NOT LISTED FOR SALE

801 Hovey St SW Grand Rapids, MI 49504

SWAN Neighborhood

Estimated Value: $371,000 - $480,413

-- Bed
-- Bath
-- Sq Ft
9,750 Sq Ft Lot

Last Sold August 29, 2022

Last sale price $540,000

Est. 23% decrease in value since last sale

Current estimated payment $2,779/month

7 Days on Market

Highlights

  • 0.22 Acre Lot
  • Forced Air Heating System
  • 2-minute walk to Westown Commons Park

About This Home

As of August 2022

Rare opportunity to own 6 units in 2 adjacent buildings; includes a 2-family and a 4-family with ample off-street parking for tenants with convenient alley and street access. Close distance to GVSU, John Ball Park, and bustling near-west side bars and restaurants. Consistently and carefully maintained and managed by a hands-on owner for 45 years; currently being sold by owner's estate. Private showings will be available Tuesday, June 7th 12-4 PM and Wednesday, June 8th 12-4 PM. Seller has directed Listing Agent/Broker to hold all offers until Thursday, June 9th at 5:00 PM.

Last Agent to Sell the Property

Ken Grashuis

Greenridge Realty (EGR) License #6501185090 Listed on: 07/28/2022

Last Buyer's Agent

Larry Branscombe

Keller Williams Realty Rivertown License #6502381307

Keller Williams Realty Rivertown

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,780

Year Built

  • Built in 1910

Lot Details

  • 9,750 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof

Utilities

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

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,780

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 599900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9750.0
  • Zoning Description: unknown
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 6

Tax Info

  • Tax Annual Amount: 3780.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Aug 30, 2022
Sold by
Restated James M Kurlenda Trust
Bought by
Padnos Property Group Llc
Seller's Agent
Ken Grashuis
Greenridge Realty (EGR)
Buyer's Agent
Larry Branscombe
Keller Williams Realty Rivertown
List Price
$599,900
Sold Price
$540,000
Premium/Discount to List
-$59,900
-9.98%
Current Estimated Value
$416,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$123,647
Avg. Annual Appreciation
-7.56%

Purchase Details

Closed on
Nov 18, 2011
Sold by
Kurlenda James M
Bought by
Kurlenda James M and James M Kurlenda Trust

Purchase Details

Closed on
Jun 28, 1995
Sold by
Kurlenda Kurlenda E E and Kurlenda Kurlenda
Bought by
Kurlenda James M Trust

Purchase Details

Closed on
Jan 20, 1993
Sold by
Klein Tst and Krlnda 014
Bought by
Kurlenda James M Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Padnos Property Group Llc $540,000 Chicago Title
Kurlenda James M -- None Available
Kurlenda James M Trust -- --
Kurlenda James M Trust $62,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2022 08/29/22 Sold $540,000 -10.0% --
06/10/2022 06/10/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $599,900 -- --
Source: MichRIC

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 $7,066 $181,500 $0 $0
2024 $7,066 $156,700 $0 $0
2023 $6,846 $134,900 $0 $0
2022 $2,399 $126,600 $0 $0
2021 $2,337 $95,000 $0 $0
2020 $2,259 $92,500 $0 $0
2019 $2,313 $74,400 $0 $0
2018 $2,242 $58,300 $0 $0
2017 $2,187 $56,500 $0 $0
2016 $2,198 $49,400 $0 $0
2015 $2,094 $49,400 $0 $0
2013 -- $41,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ken Grashuis

    Seller's Agent in 2022

    Ken Grashuis

    Greenridge Realty (EGR)

    (616) 974-6770

    2 in this area

    172 Total Sales

    Ken Grashuis
    Section Image

  • L

    Buyer's Agent in 2022

    Larry Branscombe

    Keller Williams Realty Rivertown

    (616) 299-6846

    2 in this area

    41 Total Sales

    Larry Branscombe
    Section Image
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Map

Source: MichRIC

MLS Number: 22021976

MichRIC

APN: 41-13-26-429-016

Michigan Kent County Grand Rapids 49504 SWAN

801 Hovey St SW, Grand Rapids, MI

Not Listed for Sale

MultiFamily

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