NOT LISTED FOR SALE

870 Butterworth St SW Grand Rapids, MI 49504

SWAN Neighborhood

Estimated Value: $263,000 - $351,000

4 Beds
3 Baths
-- Sq Ft
0.25 Acres

Last Sold July 15, 2020

Last sale price $235,500

Est. 35% increase in value since last sale

Current estimated payment $2,107/month

4 Days on Market

Highlights

  • 0.25 Acre Lot
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of July 2020

Rare 3 unit on Grand Rapids West Side around 1 mile from everything downtown has to offer. Each unit is occupied and on month to month lease with current rents being $1875. Very well cared for. 2018 roof, 2 furnaces are 7 years old, the upper is around 12. New water heaters, vinyl siding and attached two stall garage that can be rented but currently used by owner. With rates as low as they are this is a great investment that should not need any work for a while. Sit back and cash flow for years.

Last Listed By

Mark Blashkiw

Blueprint Properties LLC License #6502410373 Listed on: 06/11/2020

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,637

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,637

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: 229900.0
  • Number of Buildings: 1
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10890.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1637.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2022
Sold by
Rigdon Benjamin A
Bought by
870 Butterworth Llc
Total Days on Market
4
Current Estimated Value
$317,016

Purchase Details

Listed on
Jun 11, 2020
Closed on
Jul 15, 2020
Sold by
Canales Alexander M and Canales Aurora V
Bought by
Rigdon Benjamin A
Seller's Agent
Mark Blashkiw
Blueprint Properties LLC
Buyer's Agent
David Jackson
Edison Brokers & Co LLC
List Price
$229,900
Sold Price
$235,500
Premium/Discount to List
$5,600
2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$231,234
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2001
Sold by
Capek Stephen O
Bought by
Canales Alexander M and Canales Aurora V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
7.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 1997
Sold by
Capek Capek M M and Capek S
Bought by
Canales Capek S and Canales Aurora V Alexander

Purchase Details

Closed on
Nov 22, 1996
Sold by
Capek Capek M M and Capek S
Bought by
Canales Capek S and Canales Aurora V Alexander

Purchase Details

Closed on
Jun 7, 1995
Bought by
Canales Canales A and Canales Aurora V Alexander

Purchase Details

Closed on
Jun 6, 1995
Bought by
Capek Capek S and Capek M

Purchase Details

Closed on
Aug 10, 1989

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
870 Butterworth Llc -- None Listed On Document
Rigdon Benjamin A $235,500 Ata National Title Grop
Canales Alexander M $47,500 --
Canales Capek S -- --
Canales Capek S -- --
Canales Canales A $47,500 --
Capek Capek S -- --
-- $38,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rigdon Benjamin A $231,234
Previous Owner Canales Alexander M $65,500
Previous Owner Canales Alexander M $75,000
Previous Owner Canales Alexander M $70,436
Previous Owner Canales Alexander M $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $235,500 +2.4% --
06/15/2020 06/15/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $229,900 -- --
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
2024 $4,187 $119,900 $0 $0
2023 $4,154 $102,700 $0 $0
2022 $3,491 $84,000 $0 $0
2021 $3,404 $73,700 $0 $0
2020 $1,599 $66,700 $0 $0
2019 $1,638 $58,200 $0 $0
2018 $1,587 $45,400 $0 $0
2017 $1,549 $35,700 $0 $0
2016 $1,556 $29,600 $0 $0
2015 $1,483 $29,600 $0 $0
2013 -- $28,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mark Blashkiw

    Blueprint Properties LLC

    (616) 706-5341

    1 in this area

    101 Total Sales

    Mark Blashkiw
    Section Image

  • D

    Buyer's Agent in 2020

    David Jackson

    Edison Brokers & Co LLC

    (616) 528-0124

    2 in this area

    40 Total Sales

    David Jackson
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20021474

Southwestern Michigan Association of REALTORS®

APN: 41-13-26-482-001

Michigan Kent County Grand Rapids 49504 SWAN

870 Butterworth St SW, Grand Rapids, MI

Homes for Sale in Grand Rapids, MI

This home is located at 870 Butterworth St SW, Grand Rapids, MI 49504 since 11 June 2020 and is currently estimated at $317,016. This property was built in 1900. 870 Butterworth St SW is a home located in Kent County with nearby schools including Shawmut Hills School, Westwood 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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