NOT LISTED FOR SALE

766 5th St NW Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $232,000 - $279,000

-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold September 18, 2015

Last sale price $81,000

Est. 212% increase in value since last sale

Current estimated payment $1,608/month

4 Days on Market

About This Home

As of September 2015

NW Side duplex. Large 3 bedroom units. Many updates done to the property in 2013. Gross rents are $1,400. Fully occupied. Split utilities. Turn-key investment.

Last Agent to Sell the Property

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 07/24/2015

Compass Realty Services

Co-Listed By

Thomas Koetsier

Kay Courtney & Associates

Last Buyer's Agent

Greg Williamson

Greenridge Realty (Cascade) License #6502380598

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,592

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50x80

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,592

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 84900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3920.0
  • Zoning Description: RES IMP
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1592.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2015
Closed on
Sep 18, 2015
Sold by
Pmsand 766 Fifth Llc
Bought by
Westhoff Jerry
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Greg Williamson
Greenridge Realty (Cascade)
List Price
$84,900
Sold Price
$81,000
Premium/Discount to List
-$3,900
-4.59%
Current Estimated Value
$253,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,025
Avg. Annual Appreciation
12.38%
Original Mortgage
$109,456
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 2013
Sold by
Larm Property Group Llc
Bought by
Pmsand 766 Fifth Llc

Purchase Details

Listed on
Sep 12, 2012
Closed on
Oct 1, 2012
Sold by
Fifth Third Mortgage Company
Bought by
Larm Property Group Llc
Seller's Agent
Ken Cleypool
Value Point Real Estate
Buyer's Agent
Allison Koetsier
Compass Realty Services
List Price
$19,900
Sold Price
$19,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.13%

Purchase Details

Closed on
Nov 9, 2011
Sold by
Rojas Hernandez Adelso
Bought by
Fifth Third Mortgage Company

Purchase Details

Closed on
Dec 20, 2006
Sold by
Hernandez Rodrigo M and Hernandez Maria
Bought by
Rojas Hernandez Adelso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,930
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 2006
Sold by
Hernandez Rodrigo M and Hernandez Maria
Bought by
Deutsche Bank National Trust Co and Argent Mortgage Securities Inc Asset Bac

Purchase Details

Closed on
May 1, 1998
Sold by
Twsly Twsly C C and Twsly C
Bought by
Hrnndz R and Pmsand 766 Fifth Llc

Purchase Details

Closed on
Dec 10, 1996
Bought by
Ampulski Lucille M and Pmsand 766 Fifth Llc

Purchase Details

Closed on
Mar 3, 1995
Bought by
Towsley C and Pmsand 766 Fifth Llc

Purchase Details

Closed on
Mar 2, 1995
Sold by
Ampulski Ampulski S S and Templeton Ampulski
Bought by
Templeton and Pmsand 766 Fifth Llc

Purchase Details

Closed on
Jan 17, 1995
Sold by
Ampulski Ampulski S S and Ampulski Ampulski
Bought by
Ampulski and Pmsand 766 Fifth Llc

Purchase Details

Closed on
May 25, 1983
Source: Public Records

Range of Values:

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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
Westhoff Jerry $81,000 None Available
Pmsand 766 Fifth Llc -- None Available
Larm Property Group Llc $19,900 None Available
Fifth Third Mortgage Company $28,500 None Available
Rojas Hernandez Adelso $74,900 None Available
Deutsche Bank National Trust Co $104,437 None Available
Hrnndz R $60,300 --
Ampulski Lucille M -- --
Towsley C $50,000 --
Templeton $36,000 --
Ampulski -- --
-- $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westhoff Jerry $108,000
Closed Westhoff Jerry $109,456
Previous Owner Rojas Hernandez Adelso $70,930
Previous Owner Hernandez Rodrigo M $100,000
Previous Owner Hernandez Rodrigo N $84,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2015 09/18/15 Sold $81,000 -4.6% --
07/28/2015 07/28/15 Pending -- -- --
07/24/2015 07/24/15 For Sale $84,900 +326.6% --
10/05/2012 10/05/12 Sold $19,900 0.0% --
09/24/2012 09/24/12 Pending -- -- --
09/12/2012 09/12/12 For Sale $19,900 -- --
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 $2,370 $136,900 $0 $0
2024 $2,370 $121,900 $0 $0
2023 $2,350 $109,600 $0 $0
2022 $2,234 $91,000 $0 $0
2021 $2,177 $81,200 $0 $0
2020 $1,730 $72,000 $0 $0
2019 $1,787 $57,300 $0 $0
2018 $1,730 $48,900 $0 $0
2017 $1,686 $34,400 $0 $0
2016 $1,840 $33,000 $0 $0
2015 $1,525 $33,000 $0 $0
2013 -- $28,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    15 in this area

    137 Total Sales

    Allison Koetsier
    Section Image

  • T

    Seller Co-Listing Agent in 2015

    Thomas Koetsier

    Kay Courtney & Associates

  • G

    Buyer's Agent in 2015

    Greg Williamson

    Greenridge Realty (Cascade)

    (616) 485-4393

    Section Image

  • K

    Seller's Agent in 2012

    Ken Cleypool

    Value Point Real Estate

    70 Total Sales

    Ken Cleypool
    Section Image

  • T

    Seller Co-Listing Agent in 2012

    Tom Dann

    Value Point Real Estate

    (616) 363-6678

    55 Total Sales

    Tom Dann
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15030287

Southwestern Michigan Association of REALTORS®

APN: 41-13-24-309-001

Michigan Kent County Grand Rapids 49504 West Grand

766 5th St NW, Grand Rapids, MI

This home is located at 766 5th St NW, Grand Rapids, MI 49504 since 24 July 2015 and is currently estimated at $253,025. This property was built in 1925. 766 5th St NW is a home located in Kent County with nearby schools including Stocking Elementary, Westwood 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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