NOT LISTED FOR SALE

Estimated Value: $569,000 - $792,000

6 Beds
4 Baths
-- Sq Ft
0.91 Acres

Last Sold May 02, 2019

Last sale price $303,500

Est. 118% increase in value since last sale

Current estimated payment $4,098/month

7 Days on Market

Highlights

  • Wooded Lot
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Thornapple Elementary School Rated A

About This Home

As of May 2019

Desirable Forest Hills income producing duplex in the heart of Cascade. Both units currently rented and show very well with a great rental history. Current owner hooked up to city sewer already. Each side has 3 bedrooms and 1.5 Baths with laundry, spacious rooms and additional basement storage. The duplex also boasts a large lot backing up to woods for nice privacy with the home set back off the road. With only a few duplexes in Cascade, this property is perfect for an investor or owner occupant.

Last Agent to Sell the Property

Kyle Visser

ReSIDE Grand Rapids License #6502432810 Listed on: 03/01/2019

Last Buyer's Agent

Brian Bartholomew

RE/MAX of Grand Rapids (FH) License #6501360176

RE/MAX of Grand Rapids (FH)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,331

Year Built

  • Built in 1972

Lot Details

  • 0.91 Acre Lot
  • Wooded Lot

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1 Fireplace
  • Partial Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,331

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1972
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: IRR
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 6331.01
  • Tax Info:Zoning3: PUD
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 329000.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Public Water Available, Public Sewer Available, Natural Gas Connected, Electric Connected
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.91
  • Lot Size Area: 0.91
  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 39640.0
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 6331.01
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2023
Sold by
The Kingdom Trust Company
Bought by
Zeus Property Management Llc
Current Estimated Value
$661,144

Purchase Details

Closed on
Oct 5, 2022
Sold by
Equity Trust Company
Bought by
Kingdom Trust Company and Robert Kevin Polakovich Ira

Purchase Details

Listed on
Mar 1, 2019
Closed on
May 2, 2019
Sold by
Behm Daniel and Behm Barbara
Bought by
Equity Trust Company and 200247949 Ira
Seller's Agent
Kyle Visser
ReSIDE Grand Rapids
Buyer's Agent
Brian Bartholomew
RE/MAX of Grand Rapids (FH)
List Price
$329,000
Sold Price
$303,500
Premium/Discount to List
-$25,500
-7.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.76%

Purchase Details

Listed on
Mar 22, 2012
Closed on
May 23, 2012
Sold by
Truszkowski Mary E
Bought by
Behm Daniel and Behm Barbara
Seller's Agent
John Engelhard
Five Star Real Estate (Grandv)
Buyer's Agent
Sue Howell
Sue Howell Realty
List Price
$205,000
Sold Price
$179,625
Premium/Discount to List
-$25,375
-12.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$134,718
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 1995
Sold by
Mary Truszkowski
Bought by
Truszkowski Mary Ellen and Behm Daniel
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
Zeus Property Management Llc -- None Listed On Document
Kingdom Trust Company -- --
Equity Trust Company $303,500 None Available
Behm Daniel $179,625 None Available
Truszkowski Mary Ellen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeus Property Management Llc $661,700
Previous Owner Behm Daniel $134,718
Previous Owner Truszkowski Mary Ellen $162,800
Previous Owner Truszkowski Mary E $74,600
Previous Owner Truszkowski Mary E $81,000
Previous Owner Truszkowski Mary E $104,345
Previous Owner Truszkowski Mary E $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2019 05/02/19 Sold $303,500 -7.8% --
03/08/2019 03/08/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $329,000 +83.2% --
05/24/2012 05/24/12 Sold $179,625 -12.4% --
04/08/2012 04/08/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $205,000 -- --
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 $6,038 $272,100 $0 $0
2024 $6,038 $241,000 $0 $0
2023 $9,230 $220,800 $0 $0
2022 $5,462 $194,500 $0 $0
2021 $8,733 $178,400 $0 $0
2020 $5,328 $174,200 $0 $0
2019 $6,331 $171,700 $0 $0
2018 $6,331 $158,900 $0 $0
2017 $6,269 $142,900 $0 $0
2016 $6,108 $134,500 $0 $0
2015 -- $134,500 $0 $0
2013 -- $106,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19005130

Southwestern Michigan Association of REALTORS®

APN: 41-19-09-151-008