NOT LISTED FOR SALE

1226 Wealthy St SE Unit SE Grand Rapids, MI 49506

Eastown Neighborhood

Estimated Value: $300,000 - $467,000

-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold October 19, 2012

Last sale price $45,000

Est. 747% increase in value since last sale

Current estimated payment $2,339/month

1 Day on Market

About This Home

As of October 2012

Two family unit with two bedrooms, one bath for each level. Owner occupied offers until 9.19.2012. Parking available at rear of property.

Last Agent to Sell the Property

Timothy Folkertsma

Berkshire Hathaway HomeServices Michigan Real Estate (Rock) Listed on: 09/05/2012

Last Buyer's Agent

Todd Theisen

Keller Williams GR East License #6501367030

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 5,227

Additional Features

  • Michigan Basement
  • 5,227 Sq Ft Lot
  • Forced Air Heating System

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 34900.0
  • Number of Buildings: 1

Utilities

  • Heating: Forced Air
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227.0
  • Zoning Description: RES

Tax Info

  • Tax Annual Amount: 1850.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2012
Closed on
Oct 18, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Warner Anthony
Seller's Agent
Timothy Folkertsma
Berkshire Hathaway HomeServices Michigan Real Estate (Rock)
Buyer's Agent
Todd Theisen
Keller Williams GR East
List Price
$34,900
Sold Price
$45,000
Premium/Discount to List
$10,100
28.94%
Current Estimated Value
$381,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,348
Avg. Annual Appreciation
18.02%

Purchase Details

Closed on
Sep 14, 2011
Sold by
Sterk William and Sterk Marguerite
Bought by
The Federal Home Loan Mortgage Corporati

Purchase Details

Closed on
Nov 30, 2006
Sold by
B & B Rentals Llc
Bought by
Sterk William and Sterk Marguerite

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2003
Sold by
Sterk William and Sterk Ann M
Bought by
B & B Rentals Llc

Purchase Details

Closed on
Jun 21, 1999
Bought by
B&B Rentals and Warner Anthony

Purchase Details

Closed on
May 9, 1991
Sold by
Sterk Sterk B B and Sterk W
Bought by
Warner Anthony

Purchase Details

Closed on
Feb 3, 1988

Purchase Details

Closed on
Dec 8, 1987

Purchase Details

Closed on
Jun 22, 1984

Purchase Details

Closed on
Jun 21, 1984
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Warner Anthony $45,000 E Title Agency Inc
The Federal Home Loan Mortgage Corporati $94,718 None Available
Sterk William -- Chicago Title
B & B Rentals Llc -- --
B&B Rentals -- --
Warner Anthony -- --
-- $16,000 --
-- $100 --
-- $22,000 --
-- $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sterk William $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2012 10/19/12 Sold $45,000 +28.9% --
09/06/2012 09/06/12 Pending -- -- --
09/05/2012 09/05/12 For Sale $34,900 -- --
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 $2,798 $167,600 $0 $0
2024 $2,798 $152,700 $0 $0
2023 $2,345 $132,500 $0 $0
2022 $2,224 $107,300 $0 $0
2021 $2,680 $96,400 $0 $0
2020 $2,178 $82,600 $0 $0
2019 $2,230 $68,200 $0 $0
2018 $2,162 $57,500 $0 $0
2017 $2,136 $48,700 $0 $0
2016 $2,310 $39,500 $0 $0
2015 $2,019 $39,500 $0 $0
2013 -- $38,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Timothy Folkertsma

    Berkshire Hathaway HomeServices Michigan Real Estate (Rock)

  • T

    Buyer's Agent in 2012

    Todd Theisen

    Keller Williams GR East

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12048817

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-201-005

Michigan Kent County Grand Rapids 49506 Eastown

1226 Wealthy St SE Unit SE, Grand Rapids, MI

This home is located at 1226 Wealthy St SE Unit SE, Grand Rapids, MI 49506 since 05 September 2012 and is currently estimated at $379,387. This property was built in 1900. 1226 Wealthy St SE Unit 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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