NOT LISTED FOR SALE

Estimated Value: $272,000 - $334,000

-- Bed
-- Bath
-- Sq Ft
3,450 Sq Ft Lot

Last Sold April 20, 2012

Last sale price $25,500

Est. 1,063% increase in value since last sale

Current estimated payment $2,150/month

42 Days on Market

About This Home

As of April 2012

This home is located at 742 Neland Ave SE, Grand Rapids, MI 49506 since 21 January 2012 and is currently estimated at $296,617. This property was built in 1915. 742 Neland 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

Matt Riggs

Five Star Real Estate (Main) License #6501290359 Listed on: 01/21/2012

Five Star Real Estate (Main)

Last Buyer's Agent

Grant Sechen

HomeRealty, LLC License #6501333449

HomeRealty, LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1915

Lot Details

  • 3,450

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 3,450 Sq Ft Lot

Community Details

  • 1,000 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 34900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3450.0

Rental Info

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

Multi Family

  • Number of Units Total: 1000

Tax Info

  • Tax Annual Amount: 2300.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2014
Sold by
Clark Realty Inc
Bought by
740 742 Neland Llc
Current Estimated Value
$296,617

Purchase Details

Listed on
Jan 21, 2012
Closed on
Apr 27, 2012
Sold by
742 Neland Llc
Bought by
Clark Realty Inc
Seller's Agent
Matt Riggs
Five Star Real Estate (Main)
Buyer's Agent
Grant Sechen
HomeRealty, LLC
List Price
$34,900
Sold Price
$25,500
Premium/Discount to List
-$9,400
-26.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.15%

Purchase Details

Closed on
Mar 11, 2009
Sold by
Beckett Investments Llc
Bought by
742 Neland Llc

Purchase Details

Closed on
Jan 20, 2009
Sold by
Beckett Investments Llc
Bought by
742 Neland Llc

Purchase Details

Closed on
May 2, 2007
Sold by
Sinay Alberto
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 1, 2005
Sold by
Sinay Alberto
Bought by
Demalagon Daisy M Paulino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 13, 2005
Sold by
Pearl William and Look Reginald
Bought by
Sinay Alberto

Purchase Details

Closed on
Jul 7, 2004
Sold by
Pena Juan B
Bought by
Sinay Alberto

Purchase Details

Closed on
Jun 11, 2003
Sold by
Martinez Angelica Rubio
Bought by
Sinay Alberto

Purchase Details

Closed on
May 1, 2003
Sold by
Sinay Alberto
Bought by
Look Reginald K and Pearl Bill

Purchase Details

Closed on
Feb 1, 2003
Sold by
Sinay Alberto
Bought by
Pena Juan B

Purchase Details

Closed on
Jan 1, 2001
Sold by
Sinay Sinay A A and Sinay Martinex A
Bought by
Martinex A and Clark Realty Inc

Purchase Details

Closed on
Nov 11, 1999

Purchase Details

Closed on
Sep 29, 1999
Sold by
Flakes Flakes S S and Flakes Jackson D
Bought by
Clark Realty Inc

Purchase Details

Closed on
May 1, 1999
Sold by
Jackson Jackson D D and Jackson L
Bought by
Flakes S and Clark Realty Inc

Purchase Details

Closed on
Nov 6, 1998
Sold by
Vnfrw Vnfrw B B and Vnfrw Jackson D
Bought by
Jackson D and Clark Realty Inc
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
740 742 Neland Llc -- None Available
Clark Realty Inc $25,500 Sun Title Agency Of Mi Llc
742 Neland Llc -- None Available
742 Neland Llc -- None Available
Wells Fargo Bank Na $75,712 None Available
Demalagon Daisy M Paulino $90,000 --
Sinay Alberto -- --
Sinay Alberto -- --
Sinay Alberto -- --
Look Reginald K $59,000 --
Pena Juan B $60,000 --
Martinex A $79,500 --
-- -- --
Clark Realty Inc -- --
Flakes S -- --
Jackson D -- --
Vanfarowe Brian $21,900 --
Clark Realty Inc -- --
Clark Realty Inc -- --
Clark Realty Inc -- --
-- $19,400 --
-- $21,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demalagon Daisy M Paulino $90,000
Previous Owner Look Reginald K $58,000
Previous Owner Pena Juan B $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2012 04/20/12 Sold $25,500 -26.9% --
03/03/2012 03/03/12 Pending -- -- --
01/21/2012 01/21/12 For Sale $34,900 -- --
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
2025 $6,999 $141,600 $0 $0
2024 $6,999 $128,600 $0 $0
2023 $1,620 $114,300 $0 $0
2022 $1,598 $94,400 $0 $0
2021 $1,557 $84,800 $0 $0
2020 $1,505 $71,700 $0 $0
2019 $1,541 $59,100 $0 $0
2018 $1,494 $49,300 $0 $0
2017 $1,457 $41,200 $0 $0
2016 $1,464 $34,800 $0 $0
2015 $1,303 $34,800 $0 $0
2013 -- $24,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12004362

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-183-002