3 months on rocket

909 Spencer St NE, Grand Rapids, MI, 49505

$449,900

Home List Price

$5,343*

Closing Credit

0 Baths
Multi

Location

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909 Spencer St NE, Grand Rapids$449,900

Buyer Closing Credits

$5,343*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved
Year Built1936
HeatingNatural Gas, Forced Air
MLS #65024043407
Lot Size0.24 Acres
StatusActive

About 909 Spencer St NE

Great opportunity! 4 units that has been flawlessly maintained by retiring owner for over 40 years. Metal roof on front 7-8 years old, shingled portion replaced November 2024. 2 newer furnaces- 3 years. 4 new water heaters. Lots of laminate flooring, building + units all show nice. Low current rents, however all units have leases up soon. Projected market rents of $4700. Unit 1 could be 2 br = $1,200, #2 1 br = $1,000, #3 1 br = $1,000, #4 could be 3 br = $1,500. Separate gas + electric. Parking lot recently repaved w/8 spots. Fenced back yard 195' lot. City compliance thru 7/29/25. Many new windows. Unit 1 (to left main entrance) lr, kit, ea, br, ba, br, mud room, mechanicals, both brs have WIC, walk in pantry, new windows 2024, updated ba, vaulted ceilings. $700/mo m2m. Unit 2 1st floor back, lr,kit, ea, 1 br, ba, furnace Unit 3 1st on right Lr, kit, ea, br, ba, play area $800 1 yr lease exp 8/31/24 section 8 Unit 4 up lr, lg kit, br w/wic, dormer br $800 lease exp 10/31/24

Property Details

Property Features

Property Information:

  • Year Built: 1936

Listing Office:

  • Office Name: RE/MAX of Grand Rapids (FH)
  • Office Phone: (616) 957-0700
  • Listing Agent: Anthony L Lewis

Exterior Features

Parking Information:

  • Parking: Paved

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: N off of Leonard to Spencer to home

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,900

Tax Information:

  • Annual Amount: $3,482
  • 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

$309.8K

Med. Price/SqFt

$232

Avg. Days On Market

20

# of Sold Homes

301

909 Spencer St NE vs Grand Rapids

96 DAYS ON ROCKET

+76 Days

$449,900

+$140K More

KEY TAKEAWAY

This property is $140K more 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: #65024043407

Listing Office:

  • Office Name: RE/MAX of Grand Rapids (FH)
  • Office Phone: (616) 957-0700
  • Listing Agent: Anthony L Lewis

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: 11/23/2024, 8:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,482$130,000
2020$3,482$121,300
2019$3,292$101,900
2018$3,309$84,100
2017$3,153$80,400

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,415

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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-973353
3
/10

  • Kent Hills Elementary School

  • 1445 Emerald Ave NE

  • 0.10 miles

  • Public District Grades PK-5

school-card-donut-973354
2
/10

  • East Leonard Elementary School

  • 410 Barnett St NE

  • 0.72 miles

  • Public District Grades PK-5

school-card-donut-973355
6
/10

  • Palmer School

  • 309 Palmer St NE

  • 0.85 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 $29,364. The most common annual income of people living in Grand Rapids, MI is less than $35k. Most families are single, no kids. 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›49505›909 Spencer St NE

This home is located at 909 Spencer St NE in Grand Rapids, MI and zip code 49505 in the Creston neighborhood. This home, which was built in 1936, sits on a 0.24 acre lot. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $449,900.

Grand Rapids, MI housing market in October 2024 saw over 114 listings sold above listed price, more than 62 sold at listed price and over 124 sold below. The number of listings in Grand Rapids, MI increased by 8.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 20 days, the median list price was $309,869.

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

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