NOT LISTED FOR SALE

Estimated Value: $480,000 - $637,000

Studio
1 Bath
-- Sq Ft
2.43 Acre Lot

Sale Details

Date Sold: September 30, 2020

Last sale price $200,000

Est. 164% increase in value since last sale

Current estimated payment $3,315 / mo

18 Days on Market

Highlights

  • 2.43 Acre Lot
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

About This Home

As of September 2020

Income Potential! This is a great opportunity to own a 2 unit income property sits on 2.43 acres within a five minute drive to GVSU! The upstairs unit has 2 bed, 1 bath with a large living room area and full kitchen. The downstairs unit is a large studio with full bath, kitchenette, and separate 10x10 storage area. Both units also have their own laundry.

Ductless minisplit installed in both units for air conditioning. New well point and pump. New carpet to be installed in the next couple weeks. New hardware on kitchen cabinets and matching appliances being installed as well.

Last Agent to Sell the Property

Paul Straub

Five Star Real Estate (Grandv) Listed on: 07/27/2020

Five Star Real Estate (Grandv)

Co-Listed By

Andy Straub

Five Star Real Estate (Grandv) License #6502418569

Last Buyer's Agent

Amanda Knoester

Keller Williams GR East

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,137

Year Built

  • Built in 1990

Lot Details

  • 2.43

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Connected
  • Well
  • Septic System

Additional Features

  • Crawl Space
  • 2.43 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,137

Year Built

Built in 1990

Lot Details

2.43 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 215000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Natural Gas Connected
  • Water Source: Well, Public

Lot Info

  • Lot Size Acres: 2.43
  • Lot Size Area: 2.43
  • Lot Size Sq Ft: 105850.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4137.0
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2023
Sold by
Bought by
Current Estimated Value
$528,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2020
Closed on
Sep 30, 2020
Sold by
Bought by
Seller's Agent
Paul Straub
Five Star Real Estate (Grandv)
Buyer's Agent
Amanda Knoester
Keller Williams GR East
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.00%

Purchase Details

Closed on
Dec 29, 2017
Sold by
Bought by

Purchase Details

Listed on
Mar 10, 2017
Closed on
May 16, 2017
Sold by
Bought by
Seller's Agent
Jeff Blahnik
Five Star Real Estate (Main)
Buyer's Agent
Paul Straub
Bellabay Realty (SW) - I
List Price
$195,000
Sold Price
$175,213
Premium/Discount to List
-$19,787
-10.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.68%
Original Mortgage
$157,500
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 16, 2014
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Allendale, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$450,000 Chicago Title Of Michigan
$200,000 None Available
-- None Available
$175,213 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $223,200
Closed $214,000
Closed $50,000
Closed $160,000
Previous Owner $184,000
Previous Owner $30,000
Previous Owner $157,500
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2020 09/30/20 Sold $200,000 -7.0% --
08/14/2020 08/14/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $215,000 +22.7% --
05/16/2017 05/16/17 Sold $175,213 -10.1% $100 / Sq Ft View Prior Sale
04/03/2017 04/03/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $195,000 -- $111 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,916 $173,800 $0 $0
2025 $4,278 $168,000 $0 $0
2024 $41 $145,600 $0 $0
2023 $3,091 $120,900 $0 $0
2022 $3,389 $103,900 $0 $0
2021 $3,277 $100,200 $0 $0
2020 $4,143 $93,800 $0 $0
2019 $4,062 $86,300 $0 $0
2018 $3,865 $77,900 $0 $0
2017 $950 $76,000 $0 $0
2016 $912 $68,500 $0 $0
2015 -- $63,200 $0 $0
2014 -- $61,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 20027047

MichRIC

APN: 70-09-34-400-068

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