NOT LISTED FOR SALE

932 5th St NW Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $258,050 - $327,000

-- Bed
2 Baths
-- Sq Ft
5,612 Sq Ft Lot

Last Sold February 20, 2018

Last sale price $165,000

Est. 76% increase in value since last sale

Current estimated payment $1,788/month

1 Day on Market

About This Home

As of February 2018

Great two family in excellent condition. 2 bedroom 1 bath in each unit. Separate utilities. Lots of natural woodwork. Newer kitchens and bathrooms. 2 stall garage is a huge plus. Unit had a fire at one time and was totally rebuilt. Ease of access to 96. Walking distance to stores and restaurants.

Last Agent to Sell the Property

Robin Maslowski

616 Realty LLC License #6501246000 Listed on: 01/03/2018

616 Realty LLC

Last Buyer's Agent

Allison Koetsier

Compass Realty Services License #6502378425

Compass Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,543

Year Built

  • Built in 1915

Lot Details

  • 5,612 Sq Ft Lot
  • Lot Dimensions are 46x122

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,543

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1915
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 46x122
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1543.11
  • Tax Info:Zoning3: Res 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
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 180000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5612.0
  • Zoning Description: Res Multi
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1543.11
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2018
Closed on
Feb 20, 2018
Sold by
Walkington Michael L
Bought by
Parkanzky Paul
Seller's Agent
Robin Maslowski
616 Realty LLC
Buyer's Agent
Allison Koetsier
Compass Realty Services
List Price
$180,000
Sold Price
$165,000
Premium/Discount to List
-$15,000
-8.33%
Current Estimated Value
$290,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,513
Avg. Annual Appreciation
7.72%
Original Mortgage
$132,000
Outstanding Balance
$111,792
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$178,721

Purchase Details

Closed on
Jun 7, 1996
Sold by
Ritter Ritter T T and Walkington Ritter
Bought by
Walkington Walkington and Walkington Michael

Purchase Details

Closed on
Nov 26, 1990
Sold by
Baron Baron W W and Baron Ritter T
Bought by
Walkington Michael

Purchase Details

Closed on
Jul 17, 1979
Sold by
Baron Baron A A and Baron W
Bought by
Walkington Michael
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
Parkanzky Paul $165,000 None Available
Walkington Walkington $65,000 --
Walkington Michael $48,500 --
Walkington Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parkanzky Paul $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2018 02/20/18 Sold $165,000 -8.3% --
01/04/2018 01/04/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $180,000 -- --
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 $2,888 $117,900 $0 $0
2024 $2,888 $103,300 $0 $0
2023 $2,865 $92,300 $0 $0
2022 $2,723 $76,900 $0 $0
2021 $2,653 $68,800 $0 $0
2020 $2,564 $61,300 $0 $0
2019 $2,178 $49,200 $0 $0
2018 $1,310 $41,300 $0 $0
2017 $1,543 $34,800 $0 $0
2016 $1,551 $31,700 $0 $0
2015 $1,478 $31,700 $0 $0
2013 -- $28,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Robin Maslowski

    616 Realty LLC

    (616) 813-1687

    4 in this area

    71 Total Sales

    Robin Maslowski
    Section Image

  • A

    Buyer's Agent in 2018

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    15 in this area

    125 Total Sales

    Allison Koetsier
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17060159

Southwestern Michigan Association of REALTORS®

APN: 41-13-23-432-002

Michigan Kent County Grand Rapids 49504 West Grand

932 5th St NW, Grand Rapids, MI

This home is located at 932 5th St NW, Grand Rapids, MI 49504 since 03 January 2018 and is currently estimated at $290,513. This property was built in 1915. 932 5th St NW is a home located in Kent County with nearby schools including Stocking Elementary, 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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