Owners & Occupancy for 1340 Colorado Ave SE

This property is owned by Jeffrey A Hayes. Owner contact information includes 2 phone numbers.

Occupancy

*****

View Occupancy

Appreciation Since Purchased

$137,587

Purchased September 10, 2010

Number of Owners

2

Property Owners

Jeffrey A Hayes, age **

Residence	****************
Landline	(616) 887-8238
Distance from Property	**********

Occupancy

Current Occupancy	*****View Occupancy
Resident 1	*************** age 50
Resident 2	****************** age 48
Resident 3	**************

Property Financials for 1340 Colorado Ave SE

1340 Colorado Ave SE, Grand Rapids, MI has no known mortgage. The Kent county assessment for 2024 values it at $253,400.

Property Tax

Purchase Date	September 10, 2010
Purchase Price	$131,000
Assessed Value	$253,400 on 2024

Investment Potential for 1340 Colorado Ave SE

The property has a current estimated value of $268,587, which is 23% above the neighborhood median, based on public records. It last sold on September 10, 2010 for $131K. Projected long-term

is $19,200 annually ($1,600 per month) with a 95% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$131,000

Sold September 10, 2010

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.
BETA
property value
Property Value in this state may be less accurate due to limited public property data. We are working hard to improve it. Learn More.

$269K

($255K - $282K)

23% above neighborhood median

Discover more Single Family Homes in South East End.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$19,200 per year($1,600 per month)

$****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

View Cap Rate

Occupancy Rate

95%in 49506 zip code

View Rental Potential

Property Details for 1340 Colorado Ave SE

Property Age

85 years

12 years newer than neighborhood median

Property Details

Property Sq Ft

Living Area

1,340 sq ft

5% below market

Lot Size

6,011 sq ft

10% above market

Price Per Sq Ft

Living Area

$200 / sq ft

29% above market

Lot Size Area

$45 / sq ft

15% above market

Property Information

Property condition, age, exterior, etc. for 1340 Color…

Land & Location Information

Longitude: -85.632989 Latitude: 42.938416 Parcel Number (APN): 41-18-05-229-009…

Recommended Properties in South East End

Discover more single family homes near 1340 Colorado Ave SE in Grand Rapids, Michigan. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Good value per sqft
$96.5K - $107K
Est. Value
1017 Kalamazoo Ave SE, Grand Rapids, MI 49507
1 baths · 849 sq ft · Last Sold: $95,930 in 2022 · Built: 1920
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1418 Sylvan Ave SE, Grand Rapids, MI 49506
1 baths · 1,039 sq ft · Last Sold: $110,620 in 2014 · Built: 1951
Owner Age Above 75
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1513 Plymouth Ave SE, Grand Rapids, MI 49506
1 baths · 1,680 sq ft · Built: 1953
Owned for Less Than 5 Years
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Est. Value
1125 Hall St SE, Grand Rapids, MI 49507
1 baths · 1,260 sq ft · Last Sold: $170,000 in 2022 · Built: 1924
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Est. Value
1018 Cooper Ave SE, Grand Rapids, MI 49507
1 baths · 1,849 sq ft · Last Sold: $145,000 in 2021 · Built: 1926
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Est. Value
1039 Dickinson St SE, Grand Rapids, MI 49507
1 baths · 1,167 sq ft · Last Sold: $152,500 in 2022 · Built: 1928
High Demand Long-Term Rental
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Est. Value
948 Ballard St SE, Grand Rapids, MI 49507
3 beds · 1 baths · 1,668 sq ft · Last Sold: $51,500 in 2011 · Built: 1926
Valued above Market Median
$283K - $313K
Est. Value
1800 Rossman Ave SE, Grand Rapids, MI 49507
3 beds · 2 baths · 1,878 sq ft · Last Sold: $195,500 in 2017 · Built: 1941
Owned for 15 - 25 Years
$138K - $153K
Est. Value
1462 Calvin Ave SE, Grand Rapids, MI 49507
2 beds · 1 baths · 1,304 sq ft · Last Sold: $55,000 in 2006 · Built: 1946
Large Lot Advantage
$155K - $171K
Est. Value
837 Geneva Ave SE, Grand Rapids, MI 49507
1 baths · 1,437 sq ft · Last Sold: $187,000 in 2022 · Built: 1910
Owned for Less Than 5 Years
$210K - $232K
Est. Value
845 Worden St SE, Grand Rapids, MI 49507
2 baths · 2,479 sq ft · Last Sold: $210,000 in 2023 · Built: 1890
Valued below Market Median
$145K - $160K
Est. Value
1039 Watkins St SE, Grand Rapids, MI 49507
1 baths · 884 sq ft · Last Sold: $143,500 in 2021 · Built: 1921
Large Lot Advantage
$205K - $227K
Est. Value
1444 Ardmore St SE, Grand Rapids, MI 49507
1 baths · 1,156 sq ft · Last Sold: $129,000 in 2018 · Built: 1941
Owner Age 65 - 75
$316K - $350K
Est. Value
1657 Hiawatha Dr SE, Grand Rapids, MI 49506
2 baths · 2,175 sq ft · Built: 1949
Large Lot Advantage
$128K - $142K
Est. Value
1107 Boston St SE, Grand Rapids, MI 49507
1 baths · 780 sq ft · Last Sold: $140,000 in 2019 · Built: 1925
Valued below Market Median
$20.7K - $22.9K
Est. Value
1040 Martin Luther King Jr St SE, Grand Rapids, MI 49507
Valued below Market Median
$173K - $192K
Est. Value
1047 Dickinson St SE, Grand Rapids, MI 49507
3 beds · 1 baths · 1,297 sq ft · Last Sold: $150,000 in 2021 · Built: 1928
Owner Age 45 - 55
$186K - $205K
Est. Value
1221 Johnston St SE, Grand Rapids, MI 49507
1 baths · 1,308 sq ft · Built: 1930
Owned for Less Than 5 Years
$116K - $129K
Est. Value
1212 Butler Ave SE, Grand Rapids, MI 49507
1 baths · 1,056 sq ft · Last Sold: $132,000 in 2021 · Built: 1890
Owner Age 45 - 55
$199K - $219K
Est. Value
931 Evergreen St SE, Grand Rapids, MI 49507
3 beds · 1 baths · 1,342 sq ft · Last Sold: $80,000 in 2018 · Built: 1926

