NOT LISTED FOR SALE

Estimated Value: $346,000 - $406,000

3 Beds
2 Baths
-- Sq Ft
0.34 Acres

Last Sold August 31, 2012

Last sale price $112,000

Est. 227% increase in value since last sale

Current estimated payment $2,463/month

21 Days on Market

About This Home

As of August 2012

Beautifully renovated duplex in Walker, MI for rent in the award winning Kenowa Hills School District. Located on a peaceful cul-de-sac yet close enough to Meijer, Greenridge Square and many other shops Alpine Ave NW has to offer. Easy access to I96 and 131 for busy commuters, just minutes from downtown Grand Rapids and Rockford. This property features 3 bedrooms and 2 updated bathrooms. The extra-large eat in kitchen boasts updated appliances, countertops and a wraparound deck perfect for entertaining. Finished basement with laundry room, wet bar and an abundance of storage space will make this the perfect rental home for a family or a few friends. Renters are responsible for Electric, Gas, Water, Trash and snow removal. Interested applicants please apply.

Last Agent to Sell the Property

Tom Dann

Value Point Real Estate License #6502327633 Listed on: 06/22/2012

Co-Listed By

Ken Cleypool

Value Point Real Estate

Last Buyer's Agent

Barbara Heisler

Barbara Heisler License #6501218889

Barbara Heisler

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,083

Year Built

  • Built in 1980

Lot Details

  • 0.34

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Additional Features

  • 0.34 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,083

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 114900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Size Sq Ft: 14810.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2024
Sold by
Marookian Lala
Bought by
Marookian Lala and Medvin Aslanian And Lala Marookian Revocable
Current Estimated Value
$366,050

Purchase Details

Closed on
Oct 3, 2022
Sold by
Khoygani Lala Marookian
Bought by
Marookian Lala

Purchase Details

Closed on
Oct 31, 2019
Sold by
Ferdowsi Shohreh
Bought by
Marookian Khoygani Lala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.6%

Purchase Details

Listed on
Jun 22, 2012
Closed on
Aug 31, 2012
Sold by
Federal National Mortgage Association
Bought by
Ferdowsi Shohreh
Seller's Agent
Tom Dann
Value Point Real Estate
Buyer's Agent
Barbara Heisler
Barbara Heisler
List Price
$114,900
Sold Price
$112,000
Premium/Discount to List
-$2,900
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.48%
Original Mortgage
$89,600
Interest Rate
3.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 7, 2011
Sold by
Spencer Robert A and Spencer Cheryl L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 27, 2003
Sold by
Christians Nicholas and Christians Lois M
Bought by
Spencer Robert A and Spencer Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,358
Interest Rate
5.71%
Mortgage Type
FHA
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
Marookian Lala -- None Listed On Document
Marookian Lala -- --
Marookian Khoygani Lala $247,000 Chicago Title Of Mi Inc
Ferdowsi Shohreh $112,000 None Available
Federal National Mortgage Association $140,480 None Available
Spencer Robert A $171,000 Michigan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marookian Khoygani Lala $180,000
Previous Owner Ferdowsi Shohreh $89,600
Previous Owner Spencer Robert A $171,200
Previous Owner Spencer Robert A $37,800
Previous Owner Spencer Robert A $168,358
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Rented -- -- --
02/25/2020 02/25/20 Under Contract -- -- --
02/18/2020 02/18/20 For Rent $1,450 0.0% --
08/31/2012 08/31/12 Sold $112,000 -2.5% --
07/13/2012 07/13/12 Pending -- -- --
06/22/2012 06/22/12 For Sale $114,900 -- --
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 $5,083 $170,800 $0 $0
2024 $5,083 $150,500 $0 $0
2023 $4,852 $135,400 $0 $0
2022 $4,967 $122,000 $0 $0
2021 $4,828 $107,400 $0 $0
2020 $4,442 $102,300 $0 $0
2019 $5,146 $89,900 $0 $0
2018 $2,890 $82,400 $0 $0
2017 $2,817 $79,400 $0 $0
2016 $2,728 $78,900 $0 $0
2015 $2,612 $78,900 $0 $0
2013 -- $72,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12035051

Southwestern Michigan Association of REALTORS®

APN: 41-13-11-280-001