records

Range of Values:

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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
Ham Joshua $233,549 Chicago Title
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $66,683 None Available
Waidelich Matthew $72,000 --
Baker Bart T $25,000 --
Crony Enterprises Llc $14,900 --
-- $5,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ham Joshua $228,779
Previous Owner Crony Enterprises Llc $46,200
Previous Owner Crony Enterprises Llc $30,000
Previous Owner Waidelich Matthew $64,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $240,000 +4.4% --
03/28/2022 03/28/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $229,900 -- --
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 $3,541 $87,100 $0 $0
2024 $3,541 $75,700 $0 $0
2023 $2,812 $67,600 $0 $0
2022 $855 $55,900 $0 $0
2021 $1,060 $49,700 $0 $0
2020 $1,024 $44,100 $0 $0
2019 $1,049 $34,800 $0 $0
2018 $1,017 $28,100 $0 $0
2017 $992 $22,600 $0 $0
2016 $997 $20,500 $0 $0
2015 $950 $20,500 $0 $0
2013 -- $18,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22009199

Southwestern Michigan Association of REALTORS®

APN: 41-13-25-157-015