NOT LISTED FOR SALE

Estimated Value: $292,000 - $330,000

-- Bed
-- Bath
-- Sq Ft
4,822 Sq Ft Lot

Last Sold November 18, 2022

Last sale price $276,000

Est. 13% increase in value since last sale

Current estimated payment $2,105/month

8 Days on Market

About This Home

As of November 2022

Fantastic investment opportunity! Two family home on the NW side vacant, and move-in ready. Would be a perfect option for an owner occupant. Both Units are two bedrooms, one full bath with hardwood floors, living room, and designated dining room. The original character and charm remains throughout the home with many updates. Private front and back entrance to each unit. Separate furnace, water heater, washer & dryer, and electric for each unit. Plenty of off street parking. All appliances stay, possession at close.***Multiple offers received, highest & best due by 5:00pm Wednesday 10/26***

Last Agent to Sell the Property

Courtney Clement

616 Realty LLC License #6501390075 Listed on: 10/22/2022

616 Realty LLC

Last Buyer's Agent

Deborah Ables

616 Realty LLC License #6501407751

616 Realty LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,407

Year Built

  • Built in 1917

Lot Details

  • 4,822 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Window Unit Heating System
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,407

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • List Price: 275000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4822.0
  • Zoning Description: RES - Improved
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2407.24
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2022
Closed on
Dec 22, 2022
Sold by
Newton Deanne
Bought by
Powers Duplex Llc
Seller's Agent
Courtney Clement
616 Realty LLC
Buyer's Agent
Deborah Ables
616 Realty LLC
List Price
$275,000
Sold Price
$276,000
Premium/Discount to List
$1,000
0.36%
Views
11
Current Estimated Value
$311,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,086
Avg. Annual Appreciation
4.26%
Original Mortgage
$101,000
Outstanding Balance
$97,862
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$213,224

Purchase Details

Listed on
Oct 22, 2022
Closed on
Nov 18, 2022
Sold by
Piirala Phillip J
Bought by
Newton Deanne and Newton Sandon
Seller's Agent
Courtney Clement
616 Realty LLC
Buyer's Agent
Deborah Ables
616 Realty LLC
List Price
$275,000
Sold Price
$276,000
Premium/Discount to List
$1,000
0.36%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Outstanding Balance
$97,862
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$213,224

Purchase Details

Listed on
Aug 27, 2015
Closed on
Mar 8, 2016
Sold by
Kent County Land Bank Authority
Bought by
Piirala Phillip J
Seller's Agent
Daniel Sippel
Keller Williams GR East
Buyer's Agent
Courtney Clement
616 Realty LLC
List Price
$55,800
Sold Price
$75,000
Premium/Discount to List
$19,200
34.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.47%
Original Mortgage
$124,208
Interest Rate
3.79%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 2015
Sold by
Kent County Treasurer
Bought by
The City Of Grand Rapids

Purchase Details

Closed on
Jul 14, 2015
Sold by
City Of Grand Rapids
Bought by
Kent County Land Bank Authority

Purchase Details

Closed on
Oct 15, 1998
Sold by
Hudson Thomas J
Bought by
Lin Dong Yang Li Jin and Lin Dong

Purchase Details

Closed on
May 20, 1991
Sold by
Rdsplr Rdsplr A A and Rdsplr Hudson T
Bought by
Lin Dong

Purchase Details

Closed on
May 19, 1991
Sold by
Radspieler Radspieler A A and Radspieler Hudsn T
Bought by
Lin Dong

Purchase Details

Closed on
Nov 3, 1989

Purchase Details

Closed on
Oct 25, 1989
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Powers Duplex Llc -- --
Newton Deanne $276,000 --
Piirala Phillip J $75,000 Sun Title Agency Of Mi Llc
The City Of Grand Rapids $832,610 None Available
Kent County Land Bank Authority $832,610 None Available
Lin Dong Yang Li Jin $68,800 --
Lin Dong $63,500 --
Lin Dong -- --
-- $58,400 --
-- $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newton Deanne $101,000
Previous Owner Piirala Phillip J $124,208
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $276,000 +0.4% --
10/30/2022 10/30/22 Pending -- -- --
10/22/2022 10/22/22 For Sale $275,000 +266.7% --
03/08/2016 03/08/16 Sold $75,000 +34.4% --
09/22/2015 09/22/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $55,800 -- --
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 $5,469 $128,200 $0 $0
2024 $5,469 $116,200 $0 $0
2023 $5,322 $104,400 $0 $0
2022 $2,471 $88,600 $0 $0
2021 $2,407 $79,200 $0 $0
2020 $2,327 $69,900 $0 $0
2019 $2,382 $55,400 $0 $0
2018 $2,309 $45,700 $0 $0
2017 $2,579 $0 $0 $0
2016 -- $35,800 $0 $0
2015 $3,392 $35,800 $0 $0
2013 -- $35,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22045195

Southwestern Michigan Association of REALTORS®

APN: 41-13-23-252-012