$219,900
SOLD JAN 13, 2022

733 Lafayette Ave NE Grand Rapids, MI 49503

Belknap Lookout Neighborhood
-- Bed
-- Bath
-- Sq Ft
6,050 Sq Ft Lot

Recently Sold

119 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • 5-minute walk to Coit Park

About This Home

As of October 2023

The tenants in this vinyl sided 2-story, 2-family home would like to stay! The retiring owner after 51 years of ownership wants to find them a new landlord. This home is on the bus line just 3-1/2 blocks from the hospital. It has newer furnaces, nice hardwood floors, a covered front porch, and off street parking for the lower units tenant. It has 3 bedrooms upstairs, 2 bedrooms downstairs, and a clean walkout basement for some storage. The tenants will let you in so you can meet them and they can meet you! Come take a look!

Last Agent to Sell the Property

Randy Reeds

Reeds Realty License #6504208277 Listed on: 10/11/2021

Last Buyer's Agent

Darryl Matthews, Jr

Keller Williams GR East License #6506047703

Keller Williams GR East

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,582

Year Built

  • Built in 1900

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Walk-Out Basement
  • 6,050 Sq Ft Lot

Community Details

  • 2 Units
  • Insurance Expense $626

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,582

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walk Out

Exterior Features

  • List Price: 209900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6050.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Gas

Multi Family

  • Insurance Expense: 626.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1582.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 17, 2023
Sold by
Lafayette Avenue Llc
Bought by
Lutz Kent
Seller's Agent
Tammy Jo Budzynski
Keller Williams GR North
Buyer's Agent
Emily Anderson
Greenridge Realty South Haven
List Price
$279,900
Sold Price
$273,875
Premium/Discount to List
-$6,025
-2.15%
Total Days on Market
119
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
5.47%
Original Mortgage
$205,406
Outstanding Balance
$202,109
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$96,428

Purchase Details

Listed on
Oct 11, 2021
Closed on
Jan 13, 2022
Sold by
Tew Stephen B
Bought by
Lafayette Avenue Llc
Seller's Agent
Randy Reeds
Reeds Realty
Buyer's Agent
Darryl Matthews, Jr
Keller Williams GR East
Sold Price
$219,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.28%
Original Mortgage
$175,920
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 1995
Sold by
Tew Tew D D and Tew S
Bought by
Tew Tew S and Tew Stephen B

Purchase Details

Closed on
Dec 1, 1986
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 Type Sale Price Title Company
Warranty Deed $273,875 Chicago Title
Warranty Deed $219,900 Sun Title
Deed -- --
Deed $7,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $205,406 New Conventional
Previous Owner $175,920 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $299,000 +9.2% --
10/18/2023 10/18/23 Sold $273,875 -2.2% --
09/12/2023 09/12/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $279,900 +27.3% --
01/13/2022 01/13/22 Sold $219,900 0.0% --
10/29/2021 10/29/21 Pending -- -- --
10/11/2021 10/11/21 For Sale -- -- --
07/19/2021 07/19/21 Pending -- -- --
07/19/2021 07/19/21 For Sale -- -- --
07/14/2021 07/14/21 Off Market $219,900 -- --
07/02/2021 07/02/21 For Sale $219,900 -- --
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
2024 $5,992 $120,100 $0 $0
2023 $5,630 $111,200 $0 $0
2022 $1,616 $100,800 $0 $0
2021 $1,575 $90,400 $0 $0
2020 $1,522 $80,700 $0 $0
2019 $1,558 $72,600 $0 $0
2018 $1,511 $62,500 $0 $0
2017 $1,474 $55,100 $0 $0
2016 $1,481 $48,200 $0 $0
2015 $1,447 $48,200 $0 $0
2013 -- $37,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tammy Jo Budzynski

    Keller Williams GR North

    (616) 292-4400

    8 in this area

    507 Total Sales

    Tammy Jo Budzynski
    Section Image
  • Emily Anderson

    Buyer's Agent in 2023

    Emily Anderson

    Greenridge Realty South Haven

    (313) 550-1794

    1 in this area

    92 Total Sales

    Emily Anderson
    Section Image
  • Randy Reeds

    Seller's Agent in 2022

    Randy Reeds

    Reeds Realty

    (616) 291-3930

    2 in this area

    300 Total Sales

    Randy Reeds
    Section Image
  • Darryl Matthews, Jr

    Buyer's Agent in 2022

    Darryl Matthews, Jr

    Keller Williams GR East

    (616) 881-9047

    4 in this area

    243 Total Sales

    Darryl Matthews, Jr
    Section Image
  • Lucas Howard

    Buyer Co-Listing Agent in 2022

    Lucas Howard

    Keller Williams GR East

    (616) 893-6478

    4 in this area

    1,295 Total Sales

    Lucas Howard
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21025875

Southwestern Michigan Association of REALTORS®

APN: 41-14-19-327-031

Michigan Kent County Grand Rapids 49503 Belknap Lookout

733 Lafayette Ave NE, Grand Rapids, MI

This home is located at 733 Lafayette Ave NE, Grand Rapids, MI 49503 and is currently priced at $219,900. This property was built in 1900. 733 Lafayette Ave NE is a home located in Kent County with nearby schools including Coit Creative Arts Academy, Riverside 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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