NOT LISTED FOR SALE

727 Union Ave SE Unit 2 Grand Rapids, MI 49503

South Hill Neighborhood

Estimated Value: $248,000 - $261,030

4 Beds
2 Baths
-- Sq Ft
6,600 Sq Ft Lot

Last Sold December 12, 2024

Last sale price $234,900

Est. 9% increase in value since last sale

Current estimated payment $1,419/month

8 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Level Lot

About This Home

As of December 2024

Almost a block North of MLK Jr. St and just one block south of Heritage Hill. Well kept two family with Kit,Din,LR,2 Bds,Bath and main floor laundry on the main floor. Not presently rented. Call LS for code. Upstairs is Kit,3 Bds, LRm, Bath. Each apt is approx. 1000Sq.Ft. Units have been updated with newer furnaces kitchens and baths. Separate utilities. Michigan basement storage. No garage, but off-street parking.
Current Certificate of Compliance, expires 04/03/2029
OFFER DEADLINE 11/18/2024 @NOON.

Last Agent to Sell the Property

Anthony DeBartolo

DeBartolo Realty License #6502353236 Listed on: 11/11/2024

Last Buyer's Agent

Joel Horst

Bellabay Realty LLC License #6501425890

Bellabay Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1896

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement
  • Laundry in unit

Parking

  • 3 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,000

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1896
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 104.5
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1000.0
  • Tax Info:Zoning3: Multi
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 229900.0
  • Lot Features: Level
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available, Storm Sewer

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 50x132
  • Lot Size Sq Ft: 6600.0
  • Zoning Description: Multi
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1000.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Dec 12, 2024
Sold by
James E And Denise L Loftus Living Trust
Bought by
Stetler Nathan
Seller's Agent
Anthony DeBartolo
DeBartolo Realty
Buyer's Agent
Joel Horst
Bellabay Realty LLC
List Price
$229,900
Sold Price
$234,900
Premium/Discount to List
$5,000
2.17%
Views
8
Current Estimated Value
$255,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,108
Avg. Annual Appreciation
8.30%
Original Mortgage
$230,644
Outstanding Balance
$228,830
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$26,178

Purchase Details

Closed on
Jan 18, 2024
Sold by
Loftus James E and Loftus Denise L
Bought by
James E And Denise L Loftus Living Trust and Loftus

Purchase Details

Closed on
Oct 31, 2003
Sold by
Loftus James E and Loftus Denise L
Bought by
Loftus James E and Loftus Denise L

Purchase Details

Closed on
Feb 28, 2000
Sold by
Morren Morren K K and Morren K
Bought by
Loftus Boyce M and Loftus James Denise

Purchase Details

Closed on
Oct 7, 1991
Sold by
Dnhllndr Dnhllndr M M and Dnhllndr Morren K
Bought by
Loftus James Denise
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stetler Nathan $234,900 None Listed On Document
James E And Denise L Loftus Living Trust -- None Listed On Document
Loftus James E -- --
Loftus Boyce M $52,500 --
Loftus James Denise $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stetler Nathan $230,644
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2024 12/12/24 Sold $234,900 +2.2% --
11/19/2024 11/19/24 Pending -- -- --
11/11/2024 11/11/24 For Sale $229,900 -- --
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 $946 $141,300 $0 $0
2024 $946 $120,000 $0 $0
2023 $939 $103,800 $0 $0
2022 $892 $86,200 $0 $0
2021 $869 $77,700 $0 $0
2020 $840 $68,300 $0 $0
2019 $860 $37,000 $0 $0
2018 $834 $29,000 $0 $0
2017 $814 $21,000 $0 $0
2016 $818 $19,000 $0 $0
2015 $779 $19,000 $0 $0
2013 -- $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anthony DeBartolo

    Seller's Agent in 2024

    Anthony DeBartolo

    DeBartolo Realty

    (616) 459-3581

    1 in this area

    214 Total Sales

    Anthony DeBartolo
    Section Image
  • Joel Horst

    Buyer's Agent in 2024

    Joel Horst

    Bellabay Realty LLC

    (616) 717-2465

    2 in this area

    180 Total Sales

    Joel Horst
    Section Image
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Map

Source: MichRIC

MLS Number: 24058828

MichRIC

APN: 41-14-31-257-022

Michigan Kent County Grand Rapids 49503 South Hill

727 Union Ave SE Unit 2, Grand Rapids, MI

Not Listed for Sale

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

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