NOT LISTED FOR SALE

940 Mcreynolds Ave NW Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $269,000 - $318,000

-- Bed
-- Bath
-- Sq Ft
4,270 Sq Ft Lot

Last Sold April 13, 2021

Last sale price $220,000

Est. 34% increase in value since last sale

Current estimated payment $2,071/month

4 Days on Market

About This Home

As of April 2021

Incredible turn-key opportunity. Two 3 Bedroom units on the rapidly-developing West Side of Grand Rapids near Downtown businesses, Leonard corridor, Alpine corridor, public transportation and US 131. Features: Interior and exterior lead-free certificates, rental certification, professionally managed, new central air upstairs, separately metered, parking pad for 4 cars, sewer line from street to home replaced, newer roof, siding, HVAC and more. Set up to be a long-term and hassle free investment.

Last Agent to Sell the Property

Peter Bruinsma

Grand River Realty License #6502402583 Listed on: 03/04/2021

Last Buyer's Agent

Jessica Tucker

Keller Williams GR East License #6506046244

Keller Williams GR East

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,568

Year Built

  • Built in 1890

Lot Details

  • 4,270

Parking

  • 4 Parking Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 4,270 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,568

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 200000.0
  • Number of Buildings: 1
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Cable Connected, Telephone Line, Broadband

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4270.0
  • Zoning Description: Residential
  • 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: 1568.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2023
Sold by
Kent Tiffany L and Kent Heath N
Bought by
West Pine Properties
Current Estimated Value
$295,126

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 13, 2021
Sold by
Burmelster Richard F and Burmelster Kristen M
Bought by
Kent Tiffany L and Kent Heath N
Seller's Agent
Peter Bruinsma
Grand River Realty
Buyer's Agent
Jessica Tucker
Keller Williams GR East
List Price
$200,000
Sold Price
$220,000
Premium/Discount to List
$20,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$165,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2013
Sold by
Westside Holdings Llc
Bought by
Nobach Trent T and Nobach Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,404
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2011
Sold by
Burmeister Richard F and Burmeister Kristin
Bought by
Westside Holdings Llc

Purchase Details

Closed on
Aug 30, 2005
Sold by
Westside Holdings Llc
Bought by
Nobach Trent T and Burmeister Richard F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 16, 2004
Sold by
Burmeister Richard F and Nobach Trent T
Bought by
Westside Holdings Llc

Purchase Details

Closed on
Feb 11, 2004
Sold by
Freedom Capital Llc
Bought by
Burmeister Richard F and Nobach Trent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 1997
Sold by
Young Young I I and Young Saladino A
Bought by
Nobach Trent T Amy Etal

Purchase Details

Closed on
Feb 29, 1996
Sold by
Saladino Saladino A A and Saladino Groenke A
Bought by
Nobach Groenke A and Nobach Trent T Amy

Purchase Details

Closed on
Nov 18, 1991
Sold by
Young Young D D and Young I
Bought by
Nobach Trent T Amy Etal

Purchase Details

Closed on
Mar 28, 1991
Sold by
Young Young D D and Young Saladino A
Bought by
Nobach Trent T Amy Etal

Purchase Details

Closed on
Sep 8, 1985

Purchase Details

Closed on
Jan 11, 1980
Source: Public Records

Range of Values:

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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
West Pine Properties -- Grand Rapids Title
Kent Tiffany L $220,000 None Available
Nobach Trent T -- Sun Title Agency Of Mi Llc
Westside Holdings Llc -- None Available
Nobach Trent T -- --
Westside Holdings Llc -- --
Burmeister Richard F $92,000 --
Nobach Trent T Amy Etal $28,100 --
Nobach Groenke A $50,000 --
Nobach Trent T Amy Etal -- --
Nobach Trent T Amy Etal -- --
-- $14,000 --
-- $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kent Tiffany L $165,000
Previous Owner Nobach Trent T $80,404
Previous Owner Nobach Trent T $16,000
Previous Owner Nobach Trent T $94,400
Previous Owner Nobach Trent T $88,000
Previous Owner Burmeister Richard F $82,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold $220,000 +10.0% --
03/08/2021 03/08/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $200,000 -- --
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 $5,553 $122,500 $0 $0
2024 $5,553 $111,300 $0 $0
2023 $4,616 $100,200 $0 $0
2022 $4,387 $84,600 $0 $0
2021 $1,561 $73,600 $0 $0
2020 $1,508 $64,900 $0 $0
2019 $1,544 $51,400 $0 $0
2018 $1,497 $41,200 $0 $0
2017 $1,460 $34,700 $0 $0
2016 $1,468 $31,400 $0 $0
2015 $1,398 $31,400 $0 $0
2013 -- $26,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter Bruinsma

    Seller's Agent in 2021

    Peter Bruinsma

    Grand River Realty

    (616) 293-5731

    7 in this area

    191 Total Sales

    Peter Bruinsma
    Section Image
  • Jessica Tucker

    Buyer's Agent in 2021

    Jessica Tucker

    Keller Williams GR East

    (616) 307-2529

    3 in this area

    148 Total Sales

    Jessica Tucker
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21006377

Southwestern Michigan Association of REALTORS®

APN: 41-13-24-152-005

Michigan Kent County Grand Rapids 49504 West Grand

940 Mcreynolds Ave NW, Grand Rapids, MI

This home is located at 940 Mcreynolds Ave NW, Grand Rapids, MI 49504 since 04 March 2021 and is currently estimated at $295,126. This property was built in 1890. 940 Mcreynolds Ave NW is a home located in Kent County with nearby schools including Westwood Middle School, Union High School, and NexTech 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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