$55,500
SOLD DEC 13, 2012

918 Watson St SW Grand Rapids, MI 49504

SWAN Neighborhood
-- Bed
-- Bath
-- Sq Ft
6,600 Sq Ft Lot

Recently Sold

17% Below List Price

99 Days on Market

Highlights

  • 1 Fireplace
  • 3 Car Garage
  • 4-minute walk to Westown Commons Park
  • Forced Air Heating System

About This Home

As of May 2018

Roof was replaced in approx 2006. New water heater in approx 2010. City compliance Certificate good through 2013. Rent records available. Good income property. Please do not approach tenants or property.

Last Agent to Sell the Property

A HIST2

Weichert REALTORS Plat (CP) - I Listed on: 07/17/2012

Last Buyer's Agent

Todd Roesler

Greenridge Realty (Summit)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132

Parking

  • 3 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Shared Gas Meter
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $550
  • Maintenance Expense $1,500
  • Utility Expense $500
  • Gross Income $14,110

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 50x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1651.0
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Basement, Full

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 67000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes
  • Unit 3:Garage6: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 50x132
  • Lot Size Sq Ft: 6600.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 14110.0
  • Insurance Expense: 550.0
  • Maintenance Expense: 1500.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1651.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2012
Closed on
Dec 13, 2012
Sold by
Cole Management Group Llc
Bought by
Frantz Jonathan E
Seller's Agent
A HIST2
Weichert REALTORS Plat (CP) - I
Buyer's Agent
Todd Roesler
Greenridge Realty (Summit)
List Price
$67,000
Sold Price
$55,500
Premium/Discount to List
-$11,500
-17.16%
Current Estimated Value
$256,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,720
Avg. Annual Appreciation
12.92%
Original Mortgage
$47,362
Interest Rate
3.38%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 20, 2008
Sold by
Cole Kent and Cole Amy
Bought by
Cole Management Group Llc

Purchase Details

Closed on
Oct 25, 2007
Sold by
Freeman Brett and Freeman Sabrina
Bought by
Cole Kent and Cole Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 2006
Sold by
Vanportfliet Theresa
Bought by
Freeman Brett

Purchase Details

Closed on
Nov 13, 2006
Sold by
Kudlack Richard L and Kudlack Nadine
Bought by
Freeman Brett

Purchase Details

Closed on
Oct 16, 2006
Sold by
Bohatch Jaroslaw and Bohatch Olga
Bought by
Kudlack Richard L and Kudlack Nadine

Purchase Details

Closed on
Feb 7, 1992
Sold by
Vanportfliet Mark E
Bought by
Vanportfliet Theresa and Frantz Jonathan E

Purchase Details

Closed on
Feb 5, 1992
Sold by
Vanportfliet Mark E Theresa
Bought by
Smitter Scott S Lewis Timothy S and Frantz Jonathan E

Purchase Details

Closed on
May 29, 1990
Sold by
Lewis Timothy
Bought by
Freeman Brett and Frantz Jonathan E

Purchase Details

Closed on
Aug 27, 1987
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 Type Sale Price Title Company
Warranty Deed $55,500 Chicago Title
Warranty Deed -- None Available
Warranty Deed $70,000 Chicago Title
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Deed $26,100 --
Quit Claim Deed -- --
Deed $32,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 Unknown
Open $74,900 Commercial
Closed $47,362 FHA
Previous Owner $52,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2018 05/22/18 Sold $160,000 -10.1% --
04/05/2018 04/05/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $178,000 +220.7% --
12/13/2012 12/13/12 Sold $55,500 -17.2% --
10/24/2012 10/24/12 Pending -- -- --
07/17/2012 07/17/12 For Sale $67,000 -- --
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 $2,783 $107,700 $0 $0
2024 $2,783 $98,000 $0 $0
2023 $2,760 $83,100 $0 $0
2022 $2,623 $68,300 $0 $0
2021 $2,556 $59,900 $0 $0
2020 $2,470 $54,400 $0 $0
2019 $3,014 $47,400 $0 $0
2018 $1,593 $36,700 $0 $0
2017 $1,554 $29,200 $0 $0
2016 $1,387 $30,200 $0 $0
2015 $1,332 $30,200 $0 $0
2013 -- $28,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jim King

    Greenridge Realty (Summit)

    (616) 284-1529

    42 Total Sales

    Jim King
    Section Image

  • N

    Buyer's Agent in 2018

    Nicole Zenker

    Clarity Realty LLC

    (517) 667-1038

    1 in this area

    16 Total Sales

    Nicole Zenker
    Section Image

  • T

    Buyer's Agent in 2012

    Todd Roesler

    Greenridge Realty (Summit)

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12039374

Southwestern Michigan Association of REALTORS®

APN: 41-13-26-435-002

Michigan Kent County Grand Rapids 49504 SWAN

918 Watson St SW, Grand Rapids, MI

This home is located at 918 Watson St SW, Grand Rapids, MI 49504 and is currently priced at $55,500. This property was built in 1920. 918 Watson St SW is a home located in Kent County with nearby schools including Shawmut Hills School, 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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