NOT LISTED FOR SALE

650 Thomas St SE Grand Rapids, MI 49503

South Hill Neighborhood

Estimated Value: $226,000 - $334,000

4 Beds
2 Baths
-- Sq Ft
4,486 Sq Ft Lot

Last Sold August 31, 2016

Last sale price $115,000

Est. 142% increase in value since last sale

Current estimated payment $1,689/month

3 Days on Market

About This Home

As of August 2016

Welcome to beautiful 650 Thomas! This home has gone through major renovations including the city of GR lead based paint abatement program. Newer roof, siding, furnaces, water heaters, some electrical and plumbing. Inside has been throughly updated with newer flooring and paint. Currently rents for 700 and 750 with the tenants paying for all utilities except water. Little to nothing has been untouched in this property.

Turn Key GR investment property right here!

Last Agent to Sell the Property

Ryan Ogle

Bluhouse Properties LLC - I License #6502376991 Listed on: 07/19/2016

Bluhouse Properties LLC - I

Co-Listed By

Dan Steffee

Green Crown Real Estate LLC License #6506049140

Last Buyer's Agent

Rod Thiss

Five Star Real Estate (Grandv) License #6502123392

Five Star Real Estate (Grandv)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,503

Year Built

  • Built in 1910

Lot Details

  • 4,486 Sq Ft Lot
  • Lot Dimensions are 49x92

Parking

  • 1 Parking Space

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,503

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 49x92
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1503.0
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: 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
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • List Price: 129900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 1.0
  • General Property Info:Total Parking Spaces: 1.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4486.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1503.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2024
Sold by
Alferink Ross
Bought by
Ross And Karin Alferink Family Trust and Alferink
Current Estimated Value
$278,607

Purchase Details

Listed on
Jul 19, 2016
Closed on
Aug 31, 2016
Sold by
Schulz Marc A and Schulz Shannon L
Bought by
Alferink Ross
Seller's Agent
Ryan Ogle
Bluhouse Properties LLC - I
Buyer's Agent
Rod Thiss
Five Star Real Estate (Grandv)
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$80,500
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2015
Sold by
Legacy Properties & Investments Llc
Bought by
Schulz Marc L and Schulz Shannon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
3.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 2002
Sold by
Schulz Marc and Schulz Shannon
Bought by
Legacy Properties & Investments Llc

Purchase Details

Closed on
Apr 7, 2001
Sold by
Schulz Marc and Schulz Shannon L
Bought by
Schulz Marc and Schulz Shannon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,200
Interest Rate
6.95%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2000
Sold by
Schulz Crdnal
Bought by
Schulz and Legacy Properties & Investment

Purchase Details

Closed on
May 13, 1996
Bought by
Cardinal D and Legacy Properties & Investment

Purchase Details

Closed on
Apr 29, 1993
Sold by
Krywyn Krywyn R R and Krywyn Cleveland K
Bought by
Legacy Properties & Investments Llc

Purchase Details

Closed on
Mar 25, 1993
Sold by
Smith Smith L L and Smith Krywyn R
Bought by
Legacy Properties & Investments Llc

Purchase Details

Closed on
Dec 1, 1992
Sold by
Smith Smith L L and Smith Krywyn R
Bought by
Legacy Properties & Investments Llc

Purchase Details

Closed on
Sep 12, 1990

Purchase Details

Closed on
Sep 29, 1987
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
Ross And Karin Alferink Family Trust -- None Listed On Document
Alferink Ross $115,000 Sun Title Agency Of Mi Llc
Schulz Marc L -- First American Title Ins Co
Legacy Properties & Investments Llc -- --
Schulz Marc -- First American Title Ins Co
Schulz $50,000 --
Cardinal D $25,000 --
Legacy Properties & Investments Llc $1,500 --
Legacy Properties & Investments Llc $19,300 --
Legacy Properties & Investments Llc -- --
-- $14,900 --
-- $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alferink Ross $80,500
Previous Owner Schulz Marc L $64,000
Previous Owner Schulz Marc $47,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $115,000 -11.5% --
07/22/2016 07/22/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $129,900 -- --
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 $2,535 $119,600 $0 $0
2024 $2,535 $115,500 $0 $0
2023 $2,423 $102,200 $0 $0
2022 $2,390 $84,500 $0 $0
2021 $2,328 $75,800 $0 $0
2020 $2,250 $64,000 $0 $0
2019 $2,304 $52,700 $0 $0
2018 $2,234 $43,000 $0 $0
2017 $2,179 $33,600 $0 $0
2016 $1,797 $29,400 $0 $0
2015 $1,503 $29,400 $0 $0
2013 -- $27,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Ryan Ogle

    Bluhouse Properties LLC - I

    Section Image
  • Dan Steffee

    Seller Co-Listing Agent in 2016

    Dan Steffee

    Green Crown Real Estate LLC

    (616) 490-4977

    110 Total Sales

    Dan Steffee
    Section Image
  • Rod Thiss

    Buyer's Agent in 2016

    Rod Thiss

    Five Star Real Estate (Grandv)

    (616) 822-5914

    145 Total Sales

    Rod Thiss
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16029694

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-280-016

Michigan Kent County Grand Rapids 49503 South Hill

650 Thomas St SE, Grand Rapids, MI

This home is located at 650 Thomas St SE, Grand Rapids, MI 49503 since 19 July 2016 and is currently estimated at $278,607. This property was built in 1910. 650 Thomas St SE is a home located in Kent County with nearby schools including Martin Luther King Leadership 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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