NOT LISTED FOR SALE

734 Alexander St SE Grand Rapids, MI 49507

Madison Area Neighborhood

Estimated Value: $183,637 - $209,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold January 13, 2012

Last sale price $8,000

Est. 2,324% increase in value since last sale

Current estimated payment $1,131/month

38 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • 2-minute walk to Alexander Park

About This Home

As of January 2012

Great earning potential. 1 bed and 1 bath in lowere unit. 2 beds and 1 bath in upper unit. fenced yard. Close to transportation, shopping and schools. CASH OFFER: The Grantee(s), or purchaser(s), of the property may not re-sell, record an additional conveyance document, or otherwise transfer title to the property within 60 days following the Grantor's execution of the deed.

Last Agent to Sell the Property

Terry Adams

A.L.C. Realty License #6502353652 Listed on: 10/28/2011

Last Buyer's Agent

Lyn DenBraber

Agent History

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 35 x 70

Parking

  • 1 Parking Space

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 35 x 70
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1320.0
  • Tax Info:Zoning3: residential
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: 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:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 9800.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

  • Total Parking Spaces: 1.0
  • General Property Info:Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling: No
  • 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, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 35 x 70
  • Lot Size Sq Ft: 2614.0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1320.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2011
Closed on
Jan 5, 2012
Sold by
The Bank Of New York Mellon
Bought by
Holman Anthony
Seller's Agent
Terry Adams
A.L.C. Realty
Buyer's Agent
Lyn DenBraber
Agent History
List Price
$9,800
Sold Price
$8,000
Premium/Discount to List
-$1,800
-18.37%
Current Estimated Value
$193,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,909
Avg. Annual Appreciation
26.14%

Purchase Details

Closed on
Feb 9, 2011
Sold by
Reece Karen L
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 5, 2003
Sold by
Tharp Don and Tharp Mary P
Bought by
Reece Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,650
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 1998
Sold by
Chmpln Chmpln R R and Chmpln M
Bought by
Tharp Tharp D and Tharp M

Purchase Details

Closed on
Nov 28, 1985

Purchase Details

Closed on
Nov 26, 1985

Purchase Details

Closed on
May 7, 1985
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 Buyer Sale Price Title Company
Holman Anthony $8,000 Etitle Agency Inc
The Bank Of New York Mellon $53,125 None Available
Reece Karen L $38,500 Chicago Title Insurance Co
Tharp Tharp D $15,000 --
-- $10,000 --
-- $14,000 --
-- $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reece Karen L $34,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2012 01/13/12 Sold $8,000 -18.4% --
12/05/2011 12/05/11 Pending -- -- --
10/28/2011 10/28/11 For Sale $9,800 -- --
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 $1,237 $75,900 $0 $0
2024 $1,237 $70,500 $0 $0
2023 $1,227 $61,100 $0 $0
2022 $1,166 $50,700 $0 $0
2021 $1,136 $45,800 $0 $0
2020 $1,098 $39,100 $0 $0
2019 $1,124 $32,900 $0 $0
2018 $1,188 $27,300 $0 $0
2017 $1,063 $22,900 $0 $0
2016 $1,068 $20,200 $0 $0
2015 $1,018 $20,200 $0 $0
2013 -- $20,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Terry Adams

    A.L.C. Realty

    (616) 460-0472

    33 Total Sales

    Terry Adams
    Section Image

  • L

    Buyer's Agent in 2012

    Lyn DenBraber

    Agent History

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11058331

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-476-022

Michigan Kent County Grand Rapids 49507 Madison Area

734 Alexander St SE, Grand Rapids, MI

This home is located at 734 Alexander St SE, Grand Rapids, MI 49507 since 28 October 2011 and is currently estimated at $193,909. This property was built in 1910. 734 Alexander 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.
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