26 days on rocket

Sale Pending

343 Spencer St NE, Grand Rapids, MI, 49505

$199,900

Home List Price

$2,374*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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343 Spencer St NE, Grand Rapids$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1905
HeatingNatural Gas, Forced Air
BasementYes
MLS #65024015791
Lot Size0.13 Acres
StatusSale Pending
(Pending)

About 343 Spencer St NE

No Offer Deadline! Discover this 2-unit duplex in Creston Heights, a rapidly developing area of Grand Rapids, MI. Unit 1 offers 3 bedrooms, 1 bath, and over 1,000 sq ft, poised to generate $1,400+/month. Awaiting final touches and appliances, it's nearly ready for tenants. Unit 2 features a unique two-story layout with 2 bedrooms, 1 bath, including a loft-style bedroom on the third floor, and is also over 1,000 sq ft, expected to bring in $1,300+/month. With Creston Heights booming and new apartment complexes underway, now's the perfect time to invest in a growing community. Secure your stake in this vibrant neighborhood today!

Property Details

Property Features

Property Information:

  • Year Built: 1905

Listing Office:

  • Office Name: Bellabay Realty LLC
  • Office Phone: (616) 871-9200
  • Listing Agent: Joel Horst

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Laundry Facility

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • City Middle/High School, Public Magnet Grades 7-12
  • Grand Rapids University Preparatory Academy, Public Magnet Grades 6-12
  • Riverside Middle School, Public District Grades 6-8
  • Kent Hills School, Public District Grades KG-5

Other

Directions Information:

  • Directions: N Of Leonard, E Off Plainfield

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900

Tax Information:

  • Annual Amount: $1,856
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$299.2K

Med. Price/SqFt

$228

Avg. Days On Market

20

# of Sold Homes

224

343 Spencer St NE vs Grand Rapids

26 DAYS ON ROCKET

+6 Days

$199,900

-$99.3K Less

KEY TAKEAWAY

This property is $99.3K 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: #65024015791

Listing Office:

  • Office Name: Bellabay Realty LLC
  • Office Phone: (616) 871-9200
  • Listing Agent: Joel Horst

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: 4/30/2024, 10:25:20 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 07, 2016Home Sold
$84,000
Sep 27, 2005Home Sold
$79,900
May 16, 2003Home Sold
$81,500
May 16, 2003Home Sold
$59,900
Oct 08, 1999Home Sold
$29,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,856$70,200
2020$1,856$63,600
2019$1,751$53,300
2018$1,646$42,400
2017$1,569$40,100

History based on county public records data.

Payment Calculator

$1,065

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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.

Elementary School

school-card-donut-3957120
2
/10
  • Kent Hills School

  • 1445 Emerald Ave NE

  • 0.60 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3957121
4
/10
  • Riverside Middle School

  • 265 Eleanor St NE

  • 1.23 miles

  • Public District Grades 6-8

High School

school-card-donut-3957122
9
/10
  • City Middle/High School

  • 1720 Plainfield Ave NE

  • 0.31 miles

  • Public Magnet Grades 7-12

school-card-donut-3957123
3
/10
  • Grand Rapids University Preparatory Academy

  • 512 Division Ave S

  • 2.43 miles

  • Public Magnet Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,286. Typical income of Grand Rapids, MI residents is less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesMichiganKent CountyGrand Rapids49505343 Spencer St NE

This home is located at 343 Spencer St NE in Grand Rapids, MI and zip code 49505 in the Creston neighborhood. This home, which was built in 1905, sits on a 0.13 acre lot. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $199,900.

In March 2024 more than 128 listings in Grand Rapids, MI were sold above the asking price. During the same period more than 40 listings were sold at asking price, while more than 56 were sold below. The number of homes for sale in Grand Rapids, MI increased by 9.2% between February 2024 and March 2024. In March 2024 median list price was $299,288 and the average listing age was 20 days.

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

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