NOT LISTED FOR SALE

701 Vries St SW Grand Rapids, MI 49503

Roosevelt Park Neighborhood

Estimated Value: $179,000 - $229,000

-- Bed
-- Bath
-- Sq Ft
5,314 Sq Ft Lot

Last Sold April 01, 2021

Last sale price $133,000

Est. 53% increase in value since last sale

Current estimated payment $1,326/month

31 Days on Market

About This Home

As of April 2021

Investment Property Alert! Come check out this 2 unit rental with off-street parking! Each unit has 2 bedrooms, one bath and comes w/ refrigerator & range. The upstairs unit can be accessed through the main entry and also has its own private entrance with enclosed entryway & porch. The home features newer vinyl siding, windows, and roof. Downstairs unit is forced air and upstairs is a space heater. Previously owner occupied, rents collected prior to that were $900 & $850. Much of the downstairs has new flooring and drywall work. It was lead-based certified 5/1/2015. Easy access to the highway and just a few minutes walk from a RAPID bus stop. Schedule your private showing today and discover all the potential!

Last Agent to Sell the Property

Lucas Howard

Keller Williams GR East License #6502359815 Listed on: 01/13/2021

Keller Williams GR East

Co-Listed By

Malinda Root

Keller Williams GR East License #6501371923

Last Buyer's Agent

Allison Koetsier

Compass Realty Services License #6502378425

Compass Realty Services

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,223

Year Built

  • Built in 1889

Lot Details

  • 5,314 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • No Cooling
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,223

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1889
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 135000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Electric, Space Heater, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5314.0
  • Zoning Description: multi
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1222.53
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Mar 30, 2021
Sold by
Waller Omar and Waller Ariana
Bought by
Boman Jeffrey G
Seller's Agent
Lucas Howard
Keller Williams GR East
Buyer's Agent
Allison Koetsier
Compass Realty Services
List Price
$140,000
Sold Price
$133,000
Premium/Discount to List
-$7,000
-5%
Current Estimated Value
$203,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,651
Avg. Annual Appreciation
10.07%
Original Mortgage
$99,750
Outstanding Balance
$90,257
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$113,394

Purchase Details

Listed on
Mar 17, 2020
Closed on
Jun 29, 2020
Sold by
Bergsma Darrel R
Bought by
Waller Omar and Waller Ariana
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Richard Rico
Keller Williams GR North (Main)
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$122,735
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 17, 1989

Purchase Details

Closed on
Mar 3, 1986
Bought by
Bergsma Darrel R

Purchase Details

Closed on
Mar 28, 1984
Bought by
Bergsma Darrel R
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
Boman Jeffrey G $133,000 None Available
Waller Omar $125,000 None Available
-- $13,000 --
Bergsma Darrel R $7,500 --
Bergsma Darrel R $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boman Jeffrey G $99,750
Previous Owner Waller Omar $122,735
Previous Owner Bergsma Darrel R $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $133,000 -5.0% --
02/13/2021 02/13/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $140,000 +12.0% --
06/29/2020 06/29/20 Sold $125,000 0.0% --
04/28/2020 04/28/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $125,000 -- --
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 $2,695 $85,300 $0 $0
2024 $2,695 $74,000 $0 $0
2023 $2,673 $62,000 $0 $0
2022 $2,541 $49,000 $0 $0
2021 $2,281 $43,700 $0 $0
2020 $1,176 $36,800 $0 $0
2019 $1,464 $33,500 $0 $0
2018 $1,168 $25,400 $0 $0
2017 $1,139 $21,400 $0 $0
2016 $1,145 $22,700 $0 $0
2015 $1,145 $22,700 $0 $0
2013 -- $21,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lucas Howard

    Seller's Agent in 2021

    Lucas Howard

    Keller Williams GR East

    (616) 893-6478

    6 in this area

    1,238 Total Sales

    Lucas Howard
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Malinda Root

    Keller Williams GR East

    (616) 885-8732

    2 in this area

    184 Total Sales

    Malinda Root
    Section Image

  • A

    Buyer's Agent in 2021

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    2 in this area

    131 Total Sales

    Allison Koetsier
    Section Image

  • A

    Seller's Agent in 2020

    Anthony DeBartolo

    DeBartolo Realty - I

    Section Image
  • Richard Rico

    Buyer's Agent in 2020

    Richard Rico

    Keller Williams GR North (Main)

    (616) 575-1800

    3 in this area

    197 Total Sales

    Richard Rico
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21001129

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-158-034

Michigan Kent County Grand Rapids 49503 Roosevelt Park

701 Vries St SW, Grand Rapids, MI

This home is located at 701 Vries St SW, Grand Rapids, MI 49503 since 13 January 2021 and is currently estimated at $203,651. This property was built in 1889. 701 Vries St SW is a home located in Kent County with nearby schools including Cesar E. Chavez Elementary, Burton Middle School, and Union 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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