NOT LISTED FOR SALE

Estimated Value: $304,000 - $363,000

4 Beds
2 Baths
2,188 Sq Ft
$153/Sq Ft Est. Value

Last Sold March 13, 2019

Last sale price $184,000 $84 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,275/month

44 Days on Market

Highlights

  • Recreation Room
  • Mud Room
  • Eat-In Kitchen
  • Traditional Architecture
  • Porch
  • 5-minute walk to Martin Luther King Jr. Park

About This Home

As of March 2019

Come check out this gem! 4 Beds 2 full baths with a potential 5th nonconforming bedroom in the basement. Plenty of living space and a nice little fenced in back yard with a gravel driveway off the alley that has room for 4 cars. This very well maintained rental is close to everything Grand Rapids has to offer. Rented for $1900 a month with tenants paying for electric and heat. Rented until August 2019 and tenants who want to resign for another year. Cash flow $500 a month with 20% down! 7% cap rate with property management which is available and well over a 7 if you plan to self manage! Don't wait to set up your appointment!

Last Agent to Sell the Property

Mitchell Luban

United Realty Services LLC Listed on: 01/03/2019

Last Buyer's Agent

Paul Leason

Berkshire Hathaway HomeServices Michigan Real Estate (South) License #6501388457

Berkshire Hathaway HomeServices Michigan Real Estate (South)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,478

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x124
  • Shrub

Parking

  • Unpaved Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Replacement Windows
  • Mud Room
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,478

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1920
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x124
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2188.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 3477.65
  • Tax Info:Zoning3: Res
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Water Heater:Natural Gas4: Yes
  • General Property Info:SqFt Above Grade: 1464.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2188.0
  • Window Features: Replacement
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 724.0
  • Basement Rooms:Total Basement SQFT: 724.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Below Grade Sq Ft: 724.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 189900.0
  • Patio and Porch Features: Porch(es)
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 40x124
  • Lot Size Sq Ft: 4792.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3477.65
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
Mar 28, 2019
Sold by
Yoder Lisa
Bought by
835 Calvin Ave Llc
Seller's Agent
Mitchell Luban
United Realty Services LLC
Buyer's Agent
Paul Leason
Berkshire Hathaway HomeServices Michigan Real Estate (South)
List Price
$214,900
Sold Price
$184,000
Premium/Discount to List
-$30,900
-14.38%
Current Estimated Value
$335,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,047
Avg. Annual Appreciation
9.23%
Original Mortgage
$147,200
Outstanding Balance
$97,085
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$227,189

Purchase Details

Listed on
Jan 3, 2019
Closed on
Mar 12, 2019
Sold by
Marney Timothy
Bought by
Yoder Lisa
Seller's Agent
Mitchell Luban
United Realty Services LLC
Buyer's Agent
Paul Leason
Berkshire Hathaway HomeServices Michigan Real Estate (South)
List Price
$214,900
Sold Price
$184,000
Premium/Discount to List
-$30,900
-14.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Outstanding Balance
$97,085
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$227,189

Purchase Details

Listed on
Jun 13, 2015
Closed on
Aug 3, 2015
Sold by
Hudgins Albert and Hudgins Peggy
Bought by
Marney Timothy
Seller's Agent
Robert Woody Watson
RE/MAX SunQuest Realty
Buyer's Agent
Jeffrey Shaffer
Bellabay Realty (SW)
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%
Original Mortgage
$122,710
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 1987
Source: Public Records

Range of Values:

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Average Value
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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
835 Calvin Ave Llc -- Title Resource Agency
Yoder Lisa $184,000 Lighthouse Title Agency
Marney Timothy $125,000 Indepedent Title Svcs Inc
-- $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoder Lisa $147,200
Previous Owner Marney Timothy $126,650
Previous Owner Marney Timothy $122,710
Previous Owner Hudgins Albert $84,082
Previous Owner Hudgins Albert $10,000
Previous Owner Hudgins Albert $104,000
Previous Owner Hudgins Albert $90,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2019 03/13/19 Sold $184,000 -14.4% $84 / Sq Ft
02/16/2019 02/16/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $214,900 +71.9% $98 / Sq Ft
08/03/2015 08/03/15 Sold $125,000 0.0% $44 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
06/13/2015 06/13/15 For Sale $125,000 -- $44 / Sq Ft
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 $5,294 $137,200 $0 $0
2024 $5,294 $131,700 $0 $0
2023 $5,252 $118,600 $0 $0
2022 $4,991 $104,500 $0 $0
2021 $4,863 $93,700 $0 $0
2020 $4,701 $91,900 $0 $0
2019 $3,587 $77,100 $0 $0
2018 $3,478 $66,000 $0 $0
2017 $2,223 $64,000 $0 $0
2016 $2,260 $49,700 $0 $0
2015 $1,081 $49,700 $0 $0
2013 -- $31,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19000277

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-402-035