NOT LISTED FOR SALE

1210 Wealthy St SE Grand Rapids, MI 49506

Eastown Neighborhood

Estimated Value: $323,646 - $432,000

-- Bed
1 Bath
-- Sq Ft
5,009 Sq Ft Lot

Last Sold March 01, 2016

Last sale price $169,900

Est. 110% increase in value since last sale

Current estimated payment $2,137/month

12 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 3-minute walk to Sigsbee Park

About This Home

As of March 2016

Eastown area 2-unit with just over 2200 square feet of living space. Both units are 2 beds 1 bath and rented until 4/30/16. Rents are 800 & 900/month with tenants paying their own heat and electric. Units feature all appliances including W/D. 2 uncovered off street parking spaces, full basement and many updates including newer roof. Beautiful well taken care of property and great opportunity for an investor or owner occupant.

Last Agent to Sell the Property

Ryan Ogle

Bluhouse Properties LLC - I License #6502376991 Listed on: 12/27/2015

Bluhouse Properties LLC - I

Co-Listed By

Dan Steffee

Green Crown Real Estate LLC License #6506049140

Last Buyer's Agent

Heather Brandstatter

Epique Real Estate License #6501381960

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,764

Year Built

  • Built in 1914

Lot Details

  • 5,009 Sq Ft Lot
  • Lot Dimensions are 40x125

Parking

  • 2 Parking Spaces

Home Design

  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,764

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1914
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x125
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1763.72
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 169900.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5009.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1763.72
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2016
Sold by
Dahu Musa I and Rischmann Marion
Bought by
1210 Wealthy Street Llc
Total Days on Market
12
Current Estimated Value
$357,162

Purchase Details

Listed on
Dec 27, 2015
Closed on
Mar 1, 2016
Sold by
1210 Wealthy Llc
Bought by
Dahu Musa I and Rischmann Marion
Seller's Agent
Ryan Ogle
Bluhouse Properties LLC - I
Buyer's Agent
Heather Brandstatter
Epique Real Estate
List Price
$169,900
Sold Price
$169,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$120,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2015
Sold by
Nye Dana E
Bought by
1210 Wealthy Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2015
Sold by
1210 Wealthy Llc
Bought by
Nye Dana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 3, 2014
Sold by
Nye Dana E
Bought by
1210 Wealthy Llc

Purchase Details

Closed on
Jul 20, 2009
Sold by
Webb Thomas J
Bought by
Nye Dana E and Nye Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,971
Interest Rate
5.36%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 2008
Sold by
Hansen Lloyd R and Hansen Beth
Bought by
Webb Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,900
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 1999
Bought by
Hansen Trust and Nye Dana E

Purchase Details

Closed on
Jan 21, 1999
Sold by
Smmns Smmns A A and Smmns A
Bought by
Nye Dana E

Purchase Details

Closed on
Mar 4, 1998
Sold by
Smmnds Smmnds A A and Smmnds A
Bought by
Nye Dana E

Purchase Details

Closed on
Jan 31, 1997
Bought by
Simons Simons A and Simons A

Purchase Details

Closed on
Oct 8, 1991

Purchase Details

Closed on
Dec 1, 1986
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1210 Wealthy Street Llc -- Attorney
Dahu Musa I $169,900 Sun Title Agency Of Mi Llc
Nye Dana E -- Sun Title Agency Of Mi Llc
1210 Wealthy Llc -- None Available
Nye Dana E -- None Available
1210 Wealthy Llc -- None Available
Nye Dana E $104,900 Trans
Webb Thomas J $82,000 Metropolitan Title Company
Hansen Trust $35,000 --
Nye Dana E -- --
Nye Dana E -- --
Simons Simons A $33,500 --
-- $14,000 --
-- $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dahu Musa I $120,000
Previous Owner Nye Dana E $102,971
Previous Owner Webb Thomas J $77,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2016 03/01/16 Sold $169,900 0.0% --
01/08/2016 01/08/16 Pending -- -- --
12/27/2015 12/27/15 For Sale $169,900 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,921 $140,600 $0 $0
2024 $2,921 $128,500 $0 $0
2023 $2,898 $111,800 $0 $0
2022 $2,754 $92,900 $0 $0
2021 $2,683 $83,500 $0 $0
2020 $2,594 $71,400 $0 $0
2019 $2,656 $58,900 $0 $0
2018 $2,574 $50,000 $0 $0
2017 $2,511 $42,300 $0 $0
2016 $2,263 $34,500 $0 $0
2015 $1,764 $34,500 $0 $0
2013 -- $33,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Ryan Ogle

    Bluhouse Properties LLC - I

    Section Image
  • Dan Steffee

    Seller Co-Listing Agent in 2016

    Dan Steffee

    Green Crown Real Estate LLC

    (616) 490-4977

    2 in this area

    110 Total Sales

    Dan Steffee
    Section Image
  • Heather Brandstatter

    Buyer's Agent in 2016

    Heather Brandstatter

    Epique Real Estate

    (312) 218-8868

    98 Total Sales

    Heather Brandstatter
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15063941

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-201-002

Michigan Kent County Grand Rapids 49506 Eastown

1210 Wealthy St SE, Grand Rapids, MI

This home is located at 1210 Wealthy St SE, Grand Rapids, MI 49506 since 27 December 2015 and is currently estimated at $357,162. This property was built in 1914. 1210 Wealthy St SE is a home located in Kent County with nearby schools including Campus Elementary School, Alger Middle School, and Ottawa Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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