NOT LISTED FOR SALE

942 Prospect Ave NE Grand Rapids, MI 49503

Belknap Lookout Neighborhood

Estimated Value: $242,264 - $311,000

4 Beds
2 Baths
-- Sq Ft
7,581 Sq Ft Lot

Last Sold May 20, 2022

Last sale price $180,000

Est. 47% increase in value since last sale

Current estimated payment $1,777/month

26 Days on Market

About This Home

As of May 2022

Lower: Lr, Dr, Kit/EA, 2 Bds, Bath w/Laundry. Rent: $944
Upper: Lr. Kit/EA, 2 Bds, Bath. Rent: Vacant
Lower apt has laundry in Bath. Upper unit is freshly decorated and ready for a new tenant. Upper has large deck in rear.
Off-street parking for four cars; 2 in driveway, and 2 off alley.
24 Hr. Notice please for tenant in lower unit. No Sunday showings.

Last Agent to Sell the Property

Anthony DeBartolo

DeBartolo Realty - I License #6502353236 Listed on: 03/23/2022

Last Buyer's Agent

Liem Nguyen

Anchor Realty LLC License #6501308990

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1890

Lot Details

  • 7,581

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 7,581 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,500

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: 189900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Wall Furnace, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7581.0
  • Zoning Description: multi
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1500.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2024
Sold by
Mecano Liton S and Beltran Rhoda V
Bought by
Ligaya Llc
Current Estimated Value
$265,316

Purchase Details

Listed on
Mar 23, 2022
Closed on
May 20, 2022
Sold by
James Loftus
Bought by
Mecano Liton and Beltran Rhoda
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Liem Nguyen
Anchor Realty LLC
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%
Original Mortgage
$135,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2008
Sold by
Trott & Trott Pc
Bought by
Loftus James

Purchase Details

Closed on
Feb 29, 2008
Sold by
Ryan Lorri J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 11, 2008
Sold by
Chase Home Finance Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 2, 2008
Sold by
Ryan Lorri J
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Feb 18, 1999
Sold by
Vnfrw Vnfrw B B and Vnfrw Jensen J
Bought by
Jensen Jensen J and Jensen B

Purchase Details

Closed on
Nov 2, 1995
Sold by
Hoskins Hoskins M M and Hoskins Vanfarowe
Bought by
Loftus Vanfarowe and Loftus James

Purchase Details

Closed on
Sep 9, 1994

Purchase Details

Closed on
Aug 1, 1994
Sold by
Bono Bono C C and Bono Scheuneman K
Bought by
Loftus James

Purchase Details

Closed on
Jun 30, 1994

Purchase Details

Closed on
Jan 12, 1993
Sold by
Vanfarowe Vanfarowe B B and Vanfarowe Scheunem
Bought by
Loftus James

Purchase Details

Closed on
Sep 25, 1987

Purchase Details

Closed on
Jan 12, 1983
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
Ligaya Llc -- None Listed On Document
Mecano Liton $180,000 None Listed On Document
Loftus James $21,000 Warranty Title Agency Llc
Federal National Mortgage Association $1,500 None Available
Federal National Mortgage Association -- None Available
Chase Home Finance Llc $59,027 None Available
Jensen Jensen J $34,900 --
Loftus Vanfarowe -- --
-- -- --
Loftus James -- --
-- -- --
Loftus James $19,000 --
-- $25,000 --
-- $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mecano Liton $135,000
Previous Owner Loftus James $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $180,000 -5.2% --
04/18/2022 04/18/22 Pending -- -- --
04/07/2022 04/07/22 Price Changed $189,900 -5.0% --
03/23/2022 03/23/22 For Sale $199,900 -- --
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 $4,007 $103,500 $0 $0
2024 $4,007 $89,200 $0 $0
2023 $3,867 $76,500 $0 $0
2022 $958 $67,600 $0 $0
2021 $933 $60,700 $0 $0
2020 $902 $55,000 $0 $0
2019 $923 $46,500 $0 $0
2018 $895 $37,600 $0 $0
2017 $873 $18,000 $0 $0
2016 $878 $16,800 $0 $0
2015 $836 $16,800 $0 $0
2013 -- $17,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Anthony DeBartolo

    DeBartolo Realty - I

    Section Image

  • L

    Buyer's Agent in 2022

    Liem Nguyen

    Anchor Realty LLC

    (616) 318-8325

    1 in this area

    40 Total Sales

    Liem Nguyen
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22009297

Southwestern Michigan Association of REALTORS®

APN: 41-14-19-179-026

Michigan Kent County Grand Rapids 49503 Belknap Lookout

942 Prospect Ave NE, Grand Rapids, MI

This home is located at 942 Prospect Ave NE, Grand Rapids, MI 49503 since 23 March 2022 and is currently estimated at $265,316. This property was built in 1890. 942 Prospect Ave NE is a home located in Kent County with nearby schools including East Leonard Elementary School, Riverside 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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