NOT LISTED FOR SALE

926 Franklin St SE Grand Rapids, MI 49507

South East End Neighborhood

Estimated Value: $198,000 - $252,585

5 Beds
2 Baths
-- Sq Ft
4,884 Sq Ft Lot

Last Sold October 29, 2020

Last sale price $134,900

Est. 73% increase in value since last sale

Current estimated payment $1,548/month

12 Days on Market

Highlights

  • 1 Fireplace
  • High Speed Internet
  • Wood Siding
  • Forced Air Heating System

About This Home

As of October 2020

Three additional 2-Units can also be part of a package with this property.
Nice tenants. 24 Hour Notice Please. No weekend showings.
Solid, well-built building with front and rear entrances. Off street parking. Shared driveway.
DN: LR, DR, Kit, 3 Bds, Bath $740
UP: LR, DR, Kit, 2 Bds, Bath $870

Last Agent to Sell the Property

Anthony DeBartolo

DeBartolo Realty - I License #6502353236 Listed on: 07/17/2020

Last Buyer's Agent

Tyler Johnson

Clear Realty Group License #6502432839

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 1922

Lot Details

  • 4,884 Sq Ft Lot
  • Lot Dimensions are 37x132

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,700

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1922
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 37x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1700.0
  • Tax Info:Zoning3: multi
  • General Property Info:Total _pound_ Units: 2
  • 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:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 134900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Heating: Forced Air, Natural Gas, None
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Broadband Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 37x132
  • Lot Size Sq Ft: 4884.0
  • Zoning Description: multi
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1700.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2024
Sold by
River City Properties Llc
Bought by
Roberts Jonathan
Current Estimated Value
$233,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Outstanding Balance
$156,046
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$72,734

Purchase Details

Listed on
Jul 17, 2020
Closed on
Oct 29, 2020
Sold by
Lovelace Nicholas W
Bought by
River City Properties Llc
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Tyler Johnson
Clear Realty Group
List Price
$134,900
Sold Price
$134,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%
Original Mortgage
$453,525
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 20, 2016
Closed on
Mar 11, 2016
Sold by
Barrios Elias E and Barrios Sindy A
Bought by
Lovelace Nicholas W
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Anthony DeBartolo
DeBartolo Realty - I
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.33%
Original Mortgage
$41,250
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2014
Sold by
Russell G Vanderwerp Trust
Bought by
Barrios Elias E

Purchase Details

Closed on
Jan 29, 2014
Sold by
Johnson Freddie and Johnson Charlene
Bought by
Strong John L and Strong Leola M

Purchase Details

Closed on
Aug 9, 2013
Sold by
Powell Dolores M
Bought by
Johnson Freddie L and Johnson Charlene

Purchase Details

Closed on
Jul 29, 2013
Sold by
Mckee Frank William and Mckee James S
Bought by
Powell George C and Powell Dolores M
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
Roberts Jonathan $225,000 Chicago Title
River City Properties Llc $404,700 None Available
Lovelace Nicholas W $55,000 None Available
Barrios Elias E $30,000 None Available
Barrios Elias E -- None Available
Strong John L -- None Available
Werp Russell G Vander $20,000 None Available
Johnson Freddie L -- None Available
Powell George C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Jonathan $157,500
Previous Owner River City Properties $2,216,250
Previous Owner River City Properties Llc $453,525
Previous Owner Lovelace Nicholas W $41,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $134,900 0.0% --
07/29/2020 07/29/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $134,900 +145.3% --
03/11/2016 03/11/16 Sold $55,000 -8.2% --
02/01/2016 02/01/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $59,900 -- --
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 $3,761 $109,400 $0 $0
2024 $3,761 $101,700 $0 $0
2023 $3,595 $88,300 $0 $0
2022 $4,561 $73,300 $0 $0
2021 $3,941 $66,200 $0 $0
2020 $2,109 $56,500 $0 $0
2019 $2,159 $47,800 $0 $0
2018 $2,093 $40,200 $0 $0
2017 $2,042 $33,700 $0 $0
2016 $1,599 $29,800 $0 $0
2015 $1,523 $29,800 $0 $0
2013 -- $32,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Anthony DeBartolo

    DeBartolo Realty - I

    Section Image

  • T

    Buyer's Agent in 2020

    Tyler Johnson

    Clear Realty Group

    (616) 799-2903

    13 in this area

    84 Total Sales

    Tyler Johnson
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20028075

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-303-011

Michigan Kent County Grand Rapids 49506 South East End

926 Franklin St SE, Grand Rapids, MI

This home is located at 926 Franklin St SE, Grand Rapids, MI 49507 since 17 July 2020 and is currently estimated at $233,896. This property was built in 1922. 926 Franklin St SE is a home located in Kent County with nearby schools including Campus Elementary School, 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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