NOT LISTED FOR SALE

1502 Wakely St NE Grand Rapids, MI 49505

North East Citizens Action Neighborhood

Estimated Value: $314,000 - $373,000

3 Beds
2 Baths
1,620 Sq Ft
$209/Sq Ft Est. Value

About This Home

This home is located at 1502 Wakely St NE, Grand Rapids, MI 49505 and is currently estimated at $338,968, approximately $209 per square foot. 1502 Wakely St NE is a home located in Kent County with nearby schools including Riverside Middle School, Union High School, and Lighthouse Academy - Waalkes Campus.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2021
Sold by
Nicholas Brinks
Bought by
Brinks Laura
Current Estimated Value
$338,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,500
Outstanding Balance
$152,744
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$186,224

Purchase Details

Closed on
Jul 18, 2017
Sold by
New Development Corp
Bought by
Brinks Nicholas and Brinks Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2017
Sold by
City Of Grand Rapids
Bought by
New Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 22, 2016
Sold by
Merchant Paul L
Bought by
City Of Grand Rapids

Purchase Details

Closed on
Jun 10, 2004
Sold by
Keena Daniel E and Keena Debra L
Bought by
Merchant Paul L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 1996
Sold by
Buck Buck G G and Buck Keena D
Bought by
Merchant Keena D and Merchant Paul L

Purchase Details

Closed on
Mar 31, 1995
Sold by
Deppe Bld and Deppe Buck G
Bought by
Merchant Buck G and Merchant Paul L

Purchase Details

Closed on
Nov 11, 1994
Sold by
Gr Hghts Ptn and Deppe Gr
Bought by
Merchant Paul L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Brinks Laura -- None Listed On Document
Brinks Nicholas $180,000 Sun Title Agency Of Michigan
New Development Corporation $75,000 None Available
City Of Grand Rapids -- None Available
Merchant Paul L $140,000 Metropolitan Title Company
Merchant Keena D $109,000 --
Merchant Buck G $102,900 --
Merchant Paul L $16,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brinks Laura $167,500
Previous Owner Brinks Nicholas $162,000
Previous Owner New Development Corporation $264,000
Previous Owner Merchant Paul L $112,000
Source: Public Records

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 $2,741 $137,600 $0 $0
2024 $2,741 $127,600 $0 $0
2023 $2,781 $110,300 $0 $0
2022 $2,640 $94,700 $0 $0
2021 $2,581 $88,900 $0 $0
2020 $2,468 $84,700 $0 $0
2019 $2,585 $75,700 $0 $0
2018 $2,408 $69,200 $0 $0
2017 $0 $58,800 $0 $0
2016 $3,498 $52,300 $0 $0
2015 $1,782 $52,300 $0 $0
2013 -- $50,200 $0 $0
Source: Public Records

Map

Michigan Kent County Grand Rapids 49505 North East Citizens Action

1502 Wakely St NE, Grand Rapids, MI

Not Listed for Sale

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