NOT LISTED FOR SALE

845 Worden St SE Grand Rapids, MI 49507

South East End Neighborhood

Estimated Value: $231,000 - $264,199

5 Beds
2 Baths
-- Sq Ft
6,621 Sq Ft Lot

Last Sold July 26, 2023

Last sale price $210,000

Est. 18% increase in value since last sale

Current estimated payment $1,725/month

12 Days on Market

About This Home

As of July 2023

*Property is located in an area where buyers can qualify for bank covered closing costs!* Large, cash flowing 2-unit, fully occupied with great tenants!! Enjoy a 10% cap rate! Both leases month-to-month. Upper tenant has signed a new lease somewhere for August 25th, so the upper unit will be vacant. Lower unit is 3 BR/1 BA and upper unit is 2 BR/1 BA. Newer furnaces in both units. Brand new plumbing and new water main (performed by city) and updated bathrooms in both units. Currently rented for a total of $2,350 /mo. Rent could easily be raised to $1,100 for upper unit. Separate utilities. Tenants pay electric/gas/trash. Seller will give 30-day notice to either tenant of buyers choice, if requested. Current city rental certificate good through 4/22/2026. Seller is a real estate agent

Last Agent to Sell the Property

Tyler Johnson

Key Realty Listed on: 06/24/2023

Last Buyer's Agent

Rene Guzman

1st Advantage Realty License #6501383944

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,898

Year Built

  • Built in 1890

Lot Details

  • 6,621 Sq Ft Lot
  • Lot Dimensions are 50 x 32

Parking

  • 2 Parking Spaces

Home Design

  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units
  • Gross Income $28,200

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,898

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50 x 32
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3897.95
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 210000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Public Water Available, Public Sewer Available, Natural Gas Available, Cable Available, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 50 x 32
  • Lot Size Sq Ft: 6621.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 28200.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3897.95
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2023
Closed on
Jul 26, 2023
Sold by
River City Properties Llc
Bought by
Hernandez Telesforo Mendez
Seller's Agent
Tyler Johnson
Key Realty
Buyer's Agent
Rene Guzman
1st Advantage Realty
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%
Views
18
Current Estimated Value
$248,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,050
Avg. Annual Appreciation
8.38%
Original Mortgage
$178,500
Outstanding Balance
$174,533
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$73,517

Purchase Details

Listed on
Jul 17, 2020
Closed on
Oct 29, 2020
Sold by
Lovelace Nicholas W
Bought by
River City Properties Llc
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Tyler Johnson
Clear Realty Group
List Price
$134,900
Sold Price
$134,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.53%
Original Mortgage
$453,525
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Dec 2, 2015
Closed on
Jun 30, 2016
Sold by
Smith Deloris
Bought by
Lovelace Nicholas W
Seller's Agent
Shelley Silva
616 Realty LLC
Buyer's Agent
Shelley Silva
616 Realty LLC
List Price
$68,000
Sold Price
$62,000
Premium/Discount to List
-$6,000
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.67%

Purchase Details

Closed on
Dec 9, 2015
Sold by
Smith Deloris and Estate Of Latham Smith
Bought by
Smith Deloris

Purchase Details

Closed on
Dec 18, 1998
Sold by
Agnew Agnew O O and Agnew Smith L
Bought by
Smith Smith L and Smith Latham H
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hernandez Telesforo Mendez $210,000 Chicago Title
River City Properties Llc $404,700 None Available
Lovelace Nicholas W $62,000 Chicago Title
Smith Deloris -- Attorney
Smith Smith L $23,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Telesforo Mendez $178,500
Previous Owner River City Properties $2,216,250
Previous Owner River City Properties Llc $453,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $210,000 0.0% --
06/27/2023 06/27/23 Pending -- -- --
06/27/2023 06/27/23 Price Changed $210,000 -4.5% --
06/24/2023 06/24/23 For Sale $220,000 0.0% --
06/21/2023 06/21/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $220,000 +63.1% --
10/29/2020 10/29/20 Sold $134,900 0.0% --
07/29/2020 07/29/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $134,900 +117.6% --
06/30/2016 06/30/16 Sold $62,000 -8.8% --
01/09/2016 01/09/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $68,000 -- --
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 $4,476 $119,100 $0 $0
2024 $4,476 $109,700 $0 $0
2023 $4,142 $97,800 $0 $0
2022 $3,937 $81,300 $0 $0
2021 $4,023 $73,500 $0 $0
2020 $2,261 $63,000 $0 $0
2019 $2,315 $53,400 $0 $0
2018 $2,244 $43,200 $0 $0
2017 $2,190 $36,300 $0 $0
2016 $1,456 $32,200 $0 $0
2015 $1,387 $32,200 $0 $0
2013 -- $33,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tyler Johnson

    Key Realty

  • Rene Guzman

    Buyer's Agent in 2023

    Rene Guzman

    1st Advantage Realty

    (616) 260-8670

    6 in this area

    147 Total Sales

    Rene Guzman
    Section Image

  • A

    Seller's Agent in 2020

    Anthony DeBartolo

    DeBartolo Realty - I

    Section Image
  • Shelley Silva

    Seller's Agent in 2016

    Shelley Silva

    616 Realty LLC

    (616) 443-5656

    50 Total Sales

    Shelley Silva
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23020650

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-302-011

Michigan Kent County Grand Rapids 49507 South East End

845 Worden St SE, Grand Rapids, MI

This home is located at 845 Worden St SE, Grand Rapids, MI 49507 since 24 June 2023 and is currently estimated at $248,050. This property was built in 1890. 845 Worden St SE is a home located in Kent County with nearby schools including Campus Elementary School, 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes