731 Franklin St SE Grand Rapids, MI 49507
Madison Area NeighborhoodEstimated Value: $190,000 - $218,000
3
Beds
1
Bath
1,242
Sq Ft
$162/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Porch
- Storm Windows
- Fenced Yard
- Eat-In Kitchen
- Living Room
About This Home
As of March 2015This is a 3 bedroom 1 bath home with large fenced yard, is close to transportation and shopping. Investors, this is currently a rental property with current City of Grand Rapids Certificate. Electrical has been updated, new furnace 2013
Last Agent to Sell the Property
Greenridge Realty (Kentwood) License #6501339895 Listed on: 02/02/2015
Last Buyer's Agent
Aaron Metaj
Bellabay Realty LLC License #6502419485
Home Details
Home Type
- Single Family
Year Built
- Built in 1908
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 33x132
- Fenced Yard
Home Design
- Traditional Architecture
- Composition Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 1,242 Sq Ft Home
- 2-Story Property
- Living Room
- Basement Fills Entire Space Under The House
- Storm Windows
Kitchen
- Eat-In Kitchen
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Phone Connected
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 30, 2016
Sold by
Jdm Holdings Llc
Bought by
Giant Lions Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,250
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Feb 2, 2015
Closed on
Mar 27, 2015
Sold by
Belay Getahun T and Chkole Webensh T
Bought by
J D M Holdings Llc
Seller's Agent
Mark O`Gorman
Greenridge Realty (Kentwood)
Buyer's Agent
Aaron Metaj
Bellabay Realty LLC
List Price
$26,000
Sold Price
$20,000
Premium/Discount to List
-$6,000
-23.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.39%
Purchase Details
Closed on
Sep 17, 2012
Sold by
Leite Rebecca
Bought by
Belay Getahun T
Purchase Details
Closed on
Aug 1, 2011
Sold by
Coriano Inc
Bought by
Leite Rebecca
Purchase Details
Closed on
Dec 2, 2008
Sold by
Federal Deposit Insurance Corporation
Bought by
Jpmorgan Chase Bank National Association
Purchase Details
Closed on
Nov 12, 2008
Sold by
Jp Morgan Chase Bank National Associatio
Bought by
Coriano Inc
Purchase Details
Closed on
Oct 31, 2007
Sold by
Oral Gokhan
Bought by
Washington Mutual Bank
Purchase Details
Closed on
Nov 17, 2006
Sold by
Fremichael Tewolde and Gebremichael Tsegewoini K
Bought by
Oral Gokhan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
9.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 12, 1997
Sold by
Dnhm Asc
Bought by
Fremchl Fremchl T and Fremchl T
Purchase Details
Closed on
Aug 28, 1997
Bought by
Us Home&Rlt and Belay Getahun T
Purchase Details
Closed on
Sep 7, 1995
Sold by
Ottaco Inc and Ottaco Dunham A
Bought by
Belay Dunham A and Belay Getahun T
Purchase Details
Closed on
Sep 6, 1995
Purchase Details
Closed on
Aug 24, 1995
Sold by
Dunham 131 E and Dunham Ann P
Bought by
Dunham Ann P and Belay Getahun T
Purchase Details
Closed on
Aug 18, 1995
Bought by
Dunham A\ Per Mc and Belay Getahun T
Purchase Details
Closed on
Aug 24, 1993
Similar Homes in Grand Rapids, MI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Giant Lions Llc | -- | Sun Title Agency Of Mi Llc | |
| J D M Holdings Llc | $20,000 | Sun Title Agency Of Mi Llc | |
| Belay Getahun T | $5,000 | None Available | |
| Leite Rebecca | -- | None Available | |
| Jpmorgan Chase Bank National Association | -- | None Available | |
| Washington Mutual Bank | $84,852 | None Available | |
| Oral Gokhan | $90,000 | Land Title | |
| Fremchl Fremchl T | -- | -- | |
| Us Home&Rlt | -- | -- | |
| Belay Dunham A | -- | -- | |
| -- | $100 | -- | |
| Dunham Ann P | -- | -- | |
| Dunham A\ Per Mc | -- | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Giant Lions Llc | $432,250 | |
| Previous Owner | P5 Properties Llc | $126,200 | |
| Previous Owner | Oral Gokhan | $79,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2015 03/27/15 | Sold | $20,000 | -23.1% | $16 / Sq Ft |
| 02/28/2015 02/28/15 | Pending | -- | -- | -- |
| 02/02/2015 02/02/15 | For Sale | $26,000 | -- | $21 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $1,522 | $77,900 | $0 | $0 |
| 2024 | $1,522 | $70,400 | $0 | $0 |
| 2023 | $1,455 | $65,200 | $0 | $0 |
| 2022 | $1,435 | $56,100 | $0 | $0 |
| 2021 | $1,398 | $46,100 | $0 | $0 |
| 2020 | $1,351 | $36,900 | $0 | $0 |
| 2019 | $1,764 | $31,000 | $0 | $0 |
| 2018 | $2,763 | $27,000 | $0 | $0 |
| 2017 | $1,420 | $22,500 | $0 | $0 |
| 2016 | $1,223 | $22,600 | $0 | $0 |
| 2015 | $987 | $22,600 | $0 | $0 |
| 2013 | -- | $18,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mark O`Gorman
M
Seller's Agent in 2015
Mark O`Gorman
Greenridge Realty (Kentwood)
(616) 690-1793
16 Total Sales
-
A
Buyer's Agent in 2015
Aaron Metaj
Bellabay Realty LLC
(616) 485-7750
29 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 15004266
APN: 41-14-31-283-019
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