NOT LISTED FOR SALE

Estimated Value: $188,366 - $268,000

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold June 15, 2020

Last sale price $157,000

Est. 54% increase in value since last sale

Current estimated payment $1,438/month

2 Days on Market

About This Home

As of June 2020

PRICED TO SELL! This great investment property is waiting for you. Seller has all new mechanicals done already-2 new furnaces, 2 new hwh, 2 new panels for separate utilities and upgraded electric. New and/or refinished flooring throughout and freshly painted interior. Live in one unit and
& rent out the other. Possibility of a 3rd unit (1 bedroom studio) on the lower level (with city approval) OR single family with 4 bedrooms, 3 full baths and lots of space. Seller had another opportunity present itself so he's ready to move on.

NOTE-the adjoining lot on Franklin is also included in this sale and is the off street parking for this building. The address of the lot is 239 Franklin S

Last Agent to Sell the Property

Keli Bandoske

Yonkers Realty LLC Listed on: 05/07/2020

Last Buyer's Agent

Tyler Moran

Five Star Real Estate (Main)

Five Star Real Estate (Main)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $990

Year Built

  • Built in 1884

Lot Details

  • 4,356

Parking

  • 4 Parking Spaces

Home Design

  • Aluminum Siding

Additional Features

  • Michigan Basement
  • 4,356 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$990

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1884
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 149900.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: RMSE2_RES MULTI
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 990.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Jun 15, 2020
Sold by
Franklin Union Building Llc
Bought by
Maxwell Rhonda
Seller's Agent
Keli Bandoske
Yonkers Realty LLC
Buyer's Agent
Tyler Moran
Five Star Real Estate (Main)
List Price
$169,900
Sold Price
$157,000
Premium/Discount to List
-$12,900
-7.59%
Current Estimated Value
$242,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,342
Avg. Annual Appreciation
8.49%
Original Mortgage
$154,156
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 14, 2018
Closed on
Jan 10, 2019
Sold by
M1w Development Llc
Bought by
Ballardo Juan and Hernandez H
Seller's Agent
David Crawford
Bellabay Realty LLC
Buyer's Agent
Keli Bandoske
Yonkers Realty LLC
List Price
$30,000
Sold Price
$65,000
Premium/Discount to List
$35,000
116.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.28%

Purchase Details

Closed on
Oct 19, 2018
Sold by
Burress William J
Bought by
Burress William J and Girty-Burress Bertina J

Purchase Details

Closed on
Apr 26, 2012
Sold by
Gap Real Estate Llc
Bought by
Miw Development Llc

Purchase Details

Closed on
Mar 29, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Gap Real Estate Llc

Purchase Details

Closed on
Mar 20, 2009
Sold by
Mortgage Electronic Registration Systems
Bought by
Lsf6 Mercury Reo Investments Trust Serie

Purchase Details

Closed on
Mar 4, 2009
Sold by
Burress William J
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Feb 19, 2003
Sold by
Burress William H and Burress Mattie B Lathon
Bought by
Burress William J
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
Maxwell Rhonda $157,000 Bell Ttl Agcy Of Grand Rapid
Franklin Building Llc $97,500 Bell Ttl Agcy Of Grand Rapid
Ballardo Juan $65,000 First American Title Ins Co
Burress William J -- None Available
Miw Development Llc $10,400 None Available
Gap Real Estate Llc -- None Available
Lsf6 Mercury Reo Investments Trust Serie -- None Available
Mortgage Electronic Registration Systems $14,186 None Available
Burress William J $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maxwell Rhonda $154,156
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2020 06/15/20 Sold $157,000 -7.6% --
05/09/2020 05/09/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $169,900 +161.4% --
01/10/2019 01/10/19 Sold $65,000 +116.7% $38 / Sq Ft View Prior Sale
12/17/2018 12/17/18 Pending -- -- --
12/14/2018 12/14/18 For Sale $30,000 -- $18 / Sq Ft
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 $1,831 $81,100 $0 $0
2024 $1,831 $73,900 $0 $0
2023 $1,754 $67,200 $0 $0
2022 $1,763 $56,000 $0 $0
2021 $1,724 $50,700 $0 $0
2020 $1,385 $42,000 $0 $0
2019 $887 $35,600 $0 $0
2018 $887 $26,800 $0 $0
2017 $865 $22,500 $0 $0
2016 $869 $16,200 $0 $0
2015 $828 $16,200 $0 $0
2013 -- $16,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20010790

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-181-013