NOT LISTED FOR SALE

Estimated Value: $246,516 - $294,000

-- Bed
-- Bath
-- Sq Ft
6,142 Sq Ft Lot

Last Sold July 08, 2019

Last sale price $172,500

Est. 57% increase in value since last sale

Current estimated payment $1,782/month

15 Days on Market

About This Home

As of July 2019

Fantastic investment opportunity in the desirable Richmond Park area! Very convenient and popular location near the West Leonard District. It is close to shopping, dining, and bus lines. This 2-unit has separate utilities and a certificate of compliance from the City of Grand Rapids.

Last Agent to Sell the Property

Ryan Ogle

Bluhouse Properties LLC - I License #6502376991 Listed on: 05/17/2019

Bluhouse Properties LLC - I

Co-Listed By

William 'Duke' Gray

EXP Realty (Grand Rapids) License #6506048115

Last Buyer's Agent

Kristin Moore

Keller Williams GR East License #6501336249

Keller Williams GR East

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,042

Year Built

  • Built in 1900

Lot Details

  • 6,142

Parking

  • 2 Parking Spaces

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,042

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 189900.0
  • Number of Buildings: 1
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Zoning Description: NA
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3042.32
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2021
Sold by
Blue Bridge Properties Llc
Bought by
Smith Benjamin
Current Estimated Value
$271,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,250
Outstanding Balance
$121,624
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$126,715

Purchase Details

Listed on
May 17, 2019
Closed on
Jul 8, 2019
Sold by
Hutson David and Mccarthy Joseph
Bought by
Blue Bridge Properties Llc
Seller's Agent
Ryan Ogle
Bluhouse Properties LLC - I
Buyer's Agent
Kristin Moore
Keller Williams GR East
List Price
$189,900
Sold Price
$172,500
Premium/Discount to List
-$17,400
-9.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$129,375
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2005
Sold by
Herold Linda S
Bought by
Alkevicius Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2000
Sold by
Hrld Hrld L L and Hrld Alkevium T
Bought by
Alkevicius Alkevium T and Alkevicius Todd

Purchase Details

Closed on
Feb 28, 1996
Sold by
Herold Herold L L and Herold Ts
Bought by
Herold Tst and Alkevicius Todd

Purchase Details

Closed on
Feb 27, 1996
Sold by
Herold Herold W W and Herold L
Bought by
Alkevicius Herold L and Alkevicius Todd

Purchase Details

Closed on
Mar 21, 1992
Sold by
Wysocki Wysocki R R and Wysocki Herold W
Bought by
Alkevicius Todd

Purchase Details

Closed on
Dec 21, 1987
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
Smith Benjamin $179,000 Grand Rapids Title
Blue Bridge Properties Llc -- None Available
Hutson David $172,500 Bridge Title Agency Llc
Alkevicius Todd $50,000 Nta
Alkevicius Alkevium T -- --
Herold Tst -- --
Alkevicius Herold L -- --
Alkevicius Todd $28,500 --
-- $28,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Benjamin $134,250
Previous Owner Blue Bridge Properties Llc $461,600
Previous Owner Hutson David $129,375
Previous Owner Alkevicius Todd $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2019 07/08/19 Sold $172,500 -9.2% --
06/01/2019 06/01/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $189,900 -- --
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 $4,038 $114,400 $0 $0
2024 $4,038 $103,500 $0 $0
2023 $4,190 $92,700 $0 $0
2022 $3,953 $76,800 $0 $0
2021 $3,223 $68,200 $0 $0
2020 $3,358 $60,900 $0 $0
2019 $1,417 $48,600 $0 $0
2018 $3,042 $41,600 $0 $0
2017 $1,649 $35,200 $0 $0
2016 $1,347 $32,100 $0 $0
2015 $1,271 $32,100 $0 $0
2013 -- $29,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19021229

Southwestern Michigan Association of REALTORS®

APN: 41-13-14-480-008