NOT LISTED FOR SALE

822 Prospect Ave NE Grand Rapids, MI 49503

Belknap Lookout Neighborhood

Estimated Value: $253,000 - $332,000

5 Beds
2 Baths
-- Sq Ft
6,665 Sq Ft Lot

Last Sold May 20, 2020

Last sale price $100,000

Est. 186% increase in value since last sale

Current estimated payment $1,834/month

About This Home

As of May 2020

This home is located at 822 Prospect Ave NE, Grand Rapids, MI 49503 since 17 June 2020 and is currently estimated at $285,931. This property was built in 1902. 822 Prospect Ave NE is a home located in Kent County with nearby schools including East Leonard Elementary School, Riverside Middle School, and Union High School.

Last Agent to Sell the Property

Lauren Maher

Bellabay Realty (SW) License #6501411549 Listed on: 06/17/2020

Bellabay Realty (SW)

Last Buyer's Agent

Charles Kao

Keller Williams GR East License #6501425592

Keller Williams GR East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,830

Year Built

  • Built in 1902

Lot Details

  • 6,665

Parking

  • 1 Parking Space

Home Design

  • Composition Roof

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,830

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1902
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1829.54
  • 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
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Michigan Basement: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Cable Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Other
  • List Price: 130000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 1.0
  • General Property Info:Total Parking Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1829.54
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2020
Sold by
Becke Calvin
Bought by
Kelderman Ventures Llc
Current Estimated Value
$285,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$89,546
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$165,859

Purchase Details

Listed on
Jun 17, 2020
Closed on
May 26, 2020
Sold by
Gungor Michael
Bought by
Beeke Calvin
Seller's Agent
Lauren Maher
Bellabay Realty (SW)
Buyer's Agent
Charles Kao
Keller Williams GR East
List Price
$130,000
Sold Price
$100,000
Premium/Discount to List
-$30,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.20%

Purchase Details

Closed on
Dec 16, 2002
Sold by
Spungen Stanley and Spungen Tamra
Bought by
Gungor Michael
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 Buyer Sale Price Title Company
Kelderman Ventures Llc -- None Available
Beeke Calvin $100,000 Lighthouse Title Inc
Gungor Michael $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelderman Ventures Llc $100,000
Previous Owner Gungor Michael $16,000
Previous Owner Gungor Michael $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2020 06/17/20 For Sale $130,000 +30.0% --
05/20/2020 05/20/20 Sold $100,000 -- --
05/09/2020 05/09/20 Pending -- -- --
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 $3,886 $115,000 $0 $0
2024 $3,886 $99,600 $0 $0
2023 $3,855 $86,200 $0 $0
2022 $3,664 $76,100 $0 $0
2021 $3,570 $68,400 $0 $0
2020 $1,787 $62,000 $0 $0
2019 $1,830 $52,400 $0 $0
2018 $1,774 $42,100 $0 $0
2017 $1,730 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lauren Maher

    Seller's Agent in 2020

    Lauren Maher

    Bellabay Realty (SW)

    (616) 649-2900

    122 Total Sales

    Lauren Maher
    Section Image

  • C

    Buyer's Agent in 2020

    Charles Kao

    Keller Williams GR East

    (616) 871-9200

    2 in this area

    25 Total Sales

    Charles Kao
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20022529

Southwestern Michigan Association of REALTORS®

APN: 41-14-19-184-033

Michigan Kent County Grand Rapids 49503 Belknap Lookout

822 Prospect Ave NE, Grand Rapids, MI

This home is located at 822 Prospect Ave NE, Grand Rapids, MI 49503 since 17 June 2020 and is currently estimated at $285,931. This property was built in 1902. 822 Prospect Ave NE is a home located in Kent County with nearby schools including East Leonard Elementary School, 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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