NOT LISTED FOR SALE

647 Fountain St NE Grand Rapids, MI 49503

Midtown Grand Rapids Neighborhood

Estimated Value: $614,000 - $702,000

-- Bed
-- Bath
-- Sq Ft
4,268 Sq Ft Lot

Last Sold November 28, 2018

Last sale price $350,000

Est. 89% increase in value since last sale

Current estimated payment $4,135/month

84 Days on Market

About This Home

As of November 2018

4 Unit on the NE side of Grand Rapids. All units are the same layout. Large 2 bedrooms, 1 bath, living room, dining & kitchen. Access to basement with coin op washer & dryer. Split utilities. Rents are low at a total of $2625. City Certified through 3/29/2024.

Last Agent to Sell the Property

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 08/06/2018

Compass Realty Services

Co-Listed By

Thomas Koetsier

Kay Courtney & Associates

Last Buyer's Agent

Kevin Murphy

United Realty Services LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,900

Year Built

  • Built in 1900

Lot Details

  • 4,268 Sq Ft Lot

Home Design

  • Shingle Siding

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,900

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

Exterior Features

  • Construction Materials: Shingle Siding
  • List Price: 379900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4268.0
  • Zoning Description: NA
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3900.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2018
Closed on
Nov 29, 2018
Sold by
Fountain Llc
Bought by
Murphy Kevin C
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Kevin Murphy
United Realty Services LLC
List Price
$379,900
Sold Price
$350,000
Premium/Discount to List
-$29,900
-7.87%
Current Estimated Value
$659,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,770
Avg. Annual Appreciation
8.88%
Original Mortgage
$338,318
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 2005
Sold by
Bowers Paul and Bowers Rachel
Bought by
Fountain Llc

Purchase Details

Closed on
Sep 22, 2004
Sold by
Reiffer Enterprises Llc
Bought by
Bowers Paul and Bowers Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
2.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2003
Sold by
Wobma Dewey and Wobma Kathleen
Bought by
Reiffer Enterprises Llc

Purchase Details

Closed on
Jun 4, 1993

Purchase Details

Closed on
Jun 3, 1993
Sold by
Hess Hess D D and Hess Wobma D
Bought by
Bowers Paul Rachel

Purchase Details

Closed on
Jan 3, 1992
Sold by
Hess Hess D D and Hess Karczewski R
Bought by
Bowers Paul Rachel

Purchase Details

Closed on
Nov 21, 1991
Sold by
Herrema Herrema J J and Herrema M
Bought by
Bowers Paul Rachel

Purchase Details

Closed on
Feb 1, 1983
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
Murphy Kevin C $350,000 Bell Title Agency
Fountain Llc -- --
Bowers Paul $240,000 --
Reiffer Enterprises Llc $180,000 --
Reiffer Enterprises Llc -- Lighthouse Title Inc
-- $75,000 --
Bowers Paul Rachel $67,900 --
Bowers Paul Rachel $77,500 --
Bowers Paul Rachel $30,000 --
-- $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grinvest Llc $805,000
Closed Murphy Kevin C $338,318
Previous Owner Bowers Paul $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2018 11/28/18 Sold $350,000 -7.9% --
10/29/2018 10/29/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $379,900 -- --
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 $6,816 $209,000 $0 $0
2024 $6,816 $202,900 $0 $0
2023 $6,761 $182,300 $0 $0
2022 $6,426 $147,600 $0 $0
2021 $6,261 $160,900 $0 $0
2020 $6,051 $126,900 $0 $0
2019 $6,196 $116,100 $0 $0
2018 $4,034 $112,600 $0 $0
2017 $3,935 $92,300 $0 $0
2016 $3,954 $96,700 $0 $0
2015 $3,768 $96,700 $0 $0
2013 -- $71,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    2 in this area

    128 Total Sales

    Allison Koetsier
    Section Image

  • T

    Seller Co-Listing Agent in 2018

    Thomas Koetsier

    Kay Courtney & Associates

  • K

    Buyer's Agent in 2018

    Kevin Murphy

    United Realty Services LLC

    (734) 673-9242

    5 Total Sales

    Kevin Murphy
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18034622

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-276-022

Michigan Kent County Grand Rapids 49503 Midtown Grand Rapids

647 Fountain St NE, Grand Rapids, MI

This home is located at 647 Fountain St NE, Grand Rapids, MI 49503 since 06 August 2018 and is currently estimated at $659,770. This property was built in 1900. 647 Fountain St NE is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, Alger Middle School, and Ottawa Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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