NOT LISTED FOR SALE

715 Kellogg St SE Grand Rapids, MI 49503

East Hills Neighborhood

Estimated Value: $397,999 - $580,000

-- Bed
-- Bath
-- Sq Ft
7,013 Sq Ft Lot

Last Sold August 15, 2023

Last sale price $519,000

Est. 8% decrease in value since last sale

Current estimated payment $3,342/month

1 Day on Market

Highlights

  • 1 Fireplace
  • 3 Car Garage
  • 3-minute walk to Cherry Park
  • Hot Water Heating System
  • Wood Siding

About This Home

As of August 2023

Don't Miss This 4 Unit In The Heart of East Hills/Heritage Hill/Cherry Hill! Walk To The Likes of The Greenwell, Grove, Brewery Vivant & More! All Units Currently Rented. Detached 3 Stall Garage Included Along With Off-Street Parking. Each Unit Includes Refrigerator & Range, With One Unit Including A Dishwasher. Please Inquire for P & L / Leases. Shared Laundry. City Certified Through April of 2027.

Last Agent to Sell the Property

Mark Brace

Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6502368851 Listed on: 07/14/2023

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Last Buyer's Agent

Scott Bradford

RE/MAX of Grand Rapids (FH) License #6501377797

RE/MAX of Grand Rapids (FH)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,851

Year Built

  • Built in 1875

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 49.5x142

Parking

  • 3 Car Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, sewer, gas

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $2,403
  • Utility Expense $6,226
  • Operating Expense $14,165
  • Gross Income $49,021
  • Net Operating Income $24,457

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,851

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1875
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 49.5x142
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3851.0
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: 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:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Heat Type:Hot Water: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 525000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Hot Water, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Dimensions: 49.5x142
  • Lot Size Sq Ft: 7013.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Gross Income: 49021.0
  • Insurance Expense: 2403.25
  • Net Operating Income: 24456.65
  • Number of Units Total: 4
  • Operating Expense: 14165.02

Tax Info

  • Tax Annual Amount: 3851.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2024
Sold by
Hey Bob Llc
Bought by
715 Kellogg St Se Llc
Current Estimated Value
$476,482

Purchase Details

Closed on
Dec 28, 2023
Sold by
Hoppes Robert
Bought by
Hey Bob Llc

Purchase Details

Listed on
Jul 14, 2023
Closed on
Aug 15, 2023
Sold by
Twist John Brooks
Bought by
Hoppes Robert
Seller's Agent
Mark Brace
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Buyer's Agent
Scott Bradford
RE/MAX of Grand Rapids (FH)
List Price
$525,000
Sold Price
$519,000
Premium/Discount to List
-$6,000
-1.14%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.76%
Original Mortgage
$389,250
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2020
Sold by
Twist John Brooks and Brooks Twist J
Bought by
Twist John Brooks

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2014
Sold by
Convissor Philip J and Convissor Hannelore
Bought by
Twist J Brooks

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,192
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 1998
Sold by
Bckn Bckn G G and Bckn M
Bought by
Convissor Convissor P and Convissor Philip J
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
715 Kellogg St Se Llc -- None Listed On Document
Hey Bob Llc -- None Listed On Document
Hoppes Robert $519,000 First American Title
Twist John Brooks -- Cloding Usa Llc
Twist J Brooks $155,000 Sun Title Agency
Convissor Convissor P $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoppes Robert $389,250
Previous Owner Twist John Brooks $35,000
Previous Owner Twist John Brooks $270,000
Previous Owner Gosztyla Twist J $50,000
Previous Owner Twist John Brooks $156,500
Previous Owner Twist J Brooks $152,192
Previous Owner Convissor Philip J $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $519,000 -1.1% --
07/15/2023 07/15/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $525,000 -- --
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 $8,516 $211,200 $0 $0
2024 $8,516 $170,700 $0 $0
2023 $4,442 $159,800 $0 $0
2022 $3,852 $161,800 $0 $0
2021 $3,755 $120,800 $0 $0
2020 $3,623 $115,400 $0 $0
2019 $3,724 $104,800 $0 $0
2018 $3,608 $95,800 $0 $0
2017 $3,518 $73,500 $0 $0
2016 $3,540 $72,100 $0 $0
2015 $3,358 $72,100 $0 $0
2013 -- $60,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Brace

    Seller's Agent in 2023

    Mark Brace

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (616) 447-7025

    3 in this area

    870 Total Sales

    Section Image
  • Scott Bradford

    Buyer's Agent in 2023

    Scott Bradford

    RE/MAX Michigan

    (616) 551-9735

    3 in this area

    175 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23025027

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-431-012

Michigan Kent County Grand Rapids 49503 East Hills

715 Kellogg St SE, Grand Rapids, MI

This home is located at 715 Kellogg St SE, Grand Rapids, MI 49503 since 14 July 2023 and is currently estimated at $500,250. This property was built in 1875. 715 Kellogg St SE is a home located in Kent County with nearby schools including Congress Elementary, Alger Middle School, and Ottawa Hills 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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