NOT LISTED FOR SALE

710 Paris Ave SE Grand Rapids, MI 49503

South Hill Neighborhood

Estimated Value: $244,000 - $388,000

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

Last Sold May 11, 2022

Last sale price $195,000

Est. 56% increase in value since last sale

Current estimated payment $2,004/month

8 Days on Market

About This Home

As of May 2022

Fully rented 2 unit property in an excellent location just south of Heritage Hill. Long term tenants with possibility of revenue increase. Unit one is 1100 a month. Unit #2 is 800 a month. Both are on month to month terms. Low maintenance vinyl siding, replacement windows, updated mechanicals and city certification. Lower unit updated just a couple of years ago. Both units share a washer and dryer.

Last Agent to Sell the Property

Chelsea Roelofs

Bluebow Realty LLC License #6502431840 Listed on: 04/12/2022

Last Buyer's Agent

Drew Denham

Keller Williams GR North (Main) License #6506047679

Keller Williams GR North (Main)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,154

Year Built

  • Built in 1910

Lot Details

  • 5,184

Home Design

  • Composition Roof

Utilities

  • No Cooling
  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 5,184 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,154

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: 199215.0
  • Number of Buildings: 1
  • Roof: Composition

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected, Broadband

Lot Info

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

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2153.54
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
May 11, 2022
Sold by
Loren Sperber Revoable Trust
Bought by
Syed Ali and Jafri Anum
Seller's Agent
Chelsea Roelofs
Bluebow Realty LLC
Buyer's Agent
Drew Denham
Keller Williams GR North (Main)
List Price
$199,215
Sold Price
$195,000
Premium/Discount to List
-$4,215
-2.12%
Current Estimated Value
$304,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,196
Avg. Annual Appreciation
13.07%
Original Mortgage
$146,250
Outstanding Balance
$138,959
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$165,237

Purchase Details

Closed on
Dec 11, 2017
Sold by
Sperber Loren
Bought by
2017 Loren Sperber Revocable Trust

Purchase Details

Listed on
Apr 26, 2016
Closed on
Jun 8, 2016
Sold by
Ruso Carlos and Ruso Erika
Bought by
Sperber Loren
Seller's Agent
Jason Gonzalez
Coldwell Banker AJS (28th St)
Buyer's Agent
Chelsea Roelofs
Bluebow Realty LLC
List Price
$84,999
Sold Price
$83,000
Premium/Discount to List
-$1,999
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.54%

Purchase Details

Closed on
Oct 23, 2015
Sold by
Rasberry Ricardo Jervahn and Ruso Carlos O
Bought by
Ruso Carlos and Ruso Erika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 20, 2013
Closed on
Dec 13, 2013
Sold by
Proctor Golda and Estate Of M C Proctor
Bought by
Rasberry Ricardo Jervahn and Rasberry Riccardo Lynn
Seller's Agent
Melvin Fountain
Coldwell Banker AJS (28th St)
Buyer's Agent
Denis Taatjes
Independence Realty (Main)
List Price
$22,000
Sold Price
$9,000
Premium/Discount to List
-$13,000
-59.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Syed Ali $195,000 None Listed On Document
2017 Loren Sperber Revocable Trust -- None Available
Sperber Loren $83,000 Sun Title Agency Of Mi Llc
Ruso Carlos -- Bell Title Agency
Rasberry Ricardo Jervahn $9,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Syed Ali $146,250
Previous Owner Ruso Carlos $44,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2022 05/11/22 Sold $195,000 -2.1% --
04/20/2022 04/20/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $199,215 +140.0% --
05/31/2016 05/31/16 Sold $83,000 -2.4% -- View Prior Sale
05/03/2016 05/03/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $84,999 +844.4% --
12/13/2013 12/13/13 Sold $9,000 -59.1% -- View Prior Sale
12/12/2013 12/12/13 Pending -- -- --
01/20/2013 01/20/13 For Sale $22,000 -- --
Source: MichRIC

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 $4,877 $136,700 $0 $0
2024 $4,877 $107,400 $0 $0
2023 $4,746 $93,100 $0 $0
2022 $2,210 $77,400 $0 $0
2021 $2,154 $69,800 $0 $0
2020 $2,081 $61,200 $0 $0
2019 $2,131 $50,400 $0 $0
2018 $2,066 $40,100 $0 $0
2017 $2,015 $34,000 $0 $0
2016 $1,616 $29,500 $0 $0
2015 $1,477 $29,500 $0 $0
2013 -- $26,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chelsea Roelofs

    Seller's Agent in 2022

    Chelsea Roelofs

    Bluebow Realty LLC

    (616) 446-0041

    1 in this area

    39 Total Sales

    Chelsea Roelofs
    Section Image
  • Drew Denham

    Buyer's Agent in 2022

    Drew Denham

    Keller Williams GR North (Main)

    (989) 213-7217

    1 in this area

    135 Total Sales

    Drew Denham
    Section Image

  • J

    Seller's Agent in 2016

    Jason Gonzalez

    Coldwell Banker AJS (28th St)

  • M

    Seller's Agent in 2013

    Melvin Fountain

    Coldwell Banker AJS (28th St)

  • D

    Buyer's Agent in 2013

    Denis Taatjes

    Independence Realty (Main)

See All Agents

Map

Source: MichRIC

MLS Number: 22012097

MichRIC

APN: 41-14-31-257-004

Michigan Kent County Grand Rapids 49503 South Hill

710 Paris Ave SE, Grand Rapids, MI

Not Listed for Sale

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
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