NOT LISTED FOR SALE

946 Sigsbee St SE Grand Rapids, MI 49506

Baxter Neighborhood

Estimated Value: $243,223 - $352,000

-- Bed
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Last Sold March 17, 2021

Last sale price $178,000

Est. 48% increase in value since last sale

Current estimated payment $1,736/month

37 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 3-minute walk to Joe Taylor Park

About This Home

As of March 2021

Excellent income property in highly desirable area. Units leased through Feb 2021 & April 2021. Both tenants would like to renew leases. Excellent cash flow. Professionally managed. Turn key investment opportunity. May be combined with 114 Packard, Grand Rapids.

Last Agent to Sell the Property

Derek Wissner

Callander Commercial License #6506048809 Listed on: 12/14/2020

Last Buyer's Agent

Mindy Cartwright

Greenridge Realty (EGR) License #6501427030

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,470

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 1 Parking Space

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, water, trash collection, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,470

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Other

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 225000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1470.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2020
Closed on
Mar 9, 2021
Sold by
Quest Trust Company
Bought by
946 Sigsbee Llc
Seller's Agent
Derek Wissner
Callander Commercial
Buyer's Agent
Mindy Cartwright
Greenridge Realty (EGR)
List Price
$225,000
Sold Price
$178,000
Premium/Discount to List
-$47,000
-20.89%
Current Estimated Value
$264,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,176
Avg. Annual Appreciation
9.32%
Original Mortgage
$142,400
Outstanding Balance
$128,519
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$135,193

Purchase Details

Listed on
Apr 11, 2014
Closed on
May 14, 2014
Sold by
Pbg Enterprises Llc
Bought by
Quest Ira Inc and Terri J Roeder Ira #1518611
Seller's Agent
Scott Myhre
Leading Edge Realty LLC
Buyer's Agent
Dan Steffee
Green Crown Real Estate LLC
List Price
$69,900
Sold Price
$62,000
Premium/Discount to List
-$7,900
-11.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.64%

Purchase Details

Closed on
Nov 8, 2006
Sold by
Brown Cathy and Brown Shaun
Bought by
Deutsche Bank National Trust Co and Argent Securities Inc Asset Backed Pass

Purchase Details

Closed on
Feb 19, 2004
Sold by
Trust #946 Sgigsbee
Bought by
Brown Shaun and Brown Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,800
Interest Rate
8.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2003
Sold by
Brown Shawn and Brown Cathy
Bought by
Blaskis Sharon M

Purchase Details

Closed on
Nov 10, 2002
Sold by
Vanfarowe Brian
Bought by
Brown Shaun and Brown Cathy

Purchase Details

Closed on
Nov 4, 2002
Sold by
Johnson Lloyd and Johnson Sheria
Bought by
Vanfarowe Brian

Purchase Details

Closed on
Nov 7, 2000
Sold by
Oln Oln O O and Oln M
Bought by
Pbg Enterprises Llc

Purchase Details

Closed on
Oct 23, 2000
Sold by
Oln Oln O O and Oln M
Bought by
Johnsn L and Pbg Enterprises Llc

Purchase Details

Closed on
Aug 4, 1999
Sold by
Vldhr Vldhr J J and Vldhr W
Bought by
Pbg Enterprises Llc

Purchase Details

Closed on
Dec 3, 1998
Sold by
Veldheer Veldheer J J and Veldheer W
Bought by
Olsen L and Pbg Enterprises Llc

Purchase Details

Closed on
Mar 21, 1987

Purchase Details

Closed on
May 15, 1984
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
946 Sigsbee Llc $178,000 Chicago Title Of Mi Inc
Quest Ira Inc $62,000 Sun Title Agency Of Mi Llc
Deutsche Bank National Trust Co $81,551 None Available
Brown Shaun -- --
Brown Shaun $62,000 --
Blaskis Sharon M -- --
Brown Shaun -- --
Vanfarowe Brian $74,000 --
Johnson Lloyd $43,377 Prime Title Services Llc
Pbg Enterprises Llc -- --
Johnsn L -- --
Pbg Enterprises Llc -- --
Olsen L $22,000 --
-- $8,000 --
-- $24,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 946 Sigsbee Llc $142,400
Previous Owner Pbg Enterprises Llc $38,963
Previous Owner Brown Shaun $73,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $178,000 -20.9% --
01/20/2021 01/20/21 Pending -- -- --
12/14/2020 12/14/20 For Sale $225,000 +262.9% --
05/14/2014 05/14/14 Sold $62,000 -11.3% --
04/29/2014 04/29/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $69,900 -- --
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 $3,482 $95,300 $0 $0
2024 $3,482 $86,900 $0 $0
2023 $3,633 $76,000 $0 $0
2022 $3,462 $63,300 $0 $0
2021 $1,449 $57,000 $0 $0
2020 $1,401 $48,300 $0 $0
2019 $1,390 $39,500 $0 $0
2018 $1,390 $33,700 $0 $0
2017 $1,356 $28,400 $0 $0
2016 $1,363 $25,400 $0 $0
2015 $1,298 $25,400 $0 $0
2013 -- $27,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Derek Wissner

    Callander Commercial

  • Mindy Cartwright

    Buyer's Agent in 2021

    Mindy Cartwright

    Greenridge Realty (EGR)

    (239) 450-5383

    4 in this area

    24 Total Sales

    Section Image
  • Scott Myhre

    Seller's Agent in 2014

    Scott Myhre

    Leading Edge Realty LLC

    (616) 438-5857

    1 in this area

    10 Total Sales

    Section Image
  • Dan Steffee

    Buyer's Agent in 2014

    Dan Steffee

    Green Crown Real Estate LLC

    (616) 490-4977

    1 in this area

    112 Total Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20050586

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-104-011

Michigan Kent County Grand Rapids 49506 Baxter

946 Sigsbee St SE, Grand Rapids, MI

This home is located at 946 Sigsbee St SE, Grand Rapids, MI 49506 since 14 December 2020 and is currently estimated at $278,056. This property was built in 1900. 946 Sigsbee St SE is a home located in Kent County with nearby schools including Martin Luther King Leadership Academy, 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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