L
Seller's Agent in 2024
Lauren Karsten
Five Star Real Estate (Ada)
(616) 690-8355
90 Total Sales
835 Grand Ave NE Grand Rapids, MI 49503
--
Bed
--
Bath
--
Sq Ft
0.8
Acres
Highlights
- 2 Fireplaces
- Window Unit Cooling System
- Forced Air Heating System
About This Home
As of December 2024Rare investment opportunity just a short drive to downtown Grand Rapids! These two apartment buildings consist of 8 turnkey two-bedroom, one- bathroom units. The units are consistently rented, and leases are on a month-to-month basis, offering flexibility for future owners. The properties can also be purchased separately. See MLS #24050259 and #24050262. The two buildings offer plenty of off-street parking with a large parking lot. Call today to set up your private showing!
Last Agent to Sell the Property
Five Star Real Estate (Ada) License #6501375963 Listed on: 09/23/2024
Last Buyer's Agent
Five Star Real Estate (Ada) License #6501375963 Listed on: 09/23/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,104
Year Built
- Built in 1982
Home Design
- Brick Exterior Construction
- Slab Foundation
- Vinyl Siding
Parking
- 13 Parking Spaces
- Paved Parking
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Window Unit Heating System
Additional Features
- 2 Fireplaces
- 0.8 Acre Lot
Community Details
- 2 Buildings
- 8 Units
Listing and Financial Details
- Tenant pays for electric, trash collection, gas
- The owner pays for water, sewer
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 23, 2024
Closed on
Dec 2, 2024
Sold by
835 Grand Limited Llc
Bought by
Anderson Connor
Seller's Agent
Lauren Karsten
Five Star Real Estate (Ada)
Buyer's Agent
Lauren Karsten
Five Star Real Estate (Ada)
List Price
$1,260,000
Sold Price
$1,165,000
Premium/Discount to List
-$95,000
-7.54%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$607,341
Avg. Annual Appreciation
-6.14%
Original Mortgage
$551,000
Outstanding Balance
$547,994
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$9,665
Purchase Details
Closed on
Jun 14, 2010
Sold by
Dejong Construction Services Llc
Bought by
835 Grand Limited Llc
Purchase Details
Closed on
Jun 4, 2008
Sold by
Karn Jeremy S and Lobsiger Paul
Bought by
Federal Home Loan Mortgage Corp
Purchase Details
Closed on
Mar 2, 2007
Sold by
Reh James A and Reh Barbara G
Bought by
Karn Jeremy S and Karn Julia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
6.31%
Mortgage Type
Commercial
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
Wickering Jack D and Wickering Gloria M
Bought by
Wickering Jack D
Purchase Details
Closed on
Apr 5, 1985
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $580,000 | Ata National Title Group | |
| Warranty Deed | $580,000 | Ata National Title Group | |
| Warranty Deed | -- | None Available | |
| Sheriffs Deed | $150,757 | None Available | |
| Warranty Deed | $183,600 | Lawyers Title | |
| Quit Claim Deed | -- | None Available | |
| Land Contract | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $32,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $551,000 | New Conventional | |
| Closed | $551,000 | New Conventional | |
| Previous Owner | $270,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $137,700 | Commercial | |
| Previous Owner | $36,720 | Commercial | |
| Previous Owner | $160,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2024 12/10/24 | Sold | $1,165,000 | +100.9% | -- |
| 12/02/2024 12/02/24 | Sold | $580,000 | -3.3% | -- |
| 11/01/2024 11/01/24 | Pending | -- | -- | -- |
| 11/01/2024 11/01/24 | Pending | -- | -- | -- |
| 10/23/2024 10/23/24 | Price Changed | $600,000 | -50.0% | -- |
| 10/23/2024 10/23/24 | Price Changed | $1,200,000 | -4.8% | -- |
| 09/23/2024 09/23/24 | For Sale | $1,260,000 | +100.0% | -- |
| 09/23/2024 09/23/24 | For Sale | $630,000 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $4,582 | $215,300 | $0 | $0 |
| 2024 | $4,582 | $156,800 | $0 | $0 |
| 2023 | $4,545 | $156,800 | $0 | $0 |
| 2022 | $4,319 | $136,300 | $0 | $0 |
| 2021 | $4,208 | $126,700 | $0 | $0 |
| 2020 | $4,068 | $126,700 | $0 | $0 |
| 2019 | $4,165 | $100,600 | $0 | $0 |
| 2018 | $4,037 | $95,300 | $0 | $0 |
| 2017 | $3,938 | $86,400 | $0 | $0 |
| 2016 | $3,958 | $83,200 | $0 | $0 |
| 2015 | $3,771 | $83,200 | $0 | $0 |
| 2013 | -- | $72,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lauren Karsten
-
Connor Anderson
Buyer's Agent in 2024
Connor Anderson
MOXIE Real Estate + Development
(616) 648-6353
119 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24050269
APN: 41-14-19-279-014
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