NOT LISTED FOR SALE

921 Watson St SW Grand Rapids, MI 49504

SWAN Neighborhood

Estimated Value: $207,000 - $230,000

-- Bed
-- Bath
-- Sq Ft
3,200 Sq Ft Lot

Last Sold July 30, 2020

Last sale price $150,000

Est. 48% increase in value since last sale

Current estimated payment $1,485/month

3 Days on Market

About This Home

As of July 2020

GVSU PEW CAMPUS Classic Two Unit Duplex for sale, each unit with 2 beds and 1 bath. Property was Built as a duplex, and features a full basement with laundry and access for both upper and lower tenants. Fenced-in rear yard, Front porches on both units. From 2015 to present property has undergone complete renovation including newer roof, vinyl siding, new windows, flooring, paint, mechanicals including plumbing drains and supply lines. Property has a current compliance certificate with City of Grand Rapids thru august of 2023. Both units are leased MTM with tenants who show ''pride of rentership''. Great building EZ to rent.
All offers due Friday, July 3rd at 8pm. Owner is an agent licensed in the State of Michigan.

Last Agent to Sell the Property

Rod Horlings

RE/MAX United (Beltline) License #6501227226 Listed on: 06/30/2020

RE/MAX United (Beltline)

Last Buyer's Agent

Nicole Zenker

Clarity Realty LLC

Clarity Realty LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,341

Year Built

  • Built in 1910

Lot Details

  • 3,200 Sq Ft Lot

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $768
  • Maintenance Expense $500
  • Operating Expense $3,108
  • Gross Income $19,800
  • Net Operating Income $16,692

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,341

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 155000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3200.0
  • Zoning Description: RES Multi Fam.
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 19800.0
  • Insurance Expense: 768.0
  • Maintenance Expense: 500.0
  • Net Operating Income: 16692.0
  • Number of Units Total: 2
  • Operating Expense: 3108.0

Tax Info

  • Tax Annual Amount: 1341.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Jul 23, 2020
Sold by
Rodney Horlings G
Bought by
Pettit Christopher
Seller's Agent
Rod Horlings
RE/MAX United (Beltline)
Buyer's Agent
Nicole Zenker
Clarity Realty LLC
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Current Estimated Value
$222,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,215
Avg. Annual Appreciation
8.37%

Purchase Details

Closed on
Feb 28, 2020
Sold by
Horlings Land Investments Llc
Bought by
Horlings G Rodney

Purchase Details

Closed on
Jun 3, 2015
Sold by
Beaudry Michael J and Beaudry Diane
Bought by
Horlings Land Investments Llc

Purchase Details

Closed on
Aug 24, 2006
Sold by
Choiceone Mortgage Co Of Michigan
Bought by
Beaudry Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 2005
Sold by
Choiceone Bank
Bought by
Choiceone Mortgage Co Of Michigan

Purchase Details

Closed on
Jul 27, 2005
Sold by
Harris Rodney
Bought by
Choiceone Mortgage Co Of Michigan

Purchase Details

Closed on
Jun 29, 2005
Sold by
Harris Rodney
Bought by
Choiceone Bank

Purchase Details

Closed on
Feb 10, 2005
Sold by
Harris Vicki L
Bought by
Harris Rodney

Purchase Details

Closed on
Mar 16, 2004
Sold by
Vanderstel Kyle and Vanderstel Karman
Bought by
Harris Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,250
Interest Rate
5.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 25, 2002
Sold by
Corbett Iris D
Bought by
Vanderstel Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 1980
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
Pettit Christopher $150,000 Chicago Title
Pettit Christopher $150,000 Chicago Title Of Mi Inc
Horlings G Rodney -- None Available
Horlings Land Investments Llc $21,500 None Available
Beaudry Michael J $60,000 None Available
Choiceone Mortgage Co Of Michigan -- --
Choiceone Mortgage Co Of Michigan -- --
Choiceone Bank $94,815 --
Harris Rodney -- --
Harris Rodney $102,500 --
Vanderstel Kyle $54,250 --
-- $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pettit Christopher $105,000
Previous Owner Horlings Land Investments Llc $60,000
Previous Owner Beaudry Michael J $45,000
Previous Owner Harris Rodney $92,250
Previous Owner Wu Jon $63,000
Previous Owner Vanderstel Kyle $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $150,000 -3.2% --
07/03/2020 07/03/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $155,000 -- --
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 $3,051 $92,100 $0 $0
2024 $3,051 $80,800 $0 $0
2023 $2,012 $49,600 $0 $0
2022 $2,876 $60,300 $0 $0
2021 $2,803 $53,700 $0 $0
2020 $2,130 $47,400 $0 $0
2019 $1,469 $37,700 $0 $0
2018 $1,424 $30,800 $0 $0
2017 $1,389 $26,100 $0 $0
2016 $1,396 $26,700 $0 $0
2015 $1,229 $26,700 $0 $0
2013 -- $23,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rod Horlings

    Seller's Agent in 2020

    Rod Horlings

    RE/MAX Michigan

    (616) 291-5824

    2 in this area

    55 Total Sales

    Rod Horlings
    Section Image

  • N

    Buyer's Agent in 2020

    Nicole Zenker

    Clarity Realty LLC

    (517) 667-1038

    1 in this area

    16 Total Sales

    Nicole Zenker
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20024821

Southwestern Michigan Association of REALTORS®

APN: 41-13-26-431-013

Michigan Kent County Grand Rapids 49504 SWAN

921 Watson St SW, Grand Rapids, MI

This home is located at 921 Watson St SW, Grand Rapids, MI 49504 since 30 June 2020 and is currently estimated at $222,215. This property was built in 1910. 921 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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