NOT LISTED FOR SALE

834 Sherman St SE Grand Rapids, MI 49506

Baxter Neighborhood

Estimated Value: $283,000 - $418,000

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

Last Sold March 17, 2023

Last sale price $359,900

Est. 1% decrease in value since last sale

Current estimated payment $2,564/month

6 Days on Market

Highlights

  • 1 Fireplace
  • High Speed Internet
  • 4-minute walk to Joe Taylor Park
  • Forced Air Heating System

About This Home

As of March 2023

Great investment opportunity!! 4 unit home with great ROI and many recent improvements. The lower 2 units are 2 bed 1 bath, 834 A has been remodeled with new flooring, paint, kitchen cabinets, applicances and a new tub surround - rehab is just completed and vacant. The other 3 units are in good shape with tenants. Furnaces and water heaters are all 2016 or newer. New rubber roof in 2016. Great money maker. Don't miss this one, it won't last long. Limited showings available to accomodate tenants.

Last Agent to Sell the Property

Lucas Howard

Keller Williams GR East License #6502359815 Listed on: 01/13/2023

Keller Williams GR East

Co-Listed By

Matt Kepley

Five Star Real Estate (Ada) License #6506047033

Last Buyer's Agent

Out of Area Agent

Out of Area Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,983

Year Built

  • Built in 1855

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x130

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Stucco

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,983

Year Built

Built in 1855

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1855
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Brick, Stucco
  • List Price: 359900.0
  • Number of Buildings: 1
  • Roof: Rubber
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Cable Connected, Water Available, Sewer Available, Storm Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Dimensions: 50x130
  • Lot Size Sq Ft: 6970.0
  • Zoning Description: TN-LDR
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2983.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Mar 17, 2023
Sold by
Russell Garr J
Bought by
834 Sherman Llc
Seller's Agent
Lucas Howard
Keller Williams GR East
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$359,900
Sold Price
$359,900
Views
41
Current Estimated Value
$357,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,942
Avg. Annual Appreciation
-0.24%
Original Mortgage
$326,175
Outstanding Balance
$317,376
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving
Estimated Equity
$40,582

Purchase Details

Closed on
Nov 2, 2016
Sold by
Glory Holdings Llc
Bought by
Russell Garr J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,300
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2016
Closed on
Mar 16, 2016
Sold by
Flagstar Bank Fsb
Bought by
Glory Holdings Llc
Seller's Agent
Christopher Conflitti
American Real Estate Services
Buyer's Agent
Andy Straub
Five Star Real Estate (Grandv)
List Price
$40,000
Sold Price
$50,000
Premium/Discount to List
$10,000
25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.71%

Purchase Details

Closed on
Nov 2, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Jun 15, 2010
Sold by
Flagstar Bank
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Feb 18, 2009
Sold by
Rodriguez Juan Dela Cruz
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jan 4, 2006
Sold by
Marmol Rafael
Bought by
Rodriguez Juan Dela Cruz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
9.57%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 30, 1980

Purchase Details

Closed on
Mar 11, 1980
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Oct 18, 1978
Sold by
Vltng Vltng R R and Vltng T
Bought by
Flagstar Bank Fsb
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
834 Sherman Llc $359,900 None Listed On Document
Russell Garr J -- None Available
Glory Holdings Llc $50,000 Attorneys Title Agency Llc
Flagstar Bank Fsb -- None Available
Secretary Of Housing & Urban Development -- None Available
Flagstar Bank -- None Available
Mortgage Electronic Registration Systems $150,826 None Available
Rodriguez Juan Dela Cruz $116,000 Metropolitan Title Company
Marmol Rafael $85,000 Metropolitan Title Company
-- $1,500 --
Flagstar Bank Fsb $28,500 --
Flagstar Bank Fsb $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 834 Sherman Llc $326,175
Previous Owner Russell Garr $172,200
Previous Owner Russell Garr J $69,300
Previous Owner Rodriguez Juan Delacruz $144,864
Previous Owner Rodriguez Juan Delacruz $14,900
Previous Owner Rodriguez Juan Dela Cruz $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $359,900 0.0% --
01/19/2023 01/19/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $359,900 +619.8% --
03/22/2016 03/22/16 Sold $50,000 +25.0% --
03/21/2016 03/21/16 For Sale $40,000 -- --
03/11/2016 03/11/16 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 $6,840 $144,100 $0 $0
2024 $6,840 $137,100 $0 $0
2023 $3,263 $118,100 $0 $0
2022 $3,101 $108,600 $0 $0
2021 $3,022 $93,400 $0 $0
2020 $2,921 $80,400 $0 $0
2019 $2,990 $67,600 $0 $0
2018 $2,899 $62,300 $0 $0
2017 $2,828 $41,100 $0 $0
2016 $1,953 $36,400 $0 $0
2015 $1,861 $36,400 $0 $0
2013 -- $42,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lucas Howard

    Seller's Agent in 2023

    Lucas Howard

    Keller Williams GR East

    (616) 893-6478

    7 in this area

    1,281 Total Sales

    Lucas Howard
    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Matt Kepley

    Five Star Real Estate (Ada)

    (616) 308-7006

    1 in this area

    74 Total Sales

    Matt Kepley
    Section Image

  • O

    Buyer's Agent in 2023

    Out of Area Agent

    Out of Area Office

  • Christopher Conflitti

    Seller's Agent in 2016

    Christopher Conflitti

    American Real Estate Services

    (616) 918-6430

    46 Total Sales

    Christopher Conflitti
    Section Image
  • Andy Straub

    Buyer's Agent in 2016

    Andy Straub

    Five Star Real Estate (Grandv)

    (616) 322-7659

    3 in this area

    280 Total Sales

    Andy Straub
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23001218

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-151-008

Michigan Kent County Grand Rapids 49506 Baxter

834 Sherman St SE, Grand Rapids, MI

This home is located at 834 Sherman St SE, Grand Rapids, MI 49506 since 13 January 2023 and is currently estimated at $357,958. This property was built in 1855. 834 Sherman St SE is a home located in Kent County with nearby schools including Martin Luther King Leadership Academy, Alger Middle School, and Ottawa Hills 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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