$250,000
SOLD OCT 22, 2020
-- Bed
-- Bath
-- Sq Ft
6,011 Sq Ft Lot

Recently Sold

Highlights

  • 1 Fireplace
  • Laundry Facilities
  • Wood Siding
  • Forced Air Heating System
  • High Speed Internet
  • 2-minute walk to Cherry Park

About This Home

As of June 2021

SOLD BEFORE BROADCAST... An amazing opportunity to own a 3 unit Multi-Family Property in the heart of Grand Rapids. Close to East Hills, Heritage Hill, and Downtown. 2019: Newer Electrical throughout most of the house. 2015 New Upstairs Bathroom (3 Bed unit) and new plumbing. 2011/13 - New Anderson Windows & 95% furnace. 2010 New Roof. On the main floor in the front is a gorgeous Studio Apt with a full kitchen. Off the back entrance on the main is a 3 bedroom unit, with 2 bedrooms located upstairs & 1 Full bath. Upstairs off the main foyer is a nice 1 bedroom unit. In the basement is a shared laundry area and room for storage. 4/5 cars can park in the back for off street parking. All units are occupied. Cert of Compliance thru 11/2025.

Last Agent to Sell the Property

Meagan Zerfas

Novosad Realty Partners, LLC License #6506048258 Listed on: 10/23/2020

Co-Listed By

Sommer Dockery

Novosad Realty Partners, LLC License #6501413353

Last Buyer's Agent

Kyle Visser

Reside Grand Rapids License #6502432810

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,935

Year Built

  • Built in 1875

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 50 x 120

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • The owner pays for trash collection, electricity, water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,935

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1875
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50 x 120
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3934.89
  • Tax Info:Zoning3: RMET3_RES MULTI
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement, Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 249900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Broadband Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 50 x 120
  • Lot Size Sq Ft: 6011.0
  • Zoning Description: RMET3_RES MULTI
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 3934.89
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2021
Sold by
Diane Griffin
Bought by
Griffin Diane and Salmi Ruby Scott
Current Estimated Value
$384,039

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 29, 2021
Sold by
Mfhp Holdings Llc
Bought by
Griffin Diane
Seller's Agent
Kyle Visser
Reside Grand Rapids
Buyer's Agent
Diane Griffin
Keller Williams GR North
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$222,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2021
Sold by
Blom Corey
Bought by
Mfhp Holdings Llc

Purchase Details

Listed on
Oct 23, 2020
Closed on
Oct 22, 2020
Sold by
Jcn Holdings Llc
Bought by
Blom Corey
Seller's Agent
Meagan Zerfas
Novosad Realty Partners, LLC
Buyer's Agent
Kyle Visser
Reside Grand Rapids
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$187,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2014
Sold by
Reame Investments Llc
Bought by
Jcn Holdings Llc

Purchase Details

Closed on
May 27, 2011
Sold by
Reame Brandon J and Reame Brent A
Bought by
Reame Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,062
Interest Rate
4.96%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 2011
Sold by
Metropolitan Gr Properties Llc
Bought by
Reame Brandon J and Reame Brent A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,062
Interest Rate
4.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2010
Sold by
Holshoe Richard W and Holshoe Jennifer
Bought by
Metropolitan Gr Properties Llc

Purchase Details

Closed on
Jul 7, 2010
Sold by
Holshoe Richard W and Holshoe Jennifer
Bought by
The Huntington National Bank

Purchase Details

Closed on
Apr 29, 1999
Bought by
Rowden D and Reame Investments Llc

Purchase Details

Closed on
Apr 16, 1999
Sold by
Rojac Vndrploeg R and Rojac As
Bought by
Reame Investments Llc

Purchase Details

Closed on
Feb 23, 1999
Sold by
Vnfrw Vnfrw M M and Vnfrw E
Bought by
Glbrt and Reame Investments Llc

Purchase Details

Closed on
Jul 30, 1996
Bought by
Vanfarowe M and Reame Investments Llc

Purchase Details

Closed on
Sep 16, 1991
Sold by
Vanfarowe Vanfarowe M M and Pieksma Vanfarowe
Bought by
Reame Investments Llc

Purchase Details

Closed on
Nov 9, 1990
Sold by
Props Wst and Props Vnfrowe M
Bought by
Reame Investments Llc

Purchase Details

Closed on
Feb 6, 1989
Sold by
Props Boyd K and Props West
Bought by
Reame Investments Llc

Purchase Details

Closed on
Jan 23, 1989

Purchase Details

Closed on
Oct 26, 1978

Purchase Details

Closed on
Apr 6, 1972
Sold by
Boyd Boyd K K and Boyd Vndrploeg R
Bought by
Reame Investments Llc
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
Quit Claim Deed -- None Listed On Document
Warranty Deed $300,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $250,000 None Available
Warranty Deed -- Lighthouse Title Inc
Warranty Deed -- None Available
Warranty Deed $94,750 None Available
Warranty Deed $40,000 Chicago Title
Sheriffs Deed $69,750 None Available
Warranty Deed $106,000 --
Quit Claim Deed -- --
Warranty Deed $87,000 --
Quit Claim Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed $59,500 --
Warranty Deed $21,500 --
Warranty Deed $15,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $165,310 Credit Line Revolving
Previous Owner $222,750 New Conventional
Previous Owner $187,500 New Conventional
Previous Owner $0 Future Advance Clause Open End Mortgage
Previous Owner $71,062 Commercial
Previous Owner $139,891 Commercial
Previous Owner $147,900 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2021 06/29/21 Sold $300,000 -4.8% --
05/08/2021 05/08/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $315,000 +26.1% --
10/23/2020 10/23/20 For Sale $249,900 0.0% --
10/22/2020 10/22/20 Sold $250,000 -- --
09/30/2020 09/30/20 Pending -- -- --
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 $5,736 $197,200 $0 $0
2024 $5,736 $159,100 $0 $0
2023 $5,791 $149,200 $0 $0
2022 $6,034 $151,200 $0 $0
2021 $5,871 $112,500 $0 $0
2020 $3,843 $113,100 $0 $0
2019 $3,935 $96,500 $0 $0
2018 $3,815 $92,000 $0 $0
2017 $3,721 $81,000 $0 $0
2016 $3,739 $66,400 $0 $0
2015 $3,395 $66,400 $0 $0
2013 -- $55,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20044774

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-428-018