NOT LISTED FOR SALE

1310 Wealthy St SE Grand Rapids, MI 49506

Eastown Neighborhood

Estimated Value: $476,669 - $550,000

11 Beds
4 Baths
-- Sq Ft
5,000 Sq Ft Lot

Last Sold May 23, 2018

Last sale price $288,000

Est. 75% increase in value since last sale

Current estimated payment $3,313/month

56 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • 2-minute walk to Sigsbee Park

About This Home

As of May 2018

HUGE multi unit within walking distance to Eastown and on the bus line to downtown nightlife, colleges, and tons of restaurants. New roof with transferable warranty, vinyl windows and siding for zero maintenance, New kitchens and appliances, vinyl plank flooring, fresh paint, and the list of updates goes on. Great rental history and very easy to find good tenants. Off street parking and access to basement for storage and laundry. Very hard to find a unit this nice. COME SEE IT TODAY!!! Seller is a licensed Realtor in the State of MI.

Last Agent to Sell the Property

Dave Kooistra

Apex Realty Group Listed on: 02/08/2018

Last Buyer's Agent

Andy Miller

The Local Element License #6506049080

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,243

Year Built

  • Built in 1905

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 40x125

Parking

  • 3 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,243

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1905
  • 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: 4242.8
  • Tax Info:Zoning3: RES
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • List Price: 299900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 5000.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4242.8
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2018
Closed on
May 23, 2018
Sold by
Kooistra Dave and Jablonski Mary R
Bought by
Kuiper Paul
Seller's Agent
Dave Kooistra
Apex Realty Group
Buyer's Agent
Andy Miller
The Local Element
List Price
$299,900
Sold Price
$288,000
Premium/Discount to List
-$11,900
-3.97%
Current Estimated Value
$503,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,167
Avg. Annual Appreciation
7.99%
Original Mortgage
$230,400
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2014
Closed on
Feb 27, 2015
Sold by
Smith Matthew C and Smith Kriston
Bought by
Kooistra Dave and Jablonski Mary R
Seller's Agent
Mark Brace
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Buyer's Agent
Dave Kooistra
Apex Realty Group
List Price
$149,900
Sold Price
$137,500
Premium/Discount to List
-$12,400
-8.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.63%
Original Mortgage
$103,125
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2008
Sold by
37Th Parallel Properties Inc
Bought by
Smith Matthew C and Smith Kriston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 16, 2008
Sold by
Lake Michigan Cu
Bought by
37Th Parallel Properties Inc

Purchase Details

Closed on
Apr 25, 2007
Sold by
Brooke Janet M
Bought by
Lake Michigan Cu and Grand Rapids Teachers Cu

Purchase Details

Closed on
Sep 26, 2000

Purchase Details

Closed on
Dec 10, 1998
Sold by
Watson Watson J J and Watson Westrate K
Bought by
Smith Westrate K and Smith Matthew C Kriston

Purchase Details

Closed on
Jun 19, 1992

Purchase Details

Closed on
Dec 4, 1991

Purchase Details

Closed on
Nov 21, 1991

Purchase Details

Closed on
Apr 18, 1988

Purchase Details

Closed on
Apr 17, 1988

Purchase Details

Closed on
Jun 26, 1980
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
Kuiper Paul $288,000 Lighthouse Title Agency
Kooistra Dave $137,500 Ppr Title Agency
Smith Matthew C $150,000 Metropolitan Title Company
37Th Parallel Properties Inc $35,000 None Available
Lake Michigan Cu $80,443 None Available
-- $104,900 --
Smith Westrate K $37,000 --
-- $30,000 --
-- -- --
-- -- --
-- $47,000 --
-- $38,500 --
-- $24,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuiper Paul $100,000
Open Kuiper Paul A $225,000
Closed Kuiper Paul $230,400
Previous Owner Kooistra Dave $103,125
Previous Owner Smith Matthew C $114,100
Previous Owner Smith Matthew C $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2018 05/23/18 Sold $288,000 -4.0% --
04/05/2018 04/05/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $299,900 +118.1% --
02/27/2015 02/27/15 Sold $137,500 -8.3% --
01/12/2015 01/12/15 Pending -- -- --
10/10/2014 10/10/14 For Sale $149,900 -- --
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 $6,856 $218,600 $0 $0
2024 $6,856 $199,700 $0 $0
2023 $6,809 $166,200 $0 $0
2022 $6,680 $157,500 $0 $0
2021 $6,509 $145,100 $0 $0
2020 $5,396 $138,200 $0 $0
2019 $5,563 $120,700 $0 $0
2018 $3,752 $107,600 $0 $0
2017 $4,243 $79,700 $0 $0
2016 $4,264 $79,300 $0 $0
2015 $3,456 $79,300 $0 $0
2013 -- $65,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dave Kooistra

    Seller's Agent in 2018

    Dave Kooistra

    Apex Realty Group

    (616) 485-3435

    1 in this area

    175 Total Sales

    Dave Kooistra
    Section Image

  • A

    Buyer's Agent in 2018

    Andy Miller

    The Local Element

    (616) 419-8455

    35 Total Sales

    Andy Miller
    Section Image

  • A

    Buyer's Agent in 2018

    Andrew Miller

    Revive Realty

  • Mark Brace

    Seller's Agent in 2015

    Mark Brace

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (616) 447-7025

    12 in this area

    866 Total Sales

    Mark Brace
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18002571

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-202-003

Michigan Kent County Grand Rapids 49506 Eastown

1310 Wealthy St SE, Grand Rapids, MI

This home is located at 1310 Wealthy St SE, Grand Rapids, MI 49506 since 08 February 2018 and is currently estimated at $503,167. This property was built in 1905. 1310 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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