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Sold
  • $355,000

    47 Packard Ave SE, Grand Rapids, MI 49503

    4beds
    2baths
    1,934sqft
    2 to 4 Units
    Built in 1890
    -- sqft lot
    $389,600 Zestimate®
    $184/sqft
    $1,636 Estimated rent

    Home value

    $389,600

    $370,000 - $413,000

    $1,636/mo

    Zestimate® history
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    What's special

    Welcome to 47 Packard Avenue! This property offers a fantastic opportunity for both owner occupants and investors, located just outside of Heritage Hill and East Hills neighborhood. Each unit has two bedrooms and one bathroom with updated interiors giving them a fresh and modern feel. The hardwood floors throughout add warmth and character to the living spaces. The exterior is low maintenance vinyl siding. Upstairs unit was just painted and the downstairs unit is getting brand new blinds. Both units are currently vacant, providing flexibility for new owners to choose their own tenants or move into one of the units and rent out the other to offset their living expenses. Estimated rents of $3,000 a month total. Come check out this rare opportunity in a hard to beat location today! property themselves. Situated in a desirable location, this property offers easy access to all that Heritage Hill has to offer. Enjoy nearby parks, restaurants, and vibrant community events. With convenient access to local amenities, shopping centers, and dining options, you'll never be far from the action. Don't miss out on this incredible opportunity to own a multi-family home in a sought-after neighborhood. Whether you're looking to invest or create your dream home, 47 Packard Avenue is ready to welcome its new owners. Schedule a showing today and envision the possibilities that await you in this inviting property! Any and all offers are due Friday, August 4th at 12pm (noon).

    Zillow last checked:

    Listing updated:

    Listed by:

    Connor Anderson 616-890-7794,

    Keller Williams GR East

    Bought with:

    Mitchell D Luban, 6506047711

    Edison Brokers & Co LLC

    Source: MichRIC,MLS#: 23027425MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air
    Features
    • Basement: Michigan Basement
    Interior area
    • Total interior livable area: 1,934 sqft

    Property

    Lot
    • Size: 3,049 Square Feet
    • Dimensions: 44 x 66
    • Features: Level, Sidewalk
    Details
    • Parcel number: 411430430036
    • Zoning description: RESIDENTIAL-IMP

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Vinyl Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Natural Gas Available, Natural Gas Connected, Electricity Connected

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $184/sqft
    • Tax assessed value: $53,007
    • Annual tax amount: $2,618
    • Date on market: 7/31/2023
    • Listing terms: VA Loan,MSHDA,FHA,Cash,Conventional
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/9/2024Listing removed--
    Source: Zillow Rentals Report a problem
    12/21/2023Price change$1,200-2%$1/sqft
    Source: Zillow Rentals Report a problem
    12/14/2023Price change$1,225-2%$1/sqft
    Source: Zillow Rentals Report a problem
    12/5/2023Listed for rent$1,250+42.9%$1/sqft
    Source: Zillow Rentals Report a problem
    9/5/2023Sold$355,000+1.4%$184/sqft
    Source: MichRIC #23027425 Report a problem
    8/7/2023Pending sale$350,000$181/sqft
    Source: MichRIC #23027425 Report a problem
    7/31/2023Listed for sale$350,000+483.3%$181/sqft
    Source: MichRIC #23027425 Report a problem
    1/16/2018Listing removed$875
    Source: Urban Pharm Report a problem
    1/12/2018Listed for rent$875+8.7%
    Source: Urban Pharm Report a problem
    8/24/2015Listing removed$805
    Source: JMD Group LLC Report a problem
    8/22/2015Listed for rent$805+3.9%
    Source: JMD Group LLC Report a problem
    4/8/2014Listing removed$775
    Source: JMD Group LLC Report a problem
    3/8/2014Listed for rent$775
    Source: JMD Group LLC Report a problem
    12/4/2012Listing removed$775
    Source: JMD Group LLC Report a problem
    11/9/2012Listed for rent$775
    Source: JMD Group LLC Report a problem
    5/12/2012Listing removed$775
    Source: Mark Duprey Report a problem
    5/8/2012Price change$775-2.5%
    Source: Mark Duprey Report a problem
    5/6/2012Listed for rent$795
    Source: Mark Duprey Report a problem
    3/2/2011Sold$60,000-1.5%$31/sqft
    Source: Public Record Report a problem
    1/9/2011Listed for sale$60,900-55.9%$31/sqft
    Source: Midwest Properties of Michigan #11002142 Report a problem
    11/10/2009Sold$138,227+73%$71/sqft
    Source: Public Record Report a problem
    9/26/2009Listed for sale$79,900-31.7%$41/sqft
    Source: GREENRIDGE REALTY (SUMMIT) #757012 Report a problem
    4/24/2007Sold$117,000$60/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,384 $136,100 +10.6%
    2024-- $123,100 +40.2%
    2021$2,524 $87,800 +4.4%
    2020$2,524 +3.2%$84,100 +11.7%
    2019$2,447 $75,300 +12.2%
    2018-- $67,100 +32.9%
    2017$2,399 $50,500 +5.9%
    2016$2,399 $47,700
    2015$2,399 +5%$47,700 +21.1%
    2013$2,285 $39,400 -9.6%
    2011-- $43,600 -1.8%
    2010-- $44,400 -0.4%
    2009-- $44,600 -23.9%
    2007-- $58,600 +68%
    2006-- $34,873 +3.7%
    2005-- $33,629 +3.3%
    2004-- $32,555 +6.2%
    2002-- $30,650 +3.2%
    2001-- $29,700
    Find assessor info on the county website

    Neighborhood: East Hills

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $389,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $389,600