NOT LISTED FOR SALE

763 North Ave NE Grand Rapids, MI 49503

Belknap Lookout Neighborhood

Estimated Value: $292,000 - $367,000

4 Beds
2 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold April 19, 2019

Last sale price $152,000

Est. 123% increase in value since last sale

Current estimated payment $2,407/month

9 Days on Market

About This Home

As of April 2019

Great cash-flow possibilities on this duplex!
Many upgrades come with this opportunity for monthly income! Tenants's leases expire May 1 and they pay their own electric. Fair market rent sits at $850-950/month for each unit. Each unit features 2 bedrooms, 1 bath, and over 1,000 square feet - see it soon!

Last Agent to Sell the Property

Kase Knochenhauer

Keymark Realty Listed on: 03/18/2019

Last Buyer's Agent

Kase Knochenhauer

Keymark Realty Listed on: 03/18/2019

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,788

Year Built

  • Built in 1885

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,788

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: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 165000.0
  • Lot Features: Sidewalk, Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10454.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1788.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
Apr 22, 2019
Sold by
Venema Aaron
Bought by
Cournoyer Dan and Volk Paul
Seller's Agent
Kase Knochenhauer
Keymark Realty
Buyer's Agent
Kase Knochenhauer
Keymark Realty
List Price
$165,000
Sold Price
$152,000
Premium/Discount to List
-$13,000
-7.88%
Total Days on Market
9
Current Estimated Value
$338,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,832
Avg. Annual Appreciation
13.82%

Purchase Details

Listed on
Jul 8, 2016
Closed on
Jan 9, 2017
Sold by
The Leese Fund Llc
Bought by
Venema Aaron
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Kase Knochenhauer
Keymark Realty
List Price
$114,900
Sold Price
$114,000
Premium/Discount to List
-$900
-0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.51%
Original Mortgage
$111,935
Interest Rate
4.13%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 21, 2012
Closed on
Mar 7, 2014
Sold by
Leese Kyle and Leese Merri Chris
Bought by
The Leese Fund Llc
Seller's Agent
Kenneth Jansen
Investor`s Choice-I
Buyer's Agent
Ardith DeGraff
Ardith DeGraff
List Price
$73,500
Sold Price
$70,000
Premium/Discount to List
-$3,500
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.66%
Original Mortgage
$49,000
Interest Rate
4.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2000
Bought by
Oberlin P and The Leese Fund Llc

Purchase Details

Closed on
Dec 10, 1997
Bought by
Vandermate B and The Leese Fund Llc

Purchase Details

Closed on
Aug 9, 1997
Sold by
Semelbauer Semelbauer D D and Semelbauer Dhud
Bought by
Dhud and The Leese Fund Llc

Purchase Details

Closed on
Aug 5, 1994
Sold by
Kamerling Kamerling J J and Kamerling Semelbau
Bought by
The Leese Fund Llc

Purchase Details

Closed on
Nov 4, 1987
Bought by
The Leese Fund Llc
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
Cournoyer Dan $151,250 Chicago Title Of Mi Inc
Venema Aaron $114,000 None Available
The Leese Fund Llc -- None Available
Leese Kyle $70,000 None Available
Oberlin P $73,000 --
Vandermate B $48,000 --
Dhud -- --
The Leese Fund Llc $64,500 --
The Leese Fund Llc $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Volk Paul $175,000
Previous Owner Venema Aaron $111,935
Previous Owner Leese Kyle $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $152,000 -7.9% --
03/27/2019 03/27/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $165,000 +44.7% --
01/09/2017 01/09/17 Sold $114,000 -0.8% --
09/12/2016 09/12/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $114,900 +64.1% --
03/07/2014 03/07/14 Sold $70,000 -4.8% --
02/12/2014 02/12/14 Pending -- -- --
09/21/2012 09/21/12 For Sale $73,500 -- --
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
2024 $6,146 $123,200 $0 $0
2023 $5,461 $105,900 $0 $0
2022 $4,139 $93,600 $0 $0
2021 $4,032 $84,100 $0 $0
2020 $3,897 $76,200 $0 $0
2019 $2,858 $64,700 $0 $0
2018 $3,177 $52,300 $0 $0
2017 $1,834 $43,900 $0 $0
2016 $2,227 $41,500 $0 $0
2015 $2,122 $41,500 $0 $0
2013 -- $43,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kase Knochenhauer

    Keymark Realty

    (616) 405-8635

    143 Total Sales

    Kase Knochenhauer
    Section Image

  • A

    Seller's Agent in 2017

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    4 in this area

    138 Total Sales

    Allison Koetsier
    Section Image

  • T

    Seller Co-Listing Agent in 2017

    Thomas Koetsier

    Kay Courtney & Associates

  • K

    Seller's Agent in 2014

    Kenneth Jansen

    Investor`s Choice-I

  • A

    Buyer's Agent in 2014

    Ardith DeGraff

    Ardith DeGraff

    (616) 560-2028

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19009676

Southwestern Michigan Association of REALTORS®

APN: 41-14-19-329-004

Michigan Kent County Grand Rapids 49503 Belknap Lookout

763 North Ave NE, Grand Rapids, MI

This home is located at 763 North Ave NE, Grand Rapids, MI 49503 since 18 March 2019 and is currently estimated at $338,832. This property was built in 1885. 763 North Ave NE is a home located in Kent County with nearby schools including Coit Creative Arts Academy, Riverside Middle School, and Union 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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