NOT LISTED FOR SALE

913 Houseman Ave NE Grand Rapids, MI 49503

Estimated Value: $364,000 - $1,268,000

-- Bed
-- Bath
-- Sq Ft
1.01 Acres

Last Sold March 03, 2016

Last sale price $625,000

Est. 5% increase in value since last sale

Current estimated payment $4,004/month

2 Days on Market

About This Home

As of March 2016

Opportunity knocks. Three fourplexes on a prime acre of Northeast Grand Rapids Real Estate. Each apartment has their own washer and dryer as well as 2 designated parking spots. All have separate gas and electric. One of the units is handicapped accessible. Just a mile and a half to Spectrum Health-Butterworth Campus. A unique chance to own 12 apartment units in three buildings in one of the hottest rental markets in the country.

Last Agent to Sell the Property

Steven Katerberg

Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6501253663 Listed on: 12/02/2015

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Last Buyer's Agent

Allen Louks

Prudential Preferred, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,068

Year Built

  • Built in 1989

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 157x281
  • Wooded Lot

Parking

  • 24 Parking Spaces

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • 3 Buildings
  • 12 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,068

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1989
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 157X281
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 11068.0
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 12
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 3.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Slab: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • List Price: 625000.0
  • Lot Features: Sidewalk, Wooded
  • Number of Buildings: 3
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 24.0
  • General Property Info:Total Parking Spaces: 24.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 1.01
  • Lot Size Area: 1.01
  • Lot Size Sq Ft: 44117.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 12

Tax Info

  • Tax Annual Amount: 11068.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2015
Closed on
Mar 3, 2016
Sold by
Houseman Properties Llc
Bought by
Crump Osborn Llc
Seller's Agent
Steven Katerberg
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Buyer's Agent
Allen Louks
Prudential Preferred, REALTORS
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$653,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,844
Avg. Annual Appreciation
1.82%
Original Mortgage
$500,000
Interest Rate
3.81%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 1, 2005
Sold by
Johanick Properties Llc
Bought by
Johnson Daniel C and Johnson Patricia A
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
Crump Osborn Llc -- Title Resource Agency
Houseman Properties Llc $540,000 Title Resource Agency
Johnson Daniel C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crump Osborn Llc $585,000
Closed Crump Osborn Llc $525,000
Closed Crump Osborn Llc $500,000
Previous Owner Johanick Properties Llc $365,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2016 03/03/16 Sold $625,000 0.0% --
12/04/2015 12/04/15 Pending -- -- --
12/02/2015 12/02/15 For Sale $625,000 -- --
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
2025 $5,622 $198,700 $0 $0
2024 $5,622 $156,800 $0 $0
2023 $5,577 $156,800 $0 $0
2022 $5,300 $136,300 $0 $0
2021 $5,164 $126,700 $0 $0
2020 $4,991 $126,700 $0 $0
2019 $5,110 $100,600 $0 $0
2018 $4,954 $95,300 $0 $0
2017 $4,833 $86,400 $0 $0
2016 $3,958 $83,200 $0 $0
2015 $3,771 $83,200 $0 $0
2013 -- $72,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Katerberg

    Seller's Agent in 2016

    Steven Katerberg

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (616) 293-6240

    23 Total Sales

    Steven Katerberg
    Section Image

  • A

    Buyer's Agent in 2016

    Allen Louks

    Prudential Preferred, REALTORS

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15061616

Southwestern Michigan Association of REALTORS®

APN: 41-14-20-152-029

Michigan Kent County Grand Rapids 49503

913 Houseman Ave NE, Grand Rapids, MI

This home is located at 913 Houseman Ave NE, Grand Rapids, MI 49503 since 02 December 2015 and is currently estimated at $653,844. This property was built in 1989. 913 Houseman Ave NE is a home located in Kent County with nearby schools including East Leonard Elementary School, Riverside 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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