NOT LISTED FOR SALE

Estimated Value: $211,000 - $241,000

-- Bed
-- Bath
-- Sq Ft
4,878 Sq Ft Lot

Last Sold January 26, 2018

Last sale price $39,000

Est. 461% increase in value since last sale

Current estimated payment $1,359/month

6 Days on Market

About This Home

As of January 2018

Excellent opportunity for an investor or owner occupant. Exterior of home is vinyl siding and the roof is approximately 6 years old. This 2 unit boast a lower unit with 3 bedrooms and 1 full bath. The upper unit is 2 bedrooms and 1 full bath. The yard is fenced in. Highest and best offers due Tuesday 12/19 by 9am.

Last Agent to Sell the Property

Will Friend

Five Star Real Estate (Grandv) License #6502401893 Listed on: 12/14/2017

Five Star Real Estate (Grandv)

Last Buyer's Agent

Ryan Rademaker

RE/MAX of Grand Rapids (FH) License #6501393427

RE/MAX of Grand Rapids (FH)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $419

Year Built

  • Built in 1888

Lot Details

  • 4,878 Sq Ft Lot
  • Lot Dimensions are 46.8 x 104

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$419

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1888
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 46.8 x 104
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 419.45
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Radiant: Yes
  • Substructure:Michigan Basement: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 25000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Radiant
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Natural Gas Connected, Water Available, Sewer Available

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 46.8 x 104
  • Lot Size Sq Ft: 4878.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 419.45
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2017
Closed on
Jan 26, 2018
Sold by
Brown Chester
Bought by
Grand Rapids Rentals L L C
Seller's Agent
Will Friend
Five Star Real Estate (Grandv)
Buyer's Agent
Ryan Rademaker
RE/MAX of Grand Rapids (FH)
List Price
$25,000
Sold Price
$39,000
Premium/Discount to List
$14,000
56%
Current Estimated Value
$218,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,954
Avg. Annual Appreciation
25.04%

Purchase Details

Listed on
Dec 14, 2017
Closed on
Jan 19, 2018
Sold by
Damaske Donald A and Damaske Laurabeth L
Bought by
Hughes Jack
Seller's Agent
Will Friend
Five Star Real Estate (Grandv)
Buyer's Agent
Ryan Rademaker
RE/MAX of Grand Rapids (FH)
List Price
$25,000
Sold Price
$39,000
Premium/Discount to List
$14,000
56%

Purchase Details

Closed on
Jan 3, 1994

Purchase Details

Closed on
May 5, 1992
Sold by
Hughes Hughes J J and Hughes Dnr
Bought by
Hughes Jack

Purchase Details

Closed on
Mar 15, 1982
Bought by
Hughes Jack

Purchase Details

Closed on
May 5, 1981
Bought by
Hughes Jack
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
Grand Rapids Rentals L L C $39,000 Chicago Title Of Michigan
Hughes Jack -- None Available
-- -- --
Hughes Jack -- --
Hughes Jack $10,000 --
Hughes Jack $8,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2018 01/26/18 Sold $39,000 +56.0% --
12/20/2017 12/20/17 Pending -- -- --
12/14/2017 12/14/17 For Sale $25,000 -- --
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 $2,372 $92,100 $0 $0
2024 $2,372 $84,600 $0 $0
2023 $2,352 $75,400 $0 $0
2022 $2,236 $62,600 $0 $0
2021 $2,178 $56,500 $0 $0
2020 $2,106 $48,300 $0 $0
2019 $2,156 $40,400 $0 $0
2018 $430 $30,200 $0 $0
2017 $419 $25,400 $0 $0
2016 $422 $26,200 $0 $0
2015 $433 $26,200 $0 $0
2013 -- $24,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17059175

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-303-008