NOT LISTED FOR SALE

735 Coleman St SE Grand Rapids, MI 49508

Estimated Value: $361,000 - $399,000

6 Beds
2 Baths
-- Sq Ft
12,197 Sq Ft Lot

Last Sold November 01, 2023

Last sale price $340,000

Est. 10% increase in value since last sale

Current estimated payment $2,256/month

4 Days on Market

Highlights

  • Private Waterfront
  • Stream or River on Lot
  • Forced Air Heating and Cooling System
  • Countryside Elementary School Rated A

About This Home

As of November 2023

Great investment opportunity in Byron Center School system! Both units offer a similar floor plan with attached garage. The main floor has two bedrooms, a full bath, living room, kitchen, and sliders to the deck. The basement has additional finished space including a third bedroom, living area, second bath in one unit, and a walk-out slider to the backyard. This home sits in a great location and has a beautiful creek running through the backyard. Both units are currently occupied (please don't visit the property without an appointment). Showing times are limited, see agent comments. If offers are received they will be held until Monday Sept 18 at 11am.

Last Agent to Sell the Property

Erica Stehouwer

RE/MAX of Grand Rapids (FH) License #6501332085 Listed on: 09/14/2023

RE/MAX of Grand Rapids (FH)

Last Buyer's Agent

Thomas Tran

1st Advantage Realty License #6501313591

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1977

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 117x100
  • Private Waterfront
  • 117 Feet of Waterfront

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Basement

  • Walk-Out Basement

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Water Access
  • Stream or River on Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, trash, gas

Community Details

Overview

  • 2 Units

Recreation

  • Recreational Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,200

Year Built

Built in 1977

Lot Details

0.28 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1977
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 117x100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: res
  • Waterfront Options:Water Access YN: Yes
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Waterfront Options:Water Frontage3: 117.0
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Cable Available: Yes
  • Substructure Walk-Out Access2: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walk-Out Access
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 340000.0
  • Lot Features: Recreational
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront Features: Stream/Creek
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Available, Natural Gas Connected, Electricity Connected

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Dimensions: 117x100
  • Lot Size Sq Ft: 12240.0
  • Zoning Description: res

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Trash, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3200.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Nov 1, 2023
Sold by
Foote Keith D
Bought by
Nguyen Phong and Vo Cuong Thi-Kim
Seller's Agent
Erica Stehouwer
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Thomas Tran
1st Advantage Realty
List Price
$340,000
Sold Price
$340,000
Views
10
Current Estimated Value
$374,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,899
Avg. Annual Appreciation
4.19%
Original Mortgage
$255,000
Outstanding Balance
$249,355
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$125,545

Purchase Details

Closed on
Apr 19, 2001
Sold by
Veldheer Richard J and Veldheer Susyn K
Bought by
Foote Keith D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 1998
Sold by
Cronover James
Bought by
Veldheer Richard J and Foote Keith D
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
Nguyen Phong $340,000 None Listed On Document
Foote Keith D $145,000 --
Veldheer Richard J $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Phong $255,000
Previous Owner Foote Keith D $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2023 11/01/23 Sold $340,000 0.0% --
09/18/2023 09/18/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $340,000 -- --
Source: MichRIC

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 $3,666 $143,500 $0 $0
2024 $3,666 $132,300 $0 $0
2023 -- $121,100 $0 $0
2022 $0 $109,300 $0 $0
2021 $0 $92,400 $0 $0
2020 $0 $89,700 $0 $0
2019 $0 $82,500 $0 $0
2018 $0 $81,400 $15,000 $66,400
2017 $0 $75,500 $0 $0
2016 $0 $65,300 $0 $0
2015 -- $65,300 $0 $0
2013 -- $67,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23134058

MichRIC

APN: 41-22-07-428-016

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