NOT LISTED FOR SALE

875 Malta St NE Grand Rapids, MI 49503

Estimated Value: $276,000 - $286,424

3 Beds
1.5 Baths
1,440 Sq Ft
$195/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $216,000 $150 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,712/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Terraced Lot
  • 1 Car Detached Garage
  • Replacement Windows
  • 3-minute walk to Eastern School Playground

About This Home

As of October 2021

Located on the ever-growing NE side of Grand Rapids, this home is updated and ready for you! The main floor layout is incredibly functional. The kitchen has been completely updated to show off the space and natural light that flows through. The remainder of the main floor has a half bath, dining area, and a large living room. The second level has 3 generous size bedrooms and a wonderfully updated full bathroom. The yard space is great for summer evening outdoor living and yard games. Come snowfall, you will appreciate the cover of the one stall garage. Make sure to set up a time to see this great home before it's gone! Showings begin 8/27/21 at 5:00pm. Offers to be submitted by 3:00pm on 8/30/21.

Last Agent to Sell the Property

Jacob Rolf

Kilner Group Realty License #6501385872 Listed on: 08/25/2021

Last Buyer's Agent

Alyssa Hunter

Five Star Real Estate (Tallmadge) License #6501386316

Five Star Real Estate (Tallmadge)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,813

Year Built

  • Built in 1955

Lot Details

  • 5,401 Sq Ft Lot
  • Terraced Lot
  • Property is zoned 401 RESIDENTIAL, 401 RESIDENTIAL

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,813

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1955
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 42*129
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1440.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1813.1
  • Tax Info:Zoning3: 401 RESIDENTIAL
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Landscape:Terraced Yard: Yes
  • General Property Info:SqFt Above Grade: 1152.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1440.0
  • Window Features: Replacement
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 188000.0
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 42*129
  • Lot Size Sq Ft: 5401.0
  • Zoning Description: 401 RESIDENTIAL
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1813.1
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Oct 1, 2021
Sold by
Christopher Kohane
Bought by
Day Caleb and Carpenter Jaclin
Seller's Agent
Jacob Rolf
Kilner Group Realty
Buyer's Agent
Alyssa Hunter
Five Star Real Estate (Tallmadge)
List Price
$188,000
Sold Price
$216,000
Premium/Discount to List
$28,000
14.89%
Current Estimated Value
$281,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,106
Avg. Annual Appreciation
5.78%
Original Mortgage
$209,520
Outstanding Balance
$191,477
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$78,929

Purchase Details

Listed on
Aug 16, 2018
Closed on
Oct 5, 2018
Sold by
The Joyce M Poterack Trust
Bought by
Kohane Christopher
Seller's Agent
Joseph Kilner
Kilner Group Realty
Buyer's Agent
Jacob Rolf
Kilner Group Realty
List Price
$134,900
Sold Price
$145,000
Premium/Discount to List
$10,100
7.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%
Original Mortgage
$142,373
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2011
Sold by
Poterack Joyce M
Bought by
Poterack Joyce M and Joyce M Poterack Trust

Purchase Details

Closed on
Jan 13, 1998
Sold by
Poterack Robert G
Bought by
Poterack Joyce M
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
Day Caleb $216,000 None Listed On Document
Kohane Christopher $145,000 None Available
Poterack Joyce M -- None Available
Poterack Joyce M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Caleb $209,520
Previous Owner Kohane Christopher $142,373
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $216,000 +14.9% $150 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $188,000 +29.7% $131 / Sq Ft
10/05/2018 10/05/18 Sold $145,000 +7.5% $101 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
08/16/2018 08/16/18 For Sale $134,900 -- $94 / Sq Ft
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 $2,660 $108,500 $0 $0
2024 $2,660 $99,200 $0 $0
2023 $2,699 $85,000 $0 $0
2022 $3,946 $76,100 $0 $0
2021 $1,926 $69,200 $0 $0
2020 $1,841 $62,600 $0 $0
2019 $1,746 $54,800 $0 $0
2018 $1,746 $49,000 $0 $0
2017 $1,116 $39,700 $0 $0
2016 $1,130 $37,600 $0 $0
2015 $1,051 $37,600 $0 $0
2013 -- $30,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21102340

Southwestern Michigan Association of REALTORS®

APN: 41-14-20-156-020