NOT LISTED FOR SALE

Estimated Value: $263,000 - $306,000

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold February 06, 2015

Last sale price $117,500

Est. 140% increase in value since last sale

Current estimated payment $1,684/month

12 Days on Market

Highlights

  • Corner Lot: Yes
  • Laundry Facilities
  • 4-minute walk to Douglas Park
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of February 2015

Great Grand Rapids Real Estate This turn key 2 unit Close to GVSU, Downtown Is a great investment. The Roof has been replaced, The kitchen and bathrooms have recently been re-done with new fixtures and appliances, The electrical has been updated. The flooring has also been replaced with all solid surface wood laminate flooring. The windows are vinyl replacement. The conveniently located is fully occupied with 4 bedrooms up at $950 mo. Leased through Aug, 14. Main level is 3 bedroom at $900. Leased through May 14. City Certification to 2016 Residents pay there own gas and electric, utilities are separate.

Last Agent to Sell the Property

Eric Freeman

Solid Rock Real Estate LLC License #6502373737 Listed on: 12/12/2014

Last Buyer's Agent

Jason Lash

Epique Realty License #6502392178

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,234

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x90
  • Corner Lot: Yes

Parking

  • 34 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,234

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 50x90
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Broadband: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 129900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 34.0
  • General Property Info:Total Parking Spaces: 34.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2014
Closed on
Feb 6, 2015
Sold by
Bird Shannon and Bird Jodi
Bought by
Ferrick Brian
Seller's Agent
Eric Freeman
Solid Rock Real Estate LLC
Buyer's Agent
Jason Lash
Epique Realty
List Price
$129,900
Sold Price
$117,500
Premium/Discount to List
-$12,400
-9.55%
Current Estimated Value
$282,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,076
Avg. Annual Appreciation
8.58%
Original Mortgage
$82,250
Outstanding Balance
$63,206
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$219,370

Purchase Details

Closed on
May 14, 2012
Sold by
Hanson Irene Wanda and Slocinski Josef
Bought by
Bird Shannon

Purchase Details

Closed on
Jun 24, 1988
Sold by
Hanson Gary T
Bought by
Hanson Irene W and Bird Shannon
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
Ferrick Brian $117,500 Sun Title Agency Of Mi Llc
Bird Shannon $44,250 Midstate Title Agency Llc
Hanson Irene W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrick Brian $82,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2015 02/06/15 Sold $117,500 -9.5% --
12/24/2014 12/24/14 Pending -- -- --
12/12/2014 12/12/14 For Sale $129,900 -- --
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 $2,234 $118,800 $0 $0
2024 $2,234 $104,700 $0 $0
2023 $2,135 $94,100 $0 $0
2022 $2,106 $78,000 $0 $0
2021 $2,052 $69,400 $0 $0
2020 $1,983 $61,400 $0 $0
2019 $2,031 $48,600 $0 $0
2018 $1,969 $39,000 $0 $0
2017 $1,985 $38,600 $0 $0
2016 $2,065 $34,800 $0 $0
2015 $1,594 $34,800 $0 $0
2013 -- $30,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14065609

Southwestern Michigan Association of REALTORS®

APN: 41-13-26-227-015