NOT LISTED FOR SALE

781 College Ave NE Grand Rapids, MI 49503

Belknap Lookout Neighborhood
-- Bed
2 Baths
2,954 Sq Ft
2,580 Sq Ft Lot

Last Sold May 31, 2017

Last sale price $127,000 $43 Per Sq Ft

22 Days on Market

About This Home

As of May 2017

Many potential uses for this building. Great downtown location on a high traffic street, just off the Medical Mile. Currently vacant, but has been used as a combo residential/office. First floor would be ideal office/retail on the front with a 3 bedroom apartment on the back 2/3. 2nd floor is a large 3 bedroom apartment. Inside needs cosmetic updating, but this is a hot location in the exploding Grand Rapids market. 2 furnaces. 2 hot water heaters. 3 electric panels. 3 off street parking spots. Central air conditioning.

Last Agent to Sell the Property

Robert Steffens

Five Star Real Estate (Main) License #6501262370 Listed on: 04/11/2017

Last Buyer's Agent

Robert Steffens

Coldwell Banker AJS (28th St)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,034

Year Built

  • Built in 1920

Lot Details

  • 2,580

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding
  • Aluminum Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Partial Basement
  • 2,580 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,034

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding, Wood Siding
  • List Price: 155000.0
  • 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: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2580.0
  • Zoning Description: TN-TBA
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2034.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2022
Sold by
City Dwelling Llc
Bought by
Communitea Wellness Llc
Total Days on Market
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$167,953
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2021
Sold by
City Dwelling Llc
Bought by
Communitea Wellness Llc

Purchase Details

Listed on
Apr 11, 2017
Closed on
May 31, 2017
Sold by
Petrovich Skip
Bought by
City Dwelling Llc
Seller's Agent
Robert Steffens
Five Star Real Estate (Main)
Buyer's Agent
Robert Steffens
Five Star Real Estate (Main)
List Price
$155,000
Sold Price
$127,000
Premium/Discount to List
-$28,000
-18.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
4.03%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 11, 2017
Closed on
May 5, 2017
Sold by
Petrovich Jennifer
Bought by
Petrovich Skip
Seller's Agent
Robert Steffens
Five Star Real Estate (Main)
Buyer's Agent
Robert Steffens
Five Star Real Estate (Main)
List Price
$155,000
Sold Price
$127,000
Premium/Discount to List
-$28,000
-18.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
4.03%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 27, 2004
Sold by
Pratt Gloria
Bought by
The Lawrence Pratt Family Trust

Purchase Details

Closed on
Jan 31, 2003
Sold by
The Estate Of Lawrence Pratt
Bought by
Petrovich Skip

Purchase Details

Closed on
Sep 11, 2000
Sold by
Pratt Llc and Pratt L
Bought by
Petrovich Pratt L and Petrovich Skip

Purchase Details

Closed on
Mar 9, 2000
Bought by
Pratt Llc and Petrovich Skip

Purchase Details

Closed on
Jun 29, 1990
Sold by
Vanderschie Vanderschie T T and Vanderschie Prat L
Bought by
Petrovich Skip

Purchase Details

Closed on
Apr 20, 1982
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
Communitea Wellness Llc $166,619 None Available
City Dwelling Llc $127,000 None Available
Petrovich Skip $120,625 None Available
Petrovich Skip -- None Available
The Lawrence Pratt Family Trust -- --
Petrovich Skip -- --
Petrovich Pratt L -- --
Pratt Llc -- --
Petrovich Skip $50,000 --
-- $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open City Dwelling Llc $101,600
Closed Communitea Wellness Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $127,000 -18.1% $43 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
04/11/2017 04/11/17 For Sale $155,000 -- $52 / 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
2024 $4,676 $123,300 $0 $0
2023 $4,858 $93,400 $0 $0
2022 $4,750 $91,600 $0 $0
2021 $2,562 $69,100 $0 $0
2020 $2,476 $56,600 $0 $0
2019 $2,535 $49,000 $0 $0
2018 $2,458 $46,400 $0 $0
2017 $2,006 $44,500 $0 $0
2016 $2,016 $38,500 $0 $0
2015 $1,921 $38,500 $0 $0
2013 -- $36,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Robert Steffens

    Five Star Real Estate (Main)

    (616) 293-0708

    12 Total Sales

    Robert Steffens
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17015188

Southwestern Michigan Association of REALTORS®

APN: 41-14-19-402-013

Michigan Kent County Grand Rapids 49503 Belknap Lookout

781 College Ave NE, Grand Rapids, MI

This home is located at 781 College Ave NE, Grand Rapids, MI 49503 since 11 April 2017. This property was built in 1920. 781 College 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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