NOT LISTED FOR SALE

714 Garfield Ave NW Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $247,749 - $271,000

-- Bed
-- Bath
-- Sq Ft
2,396 Sq Ft Lot

Last Sold August 15, 2014

Last sale price $64,000

Est. 305% increase in value since last sale

Current estimated payment $1,562/month

12 Days on Market

Highlights

  • Accessible Ramps
  • Forced Air Heating System
  • 4-minute walk to Valley Fields Neighborhood Park

About This Home

As of August 2014

Nicely updated duplex on the NW side. Great opportunity for positive cash flow or owner occupant. Lower unit is very spacious with lots of closet space, 1.5 baths with laundry hook-ups, 2 bedrooms, kitchen with appliances including a dishwasher, living room and dining room. Rents for $679 plus utilities, lease ends 5/31/15. Upper unit is also large with 2 bedrooms, 1 bath, kitchen, dining room and living room. Rents for $550 M/M plus utilities Gas & electric are split. Off - street parking.

Last Agent to Sell the Property

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 06/18/2014

Compass Realty Services

Co-Listed By

Thomas Koetsier

Kay Courtney & Associates

Last Buyer's Agent

Lisa Quist

Keller Williams GR North (Main)

Keller Williams GR North (Main)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,262

Year Built

  • Built in 1900

Lot Details

  • 2,396

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • Crawl Space
  • Accessible Ramps
  • 2,396 Sq Ft Lot

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

$1,262

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Ramped Entrance
  • Basement: Crawl Space

Exterior Features

  • List Price: 69900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2396.0
  • Zoning Description: Res

Rental Info

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

Tax Info

  • Tax Annual Amount: 1262.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2014
Closed on
Aug 15, 2014
Sold by
Gr Metro Properties Llc
Bought by
Downing Jason and Downing Mikaela
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Lisa Quist
Keller Williams GR North (Main)
List Price
$69,900
Sold Price
$64,000
Premium/Discount to List
-$5,900
-8.44%
Current Estimated Value
$259,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,187
Avg. Annual Appreciation
13.05%
Original Mortgage
$48,750
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2010
Sold by
Federal National Mortgage Association
Bought by
Gr Metro Properties Llc

Purchase Details

Closed on
Aug 24, 2009
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 22, 2009
Sold by
Ortega Francisco and Ortega Gabriela Nava
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Mar 9, 1992

Purchase Details

Closed on
Mar 11, 1991
Sold by
Burns Pop and Burns Rockford
Bought by
Gr Metro Properties Llc

Purchase Details

Closed on
Feb 28, 1990
Sold by
Burns Darling R and Burns Popc
Bought by
Gr Metro Properties Llc
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
Downing Jason $65,000 None Available
Gr Metro Properties Llc $30,500 Attorneys Title Agency Llc
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $86,339 None Available
-- $27,000 --
Gr Metro Properties Llc $24,000 --
Gr Metro Properties Llc $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downing Jason $91,000
Closed Downing Jason $48,750
Previous Owner Ortega Francisco $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2014 08/15/14 Sold $64,000 -8.4% --
06/30/2014 06/30/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $69,900 -- --
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 $1,782 $102,400 $0 $0
2024 $1,782 $93,800 $0 $0
2023 $1,768 $83,800 $0 $0
2022 $1,680 $69,400 $0 $0
2021 $1,637 $61,700 $0 $0
2020 $1,583 $54,500 $0 $0
2019 $1,620 $43,700 $0 $0
2018 $1,571 $34,900 $0 $0
2017 $1,532 $31,600 $0 $0
2016 $1,540 $28,700 $0 $0
2015 $1,467 $28,700 $0 $0
2013 -- $25,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    15 in this area

    132 Total Sales

    Allison Koetsier
    Section Image

  • T

    Seller Co-Listing Agent in 2014

    Thomas Koetsier

    Kay Courtney & Associates

  • L

    Buyer's Agent in 2014

    Lisa Quist

    Keller Williams GR North (Main)

    (616) 889-5130

    196 Total Sales

    Lisa Quist
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14034388

Southwestern Michigan Association of REALTORS®

APN: 41-13-23-331-002

Michigan Kent County Grand Rapids 49504 West Grand

714 Garfield Ave NW, Grand Rapids, MI

This home is located at 714 Garfield Ave NW, Grand Rapids, MI 49504 since 18 June 2014 and is currently estimated at $259,187. This property was built in 1900. 714 Garfield Ave 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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