NOT LISTED FOR SALE

6690 Eastern Ave SE Grand Rapids, MI 49508

Estimated Value: $381,000 - $455,358

6 Beds
4 Baths
-- Sq Ft
0.35 Acres

Last Sold May 06, 2015

Last sale price $181,000

Est. 130% increase in value since last sale

Current estimated payment $2,529/month

23 Days on Market

About This Home

As of May 2015

Well kept duplex that has a great rental history. This duplex is in a great location and inside is up to date with fresh paint and flooring. New tear off and re shingled roof 4 years ago. Furnaces are approximately 17 years old but work fine. Both units have fire places and each have 4 bedrooms and 2 full baths. Each unit also has laundry on site. Great owner occupant as one unit is vacant right now. Would make for a great equity builder. Purchase with owner occupied financing(less down than investment property financing). Buy today, thank your agent 10 years from now when its paid for.

Last Agent to Sell the Property

Brian DeSmit

Apex Realty Group Listed on: 03/04/2015

Co-Listed By

Dave Kooistra

Apex Realty Group

Last Buyer's Agent

Tina Emert

City Wide Real Estate Serv LLC License #6502354810

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,186

Year Built

  • Built in 1980

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 80x148

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Basement

  • Natural lighting in basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $500
  • Utility Expense $350
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,186

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1980
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 80x148
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3185.63
  • Tax Info:Zoning3: RL-10 Low 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
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Daylight: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Daylight

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 189900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size Area: 0.35
  • Lot Size Sq Ft: 15246.0
  • Zoning Description: RL-10 Low res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 24000.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 500.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3185.63
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2015
Closed on
May 5, 2015
Sold by
6690 Eastern Avenue Llc
Bought by
Nyahoda Godfrey and Nyahoda Melany A
Seller's Agent
Brian DeSmit
Apex Realty Group
Buyer's Agent
Tina Emert
City Wide Real Estate Serv LLC
List Price
$189,900
Sold Price
$181,000
Premium/Discount to List
-$8,900
-4.69%
Current Estimated Value
$416,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,840
Avg. Annual Appreciation
8.16%
Original Mortgage
$177,716
Interest Rate
3.68%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 4, 2012
Sold by
Mcm Rentals Llc
Bought by
6690 Eastern Avenue Llc

Purchase Details

Closed on
Aug 11, 2003
Sold by
Devries Steven and Devries Patricia K
Bought by
Mcm Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 1997
Sold by
Flohe George A
Bought by
Devries Steven and Eastern Avenue Llc
Source: Public Records

Range of Values:

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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
Nyahoda Godfrey $181,000 First American Title
6690 Eastern Avenue Llc -- None Available
Mcm Rentals Llc $208,000 --
Devries Steven $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nyahoda Godfrey $168,400
Closed Nyahoda Godfrey $177,716
Previous Owner 6690 Eastern Avenue Llc $70,000
Previous Owner Mcm Rentals Llc $166,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2015 05/06/15 Sold $181,000 -4.7% --
03/27/2015 03/27/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $189,900 -- --
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 $3,098 $163,700 $0 $0
2024 $3,098 $154,100 $0 $0
2022 $2,820 $129,100 $0 $0
2021 $3,503 $125,400 $0 $0
2020 $2,312 $121,800 $0 $0
2019 $3,274 $116,600 $0 $0
2018 $3,274 $92,700 $19,000 $73,700
2017 $0 $85,300 $0 $0
2016 $0 $73,800 $0 $0
2015 -- $73,800 $0 $0
2013 -- $75,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian DeSmit

    Seller's Agent in 2015

    Brian DeSmit

    Apex Realty Group

    (616) 813-3402

    23 in this area

    247 Total Sales

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  • Dave Kooistra

    Seller Co-Listing Agent in 2015

    Dave Kooistra

    Apex Realty Group

    (616) 485-3435

    15 in this area

    175 Total Sales

    Section Image
  • Tina Emert

    Buyer's Agent in 2015

    Tina Emert

    City Wide Real Estate Serv LLC

    (616) 304-4336

    14 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15008670

Southwestern Michigan Association of REALTORS®

APN: 41-22-05-351-022

Michigan Kent County Grand Rapids 49508

6690 Eastern Ave SE, Grand Rapids, MI

This home is located at 6690 Eastern Ave SE, Grand Rapids, MI 49508 since 04 March 2015 and is currently estimated at $416,840. This property was built in 1980. 6690 Eastern Ave SE is a home located in Kent County with nearby schools including Southwood Elementary, Pinewood Middle School, and East Kentwood 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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