NOT LISTED FOR SALE

Estimated Value: $215,000 - $242,000

-- Bed
-- Bath
-- Sq Ft
10,149 Sq Ft Lot

Last Sold February 26, 2018

Last sale price $105,000

Est. 118% increase in value since last sale

Current estimated payment $1,452/month

4 Days on Market

Highlights

  • 0.23 Acre Lot
  • Forced Air Heating System
  • 5-minute walk to Joe Taylor Park

About This Home

As of February 2018

Investment Opportunity! Duplex with newer siding and roof (2016)The downstairs unit is 3 bedroom 1 bathroom, the upstairs unit is 2 bedroom 1 bath. City certified through 8/7/2019 in the heart of Grand Rapids and close to downtown.

Last Listed By

Imaree Mendez

Five Star Real Estate (Eastown) License #6501399967 Listed on: 01/19/2018

Five Star Real Estate (Eastown)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,536

Year Built

  • Built in 1880

Lot Details

  • 10,149 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Aluminum Siding

Basement

  • Michigan Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,536

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 92500.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10149.0
  • Zoning Description: residental
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1536.5
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2018
Closed on
Feb 26, 2018
Sold by
Martin Ronald
Bought by
Gates Augustus Joseph and Gates Zoe
Seller's Agent
Imaree Mendez
Five Star Real Estate (Eastown)
Buyer's Agent
Rebecca Zahm
Bellabay Realty (North)
List Price
$92,500
Sold Price
$105,000
Premium/Discount to List
$12,500
13.51%
Total Days on Market
4
Current Estimated Value
$228,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,434
Avg. Annual Appreciation
12.09%
Original Mortgage
$89,250
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2012
Sold by
Strong John L and Strong Leola M
Bought by
Martin Ronald

Purchase Details

Closed on
Feb 11, 2000
Sold by
Hardiman Theodore H Noma J
Bought by
Strong John L Leola M and Martin Ronald

Purchase Details

Closed on
Jan 25, 1995

Purchase Details

Closed on
Jul 13, 1994
Bought by
Martin Ronald

Purchase Details

Closed on
Jun 15, 1988
Sold by
Hoekstra Hoekstra D D and Hoekstra Hardiman
Bought by
Martin Ronald

Purchase Details

Closed on
Feb 26, 1981
Bought by
Martin Ronald

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
Gates Augustus Joseph $105,000 Chicago Title Of Michihan
Martin Ronald $17,000 None Available
Strong John L Leola M $20,000 --
Strong John L $20,000 None Available
-- $1,900 --
Martin Ronald -- --
Martin Ronald $11,500 --
Martin Ronald $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gates Augustus Joseph $108,000
Closed Gates Augustus Joseph $89,250
Previous Owner Martin Ronald $41,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2018 02/26/18 Sold $105,000 +13.5% --
01/23/2018 01/23/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $92,500 -- --
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 $2,218 $101,700 $0 $0
2023 $2,122 $88,800 $0 $0
2022 $2,109 $74,000 $0 $0
2021 $2,057 $66,600 $0 $0
2020 $1,980 $56,500 $0 $0
2019 $2,045 $46,200 $0 $0
2018 $1,297 $37,700 $0 $0
2017 $1,527 $31,900 $0 $0
2016 $1,534 $28,600 $0 $0
2015 $1,462 $28,600 $0 $0
2013 -- $31,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18002093

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-151-040