NOT LISTED FOR SALE

823 Benson Ave NE Grand Rapids, MI 49503

Estimated Value: $279,000 - $568,000

4 Beds
4 Baths
-- Sq Ft
0.34 Acres

Last Sold January 02, 2012

Last sale price $77,300

Est. 439% increase in value since last sale

Current estimated payment $2,838/month

8 Days on Market

About This Home

As of January 2012

4 Unit property with shared driveway with neighboring 4 unit. Located on a cul-de-sac street. Separate electric and gas meters, common area with storage. upper units have a balcony. 2 bedrooms, 1 bath per unit.

Last Agent to Sell the Property

Tiffany Ireland

Grand Rapids Realty Listed on: 12/14/2011

Last Buyer's Agent

Chris Petter

Revive Realty License #6504395407

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 109x134

Home Design

  • Composition Roof

Interior Spaces

  • 1 Fireplace

Parking

  • 10 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Shared Gas Meter
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tenant pays for electric, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1981
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Other
  • Basement: No

Exterior Features

  • Construction Materials: Other
  • List Price: 64900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 10.0
  • General Property Info:Total Parking Spaces: 10.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Cable Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Dimensions: 109x134
  • Lot Size Sq Ft: 14606.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3716.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2014
Sold by
Dejong Matt
Bought by
823 Benson Llc
Total Days on Market
8
Current Estimated Value
$416,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$104,868
Interest Rate
4.15%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$303,947

Purchase Details

Listed on
Dec 14, 2011
Closed on
Jan 3, 2012
Sold by
Fannie Mae
Bought by
Fifth Third Mortgage Company
Seller's Agent
Tiffany Ireland
Grand Rapids Realty
Buyer's Agent
Chris Petter
Revive Realty
List Price
$64,900
Sold Price
$77,300
Premium/Discount to List
$12,400
19.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.20%

Purchase Details

Listed on
Dec 14, 2011
Closed on
Dec 28, 2011
Sold by
Fifth Third Mortgage Company
Bought by
Dejong Matt
Seller's Agent
Tiffany Ireland
Grand Rapids Realty
Buyer's Agent
Chris Petter
Revive Realty
List Price
$64,900
Sold Price
$77,300
Premium/Discount to List
$12,400
19.11%

Purchase Details

Closed on
Jul 29, 2010
Sold by
Reh James and Reh James A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 26, 2010
Sold by
Reh Barbara G
Bought by
Reh James A

Purchase Details

Closed on
Jul 2, 2010
Sold by
Reh Barbara G
Bought by
Reh James A

Purchase Details

Closed on
Aug 4, 2006
Sold by
Jar G & B Llc
Bought by
Reh James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2005
Sold by
835 Grand Ne Llc
Bought by
Jar G & B Llc

Purchase Details

Closed on
Jul 15, 2003
Sold by
The Gloria M Wickering Trust
Bought by
823 Benson Ne Llc

Purchase Details

Closed on
Nov 13, 1998
Sold by
Wckrg Wckrg J J and Wckrg G
Bought by
Dejong Matt

Purchase Details

Closed on
Sep 10, 1982
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
823 Benson Llc -- None Available
Fifth Third Mortgage Company -- None Available
Dejong Matt -- Prims Title & Closing Servic
Federal National Mortgage Association -- None Available
Reh James A -- None Available
Reh James A -- None Available
Reh James A -- None Available
Jar G & B Llc $700,000 None Available
Jar G & B Llc -- --
823 Benson Ne Llc -- --
Dejong Matt -- --
-- $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 823 Benson Llc $135,000
Previous Owner Jar G & B Llc $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2012 01/02/12 Sold $77,300 +19.1% --
12/22/2011 12/22/11 Pending -- -- --
12/14/2011 12/14/11 For Sale $64,900 -- --
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
2024 $5,975 $156,800 $0 $0
2023 $5,927 $156,800 $0 $0
2022 $5,633 $136,300 $0 $0
2021 $5,489 $144,300 $0 $0
2020 $5,305 $144,300 $0 $0
2019 $5,432 $110,700 $0 $0
2018 $5,266 $104,000 $0 $0
2017 $5,662 $100,000 $0 $0
2016 $5,162 $96,200 $0 $0
2015 $4,918 $96,200 $0 $0
2013 -- $72,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11064636

Southwestern Michigan Association of REALTORS®

APN: 41-14-19-278-015