NOT LISTED FOR SALE

1314 Wealthy St SE Grand Rapids, MI 49506

Eastown Neighborhood

Estimated Value: $376,000 - $425,000

-- Bed
-- Bath
-- Sq Ft
6,200 Sq Ft Lot

Last Sold April 01, 2022

Last sale price $331,000

Est. 18% increase in value since last sale

Current estimated payment $2,646/month

7 Days on Market

Highlights

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

About This Home

As of April 2022

One of the hottest neighborhoods in the city! This massive Eastown 5bedrooms, 2 bath home has plenty of character, and some bonuses you rarely find. As you walk in the front door you immediately notice the tall ceilings! The hardwood floors and all the character from large base and crown molding. The large living space flows nicely to the dining room with exposed coal fireplace . The kitchen includes newer cabinets flooring and paint, eating area and walk out to the backyard. The main floor also includes the powder room. The 2nd floor has 3 bedrooms then up to the 3rd floor and it is wide open and ready to finish. The basement has a large storage area and a giant laundry room, and another unfinished room which could be workout, office, playroom or more. Sellers are licensed Realtors. All offers due by Thursday 2/10 by 3pm

Last Agent to Sell the Property

Dave Kooistra

Apex Realty Group Listed on: 02/04/2022

Co-Listed By

David Jablonski

Five Star Real Estate (M6) License #6501211884

Last Buyer's Agent

Brandon Faber

JH Realty Partners License #6502378711

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,022

Year Built

  • Built in 1900

Lot Details

  • 6,200 Sq Ft Lot

Parking

  • 5 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Wood Siding

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for trash collection
  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,022

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • List Price: 314900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6200.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas
  • Tenant Pays: Trash Collection

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4022.37
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
May 19, 2022
Sold by
Distler Michael K
Bought by
1314 Wealthy Street Llc
Seller's Agent
Dave Kooistra
Apex Realty Group
Buyer's Agent
Brandon Faber
JH Realty Partners
List Price
$314,900
Sold Price
$331,000
Premium/Discount to List
$16,100
5.11%
Current Estimated Value
$392,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,047
Avg. Annual Appreciation
4.68%

Purchase Details

Closed on
Dec 3, 2015
Sold by
Jabionski Mary K
Bought by
Wealthy 1310 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
3.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 14, 2015
Sold by
Mitchell Lisa A
Bought by
Jablonski Mary R

Purchase Details

Closed on
Mar 12, 1997

Purchase Details

Closed on
Jul 1, 1994
Sold by
Watson Watson J J and Watson Mitchell L
Bought by
Mitchell Lisa A

Purchase Details

Closed on
Jun 19, 1992
Bought by
Mitchell Lisa A

Purchase Details

Closed on
Dec 4, 1991
Bought by
Mitchell Lisa A

Purchase Details

Closed on
Nov 21, 1991
Bought by
Mitchell Lisa A

Purchase Details

Closed on
Jul 1, 1988
Bought by
Mitchell Lisa A
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
1314 Wealthy Street Llc -- --
Wealthy 1310 Llc -- None Available
Jablonski Mary R $115,000 None Available
-- $31,900 --
Mitchell Lisa A $31,000 --
Mitchell Lisa A $20,000 --
Mitchell Lisa A $100 --
Mitchell Lisa A -- --
Mitchell Lisa A $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wealthy 1310 Llc $101,250
Previous Owner Mitchell Lisa A $77,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $331,000 +5.1% --
02/12/2022 02/12/22 Off Market $314,900 -- --
02/11/2022 02/11/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $314,900 -- --
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 $6,116 $134,400 $0 $0
2024 $6,116 $122,600 $0 $0
2023 $7,067 $138,000 $0 $0
2022 $4,110 $118,700 $0 $0
2021 $4,005 $109,600 $0 $0
2020 $3,871 $101,900 $0 $0
2019 $3,963 $90,900 $0 $0
2018 $3,842 $81,300 $0 $0
2017 $3,748 $70,400 $0 $0
2016 $3,766 $64,000 $0 $0
2015 $1,197 $64,000 $0 $0
2013 -- $51,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dave Kooistra

    Seller's Agent in 2022

    Dave Kooistra

    Apex Realty Group

    (616) 485-3435

    1 in this area

    175 Total Sales

    Dave Kooistra
    Section Image

  • D

    Seller Co-Listing Agent in 2022

    David Jablonski

    Five Star Real Estate (M6)

    (616) 460-2500

    2 in this area

    48 Total Sales

    David Jablonski
    Section Image

  • B

    Buyer's Agent in 2022

    Brandon Faber

    JH Realty Partners

    (616) 644-1199

    1 in this area

    82 Total Sales

    Brandon Faber
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22003501

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-202-004

Michigan Kent County Grand Rapids 49506 Eastown

1314 Wealthy St SE, Grand Rapids, MI

This home is located at 1314 Wealthy St SE, Grand Rapids, MI 49506 since 04 February 2022 and is currently estimated at $392,047. This property was built in 1900. 1314 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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