NOT LISTED FOR SALE

Estimated Value: $261,747 - $291,000

-- Bed
-- Bath
-- Sq Ft
5,184 Sq Ft Lot

Last Sold August 01, 2019

Last sale price $210,000

Est. 32% increase in value since last sale

Current estimated payment $1,728/month

7 Days on Market

About This Home

As of August 2019

Rare 4-unit investment property near downtown Grand Rapids. Unit D is currently vacant, so it is available for an owner-occupant if needed. The exterior is maintenance-free with a solid roof, vinyl siding, and updated windows. Water heater and furnace are new in 2018. Owner pays all utilities; the average for 2018 was $400/month (gas, electric, water, and snow removal). There is just one water heater and one furnace, so utilities can't be split, but this is also comes with the benefit of having just one water heater and one furnace to maintain/replace instead of eight. There is off-street parking for four cars in the back. All four units are city certified through June 2021. Any offers will be reviewed 6/30/19 at noon.

Last Agent to Sell the Property

James Marshall

United Realty Services LLC Listed on: 06/24/2019

Last Buyer's Agent

Allison Koetsier

Compass Realty Services License #6502378425

Compass Realty Services

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,944

Year Built

  • Built in 1910

Lot Details

  • 5,184

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Additional Features

  • Michigan Basement
  • 5,184 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,944

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 190000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5184.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 1944.04
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Aug 1, 2019
Sold by
Bouck Joshua Gilbert and Bouck Joshua Gilbert
Bought by
Kj Urban Properties Llc
Seller's Agent
James Marshall
United Realty Services LLC
Buyer's Agent
Allison Koetsier
Compass Realty Services
List Price
$190,000
Sold Price
$210,000
Premium/Discount to List
$20,000
10.53%
Total Days on Market
7
Current Estimated Value
$276,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,187
Avg. Annual Appreciation
4.80%
Original Mortgage
$168,000
Outstanding Balance
$148,805
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
$127,382

Purchase Details

Listed on
Nov 15, 2017
Closed on
Dec 19, 2017
Sold by
Frantz Johnathan E and Stark Brenden A
Bought by
The Joshua Gilbert Bouck And Janine Muni
Seller's Agent
Kyle Dee
ERA Reardon Realty Great Lakes
Buyer's Agent
James Marshall
United Realty Services LLC
List Price
$159,900
Sold Price
$148,000
Premium/Discount to List
-$11,900
-7.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.11%

Purchase Details

Listed on
Nov 25, 2015
Closed on
Apr 14, 2016
Sold by
Carter Norberto and Carter Hilda
Bought by
Stark Brenden A and Frantz Johnathan E
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Kyle Dee
ERA Reardon Realty Great Lakes
List Price
$99,900
Sold Price
$99,000
Premium/Discount to List
-$900
-0.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.04%
Original Mortgage
$74,250
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2005
Sold by
Calderon Miguel and Fetch Bob
Bought by
Carter Noberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,800
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2005
Sold by
Bergman Lawrence D and Bergman Judith A
Bought by
Calderon Miguel and Calderon Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,800
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 29, 1999
Sold by
Durham Ralph
Bought by
Calderon Miguel and Carter Noberto

Purchase Details

Closed on
Feb 18, 1999
Sold by
Bergman Lawrence D Judith A
Bought by
Durham Ralph and Carter Noberto

Purchase Details

Closed on
May 8, 1992
Bought by
Bergman Lawrence D Judith A and Carter Noberto

Purchase Details

Closed on
Apr 30, 1992
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
Kj Urban Properties Llc $210,000 Iron Gate Title Agency Llc
The Joshua Gilbert Bouck And Janine Muni $148,000 None Available
Stark Brenden A $99,000 None Available
Carter Noberto $88,500 None Available
Calderon Miguel $39,000 None Available
Calderon Miguel $40,700 --
Durham Ralph -- --
Bergman Lawrence D Judith A $44,000 --
-- $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kj Urban Properties Llc $168,000
Previous Owner Munizich Bouck Joshua Gilbert $92,900
Previous Owner Stark Brenden A $74,250
Previous Owner Carter Noberto $13,275
Previous Owner Carter Noberto $70,800
Previous Owner Calderon Miguel $70,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2019 08/01/19 Sold $210,000 +10.5% --
07/01/2019 07/01/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $190,000 +28.4% --
12/19/2017 12/19/17 Sold $148,000 -7.4% --
11/16/2017 11/16/17 Pending -- -- --
11/15/2017 11/15/17 For Sale $159,900 +61.5% --
04/15/2016 04/15/16 Sold $99,000 -0.9% --
01/01/2016 01/01/16 Pending -- -- --
11/25/2015 11/25/15 For Sale $99,900 -- --
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
2024 $3,140 $105,000 $0 $0
2023 $3,114 $88,400 $0 $0
2022 $2,960 $77,200 $0 $0
2021 $2,884 $73,100 $0 $0
2020 $2,874 $54,500 $0 $0
2019 $2,005 $42,400 $0 $0
2018 $1,944 $36,700 $0 $0
2017 $1,810 $31,200 $0 $0
2016 $1,578 $30,000 $0 $0
2015 $1,504 $30,000 $0 $0
2013 -- $28,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19028874

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-154-035