NOT LISTED FOR SALE

903 Lake Dr SE Grand Rapids, MI 49506

East Hills Neighborhood

Estimated Value: $395,000 - $497,945

-- Bed
2 Baths
-- Sq Ft
9,322 Sq Ft Lot

Last Sold March 31, 2015

Last sale price $111,112

Est. 321% increase in value since last sale

Current estimated payment $3,109/month

4 Days on Market

Highlights

  • Corner Lot: Yes
  • 2 Car Garage
  • 4-minute walk to Cherry Park
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of March 2015

Spacious Multi Family located in a great area! Home will need some TLC but apears to have separate mechanicals. Units are large and still have original mouldings and believe there are hardwood floors throughout.

Last Agent to Sell the Property

Keith King

Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6501298293 Listed on: 02/06/2015

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Last Buyer's Agent

Michael Basinski

Icon Realty Group LLC License #6501373922

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,296

Year Built

  • Built in 1875

Lot Details

  • Lot Dimensions are 87 x 99 x 82 x 127
  • Corner Lot: Yes

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,296

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1875
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 87 x 99 x 82 x 127
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2296.0
  • Tax Info:Zoning3: Res Multi Famil
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Broadband: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Walk Out: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Walk Out

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 100000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected, Broadband

Lot Info

  • Zoning Description: Res Multi Famil
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2296.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2016
Sold by
Hoogstra Eric and Hoogstra Ranae
Bought by
H4 Solutions Llc
Current Estimated Value
$467,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Outstanding Balance
$999,375
Interest Rate
3.71%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$532,139

Purchase Details

Listed on
Feb 6, 2015
Closed on
Mar 31, 2015
Sold by
Estate Of Carole J Blum
Bought by
Hoogstra Eric
Seller's Agent
Keith King
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Buyer's Agent
Michael Basinski
Icon Realty Group LLC
List Price
$100,000
Sold Price
$111,112
Premium/Discount to List
$11,112
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.78%
Original Mortgage
$175,000
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 17, 1992

Purchase Details

Closed on
Oct 26, 1990
Sold by
Martz Martz R R and Martz Comerica
Bought by
Blum Carole J

Purchase Details

Closed on
Oct 8, 1985
Bought by
Blum Carole J
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
H4 Solutions Llc -- None Available
Hoogstra Eric $111,112 Bell Title Agency
-- $28,000 --
Blum Carole J -- --
Blum Carole J $20,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open H4 Solutions Llc $1,250,000
Previous Owner Hoogstra Eric $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $111,112 +11.1% --
02/10/2015 02/10/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $100,000 -- --
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 $6,813 $249,200 $0 $0
2024 $6,813 $225,500 $0 $0
2023 $6,758 $187,900 $0 $0
2022 $6,423 $170,600 $0 $0
2021 $6,258 $160,700 $0 $0
2020 $6,048 $157,100 $0 $0
2019 $6,193 $141,000 $0 $0
2018 $6,003 $130,900 $0 $0
2017 $5,856 $76,600 $0 $0
2016 $4,098 $78,300 $0 $0
2015 $2,337 $78,300 $0 $0
2013 -- $68,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Keith King

    Seller's Agent in 2015

    Keith King

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (616) 437-2297

    203 Total Sales

    Keith King
    Section Image

  • M

    Buyer's Agent in 2015

    Michael Basinski

    Icon Realty Group LLC

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15004938

Southwestern Michigan Association of REALTORS®

APN: 41-14-29-307-008

Michigan Kent County Grand Rapids 49506 East Hills

903 Lake Dr SE, Grand Rapids, MI

This home is located at 903 Lake Dr SE, Grand Rapids, MI 49506 since 06 February 2015 and is currently estimated at $467,236. This property was built in 1875. 903 Lake Dr 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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