NOT LISTED FOR SALE

927 Butterworth St SW Grand Rapids, MI 49504

SWAN Neighborhood

Estimated Value: $237,515 - $306,000

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold August 02, 2019

Last sale price $188,000

Est. 43% increase in value since last sale

Current estimated payment $1,669/month

6 Days on Market

About This Home

As of August 2019

GREAT INVESTMENT OPPORTUNITY BY GRAND VALLEY DOWNTOWN CAMPUS. WALKING DISTANCE TO THE SCHOOL AND DOWNTOWN. NEW KITCHENS, FLOORING, CABINETS, PAINT CARPET, ETC. MOVE IN READY FOR TENANTS OR OWNER OCCUPIED DUPLEX.BOTH UNITS ARE 2 BEDROOMS AND 1 BATH. All offers due by Saturday, June 15, 2019 at 6PM.

Last Agent to Sell the Property

Drew Wodarski

Realty Michigan LLC Listed on: 06/11/2019

Last Buyer's Agent

Santiago Gomez

Santiago Properties LLC License #6502427969

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,232

Year Built

  • Built in 1914

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Shingle Siding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,232

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Shingle Siding
  • List Price: 169990.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.0
  • Zoning Description: RMNW2_RES MULTI
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2232.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2019
Closed on
Aug 2, 2019
Sold by
Douglas Diana Emole and Olge Michael J
Bought by
Mitchell William
Seller's Agent
Drew Wodarski
Realty Michigan LLC
Buyer's Agent
Santiago Gomez
Santiago Properties LLC
List Price
$169,990
Sold Price
$188,000
Premium/Discount to List
$18,010
10.59%
Current Estimated Value
$268,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,629
Avg. Annual Appreciation
5.78%

Purchase Details

Closed on
Jul 11, 2018
Sold by
Douglas Diana Emole and Oglew Michael
Bought by
Douglas Diana Emole and Michael J Ogle Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 13, 2015
Closed on
Jul 2, 2015
Sold by
Kloosterman James V
Bought by
The Diana Emole Douglas & Michael J Ogle
Seller's Agent
Brian Zeemering
Equity Harbour
Buyer's Agent
Drew Wodarski
Realty Michigan LLC
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.46%

Purchase Details

Closed on
Oct 6, 2003
Sold by
Marion Terrence G and Marion Edith
Bought by
Sutton Harry J and Sutton Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,010
Interest Rate
6.02%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mitchell William $188,000 Chicago Title Of Mi Inc
Douglas Diana Emole -- None Available
The Diana Emole Douglas & Michael J Ogle $60,000 None Available
Sutton Harry J $84,300 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Douglas Diana Emole $84,000
Previous Owner Sutton Harry J $59,010
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2019 08/02/19 Sold $188,000 +10.6% --
06/17/2019 06/17/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $169,990 +183.3% --
07/02/2015 07/02/15 Sold $60,000 -7.7% -- View Prior Sale
06/24/2015 06/24/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $65,000 +140.7% --
05/31/2012 05/31/12 Sold $27,000 -26.8% -- View Prior Sale
05/23/2012 05/23/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $36,900 -- --
Source: MichRIC

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 $3,071 $104,000 $0 $0
2024 $3,071 $91,100 $0 $0
2023 $3,132 $81,100 $0 $0
2022 $4,166 $67,900 $0 $0
2021 $2,821 $60,300 $0 $0
2020 $2,726 $53,300 $0 $0
2019 $1,666 $42,300 $0 $0
2018 $1,615 $35,000 $0 $0
2017 $1,576 $29,600 $0 $0
2016 $1,583 $26,800 $0 $0
2015 $1,245 $26,800 $0 $0
2013 -- $23,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Drew Wodarski

    Seller's Agent in 2019

    Drew Wodarski

    Realty Michigan LLC

    (616) 890-8225

    1 in this area

    102 Total Sales

    Drew Wodarski
    Section Image
  • Santiago Gomez

    Buyer's Agent in 2019

    Santiago Gomez

    Santiago Properties LLC

    (616) 337-0564

    1 in this area

    83 Total Sales

    Santiago Gomez
    Section Image

  • B

    Seller's Agent in 2015

    Brian Zeemering

    Equity Harbour

    (616) 443-1602

    Brian Zeemering
    Section Image
  • Andrew Grashuis

    Seller's Agent in 2012

    Andrew Grashuis

    Greenridge Realty (EGR)

    (616) 291-4176

    1 in this area

    131 Total Sales

    Andrew Grashuis
    Section Image
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Map

Source: MichRIC

MLS Number: 19026233

MichRIC

APN: 41-13-26-476-026

Michigan Kent County Grand Rapids 49504 SWAN

927 Butterworth St SW, Grand Rapids, MI

Not Listed for Sale

MultiFamily

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