NOT LISTED FOR SALE

947 Dayton St SW Grand Rapids, MI 49504

SWAN Neighborhood

Estimated Value: $214,937 - $253,000

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold March 20, 2017

Last sale price $110,000

Est. 110% increase in value since last sale

Current estimated payment $1,378/month

5 Days on Market

About This Home

As of March 2017

Excellent investment opportunity in this two-unit home! Located near the expanding downtown GR, it is on a bus route, and close to GVSU's campus. The upper unit has 2 bedrooms, 1 bath, a recently updated kitchen, and new deck. There are 3 bedrooms, 1 bath downstairs with an enclosed front porch, small deck, and fenced-in back yard. Both units are currently rented, with great cash flow, will provide figures upon request. All appliances stay, City Certified through March of 2019.

Last Agent to Sell the Property

Courtney Clement

ERA Reardon Realty Great Lakes Listed on: 02/10/2017

Last Buyer's Agent

Mike Smallegan

Keller Williams GR North (Downtown) License #6506048009

Keller Williams GR North (Downtown)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,592

Year Built

  • Built in 1932

Lot Details

  • 4,356

Parking

  • 1 Parking Space

Home Design

  • Composition Roof
  • Shingle Siding
  • Vinyl Siding

Utilities

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

Additional Features

  • Michigan Basement
  • 4,356 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,592

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1932
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 33 X 132 FT
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1591.64
  • Tax Info:Zoning3: RES IMP
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: 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
  • Utilities Attached:Telephone Line: Yes
  • Heat Type:Radiant: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Shingle Siding
  • List Price: 99999.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Shingle Siding: Yes

Garage/Parking

  • Total Parking Spaces: 1.0
  • General Property Info:Total Parking Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: RES IMP
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1591.64
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2017
Closed on
Mar 20, 2017
Sold by
Neill Casey O and Neill Anna O
Bought by
Lad Kalpesh P
Seller's Agent
Courtney Clement
ERA Reardon Realty Great Lakes
Buyer's Agent
Mike Smallegan
Keller Williams GR North (Downtown)
List Price
$99,999
Sold Price
$110,000
Premium/Discount to List
$10,001
10%
Current Estimated Value
$231,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,484
Avg. Annual Appreciation
9.09%
Original Mortgage
$82,500
Outstanding Balance
$68,413
Interest Rate
4.17%
Mortgage Type
Commercial
Estimated Equity
$163,071

Purchase Details

Closed on
Feb 4, 2003
Sold by
Jorgensen Laurie and Wisnewski Laurie A
Bought by
Oneill Casey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,750
Interest Rate
5.25%
Mortgage Type
Commercial
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
Lad Kalpesh P $110,000 None Available
Oneill Casey $81,700 Michigan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lad Kalpesh P $82,500
Previous Owner Oneill Casey $60,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2017 03/20/17 Sold $110,000 +10.0% --
02/15/2017 02/15/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $99,999 -- --
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 $1,815 $92,700 $0 $0
2024 $1,815 $76,800 $0 $0
2023 $1,801 $68,000 $0 $0
2022 $1,711 $57,100 $0 $0
2021 $1,667 $50,800 $0 $0
2020 $1,612 $45,000 $0 $0
2019 $1,758 $35,900 $0 $0
2018 $1,600 $30,200 $0 $0
2017 $1,168 $25,600 $0 $0
2016 $1,592 $24,000 $0 $0
2015 $1,219 $24,000 $0 $0
2013 -- $21,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Courtney Clement

    ERA Reardon Realty Great Lakes

  • Mike Smallegan

    Buyer's Agent in 2017

    Mike Smallegan

    Keller Williams GR North (Downtown)

    (616) 439-1062

    14 in this area

    1,218 Total Sales

    Mike Smallegan
    Section Image

  • M

    Buyer's Agent in 2017

    Michael Smallegan

    SVG Real Estate Firm - I

  • T

    Buyer Co-Listing Agent in 2017

    Taryn Slaughter

    Berkshire Hathaway HomeServices Michigan Real Estate

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17005150

Southwestern Michigan Association of REALTORS®

APN: 41-13-26-434-013

Michigan Kent County Grand Rapids 49504 SWAN

947 Dayton St SW, Grand Rapids, MI

This home is located at 947 Dayton St SW, Grand Rapids, MI 49504 since 10 February 2017 and is currently estimated at $231,484. This property was built in 1932. 947 Dayton St SW is a home located in Kent County with nearby schools including Shawmut Hills School, 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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