new - 5 days on rocket

1008 Adams St SE, Grand Rapids, MI, 49507

$169,900

Home List Price

$2,018*

Closing Credit

0 Baths
Multi

Location

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1008 Adams St SE, Grand Rapids$169,900

Buyer Closing Credits

$2,018*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1920
HeatingNatural Gas, Space Heater(s)
BasementYes
MLS #65024062053
Lot Size0.12 Acres
StatusActive

About 1008 Adams St SE

Great investment opportunity 2 units rental property. Tenant in 1st floor apartment has been renting for 10 years and his rent is paid in advance until August 1st, 2025, Lease expires on August 1st, 2025 as well. Property needs work but has good bones and many updates including, New roof replaced on Oct. 2023, vinyl windows, vinyl siding, 2nd floor unit space heater is 2 yrs old, 1st floor space heater is 4 years old. possession is at closing subject to tenants rights.

Property Details

Property Features

Property Information:

  • Year Built: 1920

Listing Office:

  • Office Name: RE/MAX United (Beltline)
  • Office Phone: (616) 884-2230
  • Listing Agent: Delky Baez

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Space Heater(s)

Other

Directions Information:

  • Directions: W from 1400 block Kalamazoo Ave SE to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $169,900

Tax Information:

  • Annual Amount: $1,083
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Grand Rapids, MI.

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Grand Rapids, MI

City

Med. Sold Price

$310K

Med. Price/SqFt

$185

Avg. Days On Market

22

# of Sold Homes

277

1008 Adams St SE vs Grand Rapids

5 DAYS ON ROCKET

-17 Days

$169,900

-$140.1K Less

KEY TAKEAWAY

This property is $140.1K less than the Median Sold Price in Grand Rapids, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Regional Alliance of REALTORS
  • MLS Number: #65024062053

Listing Office:

  • Office Name: RE/MAX United (Beltline)
  • Office Phone: (616) 884-2230
  • Listing Agent: Delky Baez

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/12/2024, 2:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 03, 1999Home Sold
$27,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,083$46,200
2020$1,083$39,400
2019$1,024$33,100
2018$1,029$28,600
2017$981$27,400

History based on county public records data.

Payment Calculator

$915

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$576

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1955062
1
/10

  • Campus Elementary School

  • 710 Benjamin Ave SE

  • 0.89 miles

  • Public District Grades PK-5

school-card-donut-1955063
4
/10

  • Mulick Park Elementary School

  • 1761 Rosewood Ave SE

  • 0.94 miles

  • Public District Grades PK-5

school-card-donut-1955064
5
/10

  • Brookside Elementary School

  • 2505 Madison Ave SE

  • 1.52 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,286. The majority of Grand Rapids, MI residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Kent County›Grand Rapids›49507›1008 Adams St SE

This home is located at 1008 Adams St SE in Grand Rapids, MI and zip code 49507 in the South East End neighborhood. This home, which was built in 1920, sits on a 0.12 acre lot. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $169,900.

Grand Rapids, MI housing market in November 2024 saw over 93 listings sold above listed price, more than 62 sold at listed price and over 122 sold below. The inventory of homes for sale in Grand Rapids, MI between October 2024 and November 2024 decreased by 10.4%. In November 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $310,027.

From Rocket Homes Real Estate and based on county public records data.

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