NOT LISTED FOR SALE

931 Alexander St SE Unit 933 Grand Rapids, MI 49507

South East End Neighborhood

Estimated Value: $251,000 - $280,513

4 Beds
2 Baths
-- Sq Ft
5,750 Sq Ft Lot

Last Sold July 19, 2022

Last sale price $264,900

Current estimated payment $1,917/month

7 Days on Market

Highlights

  • 1 Fireplace
  • Wood Siding
  • Gravity Heating System
  • 2 Car Garage

About This Home

As of July 2022

Great opportunity to own this beautifully remodeled 2 unit. Each unit features 2 bedrooms, 1 bath, spacious living room, dining room & are move in ready. Updates include new roof, new windows, new flooring, freshly painted throughout, kitchens & bathrooms have been fully renovated, and new fixtures throughout. Tenant pays their own utilities except water. There are both front & rear entrances to each unit & a 2 stall garage in back. Great investment property & ready to be rented!

Last Agent to Sell the Property

Joshua Williams

Bellabay Realty LLC License #6501417137 Listed on: 05/19/2022

Bellabay Realty LLC

Last Buyer's Agent

Steven Buck

Greenridge Realty (Cascade) License #6501392814

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,571

Year Built

  • Built in 1922

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 44 x 131

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Gravity Heating System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $350
  • Gross Income $9,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,571

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 269900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes

Utilities

  • Heating: Gravity
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Connected, Electricity Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 44 x 131
  • Lot Size Sq Ft: 5750.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 9900.0
  • Insurance Expense: 350.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1570.72
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jul 19, 2022
Sold by
Jw Remodeling Llc
Bought by
Benes Group Holdings Llc
Seller's Agent
Joshua Williams
Bellabay Realty LLC
Buyer's Agent
Steven Buck
Greenridge Realty (Cascade)
List Price
$269,900
Sold Price
$264,900
Premium/Discount to List
-$5,000
-1.85%
Total Days on Market
7
Current Estimated Value
$266,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,150
Avg. Annual Appreciation
0.09%

Purchase Details

Listed on
Mar 31, 2020
Closed on
Apr 28, 2021
Sold by
Imperial Valley Properties Llc
Bought by
Jw Remodeling Llc
Seller's Agent
Robert Brown
Bellabay Realty LLC
Buyer's Agent
Joshua Williams
Bellabay Realty LLC
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
110.91%
Original Mortgage
$94,500
Interest Rate
3.1%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 14, 2018
Sold by
Akaazua Denis
Bought by
Imperial Valley Properties Llc

Purchase Details

Closed on
Mar 6, 2006
Sold by
Akaazua Denis
Bought by
Akaazua Denis and Muemue Akaazua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2000
Bought by
Akaazua D

Purchase Details

Closed on
Feb 10, 1999
Bought by
Garcia C

Purchase Details

Closed on
Feb 20, 1997
Sold by
Post Post T T and Post M
Bought by
Orange D

Purchase Details

Closed on
Jan 10, 1997
Sold by
Post Post T T and Post M
Bought by
Orange D

Purchase Details

Closed on
Dec 27, 1996
Bought by
Orange D
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
Benes Group Holdings Llc $264,900 None Listed On Document
Jw Remodeling Llc $105,000 Lighthouse Title Inc
Imperial Valley Properties Llc $79,000 None Available
Akaazua Denis -- Sun Title Agency Llc
Akaazua D $78,000 --
Garcia C $43,500 --
Orange D $25,000 --
Orange D $30,000 --
Orange D $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jw Remodeling Llc $94,500
Previous Owner Akaazua Denis $108,750
Previous Owner Akaazua Denis $87,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2022 07/19/22 Sold $264,900 -1.9% --
05/26/2022 05/26/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $269,900 +157.0% --
04/23/2021 04/23/21 Sold $105,000 -12.5% --
09/24/2020 09/24/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $120,000 -- --
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 $5,170 $122,800 $0 $0
2024 $5,170 $113,800 $0 $0
2023 $4,942 $98,700 $0 $0
2022 $4,555 $74,500 $0 $0
2021 $1,571 $67,400 $0 $0
2020 $1,518 $57,700 $0 $0
2019 $2,140 $49,200 $0 $0
2018 $1,910 $41,100 $0 $0
2017 $1,788 $34,600 $0 $0
2016 $2,383 $30,600 $0 $0
2015 $2,152 $30,600 $0 $0
2013 -- $30,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22019020

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-309-023