NOT LISTED FOR SALE

8450 N Division Ave Sparta, MI 49345

Estimated Value: $416,000 - $467,000

3 Beds
2 Baths
-- Sq Ft
1.83 Acres

Last Sold July 28, 2020

Last sale price $290,000

Est. 53% increase in value since last sale

Current estimated payment $2,833/month

18 Days on Market

Highlights

  • 1.83 Acre Lot
  • Valley View Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of July 2020

Rents should and could be much higher than what current rents are right now. Family lives in each side which is the reason for below market rents. Rockford Schools, 3 bedrooms, 2 full bathrooms all on 1.830 acres. Easy access to highway, shopping and more. It would make a great owner occupied or rent both sides. 8450 to be shown only until a signed purchase agreement. Showings still require a mask and gloves.

Last Agent to Sell the Property

Douglas Hansen

Five Star Real Estate (Grandv) License #6502403883 Listed on: 05/27/2020

Five Star Real Estate (Grandv)

Last Buyer's Agent

Anne Espinoza

Greenridge Realty (Kentwood) License #6506048261

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,984

Year Built

  • Built in 2000

Lot Details

  • 1.83 Acre Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Basement

  • Walk-Out Basement
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Well
  • Septic System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,984

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Walk Out

Exterior Features

  • List Price: 299900.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 1.83
  • Lot Size Area: 1.83
  • Lot Size Sq Ft: 79715.0
  • Zoning Description: res-imp
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 5984.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Jul 30, 2020
Sold by
Anderson Steven M
Bought by
Lee Alisha A and Lee Eric T
Seller's Agent
Douglas Hansen
Five Star Real Estate (Grandv)
Buyer's Agent
Anne Espinoza
Greenridge Realty (Kentwood)
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Current Estimated Value
$442,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,659
Avg. Annual Appreciation
7.09%
Original Mortgage
$284,747
Outstanding Balance
$254,735
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$154,469

Purchase Details

Listed on
May 27, 2020
Closed on
Jul 29, 2020
Sold by
Anderson Steven M
Bought by
Lee Alisha A and Lee Eric T
Seller's Agent
Douglas Hansen
Five Star Real Estate (Grandv)
Buyer's Agent
Anne Espinoza
Greenridge Realty (Kentwood)
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,747
Outstanding Balance
$254,735
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$154,469

Purchase Details

Listed on
Mar 20, 2017
Closed on
May 23, 2017
Sold by
Bushong Russell B and Bushong Wassana
Bought by
Anderson Steven M
Seller's Agent
Brian Bartholomew
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Douglas Hansen
Five Star Real Estate (Grandv)
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$196,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2015
Sold by
Bushong Russell B
Bought by
Bushong Russell B and Bushong Wassana

Purchase Details

Closed on
Oct 4, 2013
Sold by
Deneen Spencer and Deneen Amber
Bought by
Bushong Russell

Purchase Details

Closed on
Dec 16, 2009
Sold by
Rynberg Jason and Rynberg Kelly
Bought by
Deneen Spencer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2007
Sold by
Deneen Spencer
Bought by
Deneen Spencer and Rynberg Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,100
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2006
Sold by
Kbh Properties Llc
Bought by
Deneen Spencer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,120
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Lee Alisha A $290,000 Star Title
Lee Alisha A $290,000 Star Title Agency Llc
Anderson Steven M $245,000 Chicago Title Of Michigan
Bushong Russell B -- Attorney
Bushong Russell $190,000 None Available
Deneen Spencer -- None Available
Deneen Spencer -- None Available
Deneen Spencer $218,900 Metropolitan Title Company
Kbh Properties Llc -- Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Alisha A $284,747
Closed Lee Alisha A $284,747
Previous Owner Anderson Steven M $196,000
Previous Owner Bushong Russell $75,000
Previous Owner Deneen Spencer $136,000
Previous Owner Deneen Spencer $175,100
Previous Owner Deneen Spencer $22,000
Previous Owner Deneen Spencer $175,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Sold $290,000 -3.3% --
06/14/2020 06/14/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $299,900 +22.4% --
05/23/2017 05/23/17 Sold $245,000 0.0% --
03/24/2017 03/24/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $245,000 -- --
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 $4,651 $190,700 $0 $0
2024 $4,651 $170,200 $0 $0
2023 $7,045 $165,000 $0 $0
2022 $6,736 $157,800 $0 $0
2021 $5,285 $134,400 $0 $0
2020 $3,798 $124,800 $0 $0
2019 $5,984 $122,700 $0 $0
2018 $5,985 $121,400 $0 $0
2017 $4,032 $98,600 $0 $0
2016 $3,933 $98,800 $0 $0
2015 -- $98,800 $0 $0
2013 -- $94,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Douglas Hansen

    Seller's Agent in 2020

    Douglas Hansen

    Five Star Real Estate (Grandv)

    (616) 485-8955

    1 in this area

    38 Total Sales

    Section Image

  • A

    Buyer's Agent in 2020

    Anne Espinoza

    Greenridge Realty (Kentwood)

    (616) 334-0421

    82 Total Sales

    Section Image
  • Brian Bartholomew

    Seller's Agent in 2017

    Brian Bartholomew

    RE/MAX Michigan

    (616) 307-4985

    8 in this area

    159 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20009753

Southwestern Michigan Association of REALTORS®

APN: 41-06-31-351-006

Michigan Kent County Sparta 49345

8450 N Division Ave, Sparta, MI

This home is located at 8450 N Division Ave, Sparta, MI 49345 since 27 May 2020 and is currently estimated at $442,659. This property was built in 2000. 8450 N Division Ave is a home located in Kent County with nearby schools including Valley View Elementary School, North Rockford Middle School, and Rockford 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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