Seller's Agent in 2025
Tony Lewis
RE/MAX Michigan
9 in this area
265 Total Sales
909 Spencer St NE Grand Rapids, MI 49505
Creston Neighborhood
--
Bed
--
Bath
--
Sq Ft
10,542
Sq Ft Lot
Highlights
- 1 Fireplace
- High Speed Internet
- Level Lot
- Forced Air Heating System
About This Home
As of March 2025Great opportunity! 4 units that has been flawlessly maintained by retiring owner for over 40 years. Metal roof on front 7-8 years old, shingled portion replaced November 2024. 2 newer furnaces- 3 years. 4 new water heaters. Lots of laminate flooring, building + units all show nice. Low current rents, however all units have leases up soon. Projected market rents of $4700. Unit 1 could be 2 br = $1,200, #2 1 br = $1,000, #3 1 br = $1,000, #4 could be 3 br = $1,500. Separate gas + electric. Parking lot recently repaved w/8 spots. Fenced back yard 195' lot. City compliance thru 7/29/25. Many new windows. Unit 1 (to left main entrance) lr, kit, ea, br, ba, br, mud room, mechanicals, both brs have WIC, walk in pantry, new windows 2024, updated ba, vaulted ceilings. Unit 2 1st floor back, lr,kit, ea, 1 br, ba, furnace Unit 3 1st on right Lr, kit, ea, br, ba, play area Unit 4 up lr, lg kit, br w/wic, dormer br
Last Agent to Sell the Property
RE/MAX of Grand Rapids (FH) License #6501242774 Listed on: 10/17/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,976
Year Built
- Built in 1936
Lot Details
- 10,542 Sq Ft Lot
- Lot Dimensions are 54x195
- Level Lot
Home Design
- Slab Foundation
- Composition Roof
- Metal Roof
- Concrete Siding
- Vinyl Siding
Interior Spaces
- 1 Fireplace
Parking
- 8 Parking Spaces
- Paved Parking
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Shared Gas Meter
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for electric, gas
- The owner pays for trash collection, water, sewer
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $1,349
- Utility Expense $2,085
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2024
Closed on
Mar 6, 2025
Sold by
Quality Rentals Inc
Bought by
Crosser Benjamin
Seller's Agent
Tony Lewis
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Tony Lewis
RE/MAX of Grand Rapids (FH)
List Price
$485,000
Sold Price
$425,000
Premium/Discount to List
-$60,000
-12.37%
Total Days on Market
161
Views
62
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,519
Avg. Annual Appreciation
9.82%
Purchase Details
Closed on
Oct 22, 2002
Sold by
Krauss Vern and Krauss Kathy
Bought by
Quality Rentals Inc
Purchase Details
Closed on
Oct 28, 1982
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $425,000 | None Listed On Document | |
| Quit Claim Deed | -- | -- | |
| Deed | $8,400 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2025 03/06/25 | Sold | $425,000 | 0.0% | -- |
| 01/27/2025 01/27/25 | Pending | -- | -- | -- |
| 01/21/2025 01/21/25 | Price Changed | $425,000 | -5.5% | -- |
| 10/28/2024 10/28/24 | Price Changed | $449,900 | -3.2% | -- |
| 10/22/2024 10/22/24 | Price Changed | $465,000 | -4.1% | -- |
| 10/17/2024 10/17/24 | For Sale | $485,000 | 0.0% | -- |
| 10/03/2024 10/03/24 | Pending | -- | -- | -- |
| 09/17/2024 09/17/24 | Price Changed | $485,000 | -3.0% | -- |
| 08/26/2024 08/26/24 | Price Changed | $499,900 | -4.8% | -- |
| 08/19/2024 08/19/24 | For Sale | $525,000 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $3,831 | $221,800 | $0 | $0 |
| 2024 | $3,831 | $192,000 | $0 | $0 |
| 2023 | $3,661 | $164,100 | $0 | $0 |
| 2022 | $3,611 | $164,800 | $0 | $0 |
| 2021 | $3,519 | $130,000 | $0 | $0 |
| 2020 | $3,401 | $121,300 | $0 | $0 |
| 2019 | $3,376 | $106,500 | $0 | $0 |
| 2018 | $3,376 | $84,100 | $0 | $0 |
| 2017 | $3,293 | $70,500 | $0 | $0 |
| 2016 | $3,309 | $64,000 | $0 | $0 |
| 2015 | $3,153 | $64,000 | $0 | $0 |
| 2013 | -- | $67,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Lewis
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24043407
APN: 41-14-17-302-037
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