Off market

Zestimate^®

$393,400

27 Colfax St NE, Grand Rapids, MI 49505

--beds

0baths

3,082sqft

MultiFamily

Built in 1875

-- sqft lot

$393,400 Zestimate^®

$128/sqft

$1,467 Estimated rent

Home value

$393,400

$354,000 - $433,000

$1,467/mo

Zestimate^® history

Owner options

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$1,467/mo

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$1,467/mo

Rent Zestimate^®

Refinance and save

$2,476/mo

Est. payment

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$2,476/mo

Est. payment

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What's special

Attention please!! How would you like to live for free PLUS make money? Here's an amazing opportunity to own a cash flowing rental property in the heart of Grand Rapids close to everything! This 4 unit has recently been updated and is ready to be added to your portfolio and start making you money!**MULTIPLE OFFERS**All offers due by midnight Saturday 2/17/18 and presented to seller Sunday at 3pm per sellers request!**

This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Forced air, Heat pump, Electric, Gas

Interior area

Total interior livable area: 3,082 sqft

Property

Parking

Total spaces: 2
Parking features: Garage

Lot

Size: 6,751 Square Feet

Details

Parcel number: 411418301020

Construction

Type & style

Home type: MultiFamily

Condition

Year built: 1875

Utilities & green energy

Sewer: Public

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $128/sqft
Tax assessed value: $351,000
Annual tax amount: $4,497
Tenant pays: Gas, Electric

Price history

Date	Event	Price
3/20/2018	Sold	$213,000+6.6%$69/sqft
Source: MichRIC #18005489 Report a problem
2/15/2018	Listed for sale	$199,900+471.1%$65/sqft
Source: Five Star Real Estate (Main) #18005489 Report a problem
9/22/2015	Sold	$35,000+12.9%$11/sqft
Source: Public Record Report a problem
11/30/2012	Sold	$31,000-16.2%$10/sqft
Source: MichRIC #12053852 Report a problem
11/27/2012	Price change	$37,000-4.9%$12/sqft
Source: Real Estate One Success #12053852 Report a problem
10/17/2012	Price change	$38,900-9.5%$13/sqft
Source: Real Estate One Success #12053852 Report a problem
10/2/2012	Price change	$43,000-13.8%$14/sqft
Source: Homepath #12043004 Report a problem
9/6/2012	Price change	$49,900-7.6%$16/sqft
Source: Real Estate One Success #12043004 Report a problem
8/1/2012	Price change	$54,000-43%$18/sqft
Source: Homepath Report a problem
7/18/2012	Listed for sale	--
Source: Homepath Report a problem
1/4/2012	Sold	$94,775-7%$31/sqft
Source: Public Record Report a problem
7/18/2005	Sold	$101,900+154.8%$33/sqft
Source: Public Record Report a problem
12/22/2003	Sold	$40,000$13/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,497	$175,500 +25.2%
2024	--	$140,200 +47.1%
2021	$3,933	$95,300 +3.9%
2020	$3,933 +58.8%	$91,700 +24.4%
2019	$2,477	$73,700 +30.2%
2018	--	$56,600 +29.8%
2017	$2,332	$43,600 -11.7%
2016	$2,332	$49,400
2015	$2,332 -28.7%	$49,400 -8.5%
2013	$3,273	$54,000 -21.3%
2011	--	$68,600 -6.9%
2010	--	$73,700 -2.3%
2009	--	$75,400 +43.6%
2007	--	$52,500 -3%
2006	--	$54,100 +0.9%
2005	--	$53,600 +75.5%
2004	--	$30,548 +6.2%
2002	--	$28,760 +3.2%
2001	--	$27,869