NOT LISTED FOR SALE

941 Baldwin St SE Grand Rapids, MI 49506

East Hills Neighborhood

Estimated Value: $378,000 - $425,000

-- Bed
-- Bath
-- Sq Ft
3,960 Sq Ft Lot

Last Sold June 10, 2016

Last sale price $173,000

Est. 131% increase in value since last sale

Current estimated payment $2,569/month

21 Days on Market

About This Home

As of June 2016

Check out this rare, four unit multifamily property, new on the market. Each unit has one bedroom, one bathroom, and a deck. There is huge potential here, you have to check it out. Call to schedule a showing today!

Last Agent to Sell the Property

David Pena

Homes 28 Listed on: 04/19/2016

Last Buyer's Agent

Santiago Gomez

Santiago Properties LLC License #6502427969

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,076

Year Built

  • Built in 1905

Lot Details

  • 3,960 Sq Ft Lot
  • Lot Dimensions are 45 x 88

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tenant pays for gas
  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,076

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1905
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 45 X 88
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3076.48
  • Tax Info:Zoning3: Residential
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 163200.0
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3960.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3076.48
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2016
Closed on
May 18, 2016
Sold by
Us Bank National Association
Bought by
Eslinger Chris
Seller's Agent
David Pena
Homes 28
Buyer's Agent
Santiago Gomez
Santiago Properties LLC
List Price
$163,200
Sold Price
$173,000
Premium/Discount to List
$9,800
6%
Current Estimated Value
$400,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,185
Avg. Annual Appreciation
8.88%
Original Mortgage
$169,820
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 2015
Sold by
Okoroafo Kanario and Okoroafo Amy
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 23, 2005
Sold by
Hud
Bought by
Okoroafo Kanario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2004
Sold by
Chase Manhattan Mortgage Corp
Bought by
Hud

Purchase Details

Closed on
Feb 11, 2004
Sold by
Berry Eric
Bought by
Chase Manhattan Mortgage Corp

Purchase Details

Closed on
Mar 28, 2001
Sold by
Vantubergen John and Vantubergen Mary Lee
Bought by
Berry Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,050
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 1999
Bought by
Okoroafo Vantubergen and Okoroafo Kanario

Purchase Details

Closed on
Aug 4, 1995
Sold by
Vogel Vogel R R and Vogel Godfrey R
Bought by
Okoroafo Kanario

Purchase Details

Closed on
Apr 10, 1991
Sold by
Vogel Vogel R R and Vogel Colon R
Bought by
Okoroafo Kanario

Purchase Details

Closed on
Jul 17, 1989

Purchase Details

Closed on
Jul 16, 1989
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
Eslinger Chris $173,000 None Available
U S Bank National Association $123,165 Attorney
Okoroafo Kanario $80,000 --
Hud -- --
Chase Manhattan Mortgage Corp $123,773 --
Berry Eric $120,000 --
Okoroafo Vantubergen $70,000 --
Okoroafo Kanario $18,000 --
Okoroafo Kanario $70,000 --
-- $45,000 --
-- $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eslinger Chris $158,489
Closed Eslinger Chris $169,820
Previous Owner Okoroafo Kanario $120,000
Previous Owner Okoroafo Kanario $68,000
Previous Owner Berry Eric $119,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2016 06/10/16 Sold $173,000 +6.0% --
05/10/2016 05/10/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $163,200 -- --
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 $4,714 $179,200 $0 $0
2024 $4,714 $144,900 $0 $0
2023 $4,505 $136,800 $0 $0
2022 $4,274 $139,400 $0 $0
2021 $4,330 $103,400 $0 $0
2020 $4,185 $98,800 $0 $0
2019 $4,285 $89,300 $0 $0
2018 $4,341 $82,400 $0 $0
2017 $4,328 $65,300 $0 $0
2016 $3,229 $70,900 $0 $0
2015 $3,076 $70,900 $0 $0
2013 -- $58,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    David Pena

    Homes 28

    (616) 245-7001

    101 Total Sales

    David Pena
    Section Image
  • Santiago Gomez

    Buyer's Agent in 2016

    Santiago Gomez

    Santiago Properties LLC

    (616) 337-0564

    1 in this area

    88 Total Sales

    Santiago Gomez
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16017408

Southwestern Michigan Association of REALTORS®

APN: 41-14-29-304-017

Michigan Kent County Grand Rapids 49506 East Hills

941 Baldwin St SE, Grand Rapids, MI

This home is located at 941 Baldwin St SE, Grand Rapids, MI 49506 since 19 April 2016 and is currently estimated at $400,185. This property was built in 1905. 941 Baldwin St SE is a home located in Kent County with nearby schools including Congress Elementary, Alger Middle School, and Ottawa Hills 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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