NOT LISTED FOR SALE

726 Franklin St SE Grand Rapids, MI 49507

Madison Area Neighborhood

Estimated Value: $239,000 - $252,000

-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold January 25, 2017

Last sale price $70,000

Est. 252% increase in value since last sale

Current estimated payment $1,588/month

4 Days on Market

About This Home

As of January 2017

Great investment opportunity on the SE side. Located in the South East End neighborhood within walking distance to all the shops and restaurants on Wealthy St and in East Hills! This 2 Unit is a great step to get your foot in the door of home ownership. Lower unit features 6 y/o Pergo flooring, carpet in the bedrooms and a bright, open kitchen. Upper unit has original wood floors and 2 baths (one connected to a bedroom) as well as a bonus room that used to be a kitchen when the house was a 3 unit. Basement houses washer & dryer. And there is off-street parking. Newer front porch and updated electrical.

Last Agent to Sell the Property

Samantha Searl

Keller Williams GR North Listed on: 11/23/2016

Keller Williams GR North

Last Buyer's Agent

Sean Cornett

Keller Williams GR East License #6501385058

Keller Williams GR East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 1880

Lot Details

  • 5,227

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Shared Water Meter

Additional Features

  • Basement Fills Entire Space Under The House
  • 5,227 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, trash collection, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,600

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 72000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Trash Collection, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1600.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2016
Closed on
Jan 25, 2017
Sold by
Bechiri Said and Bechiri Holly
Bought by
Hoffman Benjamin
Seller's Agent
Samantha Searl
Keller Williams GR North
Buyer's Agent
Sean Cornett
Keller Williams GR East
List Price
$78,000
Sold Price
$70,000
Premium/Discount to List
-$8,000
-10.26%
Current Estimated Value
$246,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,196
Avg. Annual Appreciation
16.13%
Original Mortgage
$51,262
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2007
Sold by
The Bank Of New York Trust Co Na
Bought by
American Residential Equities

Purchase Details

Closed on
Apr 4, 2007
Sold by
Harvey Fred D and Harvey Michael Todd
Bought by
The Bank Of New York Trust Co Na and Jpmorgan Chase Bank Na

Purchase Details

Closed on
May 10, 2006
Sold by
Harvey Fred O
Bought by
Harvey Michael and Harvey Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2006
Sold by
Redder Marshall and Redder Meri
Bought by
Harvey Fred D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2005
Sold by
Meyer Tom
Bought by
Redder Marshall

Purchase Details

Closed on
Sep 27, 1999
Sold by
Redder Redder M M and Redder Meyer T
Bought by
Bechiri Meyer T and Bechiri Said Holly

Purchase Details

Closed on
Dec 23, 1998
Sold by
Farley Farley J J and Farley Redder M
Bought by
Bechiri Said Holly

Purchase Details

Closed on
May 5, 1998
Sold by
Redder Redder M M and Redder Farley J
Bought by
Bechiri Farley J and Bechiri Said Holly

Purchase Details

Closed on
Nov 8, 1996
Sold by
Jones Jones L L and Jones Redder M
Bought by
Bechiri Redder M and Bechiri Said Holly
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hoffman Benjamin $68,350 None Available
American Residential Equities -- None Available
The Bank Of New York Trust Co Na $56,000 None Available
Harvey Michael $2,000 None Available
Harvey Fred D $89,900 None Available
Redder Marshall -- --
Bechiri Meyer T -- --
Bechiri Said Holly -- --
Bechiri Farley J $28,000 --
Bechiri Redder M $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Benjamin $147,000
Closed Hoffman Benjamin $101,000
Closed Hoffman Benjamin $20,000
Closed Hoffman Benjamin $65,800
Closed Hoffman Benjamin $51,262
Previous Owner Harvey Fred D $89,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2017 01/25/17 Sold $70,000 -10.3% --
11/27/2016 11/27/16 Pending -- -- --
11/23/2016 11/23/16 For Sale $78,000 -- --
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 $2,609 $117,300 $0 $0
2024 $2,609 $109,000 $0 $0
2023 $2,494 $97,200 $0 $0
2022 $2,459 $80,600 $0 $0
2021 $2,396 $72,800 $0 $0
2020 $2,316 $62,100 $0 $0
2019 $2,371 $52,500 $0 $0
2018 $2,299 $43,400 $0 $0
2017 $1,616 $36,400 $0 $0
2016 $1,624 $32,100 $0 $0
2015 $1,548 $32,100 $0 $0
2013 -- $30,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Samantha Searl

    Keller Williams GR North

    (616) 617-3410

    37 Total Sales

    Samantha Searl
    Section Image

  • S

    Buyer's Agent in 2017

    Sean Cornett

    Keller Williams GR East

    (616) 575-1800

    10 Total Sales

    Section Image

  • D

    Buyer Co-Listing Agent in 2017

    David Thompson

    Michigan Top Producers

    (616) 485-5470

    11 Total Sales

    David Thompson
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16034982

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-427-007

Michigan Kent County Grand Rapids 49503 Madison Area

726 Franklin St SE, Grand Rapids, MI

This home is located at 726 Franklin St SE, Grand Rapids, MI 49507 since 23 November 2016 and is currently estimated at $246,196. This property was built in 1880. 726 Franklin St SE is a home located in Kent County with nearby schools including Campus Elementary School, 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes