NOT LISTED FOR SALE

Estimated Value: $262,000 - $341,340

4 Beds
2 Baths
-- Sq Ft
5,837 Sq Ft Lot

Last Sold March 27, 2023

Last sale price $281,000

Est. 7% increase in value since last sale

Current estimated payment $1,974/month

4 Days on Market

About This Home

As of March 2023

Welcome to this fully renovated duplex in the Baxter neighborhood of Grand Rapids. Looking for a house hack opportunity or rental to add to your portfolio? Both the upper (2bed 1 bath) & lower (2-3bed 1 bath) units are vacant. New owner can bring in renters under their own lease agreements, Floors have settled (expected in a home 100+ yrs old in GR). The foundation has passed inspection. A quote to raise a portion of the floor is available if this is of interest to new owner. Rebuilt from the studs out over the past 2.5 years. New: roof (full replacement), electrical panels (1 per unit), water heaters (1 per unit), high efficiency furnaces & ductwork on separate meters, drywall, paint, plumbing, & flooring. Baths incl. a new vanity, toilet, & shower surround. Permits were pulled & passed (see docs). The previous owner disclosed "newer" siding, windows, & doors. Home is currently Homesteaded at 50%. Located 0.6 miles from Wealthy Street - home to dozens of local businesses, shops, restaurants, & bars. Located within 3 miles from several area colleges. Convenient highway access to US-131 Franklin / M.L.K Jr. St exit. The Rapid bus route 2 stops w/in 1 block; route 4 stops w/in 2 blocks. Seller has directed listing agent to hold all offers until Mon, Feb. 27th at noon. Showings begin Thu. 02/23 at 1:00pm.
Buyer and Buyer's agent to verify information, intended use, and ability to rent.

Last Agent to Sell the Property

Kellie Kalish

Engel and Volkers Shoreline - I Listed on: 02/23/2023

Last Buyer's Agent

Shanna Ax

Engel & Volkers Shoreline License #6506047339

Engel & Volkers Shoreline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,699

Year Built

  • Built in 1895

Lot Details

  • 5,837 Sq Ft Lot
  • Lot Dimensions are 42x139

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Baxter Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,699

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1895
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 42x139
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1698.83
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: No
  • 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:Electric: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Location Property Info:Subdivision2: Baxter
  • Substructure:Michigan Basement: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • List Price: 260000.0
  • 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
  • Exterior Material:Brick: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Public Sewer Available, Electric Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 42x139
  • Lot Size Sq Ft: 5837.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1698.83
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Mar 27, 2023
Sold by
Walmsley Jason Fields
Bought by
Lake Taylor J
Seller's Agent
Kellie Kalish
Engel and Volkers Shoreline - I
Buyer's Agent
Shanna Ax
Engel & Volkers Shoreline
List Price
$260,000
Sold Price
$281,000
Premium/Discount to List
$21,000
8.08%
Total Days on Market
4
Views
46
Current Estimated Value
$299,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,335
Avg. Annual Appreciation
-0.06%
Original Mortgage
$224,800
Outstanding Balance
$218,953
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$61,632

Purchase Details

Listed on
Jul 23, 2020
Closed on
Aug 27, 2020
Sold by
U & I Asset Group Llc
Bought by
Walmsley Jason Feidls
Seller's Agent
Mark Krier
616Homes.com LLC
Buyer's Agent
Kyle Ripley
Moving Grace Realty LLC - I
List Price
$99,900
Sold Price
$89,900
Premium/Discount to List
-$10,000
-10.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.54%

Purchase Details

Listed on
May 16, 2019
Closed on
Jun 10, 2019
Sold by
Spitzley Group Llc
Bought by
U & I Asset Llc
Seller's Agent
Patrick Spitzley
Shor Homes LLC
Buyer's Agent
JaMichael Jackson
Key Realty
List Price
$79,900
Sold Price
$66,300
Premium/Discount to List
-$13,600
-17.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.35%

Purchase Details

Closed on
Sep 15, 2017
Sold by
Boyd Robert
Bought by
Spitzley Group Llc

Purchase Details

Closed on
Jan 12, 2012
Sold by
Boyd Shannana
Bought by
Boyd Robert

Purchase Details

Closed on
Oct 19, 2010
Sold by
Parrish Kenneth D
Bought by
Eerdmans Kenneth

Purchase Details

Closed on
Apr 28, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Mda Fund Viii Llc

Purchase Details

Closed on
Feb 6, 2008
Sold by
James Mark T and James Tamara D
Bought by
Deutsche Bank National Trust Co and Ameriquest Mortgage Securities Inc Asset

Purchase Details

Closed on
Oct 9, 2002
Sold by
James Mark T
Bought by
James Mark T and James Tamara D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
10.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 1997
Sold by
James James M M and James T
Bought by
Boyd Robert

Purchase Details

Closed on
Dec 16, 1995
Sold by
Dean Dean E E and Dean James M
Bought by
Boyd James M and Boyd Robert

Purchase Details

Closed on
Dec 21, 1990
Sold by
Pilgrim Mnr and Pilgrim Dean E
Bought by
Boyd Robert
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
Lake Taylor J $281,000 Ata National Title Group
Walmsley Jason Fields $89,900 Ata National Title Group
Walmsley Jason Feidls -- None Available
U & I Asset Llc $66,300 Sun Title Agency Of Mi Llc
Spitzley Group Llc -- Sun Title Agnecy Of Michigan
Boyd Robert -- None Available
Eerdmans Kenneth $900 None Available
Mda Fund Viii Llc $2,272 None Available
Deutsche Bank National Trust Co $63,679 None Available
James Mark T -- Michigan Title Company
Boyd Robert -- --
Boyd James M $10,000 --
Boyd Robert $6,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lake Taylor J $224,800
Previous Owner James Mark T $59,500
Closed Walmsley Jason Feidls $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $281,000 +8.1% --
02/27/2023 02/27/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $260,000 +189.2% --
08/27/2020 08/27/20 Sold $89,900 -10.0% $54 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $99,900 +50.7% $59 / Sq Ft
06/10/2019 06/10/19 Sold $66,300 -17.0% $39 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $79,900 -- $48 / Sq Ft
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 $4,719 $99,500 $0 $0
2024 $4,719 $94,600 $0 $0
2023 $1,771 $50,500 $0 $0
2022 $1,683 $42,300 $0 $0
2021 $1,296 $38,100 $0 $0
2020 $1,708 $33,400 $0 $0
2019 $1,289 $27,800 $0 $0
2018 $1,250 $23,600 $0 $0
2017 $877 $19,700 $0 $0
2016 $882 $17,500 $0 $0
2015 $723 $17,500 $0 $0
2013 -- $13,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23005375

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-182-005