NOT LISTED FOR SALE

881 Sheridan Ave SW Grand Rapids, MI 49503

Roosevelt Park Neighborhood

Estimated Value: $227,000 - $256,000

3 Beds
2 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold July 24, 2012

Last sale price $15,500

Est. 1,461% increase in value since last sale

Current estimated payment $1,468/month

14 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Wood Siding

About This Home

As of July 2012

Spacious 2-Family Home for Sale! Unit 1 (main floor) features nice front porch. Both units have 2 bedrooms & 1 bathroom. All information Represented herein is approximated and individual verification is recommended. Information is not guaranteed. Buyer responsible for any de-winterization and re-winterization fees, if applicable.

Last Agent to Sell the Property

Michael Balsitis

Bellabay Realty LLC License #6502346774 Listed on: 06/14/2012

Bellabay Realty LLC

Last Buyer's Agent

Robert Coursey

Leading Edge Realty LLC License #6501309293

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Wood Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet

Community Details

  • 1,250 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 17000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: RES

Rental Info

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

Multi Family

  • Number of Units Total: 1250

Tax Info

  • Tax Annual Amount: 1262.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2012
Closed on
Jul 17, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Lara Jose A
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Robert Coursey
Leading Edge Realty LLC
List Price
$17,000
Sold Price
$15,500
Premium/Discount to List
-$1,500
-8.82%
Total Days on Market
14
Current Estimated Value
$242,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,522
Avg. Annual Appreciation
23.62%

Purchase Details

Closed on
Sep 21, 2011
Sold by
Garcia Able Lemus and Chase Mortgage Company
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Nov 19, 2002
Sold by
B & P Group Inc
Bought by
Garcia Abel Lemur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,730
Interest Rate
6.38%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 2002
Sold by
Futura Casa Llc
Bought by
B & P Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,730
Interest Rate
6.38%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 2000
Sold by
Ftra Casa and Ftra Cntreras E
Bought by
Lara Cntreras E and Lara Jose A

Purchase Details

Closed on
Jun 16, 2000
Bought by
Futura Llc and Lara Jose A

Purchase Details

Closed on
Oct 1, 1993
Sold by
Hilder P
Bought by
Lara Jose A

Purchase Details

Closed on
Jun 29, 1990
Sold by
Rdr Vnvknbg B and Rdr Props
Bought by
Lara Jose A

Purchase Details

Closed on
Jun 28, 1990
Sold by
Wielenga Wielenga M M and Wielenga Vnvknbg B
Bought by
Lara Jose A

Purchase Details

Closed on
Dec 22, 1982
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
Lara Jose A $15,500 None Available
Jpmorgan Chase Bank National Association $69,588 None Available
Garcia Abel Lemur $82,000 Metropolitan Title Co
B & P Group Inc -- --
Lara Cntreras E -- --
Futura Llc $28,000 --
Lara Jose A $28,000 --
Lara Jose A $9,000 --
Lara Jose A $11,000 --
-- $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Abel Lemur $80,730
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2012 07/24/12 Sold $15,500 -8.8% --
06/28/2012 06/28/12 Pending -- -- --
06/14/2012 06/14/12 For Sale $17,000 -- --
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 $1,305 $94,200 $0 $0
2023 $1,306 $79,600 $0 $0
2022 $1,183 $62,500 $0 $0
2021 $1,211 $55,700 $0 $0
2020 $1,165 $48,600 $0 $0
2019 $1,204 $44,400 $0 $0
2018 $1,165 $32,500 $0 $0
2017 $1,136 $26,500 $0 $0
2016 $1,145 $25,700 $0 $0
2015 $1,080 $25,700 $0 $0
2013 -- $25,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Balsitis

    Seller's Agent in 2012

    Michael Balsitis

    Bellabay Realty LLC

    (616) 734-0800

    40 Total Sales

    Michael Balsitis
    Section Image

  • R

    Buyer's Agent in 2012

    Robert Coursey

    Leading Edge Realty LLC

    (616) 890-3475

    1 in this area

    56 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12033357

Southwestern Michigan Association of REALTORS®

APN: 41-13-36-331-014

Michigan Kent County Grand Rapids 49503 Roosevelt Park

881 Sheridan Ave SW, Grand Rapids, MI

This home is located at 881 Sheridan Ave SW, Grand Rapids, MI 49503 since 14 June 2012 and is currently estimated at $242,022. This property was built in 1910. 881 Sheridan Ave SW is a home located in Kent County with nearby schools including Southwest Community Campus School, Burton 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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