NOT LISTED FOR SALE

99 Luton Ave SE Grand Rapids, MI 49506

East Hills Neighborhood

Estimated Value: $378,930 - $436,000

-- Bed
-- Bath
-- Sq Ft
5,619 Sq Ft Lot

Last Sold October 29, 2020

Last sale price $290,000

Est. 43% increase in value since last sale

Current estimated payment $2,925/month

4 Days on Market

About This Home

As of October 2020

Well maintained and spacious two unit located in the desirable East Hills neighborhood. Each unit features large living spaces, hardwood floors, fireplace, updated kitchens, full bathroom and two bedrooms. Shared lower level provides additional storage and laundry area. Two car garage and large driveway. Certified through 5/2023. Roof (2013).

Last Agent to Sell the Property

Bridget Eklund

B Home & Co. License #6502432172 Listed on: 09/24/2020

Last Buyer's Agent

Josh Smith

Josh Company, LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,157

Year Built

  • Built in 1928

Lot Details

  • 5,619 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,157

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1928
  • 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: Wall Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5619.0
  • Zoning Description: 0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3157.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Oct 29, 2020
Sold by
Monsrna Martin S
Bought by
Four Green Houses Llc
Seller's Agent
Bridget Eklund
B Home & Co.
Buyer's Agent
Josh Smith
Josh Company, LLC
List Price
$275,000
Sold Price
$290,000
Premium/Discount to List
$15,000
5.45%
Total Days on Market
4
Current Estimated Value
$415,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,233
Avg. Annual Appreciation
8.82%
Original Mortgage
$464,000
Outstanding Balance
$421,920
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$6,625

Purchase Details

Closed on
Oct 29, 1998
Sold by
Terpsma Terpsma C C and Terpsma Monsma M
Bought by
Monsma Monsma M and Monsma Martin S

Purchase Details

Closed on
Oct 11, 1993
Source: Public Records

Range of Values:

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Average Value
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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
Four Green Houses Llc $290,000 None Available
Monsma Monsma M $77,200 --
-- $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Four Green Houses Llc $464,000
Previous Owner Monsma Martin S $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $290,000 +5.5% --
09/28/2020 09/28/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $275,000 -- --
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
2024 $7,238 $177,700 $0 $0
2023 $6,919 $148,300 $0 $0
2022 $6,824 $134,900 $0 $0
2021 $6,649 $127,400 $0 $0
2020 $3,057 $122,000 $0 $0
2019 $3,130 $109,600 $0 $0
2018 $3,035 $103,700 $0 $0
2017 $2,960 $77,900 $0 $0
2016 $2,975 $77,600 $0 $0
2015 $2,834 $77,600 $0 $0
2013 -- $65,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bridget Eklund

    Seller's Agent in 2020

    Bridget Eklund

    B Home & Co.

    (616) 469-8457

    2 in this area

    115 Total Sales

    Bridget Eklund
    Section Image

  • J

    Buyer's Agent in 2020

    Josh Smith

    Josh Company, LLC

    (616) 299-8541

    2 in this area

    19 Total Sales

    Josh Smith
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20039967

Southwestern Michigan Association of REALTORS®

APN: 41-14-29-334-014

Michigan Kent County Grand Rapids 49506 East Hills

99 Luton Ave SE, Grand Rapids, MI

This home is located at 99 Luton Ave SE, Grand Rapids, MI 49506 since 24 September 2020 and is currently estimated at $415,233. This property was built in 1928. 99 Luton Ave SE is a home located in Kent County with nearby schools including Congress Elementary, 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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