NOT LISTED FOR SALE

938 5th St NW Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $250,000 - $306,000

-- Bed
-- Bath
-- Sq Ft
5,856 Sq Ft Lot

Last Sold November 15, 2021

Last sale price $210,000

Est. 34% increase in value since last sale

Current estimated payment $1,917/month

30 Days on Market

Highlights

  • 1 Fireplace
  • 4 Car Garage
  • Laundry Facilities
  • Forced Air Heating System

About This Home

As of November 2021

2 Family Unit on the NW side of GR. 2 identical units. Each unit offers: Spacious living room, 2 bedrooms, dining room kitchen, w stove and refrigerator and full bathroom, back deck. Separate Utilities, laundry in basement. 2 Stall Garage And Carport. Aluminum Siding. Tenants are month to month. and split water bill.
Leases are attached under documents.
Showings are Wed 5-7pm and Sunday 1-3pm due to tenants work schedule. Appt required. Any offers are due Monday 09-20-21 at Noon.

Last Agent to Sell the Property

Tom Zandee

Five Star Real Estate (M6) License #6501257930 Listed on: 09/14/2021

Five Star Real Estate (M6)

Last Buyer's Agent

Connor Anderson

MOXIE Real Estate + Development License #6506049133

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,838

Year Built

  • Built in 1915

Lot Details

  • 5,856 Sq Ft Lot
  • Lot Dimensions are 48 x 122

Parking

  • 4 Car Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 1 Fireplace

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,838

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: 48 x 122
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1838.0
  • Tax Info:Zoning3: R-3
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full, Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 199000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 48 x 122
  • Lot Size Sq Ft: 5856.0
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1838.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Nov 24, 2021
Sold by
Matthew Richter
Bought by
938 5Th Llc
Seller's Agent
Tom Zandee
Five Star Real Estate (M6)
Buyer's Agent
Connor Anderson
MOXIE Real Estate + Development
List Price
$199,000
Sold Price
$210,000
Premium/Discount to List
$11,000
5.53%
Current Estimated Value
$282,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,190
Avg. Annual Appreciation
7.87%
Original Mortgage
$157,500
Outstanding Balance
$144,322
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$137,868

Purchase Details

Listed on
Sep 14, 2021
Closed on
Nov 15, 2021
Sold by
Dwarshuis Jeffrey D and Dwarshuis Jo Laurie
Bought by
Richter Matthew
Seller's Agent
Tom Zandee
Five Star Real Estate (M6)
Buyer's Agent
Connor Anderson
MOXIE Real Estate + Development
List Price
$199,000
Sold Price
$210,000
Premium/Discount to List
$11,000
5.53%

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
$144,322
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$137,868

Purchase Details

Closed on
Aug 30, 1990
Sold by
Bowhuis Bowhuis M M and Bowhuis Dwarshuis
Bought by
Dwarshuis Jeffrey D

Purchase Details

Closed on
Aug 29, 1990
Sold by
Bowhuis Bowhuis S S and Bowhuis M
Bought by
Dwarshuis Jeffrey D

Purchase Details

Closed on
Apr 25, 1986
Bought by
Dwarshuis Jeffrey D

Purchase Details

Closed on
Jun 24, 1983
Bought by
Dwarshuis Jeffrey 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
938 5Th Llc -- None Listed On Document
Richter Matthew $210,000 Star Title
Dwarshuis Jeffrey D $61,900 --
Dwarshuis Jeffrey D -- --
Dwarshuis Jeffrey D $31,500 --
Dwarshuis Jeffrey D $31,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richter Matthew $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2021 11/15/21 Sold $210,000 +5.5% --
10/14/2021 10/14/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $199,000 -- --
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 $4,978 $137,600 $0 $0
2024 $4,978 $121,400 $0 $0
2023 $4,937 $108,800 $0 $0
2022 $4,693 $90,500 $0 $0
2021 $1,814 $80,900 $0 $0
2020 $1,753 $71,900 $0 $0
2019 $1,795 $57,600 $0 $0
2018 $1,740 $47,600 $0 $0
2017 $1,697 $38,400 $0 $0
2016 $1,706 $35,000 $0 $0
2015 $1,625 $35,000 $0 $0
2013 -- $30,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tom Zandee

    Five Star Real Estate (M6)

    (616) 915-8160

    4 in this area

    242 Total Sales

    Tom Zandee
    Section Image
  • Connor Anderson

    Buyer's Agent in 2021

    Connor Anderson

    MOXIE Real Estate + Development

    (616) 648-6353

    11 in this area

    128 Total Sales

    Connor Anderson
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21105778

Southwestern Michigan Association of REALTORS®

APN: 41-13-23-432-001

Michigan Kent County Grand Rapids 49504 West Grand

938 5th St NW, Grand Rapids, MI

This home is located at 938 5th St NW, Grand Rapids, MI 49504 since 14 September 2021 and is currently estimated at $282,190. This property was built in 1915. 938 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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