NOT LISTED FOR SALE

Estimated Value: $321,000 - $515,000

-- Bed
-- Bath
-- Sq Ft
5,401 Sq Ft Lot

Last Sold January 03, 2019

Last sale price $278,000

Est. 50% increase in value since last sale

Current estimated payment $2,493/month

About This Home

As of January 2019

This home is located at 742 College Ave SE, Grand Rapids, MI 49503 since 07 January 2019 and is currently estimated at $417,817. This property was built in 1885. 742 College Ave SE is a home located in Kent County with nearby schools including Martin Luther King Leadership Academy, Alger Middle School, and Ottawa Hills High School.

Last Agent to Sell the Property

Rachel Kegley

Greenridge Realty (Cascade) Listed on: 01/07/2019

Last Buyer's Agent

Rachel Kegley

Greenridge Realty (Cascade) Listed on: 01/07/2019

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,431

Year Built

  • Built in 1885

Lot Details

  • 5,401 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Shingle Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,431

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Shingle Siding
  • List Price: 278000.0
  • Number of Buildings: 1
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Public Water, Public Sewer, Cable Connected

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5401.0
  • Zoning Description: Rental
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2430.69
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2024
Sold by
Menchaca Christopher
Bought by
Menchaca Christopher
Current Estimated Value
$417,817

Purchase Details

Listed on
Jan 7, 2019
Closed on
Jan 2, 2019
Sold by
Lanning Teresa Marie and Hoffman Prevost Theresa Marie
Bought by
Menchaca Christopher
Seller's Agent
Rachel Kegley
Greenridge Realty (Cascade)
Buyer's Agent
Rachel Kegley
Greenridge Realty (Cascade)
List Price
$278,000
Sold Price
$278,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$236,300
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2016
Sold by
Prevost Brian Joseph
Bought by
Lanning Teresa Marie

Purchase Details

Closed on
Dec 17, 1999
Sold by
Smith Smith D D and Smith Prevost B
Bought by
Prevost Prevost B and Prevost T

Purchase Details

Closed on
Jun 16, 1998
Sold by
Baker Baker M M and Baker D
Bought by
Prevost Brian J Lanning Teresa M

Purchase Details

Closed on
Nov 16, 1993
Sold by
Smith Smith D D and Smith Baker M
Bought by
Prevost Brian J Lanning Teresa M

Purchase Details

Closed on
Aug 2, 1991
Sold by
Smith Smith J J and Smith D
Bought by
Prevost Brian J Lanning Teresa M
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
Menchaca Christopher -- Michigan Land Title
Menchaca Christopher $278,000 Chicago Title Of Michigan In
Lanning Teresa Marie -- None Available
Prevost Prevost B $32,000 --
Prevost Brian J Lanning Teresa M -- --
Prevost Brian J Lanning Teresa M -- --
Prevost Brian J Lanning Teresa M $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Menchaca Christopher S $237,000
Previous Owner Menchaca Christopher $236,300
Previous Owner Prevost Brian J $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2019 01/07/19 For Sale $278,000 0.0% --
01/03/2019 01/03/19 Sold $278,000 -- --
01/03/2019 01/03/19 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 $2,607 $183,900 $0 $0
2024 $2,607 $143,800 $0 $0
2023 $3,357 $109,200 $0 $0
2022 $3,189 $90,600 $0 $0
2021 $3,112 $81,600 $0 $0
2020 $2,995 $71,200 $0 $0
2019 $1,509 $58,700 $0 $0
2018 $2,431 $46,600 $0 $0
2017 $2,034 $39,300 $0 $0
2016 $1,728 $35,200 $0 $0
2015 $1,646 $35,200 $0 $0
2013 -- $31,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19000841

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-256-013