Market Benchmarks

Compare data for 1340 Colorado Ave SE in Kent County to the median in the neighborhood area and surrounding markets, where available.

View neighborhood benchmarks

Property

Neighborhood

Difference

State

Difference

$268,587

$219,139

$49,448 (23%)

$240,310

$28,277 (12%)

—

YoY Price Change

—

Year Built

1940

1928

12 years

1961

-21 years

Living Space

1,340 sq ft

1,404 sq ft

-64 (-5%)

1,456 sq ft

-116 (-8%)

$ Per Living Sq Ft

$200

$155

$45 (29%)

$166

$35 (21%)

Lot Size

6,011 sq ft

5,489 sq ft

522 (10%)

10,498 sq ft

-4487 (-43%)

$ Per Lot Sq Ft

$45

$39

$6 (15%)

$20

$25 (126%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$***** (****%)

$19,422

-$4,742 (-24%)

Annual Revenue

$19,200

$27,000

-$7,800 (-29%)

$27,000

-$7,800 (-29%)

$****

$***** (****%)

$7,565

-$3,045 (-40%)

Net Operating Income

$*****

$***** (****%)

$19,422

-$4,742 (-24%)

Cap Rate

****%

—

7.96%

—

View Neighborhood Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Occupation	Director of Operations, Kent School Services Network
Cell Phone	(616) *-**View Cell Phone
Residence	****************
Landline	(231) 854-1343
Distance from Property	**********
Email Address	**********@kentssn.orgView Email

Property Type	Single Family Home
Total Bedrooms	3
Total Bathrooms	1.5
Year Built	1940
Building Sq Ft	1,340 sq ft
Lot Size	0 Acres
Living Space	1,340 sq ft
Ground Floor	812 sq ft
Basement	626 sq ft
Heating / Fuel	Forced Air
Garage	Garage
Fireplace	Yes

APN	41-18-05-229-009
Census Tract	0034001011
Municipality	City Of Grand Rapids
County	Kent
Subdivision	Underwood & Jenks Add
Zoning	MCNLDR
Neighborhood	South East End
Longitude / Latitude	-85.632989 / 42.938416
Lot Size	6,011 sq ft

Est. Value	$268,587
Price / Sq Ft	$200
Est. Rent/mo	$1,600
Occupancy	*****

1340 Colorado Ave SE Grand Rapids, MI 49506

property value

property value

property value

$268,587

neighborhood valuation

$219,139

market valuation

$308,971

Hi, I'm Landon!

investment intelligence

Owners & Occupancy for 1340 Colorado Ave SE

Occupancy

Appreciation Since Purchased

$137,587

Number of Owners

2

Property Owners

Jeffrey A Hayes, age **

Shay Nicole Kraley, age **

Occupancy

Property Financials for 1340 Colorado Ave SE

Property Tax

Investment Potential for 1340 Colorado Ave SE

rental income

property appreciation

Last Sale Amount

$131,000

property value

property value

$269K

($255K - $282K)

rental income

operating expenses

Property Details for 1340 Colorado Ave SE

Property Age

85 years

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Recommended Properties in South East End

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Est. Value

1017 Kalamazoo Ave SE, Grand Rapids, MI 49507

1 baths · 849 sq ft · Last Sold: $95,930 in 2022 · Built: 1920

$225K - $249K

Est. Value

1418 Sylvan Ave SE, Grand Rapids, MI 49506

1 baths · 1,039 sq ft · Last Sold: $110,620 in 2014 · Built: 1951

$246K - $272K

Est. Value

1513 Plymouth Ave SE, Grand Rapids, MI 49506

1 baths · 1,680 sq ft · Built: 1953

$169K - $187K

Est. Value

1125 Hall St SE, Grand Rapids, MI 49507

1 baths · 1,260 sq ft · Last Sold: $170,000 in 2022 · Built: 1924

$206K - $228K

Est. Value

1018 Cooper Ave SE, Grand Rapids, MI 49507

1 baths · 1,849 sq ft · Last Sold: $145,000 in 2021 · Built: 1926

$169K - $187K

Est. Value

1039 Dickinson St SE, Grand Rapids, MI 49507

1 baths · 1,167 sq ft · Last Sold: $152,500 in 2022 · Built: 1928

$207K - $229K

Est. Value

948 Ballard St SE, Grand Rapids, MI 49507

3 beds · 1 baths · 1,668 sq ft · Last Sold: $51,500 in 2011 · Built: 1926

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Est. Value

1800 Rossman Ave SE, Grand Rapids, MI 49507

3 beds · 2 baths · 1,878 sq ft · Last Sold: $195,500 in 2017 · Built: 1941

$138K - $153K