NOT LISTED FOR SALE

Estimated Value: $232,000 - $258,000

-- Bed
-- Bath
-- Sq Ft
4,296 Sq Ft Lot

Last Sold November 19, 2021

Last sale price $165,000

Est. 49% increase in value since last sale

Current estimated payment $1,635/month

3 Days on Market

About This Home

As of November 2021

Up Down duplex on the West side of Grand Rapids. The upper is a 2 bedroom, 1 bath that is currently rented for $775 through March 2022. The lower is a 3 bedroom, 1 bath that the tenant is currently moving out and will be vacant. The lower was rented for $795.00. Showings permitted after 4:00 PM - 7:00 PM weekdays. Sellers are licensed real estate brokers in the state of Michigan.

Last Agent to Sell the Property

William Templin

Compass Realty Services License #6501326301 Listed on: 10/13/2021

Compass Realty Services

Last Buyer's Agent

Nathan Smith

Keller Williams GR East License #6501328427

Keller Williams GR East

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,808

Year Built

  • Built in 1900

Lot Details

  • 4,296

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 4,296 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,808

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 165000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4296.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1808.07
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Nov 19, 2021
Sold by
Mjp Uno Llc
Bought by
Aleo Chad Allen
Seller's Agent
William Templin
Compass Realty Services
Buyer's Agent
Nathan Smith
Keller Williams GR East
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$245,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,214
Avg. Annual Appreciation
10.75%
Original Mortgage
$123,750
Outstanding Balance
$113,630
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$131,584

Purchase Details

Listed on
Feb 3, 2015
Closed on
Jul 16, 2015
Sold by
Kern Robert J
Bought by
Mjp Uno Llc
Seller's Agent
John Schlundt-Bodien
Greenridge Realty (Summit)
Buyer's Agent
Allison Koetsier
Compass Realty Services
List Price
$42,900
Sold Price
$35,000
Premium/Discount to List
-$7,900
-18.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.66%

Purchase Details

Closed on
Jan 21, 2015
Sold by
Kern Robert J
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 26, 2007
Sold by
Thornbury Lee J
Bought by
Kern Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
9.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2005
Sold by
Thornbury Lee J and Lee J Thornburu Trust
Bought by
Thornbury Lee J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
1.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 1994

Purchase Details

Closed on
Oct 14, 1992
Sold by
Thornbry Thornbry L L and Thornbry Thrnbry L
Bought by
Kern Robert J Ii

Purchase Details

Closed on
Jun 14, 1990

Purchase Details

Closed on
Jun 13, 1990
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
Aleo Chad Allen $165,000 Sun Title
Mjp Uno Llc $35,000 Sun Title Agency Of Mi Llc
U S Bank National Association $113,574 None Available
Kern Robert J $90,000 None Available
Thornbury Lee J -- None Available
-- -- --
Kern Robert J Ii -- --
-- $48,500 --
-- $48,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aleo Chad Allen $123,750
Previous Owner Kern Robert J $90,000
Previous Owner Thornbury Lee J $66,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2021 11/19/21 Sold $165,000 0.0% --
10/16/2021 10/16/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $165,000 +371.4% --
07/16/2015 07/16/15 Sold $35,000 -18.4% -- View Prior Sale
02/03/2015 02/03/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $42,900 -- --
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 $3,955 $104,900 $0 $0
2024 $3,955 $94,500 $0 $0
2023 $3,923 $84,600 $0 $0
2022 $3,728 $71,900 $0 $0
2021 $1,809 $64,200 $0 $0
2020 $1,748 $56,800 $0 $0
2019 $1,790 $45,100 $0 $0
2018 $1,735 $37,700 $0 $0
2017 $1,693 $31,800 $0 $0
2016 $1,701 $29,000 $0 $0
2015 $1,114 $29,000 $0 $0
2013 -- $26,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21110620

Southwestern Michigan Association of REALTORS®

APN: 41-13-23-278-003