NOT LISTED FOR SALE

Estimated Value: $288,000 - $338,000

Studio
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Last Sold May 17, 2024

Last sale price $321,000

Est. 3% decrease in value since last sale

Current estimated payment $1,842/month

3 Days on Market

About This Home

As of May 2024

Welcome to your next investment opportunity. This all-brick two-unit property on a double lot is an exceptional chance for both investors and owner occupiers alike. Situated conveniently close to downtown and the medical mile, its location is primed for convenience and growth. The 2 bedroom, 1 bath upper unit boasts a recent makeover including an all new kitchen, paint and flooring and is currently unoccupied with a projected rent of 1400 per month. The 3 bedroom, 1 bath lower unit hosts a long term month to month tenant. Severely under market rent rate, projected rent to be 1600-1700. Separate gas and electric is an added bonus. There is a potential growth opportunity on the additional adjacent lot at 630 Emerald.

Last Agent to Sell the Property

Julie Rossio

Keller Williams GR East License #6501329153 Listed on: 04/29/2024

Keller Williams GR East

Last Buyer's Agent

Peter Bruinsma

Grand River Realty License #6502402583

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,593

Year Built

  • Built in 1930

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 54 x 129

Home Design

  • Brick Exterior Construction

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Individual Gas Meter

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,593

Year Built

Built in 1930

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1930
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 54 X 129
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Heat Type:Wall Furnace: Yes
  • Extras:Sep Gas Meter: Yes
  • Laundry Features In Basement: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 315000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Wall Furnace
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Dimensions: 54 X 129
  • Lot Size Sq Ft: 6970.0
  • Zoning Description: Residential

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2593.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jun 7, 2024
Sold by
West Michigan Reverse Exchange Company L
Bought by
Sierra Whiskey Ventures Llc
Seller's Agent
Julie Rossio
Keller Williams GR East
Buyer's Agent
Peter Bruinsma
Grand River Realty
List Price
$315,000
Sold Price
$321,000
Premium/Discount to List
$6,000
1.9%
Views
37
Current Estimated Value
$312,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,184
Avg. Annual Appreciation
-1.39%

Purchase Details

Listed on
Apr 29, 2024
Closed on
May 15, 2024
Sold by
Nugent Carol C and Nugent Donald J
Bought by
Nugent Properties Inc
Seller's Agent
Julie Rossio
Keller Williams GR East
Buyer's Agent
Peter Bruinsma
Grand River Realty
List Price
$315,000
Sold Price
$321,000
Premium/Discount to List
$6,000
1.9%
Views
37

Purchase Details

Closed on
Feb 8, 2001
Sold by
Nugent Donald J
Bought by
Nugent Properties Inc

Purchase Details

Closed on
May 13, 1992
Sold by
Nugent Nugent D D and Nugent Prp
Bought by
Nugent Properties Inc

Purchase Details

Closed on
May 8, 1992
Bought by
Nugent Properties Inc

Purchase Details

Closed on
Jan 31, 1992
Bought by
Nugent Properties Inc

Purchase Details

Closed on
Jan 30, 1992
Bought by
Nugent Properties Inc

Purchase Details

Closed on
Aug 24, 1988
Sold by
Vanprtfliet Vanprtfliet M M and Nugent Vanprtfliet
Bought by
Nugent Properties Inc

Purchase Details

Closed on
Aug 23, 1988
Bought by
Nugent Properties Inc

Purchase Details

Closed on
Jul 30, 1980
Bought by
Nugent Properties Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sierra Whiskey Ventures Llc $321,000 None Listed On Document
Nugent Properties Inc -- None Listed On Document
Nugent Properties Inc -- --
Nugent Properties Inc -- --
Nugent Properties Inc $53,000 --
Nugent Properties Inc -- --
Nugent Properties Inc -- --
Nugent Properties Inc $53,000 --
Nugent Properties Inc $23,000 --
Nugent Properties Inc $23,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2024 05/17/24 Sold $321,000 +1.9% --
05/02/2024 05/02/24 Pending -- -- --
04/29/2024 04/29/24 For Sale $315,000 -- --
Source: MichRIC

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 $2,581 $135,100 $0 $0
2024 $26 $116,800 $0 $0
2023 $2,467 $101,300 $0 $0
2022 $2,340 $89,500 $0 $0
2021 $2,371 $81,200 $0 $0
2020 $2,291 $74,600 $0 $0
2019 $2,346 $64,500 $0 $0
2018 $2,274 $53,500 $0 $0
2017 $2,219 $47,600 $0 $0
2016 $2,230 $43,100 $0 $0
2015 $2,124 $43,100 $0 $0
2013 -- $45,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24020524

MichRIC

APN: 41-14-20-305-001

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