NOT LISTED FOR SALE

Estimated Value: $339,000 - $357,000

4 Beds
2 Baths
-- Sq Ft
0.32 Acres

Last Sold July 15, 2022

Last sale price $283,000

Est. 19% increase in value since last sale

Current estimated payment $2,368/month

7 Days on Market

Highlights

  • Forced Air Heating System
  • 4 Car Garage
  • Wood Siding
  • East Kentwood High School Rated A-
  • Laundry Facilities

About This Home

As of July 2022

Investor or owner-occupied ranch-style 2-unit hits the market in the city of Kentwood. Located minutes from Kellogg Woods Park, Walmart, Home Depot, and everything 54th street has to offer. Both units are identical units with 2 bedrooms, 1 full bath, living room, dining area, kitchen, and a deck on the main level. The basement features a family room, 3rd bedroom, and a laundry room/storage. Both units are rented month to month at $875.00. Both units come with one side of the garage. The owner is responsible for water/sewer, trash, and lawn care. Strict showings times 11am-3pm each day. Tuesday, June 14 offer are due at 3:00pm.

Last Agent to Sell the Property

Scott Bradford

RE/MAX of Grand Rapids (FH) License #6501377797 Listed on: 06/08/2022

RE/MAX of Grand Rapids (FH)

Co-Listed By

Josh May

RE/MAX of Grand Rapids (FH) License #6501301200

Last Buyer's Agent

Van Trinh

Key Realty License #6501413989

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,018

Year Built

  • Built in 1978

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 98x135x127x123

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Aluminum Siding

Basement

  • Natural lighting in basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Shared Gas Meter
  • Cable TV Available

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,018

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1978
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 98x135x127x123
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4018.27
  • Tax Info:Zoning3: R1-C
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: 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
  • Substructure:Daylight: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Daylight

Exterior Features

  • Construction Materials: Aluminum Siding, Wood Siding, Brick
  • List Price: 275000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.32
  • Lot Size Area: 0.32
  • Lot Size Sq Ft: 13808.0
  • Zoning Description: R1-C
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4018.27
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Sep 8, 2022
Sold by
Nguyen Austin and Nguyen Thu Thi-Ngoc
Bought by
Grandplex Properties Llc
Seller's Agent
Scott Bradford
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Van Trinh
Key Realty
List Price
$275,000
Sold Price
$283,000
Premium/Discount to List
$8,000
2.91%
Current Estimated Value
$336,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,029
Avg. Annual Appreciation
5.42%
Original Mortgage
$200,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jul 25, 2022
Sold by
Nguyen and Minh
Bought by
Nguyen Austin and Pham Thi-Ngoc
Seller's Agent
Scott Bradford
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Van Trinh
Key Realty
List Price
$275,000
Sold Price
$283,000
Premium/Discount to List
$8,000
2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 9, 2017
Closed on
Oct 26, 2017
Sold by
Glenwood Properties Llc
Bought by
Nguyen Sang and Trinh Minh
Seller's Agent
Sam Sterk
Five Star Real Estate (Grandv)
Buyer's Agent
Scott Bradford
RE/MAX of Grand Rapids (FH)
List Price
$179,900
Sold Price
$153,000
Premium/Discount to List
-$26,900
-14.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.92%
Original Mortgage
$114,750
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2011
Sold by
W+R Builders Partnership
Bought by
Glenwood Properties Llc
Source: Public Records

Range of Values:

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Average Value
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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
Grandplex Properties Llc -- --
Nguyen Austin $283,000 None Listed On Document
Nguyen Sang $153,000 First American Title
Glenwood Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Austin $200,000
Previous Owner Nguyen Sang $114,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $283,000 +2.9% --
06/15/2022 06/15/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $275,000 +79.7% --
10/26/2017 10/26/17 Sold $153,000 -15.0% --
09/16/2017 09/16/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $179,900 -- --
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 $6,337 $147,000 $0 $0
2024 $6,337 $147,000 $0 $0
2023 $7,202 $147,000 $0 $0
2022 $4,117 $94,500 $0 $0
2021 $4,018 $75,600 $0 $0
2020 $2,895 $71,800 $0 $0
2019 $3,828 $71,800 $0 $0
2018 $3,828 $67,800 $0 $0
2017 $3,187 $67,800 $0 $0
2016 $3,110 $63,800 $0 $0
2015 $3,034 $63,800 $0 $0
2013 -- $55,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22022676

Southwestern Michigan Association of REALTORS®

APN: 41-18-32-155-003