NOT LISTED FOR SALE

Estimated Value: $194,000 - $239,135

4 Beds
2 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold February 18, 2022

Last sale price $208,000

Est. 4% increase in value since last sale

Current estimated payment $1,502/month

120 Days on Market

Highlights

  • 1 Fireplace
  • High Speed Internet
  • 4-minute walk to S Westnedge Park
  • Forced Air Heating System
  • Wood Siding

About This Home

As of February 2022

Great 2 Unit Income Investment Opportunity In The Historic Vine Area! The Long List Of Improvements In Recent Years Include Updated Electrical, Roof Shingles, Exterior Paint, Updated Kitchens And Baths In Both Units, Security Alarm And More! The Beautiful Original Maple Floors Remain In Both Units. Parking In Back For Six. The Long Term Current Tenants Are Renting Month To Month And Would Like To Continue If Possible. Utilities For Gas And Electric Are Separate And Paid By Tenants. Owner Has Been Paying For Water/Garbage. Call Ron Mallernee At 269.209.8027 Or Laurie Paul At 269.317.2324 To Visit!

Last Agent to Sell the Property

Ron Mallernee

Homestyle Realty License #6502365623 Listed on: 09/21/2021

Co-Listed By

Laurinda Mallernee

Homestyle Realty License #6502365633

Last Buyer's Agent

Connor Anderson

ReSIDE Grand Rapids License #6506049133

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,021

Year Built

  • Built in 1885

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 24 x 165

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Partial Basement

Parking

  • 6 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,021

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
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 110.35
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 24 X 165
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2021.0
  • Tax Info:Zoning3: 401 Residential
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Extras:Sep Gas Meter: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Broadband
  • Fireplaces: 1
  • Basement: Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 224900.0
  • 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

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 24 X 165
  • Lot Size Sq Ft: 3920.0
  • Zoning Description: 401 Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2021.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Feb 18, 2022
Sold by
Arc Rentals Llc
Bought by
Wisniewski Joseph and Bolding Robert W
Seller's Agent
Ron Mallernee
Homestyle Realty
Buyer's Agent
Connor Anderson
ReSIDE Grand Rapids
List Price
$224,900
Sold Price
$208,000
Premium/Discount to List
-$16,900
-7.51%
Current Estimated Value
$215,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,784
Avg. Annual Appreciation
0.97%
Original Mortgage
$156,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2009
Sold by
Fifth Third Mortgage Company
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 5, 2009
Sold by
Davis Glenn
Bought by
Fifth Third Mortgage Company

Purchase Details

Closed on
Feb 10, 2004
Sold by
Kooda David E and Kooda Kathleen
Bought by
Davis Glenn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,600
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wisniewski Joseph $208,000 None Listed On Document
Federal National Mortgage Association -- None Available
Fifth Third Mortgage Company $82,911 None Available
Davis Glenn C $26,500 Title Bond
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wisniewski Joseph $156,000
Previous Owner Davis Glenn C $68,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2022 02/18/22 Sold $208,000 -7.5% --
01/19/2022 01/19/22 Pending -- -- --
09/21/2021 09/21/21 For Sale $224,900 -- --
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 $4,389 $76,000 $0 $0
2024 $1,819 $69,000 $0 $0
2023 $1,856 $60,600 $0 $0
2022 $2,118 $51,800 $0 $0
2021 $2,047 $47,300 $0 $0
2020 $2,248 $42,500 $0 $0
2019 $1,828 $35,800 $0 $0
2018 $1,786 $30,900 $0 $0
2017 $2,070 $29,400 $0 $0
2016 $2,070 $26,600 $0 $0
2015 $2,070 $26,700 $0 $0
2014 $2,070 $25,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21106991

MichRIC

APN: 06-22-166-011