NOT LISTED FOR SALE

705 9th St NW Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $213,832 - $283,000

-- Bed
-- Bath
-- Sq Ft
2,013 Sq Ft Lot

Last Sold February 03, 2016

Last sale price $129,900

Est. 87% increase in value since last sale

Current estimated payment $1,449/month

7 Days on Market

About This Home

As of February 2016

This is an amazing opportunity to own a fantastic 2 unit with a HUGE positive Cash flow! The owner has practically gutted and redone everything From The brand new kitchens, to the bathrooms with massive tiled showers that you'd see in high end homes, newer electric, Newer roof, water heaters, updated windows, flooring, vinyl siding, and so much more! Upper unit rents are $850 a month, and the lower unit is $800, so a total of $1,650 a month! The utilities are split, with the tenants paying gas & electric. Don't miss out on the opportunity to own this great income earner!

Last Agent to Sell the Property

Lucas Howard

Keller Williams GR East License #6502359815 Listed on: 01/09/2016

Keller Williams GR East

Last Buyer's Agent

Elizabeth Grant

RE/MAX of Grand Rapids (FH) License #6501386029

RE/MAX of Grand Rapids (FH)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $982

Year Built

  • Built in 1900

Lot Details

  • 2,013 Sq Ft Lot
  • Lot Dimensions are 30.5x66

Parking

  • Unpaved Driveway

Home Design

  • Vinyl Siding

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Cable TV Available

Community Details

  • 2 Units
  • Gross Income $19,800

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$982

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 30.5x66
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 982.09
  • Tax Info:Zoning3: R
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Michigan Basement: Yes
  • Heat Type:Baseboard: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • List Price: 129900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Utilities

  • Heating: Forced Air, Baseboard, Electric, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2013.0
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas

Multi Family

  • Gross Income: 19800.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 982.09
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2016
Closed on
Feb 3, 2016
Sold by
Franklin Wayne and Franklin Susan
Bought by
705 9Th Street Nw Llc
Seller's Agent
Lucas Howard
Keller Williams GR East
Buyer's Agent
Elizabeth Grant
RE/MAX of Grand Rapids (FH)
List Price
$129,900
Sold Price
$129,900
Current Estimated Value
$242,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,558
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Jul 31, 2008
Sold by
Vezikov Mikhail and Vezikov Galena
Bought by
Kramer Dawn M

Purchase Details

Closed on
May 7, 1998
Sold by
Bracco Bracco R R and Bracco R
Bought by
Kramer Vezikov M and Kramer Dawn M

Purchase Details

Closed on
May 2, 1997
Sold by
Brcc Brcc R R and Brcc R
Bought by
Brcc Brcc R and Brcc Rm

Purchase Details

Closed on
Mar 1, 1995
Sold by
Braccio Braccio M M and Braccio A
Bought by
Kramer Dawn M
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
705 9Th Street Nw Llc -- Attorney
Franklin Wayne $129,900 None Available
Kramer Dawn M $48,000 None Available
Kramer Vezikov M $23,500 --
Brcc Brcc R -- --
Kramer Dawn M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2016 02/03/16 Sold $129,900 0.0% --
01/16/2016 01/16/16 Pending -- -- --
01/09/2016 01/09/16 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 $1,890 $89,500 $0 $0
2024 $1,890 $81,700 $0 $0
2023 $1,807 $73,700 $0 $0
2022 $1,782 $65,600 $0 $0
2021 $1,736 $58,500 $0 $0
2020 $1,678 $51,400 $0 $0
2019 $1,718 $40,500 $0 $0
2018 $1,666 $33,000 $0 $0
2017 $1,664 $27,700 $0 $0
2016 $1,216 $25,000 $0 $0
2015 $936 $25,000 $0 $0
2013 -- $22,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lucas Howard

    Seller's Agent in 2016

    Lucas Howard

    Keller Williams GR East

    (616) 893-6478

    29 in this area

    1,226 Total Sales

    Lucas Howard
    Section Image

  • E

    Buyer's Agent in 2016

    Elizabeth Grant

    RE/MAX Michigan

    (616) 552-3042

    1 in this area

    67 Total Sales

    Elizabeth Grant
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16000951

Southwestern Michigan Association of REALTORS®

APN: 41-13-24-152-031

Michigan Kent County Grand Rapids 49504 West Grand

705 9th St NW, Grand Rapids, MI

This home is located at 705 9th St NW, Grand Rapids, MI 49504 since 09 January 2016 and is currently estimated at $242,458. This property was built in 1900. 705 9th St NW is a home located in Kent County with nearby schools including Westwood Middle School, Union High School, and NexTech 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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