$19,900
SOLD OCT 5, 2012

766 5th St NW Grand Rapids, MI 49504

West Grand Neighborhood
-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Recently Sold

12 Days on Market

About This Home

As of September 2015

NW Side multi unit property. Excellent investment opportunity. See this home today! Property is sold as is and buyer is responsible for all inspections including well and septic where applicable. All information represented herein is approximated and independent verification by buyer is required - information is not guaranteed. All offers require proof of funds, or pre-qual letter. INCLUDE YOUR E-MAIL, E-MAIL OFFERS ONLY. Potential buyers should independently verify all information on listing card for accuracy, Agent for owner. Legibly include the buyer's legal name on the purchase agreement-this must exactly match buyer's signature, addendums and loan docs.

Last Agent to Sell the Property

Ken Cleypool

Value Point Real Estate Listed on: 09/12/2012

Co-Listed By

Tom Dann

Value Point Real Estate License #6502327633

Last Buyer's Agent

Allison Koetsier

Compass Realty Services License #6502378425

Compass Realty Services

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,370

Year Built

  • Built in 1925

Parking

  • 2 Parking Spaces

Additional Features

  • 3,920 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,370

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 19900.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes

Lot Info

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

Rental Info

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

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
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 Type Sale Price Title Company
Warranty Deed $81,000 None Available
Quit Claim Deed -- None Available
Deed $19,900 None Available
Sheriffs Deed $28,500 None Available
Warranty Deed $74,900 None Available
Sheriffs Deed $104,437 None Available
Warranty Deed $60,300 --
Quit Claim Deed -- --
Warranty Deed $50,000 --
Warranty Deed $36,000 --
Quit Claim Deed -- --
Deed $36,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,000 New Conventional
Closed $109,456 FHA
Previous Owner $70,930 Commercial
Previous Owner $100,000 Commercial
Previous Owner $84,150 Commercial
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: 12049990

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 and is currently priced at $19,900. 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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