NOT LISTED FOR SALE

967 Eastern Ave SE Grand Rapids, MI 49507

Madison Area Neighborhood

Estimated Value: $191,000 - $219,000

-- Bed
-- Bath
-- Sq Ft
5,837 Sq Ft Lot

Last Sold January 14, 2022

Last sale price $137,100

Est. 48% increase in value since last sale

Current estimated payment $1,411/month

72 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • 3-minute walk to Alexander Park

About This Home

As of January 2022

This two family house can be converted to a single family. It has an upper with a kitchen open to the living room dining area, two bedrooms and bath. The lower unit has an open living room dining room with a separate kitchen, two bedrooms and bath. Both units pay separate utilities. The lower unit has a newer water heater and a newer energy efficient furnace. The Seller is getting out of the business and is selling As-Is. The repairs appear to be cosmetic and general wear and tear. There is a Certificate of Compliance good to 12/17/2025. The long time tenant downstairs is month to month. The upper is vacant. The driveway can accommodate off street parking for more than one car.

Last Agent to Sell the Property

Melvin Fountain

Coldwell Banker Schmidt Realtors License #6501184321 Listed on: 12/25/2021

Coldwell Banker Schmidt Realtors

Last Buyer's Agent

William 'Duke' Gray

EXP Realty (Grand Rapids) License #6506048115

EXP Realty (Grand Rapids)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,337

Year Built

  • Built in 1905

Lot Details

  • 5,837 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,337

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 135000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5837.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1336.79
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 25, 2021
Closed on
Jan 14, 2022
Sold by
Charles Garel
Bought by
Ayala-Marti Reynaldo
Seller's Agent
Melvin Fountain
Coldwell Banker Schmidt Realtors
Buyer's Agent
William 'Duke' Gray
EXP Realty (Grand Rapids)
Sold Price
$137,100
Current Estimated Value
$203,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,489
Avg. Annual Appreciation
10.75%
Original Mortgage
$134,616
Outstanding Balance
$125,237
Interest Rate
3.22%
Mortgage Type
FHA
Estimated Equity
$72,372

Purchase Details

Closed on
Sep 18, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Garel Charles

Purchase Details

Closed on
Aug 21, 2008
Sold by
Chase Home Finance Llc
Bought by
Hud

Purchase Details

Closed on
Jan 16, 2008
Sold by
Gomez Hilario P
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Jul 30, 2004
Sold by
Vantubergen John and Vantubergen Mary Lee
Bought by
Gomez Hilario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,446
Interest Rate
5.93%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 1998
Sold by
Gdfry Gdfry R R and Gdfry Vntbrgen J
Bought by
Garel Vntbrgen J and Garel Charles

Purchase Details

Closed on
Apr 30, 1994
Sold by
Godfrey Godfrey S S and Godfrey R
Bought by
Garel Charles
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
Ayala-Marti Reynaldo $137,100 Chicago Title
Garel Charles $7,500 None Available
Hud -- None Available
Chase Home Finance Llc $72,577 None Available
Gomez Hilario $70,000 Chicago Title
Garel Vntbrgen J $37,000 --
Garel Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayala-Marti Reynaldo $134,616
Previous Owner Gomez Hilario P $70,487
Previous Owner Gomez Hilario $69,446
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $137,100 -11.5% --
12/25/2021 12/25/21 For Sale -- -- --
12/24/2021 12/24/21 Pending -- -- --
12/18/2021 12/18/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $155,000 -- --
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 $3,567 $87,100 $0 $0
2024 $3,567 $78,900 $0 $0
2023 $2,791 $68,100 $0 $0
2022 $1,099 $57,100 $0 $0
2021 $1,298 $51,900 $0 $0
2020 $1,255 $44,800 $0 $0
2019 $1,285 $38,300 $0 $0
2018 $1,246 $32,200 $0 $0
2017 $1,215 $27,300 $0 $0
2016 $1,221 $24,400 $0 $0
2015 $1,163 $24,400 $0 $0
2013 -- $24,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Melvin Fountain

    Coldwell Banker Schmidt Realtors

    (616) 340-4620

    3 in this area

    26 Total Sales

    Section Image
  • William 'Duke' Gray

    Buyer's Agent in 2022

    William 'Duke' Gray

    EXP Realty (Grand Rapids)

    (616) 862-1713

    2 in this area

    87 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21110461

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-433-059

Michigan Kent County Grand Rapids 49507 Madison Area

967 Eastern Ave SE, Grand Rapids, MI

This home is located at 967 Eastern Ave SE, Grand Rapids, MI 49507 since 25 December 2021 and is currently estimated at $203,268. This property was built in 1905. 967 Eastern Ave SE is a home located in Kent County with nearby schools including Campus Elementary School, 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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