NOT LISTED FOR SALE

701 Coleman St SE Grand Rapids, MI 49508

Estimated Value: $287,000 - $354,000

6 Beds
2 Baths
-- Sq Ft
0.27 Acres

Last Sold November 08, 2016

Last sale price $147,500

Est. 120% increase in value since last sale

Current estimated payment $1,990/month

33 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Countryside Elementary School Rated A
  • High Speed Internet

About This Home

As of November 2016

Hard to find duplex in Byron Center Schools. Fully rented to good paying tenants until May, 2017. 3 bedroom, 1 bath on each side with walk-out basement. Each side is 868sqft on main floor and with another approximately 450sqft finished in the walkout basement. Both central A/C units were replaced in 2008.

Last Agent to Sell the Property

Peter Westers

Five Star Real Estate (Grandv) Listed on: 08/25/2016

Five Star Real Estate (Grandv)

Last Buyer's Agent

Barry J. Capel

Five Star Real Estate (Grandv) License #6501182751

Five Star Real Estate (Grandv)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,847

Year Built

  • Built in 1976

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 90x132

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Basement

  • Walk-Out Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, trash collection, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,847

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1976
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 90x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2847.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Total _pound_ Units: 2
  • 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
  • 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:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Walk Out: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Walk Out

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 154900.0
  • 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: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Sq Ft: 11880.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Trash Collection, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2847.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2016
Closed on
Nov 7, 2016
Sold by
Kent Amy Ruth
Bought by
Harmsen Daniel and Harmsen Breanne
Seller's Agent
Peter Westers
Five Star Real Estate (Grandv)
Buyer's Agent
Barry J. Capel
Five Star Real Estate (Grandv)
List Price
$159,900
Sold Price
$147,500
Premium/Discount to List
-$12,400
-7.75%
Current Estimated Value
$323,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,360
Avg. Annual Appreciation
8.88%
Original Mortgage
$110,600
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2005
Sold by
Crossman Larry R
Bought by
Kent Amy Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac
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
Harmsen Daniel $147,500 Star Title Agency Llc
Kent Amy Ruth $147,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harmsen Daniel $195,000
Closed Harmsen Daniel $110,600
Previous Owner Kent Amy R $134,500
Previous Owner Kent Amy Ruth $147,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2016 11/08/16 Sold $147,500 -7.8% --
09/27/2016 09/27/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $159,900 -- --
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 $2,869 $136,700 $0 $0
2024 $2,869 $125,900 $0 $0
2022 $2,539 $104,100 $0 $0
2021 $4,043 $88,500 $0 $0
2020 $2,142 $85,700 $0 $0
2019 $3,055 $83,400 $0 $0
2018 $3,055 $78,100 $15,000 $63,100
2017 $0 $72,500 $0 $0
2016 $0 $62,900 $0 $0
2015 -- $62,900 $0 $0
2013 -- $63,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Peter Westers

    Five Star Real Estate (Grandv)

    (616) 262-7288

    4 in this area

    94 Total Sales

    Peter Westers
    Section Image

  • B

    Buyer's Agent in 2016

    Barry J. Capel

    Five Star Real Estate (Grandv)

    (616) 260-5021

    2 in this area

    119 Total Sales

    Barry J. Capel
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16044404

Southwestern Michigan Association of REALTORS®

APN: 41-22-07-428-014

Michigan Kent County Grand Rapids 49508

701 Coleman St SE, Grand Rapids, MI

This home is located at 701 Coleman St SE, Grand Rapids, MI 49508 since 25 August 2016 and is currently estimated at $323,860. This property was built in 1976. 701 Coleman St SE is a home located in Kent County with nearby schools including Countryside Elementary School, Robert L. Nickels Intermediate School, and Byron Center West Middle 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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