NOT LISTED FOR SALE

907 3rd St NW Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $227,000 - $268,000

2 Beds
2 Baths
-- Sq Ft
2,701 Sq Ft Lot

Last Sold November 04, 2013

Last sale price $50,000

Est. 398% increase in value since last sale

Current estimated payment $1,440/month

267 Days on Market

Highlights

  • Cooling Available
  • Forced Air Heating System
  • Wood Siding

About This Home

As of November 2013

Two Family Fully Rented. Turn Key Operation, Each Unit Has 2 Bedrm, Dining Rm, Kitchen,Living Room. Hardwood Floors. Great Investment Opportunity. 24 Hr Notice To Show No Exceptions. 2 Stall Garage Could Also Be Rented Out. Split Utilities Owner Pays Water/Sewer.

Last Agent to Sell the Property

Laura Hayden

Home Quest Realty License #6502138463 Listed on: 01/29/2013

Last Buyer's Agent

Laura Hayden

Home Quest Realty License #6502138463 Listed on: 01/29/2013

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1926

Lot Details

  • 2,701

Parking

  • 2 Parking Spaces

Home Design

  • Wood Siding

Basement

  • Michigan Basement

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Window Unit Heating System
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $450
  • Gross Income $11,700

Property Details

Home Type

Apartment

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 42000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 11700.0
  • Insurance Expense: 450.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1300.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2016
Sold by
Giem Bryan and Giem Kathy
Bought by
Yellow Brick Partners Llc
Current Estimated Value
$248,911

Purchase Details

Listed on
Jan 29, 2013
Closed on
Nov 4, 2013
Sold by
Giem Bryan and Giem Kathy
Bought by
Yellow Brick Partners Llc
Seller's Agent
Laura Hayden
Home Quest Realty
Buyer's Agent
Laura Hayden
Home Quest Realty
List Price
$49,900
Sold Price
$50,000
Premium/Discount to List
$100
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.39%

Purchase Details

Closed on
Jan 18, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Us Bank Na and Bear Stearns Asset Backed Securities I L

Purchase Details

Closed on
Jan 17, 2007
Sold by
Hortman David
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Mar 24, 2005
Sold by
Nguyen Chanh and Trann Dieu
Bought by
Hortman David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 1996
Sold by
Francis Francis M M and Francis Nguyen C
Bought by
Nguyen C and Yellow Brick Partners Llc

Purchase Details

Closed on
May 13, 1996
Sold by
Swiecicki Swiecicki F F and Swiecicki Francis
Bought by
Francis and Yellow Brick Partners Llc

Purchase Details

Closed on
Oct 18, 1990
Sold by
Swiecicki Swiecicki F F and Swiecicki Francis
Bought by
Yellow Brick Partners Llc
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
Yellow Brick Partners Llc $50,000 None Available
Yellow Brick Partners Llc -- Sun Title Agency Of Mi Llc
Us Bank Na -- None Available
Mortgage Electronic Registration Systems $78,056 None Available
Hortman David $94,000 --
Nguyen C $48,000 --
Francis $54,900 --
Yellow Brick Partners Llc $54,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hortman David $75,200
Closed Hortman David $18,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2013 11/04/13 Sold $50,000 +0.2% --
10/23/2013 10/23/13 Pending -- -- --
01/29/2013 01/29/13 For Sale $49,900 -- --
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 $1,445 $111,900 $0 $0
2024 $1,445 $93,800 $0 $0
2023 $1,433 $84,600 $0 $0
2022 $1,362 $70,400 $0 $0
2021 $1,327 $62,900 $0 $0
2020 $1,283 $55,700 $0 $0
2019 $1,313 $44,300 $0 $0
2018 $1,273 $37,100 $0 $0
2017 $1,242 $28,100 $0 $0
2016 $1,248 $25,500 $0 $0
2015 $1,189 $25,500 $0 $0
2013 -- $22,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Laura Hayden

    Home Quest Realty

    (616) 293-0507

    75 Total Sales

    Laura Hayden
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13005750

Southwestern Michigan Association of REALTORS®

APN: 41-13-23-437-033

Michigan Kent County Grand Rapids 49504 West Grand

907 3rd St NW, Grand Rapids, MI

This home is located at 907 3rd St NW, Grand Rapids, MI 49504 since 29 January 2013 and is currently estimated at $248,911. This property was built in 1926. 907 3rd St NW is a home located in Kent County with nearby schools including Stocking Elementary, 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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