NOT LISTED FOR SALE

926 Fairmount St SE Grand Rapids, MI 49506

East Hills Neighborhood

Estimated Value: $401,000 - $439,000

-- Bed
-- Bath
-- Sq Ft
7,400 Sq Ft Lot

Last Sold July 08, 2013

Last sale price $135,000

Est. 214% increase in value since last sale

Current estimated payment $2,694/month

14 Days on Market

About This Home

As of July 2013

Fabulous location in East Hills Neighborhood! Great opportunity to locate into the very cool East Hills area. Both units feature hardwood floors, washer/dryer, and large functional floor plans. Main floor unit is over 1300 sq. ft. Lots of natural woodwork and windows. Office on main floor has been used as 3rd bedroom(no closet). 2nd floor unit is 1194 sq ft. 2 stall garage not being used at the present time. 4 off street spaces. Nice yard. Would work wonderfully for an owner occupied property. Both furnaces 2 years old.

Last Agent to Sell the Property

Lisa Baars

Berkshire Hathaway HomeServices Michigan Real Estate Listed on: 02/25/2013

Last Buyer's Agent

Dennis Childress

Childress & Associates Realty License #6504130914

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,010

Year Built

  • Built in 1885

Lot Details

  • 7,400

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

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

Additional Features

  • Michigan Basement
  • 7,400 Sq Ft Lot

Community Details

  • 3 Units
  • Insurance Expense $1,176

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,010

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 135000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7400.0

Rental Info

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

Multi Family

  • Insurance Expense: 1176.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 3010.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2013
Closed on
Aug 2, 2013
Sold by
Kempston David L and Kempston David
Bought by
Kempston Properties Llc
Seller's Agent
Lisa Baars
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Dennis Childress
Childress & Associates Realty
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
$423,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,593
Avg. Annual Appreciation
9.81%
Original Mortgage
$94,500
Outstanding Balance
$69,445
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$349,093

Purchase Details

Listed on
Feb 25, 2013
Closed on
Jul 8, 2013
Sold by
Adams Paul D and Adams Marcy
Bought by
Kempston David
Seller's Agent
Lisa Baars
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Dennis Childress
Childress & Associates Realty
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Outstanding Balance
$69,445
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$349,093

Purchase Details

Closed on
Jun 12, 2006
Sold by
Eelkema Joseph
Bought by
Adams Paul D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,300
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2004
Sold by
Adams Paul
Bought by
Adams Paul and Eelkema Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,800
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 1997
Sold by
Smlgn Smlgn J J and Smlgn Brk C
Bought by
Mkn L and Kempston Properties Llc

Purchase Details

Closed on
Jul 29, 1992
Sold by
Brus Brus D D and Brus Smalligan J
Bought by
Kempston Properties Llc

Purchase Details

Closed on
Jun 8, 1990
Sold by
Giddens Giddens R R and Giddens Brus D
Bought by
Kempston Properties Llc

Purchase Details

Closed on
Nov 11, 1988

Purchase Details

Closed on
May 3, 1983

Purchase Details

Closed on
May 2, 1983

Purchase Details

Closed on
Apr 20, 1983
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
Kempston Properties Llc -- None Available
Kempston David $135,000 First American Title Ins Co
Adams Paul D -- None Available
Adams Paul -- --
Adams Paul $128,500 --
Mkn L $60,000 --
Kempston Properties Llc -- --
Kempston Properties Llc -- --
-- $37,900 --
-- $20,700 --
-- $4,200 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kempstonproperties Llc $7,800
Open Kempston David $94,500
Previous Owner Adams Paul D $122,300
Previous Owner Adams Paul $102,800
Previous Owner Makinen Leo $55,200
Closed Adams Paul $12,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2013 07/08/13 Sold $135,000 0.0% --
03/11/2013 03/11/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $135,000 -- --
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 $4,495 $218,400 $0 $0
2024 $4,495 $194,200 $0 $0
2023 $4,297 $167,800 $0 $0
2022 $4,238 $152,300 $0 $0
2021 $4,129 $143,500 $0 $0
2020 $3,991 $138,700 $0 $0
2019 $4,086 $122,600 $0 $0
2018 $3,961 $111,600 $0 $0
2017 $3,864 $81,100 $0 $0
2016 $3,750 $74,300 $0 $0
2015 $3,574 $74,300 $0 $0
2013 -- $61,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lisa Baars

    Berkshire Hathaway HomeServices Michigan Real Estate

  • D

    Buyer's Agent in 2013

    Dennis Childress

    Childress & Associates Realty

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13009984

Southwestern Michigan Association of REALTORS®

APN: 41-14-29-358-010

Michigan Kent County Grand Rapids 49506 East Hills

926 Fairmount St SE, Grand Rapids, MI

This home is located at 926 Fairmount St SE, Grand Rapids, MI 49506 since 25 February 2013 and is currently estimated at $418,538. This property was built in 1885. 926 Fairmount St SE is a home located in Kent County with nearby schools including Martin Luther King Leadership Academy, Alger Middle School, and Ottawa Hills 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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