NOT LISTED FOR SALE

847 Oakland Ave SW Grand Rapids, MI 49503

Roosevelt Park Neighborhood

Estimated Value: $196,000 - $253,000

-- Bed
-- Bath
-- Sq Ft
5,488 Sq Ft Lot

Last Sold May 31, 2016

Last sale price $54,100

Est. 327% increase in value since last sale

Current estimated payment $1,530/month

22 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • 4-minute walk to Roberto Clemente Park

About This Home

As of May 2016

This is a two unit home, both with two bedrooms, one bath, dining room and kitchen. The lower level unit offers a smaller room that can also be used as an extra dining area. Large fenced side and back yard with a detached two stall garage. Near GRPS schools, downtown and highway access.All information Represented herein is approximated and individual verification is recommended. Information is not guaranteed.

Last Agent to Sell the Property

Michael Balsitis

Bellabay Realty LLC License #6502346774 Listed on: 04/18/2016

Bellabay Realty LLC

Last Buyer's Agent

Tanisha Bowman

Real5 License #6501292144

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $717

Year Built

  • Built in 1895

Lot Details

  • 5,488 Sq Ft Lot
  • Lot Dimensions are 50 x 110

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$717

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1895
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 30000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 50 x 110
  • Lot Size Sq Ft: 5488.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 716.72
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2019
Sold by
Timmer Jonathon
Bought by
Jw Remodeling Llc
Total Days on Market
22
Current Estimated Value
$231,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 13, 2019
Sold by
Rdg Fund 6 Lth Llc
Bought by
Timmer Jonathon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 7, 2019
Sold by
Rdg Fund 6 Lth Llc
Bought by
Rdg Fund 5 New Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 28, 2018
Sold by
Rdg Fund 5 New Homes Llc
Bought by
Timmer Jonathon

Purchase Details

Closed on
Oct 19, 2017
Sold by
Rdg New Homes Llc
Bought by
Rdg Fund 6 Lth Llc

Purchase Details

Closed on
Apr 26, 2017
Sold by
Global Wisdom Inc
Bought by
Rdg New Homes Llc

Purchase Details

Listed on
Apr 18, 2016
Closed on
May 16, 2016
Sold by
Mortgage Equity Conversion Asset Trust
Bought by
Global Wisdom Inc
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Tanisha Bowman
Real5
List Price
$30,000
Sold Price
$54,100
Premium/Discount to List
$24,100
80.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.89%

Purchase Details

Closed on
Apr 9, 2015
Sold by
Nationstar Mortgage Llc
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 11, 2015
Sold by
Villarreal Eliu and Villarreal Maria C
Bought by
Nationstar Mortgage Llc and Champion Mortgage Company
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
Jw Remodeling Llc $110,000 None Available
Timmer Jonathon -- None Available
Rdg Fund 5 New Homes Llc -- None Available
Timmer Jonathon -- None Available
Rdg Fund 6 Lth Llc -- None Available
Rdg New Homes Llc $530,000 None Available
Global Wisdom Inc $54,100 Prism Title & Closing Svcs L
U S Bank National Association -- None Available
Nationstar Mortgage Llc $44,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jws Rentals $1,838,925
Closed Jw Remodeling Llc $793,000
Closed Jw Remodeling Llc $311,500
Closed Jw Remodeling Llc $97,500
Previous Owner Villarreal Eliu $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $54,100 +80.3% --
05/10/2016 05/10/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $30,000 -- --
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
2024 $2,794 $110,000 $0 $0
2023 $2,671 $85,600 $0 $0
2022 $2,634 $74,500 $0 $0
2021 $2,567 $60,300 $0 $0
2020 $2,547 $48,500 $0 $0
2019 $1,951 $45,700 $0 $0
2018 $1,891 $35,700 $0 $0
2017 $1,488 $29,900 $0 $0
2016 $1,167 $29,600 $0 $0
2015 $717 $29,600 $0 $0
2013 -- $29,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Balsitis

    Seller's Agent in 2016

    Michael Balsitis

    Bellabay Realty LLC

    (616) 734-0800

    40 Total Sales

    Michael Balsitis
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16012499

Southwestern Michigan Association of REALTORS®

APN: 41-13-36-326-009

Michigan Kent County Grand Rapids 49503 Roosevelt Park

847 Oakland Ave SW, Grand Rapids, MI

This home is located at 847 Oakland Ave SW, Grand Rapids, MI 49503 since 18 April 2016 and is currently estimated at $231,105. This property was built in 1895. 847 Oakland Ave SW is a home located in Kent County with nearby schools including Southwest Community Campus School, Burton Middle School, and Union 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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