NOT LISTED FOR SALE

718 Butterworth St SW Grand Rapids, MI 49504

SWAN Neighborhood

Estimated Value: $226,000 - $246,744

-- Bed
-- Bath
-- Sq Ft
4,343 Sq Ft Lot

Last Sold December 12, 2024

Last sale price $230,000

Est. 2% increase in value since last sale

Current estimated payment $1,476/month

85 Days on Market

Highlights

  • 1 Fireplace
  • Laundry Facilities
  • 3-minute walk to Westown Commons Park
  • Forced Air Heating System

About This Home

As of December 2024

Welcome to 718 Butterworth SW, a meticulously maintained duplex situated just outside downtown Grand Rapids and conveniently close to the GVSU campus. Recent updates in 2016 include furnace, water heater, kitchen appliances, electric upgrades, and the portion of the roof in the rear of the home. All new windows in 2010. This property features two spacious units, each with 2 bedrooms and 1 bathroom. Both units offer strong rental potential with Unit 1 currently renting for $1,100 per month and Unit 2 for $1,300 per month. With a solid rental history and a prime location, this property is an excellent investment opportunity. Close to GVSU Downtown Campus. Available for owner occupant.

Last Agent to Sell the Property

Jordan Painter

Keystone Home Group Realty LLC Listed on: 08/29/2024

Last Buyer's Agent

Jordan Painter

Keystone Home Group Realty LLC Listed on: 08/29/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,183

Year Built

  • Built in 1926

Lot Details

  • 4,343 Sq Ft Lot
  • Lot Dimensions are 30.8 x 141

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electric, water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,183

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1926
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 30.8 x 141
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2183.4
  • Tax Info:Zoning3: res
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Laundry Features Common Area: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 274900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 30.8 x 141
  • Lot Size Sq Ft: 4343.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2183.4
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Dec 12, 2024
Sold by
Heritage Investment Services
Bought by
Leuschner Erika
Seller's Agent
Jordan Painter
Keystone Home Group Realty LLC
Buyer's Agent
Jordan Painter
Keystone Home Group Realty LLC
List Price
$299,900
Sold Price
$230,000
Premium/Discount to List
-$69,900
-23.31%
Views
35
Current Estimated Value
$234,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,186
Avg. Annual Appreciation
1.39%

Purchase Details

Closed on
Sep 13, 2024
Sold by
Gr Heritage Homes Llc
Bought by
Heritage Investment Services Llc

Purchase Details

Closed on
Sep 8, 2017
Sold by
Family Financial Legacy Group Llc
Bought by
Gr Heritage Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2016
Sold by
Bedgood Connie L and Miller Keith
Bought by
Family Financial Legacy Group Llc

Purchase Details

Closed on
Mar 29, 2001
Sold by
Therese M Cardinal Trust
Bought by
Miller Keith and Miller Connie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,892
Interest Rate
7.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 1993
Sold by
Cardnl Holland P and Tst Cardnl
Bought by
Miller Keith Connie L

Purchase Details

Closed on
Dec 30, 1993
Sold by
Cardnl Holland P and Tst Cardnl
Bought by
Miller Keith Connie L

Purchase Details

Closed on
May 7, 1989
Sold by
Crdnl Tr and Crdnl Miller K
Bought by
Miller Keith Connie L

Purchase Details

Closed on
Dec 3, 1980
Bought by
Miller Keith Connie L
Source: Public Records

Range of Values:

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Average Value
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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
Leuschner Erika $230,000 Lighthouse Title
Heritage Investment Services Llc -- None Listed On Document
Gr Heritage Homes Llc -- None Available
Gr Hertage Homes Llc -- Sun Title Agency Of Michigan
Whitteberry Stephen R -- None Available
Family Financial Legacy Group Llc $20,000 Sun Title Agency Of Mi Llc
Miller Keith $42,000 Fidelity National Title Ins
Miller Keith Connie L -- --
Miller Keith Connie L $23,400 --
Miller Keith Connie L $42,000 --
Miller Keith Connie L $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gr Hertitage Homes $288,000
Previous Owner Gr Heritage Homes Llc $300,000
Previous Owner Miller Keith $76,104
Previous Owner Miller Keith $72,892
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Sold $230,000 -16.3% --
11/22/2024 11/22/24 Pending -- -- --
09/19/2024 09/19/24 Price Changed $274,900 -8.3% --
08/29/2024 08/29/24 For Sale $299,900 -- --
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 $2,197 $108,700 $0 $0
2024 $2,197 $101,100 $0 $0
2023 $2,179 $90,300 $0 $0
2022 $2,071 $75,200 $0 $0
2021 $2,018 $66,700 $0 $0
2020 $1,951 $58,600 $0 $0
2019 $1,997 $46,100 $0 $0
2018 $2,030 $38,400 $0 $0
2017 $1,889 $32,300 $0 $0
2016 $1,004 $31,500 $0 $0
2015 $2,072 $31,500 $0 $0
2013 -- $27,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jordan Painter

    Seller's Agent in 2024

    Jordan Painter

    Keystone Home Group Realty LLC

    (616) 299-8470

    8 in this area

    219 Total Sales

    Jordan Painter
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24045411

Southwestern Michigan Association of REALTORS®

APN: 41-13-25-352-003

Michigan Kent County Grand Rapids 49504 SWAN

718 Butterworth St SW, Grand Rapids, MI

This home is located at 718 Butterworth St SW, Grand Rapids, MI 49504 since 29 August 2024 and is currently estimated at $234,186. This property was built in 1926. 718 Butterworth St SW is a home located in Kent County with nearby schools including Shawmut Hills School, Westwood 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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