18 days on rocket

103 Peony St SW, Grand Rapids, MI, 49548

$645,000

Home List Price

$7,659*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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103 Peony St SW, Grand Rapids$645,000

Buyer Closing Credits

$7,659*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1984
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #65024017000
Lot Size0.28 Acres
StatusActive

About 103 Peony St SW

Welcome to 103 Peony St, a unique townhouse styled 4-unit multi-family located in Byron Twp. Each updated private townhome apartment includes 2 bedrooms with a full bath upstairs, a large eat-in kitchen, living area, and 1/2 bath on the main level, and a private basement with full size washer and dryer. Each unit offers private front and back entrances, patios and off street parking. All 4 townhomes are currently leased through 09/30/2024. Tenants pay water, electric, and gas. Monthly rent revenue is $6,205. Owner covers lawncare, snowplowing, trash, and pays water for unit 107 only ($20. mo) Showingtime appointments must be confirmed 24hrs in advance. 1 or 2 units are available for showings. All units will be availble for inspections after accepted offer. SEE ADDITIONAL COMMENTS ... A complete upgrades and features sheet is available under "Documents". Monthly per unit rents are listed in the per unit information section , and on the features sheet. Reminder - this is a fully leased property. Please do not disturb tenants. Offers presented as received. Property is located in Buck's Creek floodplain. All units will be available for inspection after accepted offer. Listing Agent is related to a member of 103 Peony LLC

Property Details

Property Features

Property Information:

  • Year Built: 1984

Listing Office:

  • Office Name: Greenridge Realty (EGR)
  • Office Phone: (616) 458-3655
  • Listing Agent: Mindy A Cartwright

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Laundry Facility, Cable Available

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 54th St SW to Division, South to Peony

Price Information

Listing Price Info

Price Summary:

  • List Price: $645,000

Tax Information:

  • Annual Amount: $3,134
  • 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

$299.2K

Med. Price/SqFt

$228

Avg. Days On Market

20

# of Sold Homes

224

103 Peony St SW vs Grand Rapids

18 DAYS ON ROCKET

-2 Days

$645,000

+$345.7K More

KEY TAKEAWAY

This property is $345.7K 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: #65024017000

Listing Office:

  • Office Name: Greenridge Realty (EGR)
  • Office Phone: (616) 458-3655
  • Listing Agent: Mindy A Cartwright

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: 4/29/2024, 1:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 22, 2020Home Sold
$353,600
Aug 05, 2009Home Sold
$63,123
Oct 06, 2008Home Sold
$114,750
Jul 09, 2004Home Sold
$240,000
Oct 04, 2001Home Sold
$230,000
Feb 02, 1999Home Sold
$162,500

Tax History

YEARPROP. TAXASSESSMENT
2021$3,134$79,300
2020$3,134$74,600
2019$2,781$66,100
2018$2,706$69,900
2017$2,624$68,200

History based on county public records data.

Payment Calculator

$3,287

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,000

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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-3124677
8
/10

  • Townline Elementary School

  • 100 60th St SE

  • 0.26 miles

  • Public District Grades PK-5

school-card-donut-3124678
7
/10

  • Southwood Elementary School

  • 630 66th St SE

  • 1.05 miles

  • Public District Grades KG-5

school-card-donut-3124679
6
/10

  • Glenwood Elementary School

  • 912 Silverleaf St SE

  • 1.33 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,843. The majority of Grand Rapids, MI residents have income between $35k-100k annually. The majority of 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›49548›103 Peony St SW

This home is located at 103 Peony St SW in Grand Rapids, MI and zip code 49548. This home, which was built in 1984, sits on a 0.28 acre lot. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $645,000.

Grand Rapids, MI housing market in March 2024 saw over 128 listings sold above listed price, more than 40 sold at listed price and over 56 sold below. The inventory of homes for sale in Grand Rapids, MI between February 2024 and March 2024 increased by 9.2%. In March 2024, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $299,288.

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

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