NOT LISTED FOR SALE

1838 Nelson Ave SE Grand Rapids, MI 49507

South East End Neighborhood

Estimated Value: $172,000 - $227,801

3 Beds
1.5 Baths
1,350 Sq Ft
$153/Sq Ft Est. Value

Last Sold January 06, 2020

Last sale price $92,000 $68 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,283/month

13 Days on Market

Highlights

  • 0.25 Acre Lot
  • Eat-In Kitchen
  • Garden
  • Traditional Architecture
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of January 2020

This house needs some work. It is in liveable and functional condition. It would pass an FHA inspection as is, just needs some freshening up. Good opportunity for investor or first time home buyer to create additional equity through labor. Nice quiet street.

Last Agent to Sell the Property

Andrew Wierda

Compass Realty Services Listed on: 10/31/2019

Compass Realty Services

Last Buyer's Agent

Michael Balsitis

Bellabay Realty LLC License #6502346774

Bellabay Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,479

Year Built

  • Built in 1916

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 42.5 x 132
  • Garden

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,350 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,479

Year Built

Built in 1916

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1916
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 42.5 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1350.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1478.99
  • Tax Info:Zoning3: RES
  • Waterfront Options:Water Access YN: No
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Landscape:Garden Area: Yes
  • General Property Info:SqFt Above Grade: 1000.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1350.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 500.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 99000.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 42.5 x 132
  • Lot Size Sq Ft: 10890.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1478.99
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2019
Closed on
Jan 6, 2020
Sold by
Mca Equity Partners Llc
Bought by
Balsitis Sydney
Seller's Agent
Andrew Wierda
Compass Realty Services
Buyer's Agent
Michael Balsitis
Bellabay Realty LLC
List Price
$99,000
Sold Price
$92,000
Premium/Discount to List
-$7,000
-7.07%
Current Estimated Value
$206,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,700
Avg. Annual Appreciation
15.78%
Original Mortgage
$90,333
Outstanding Balance
$81,073
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$129,162

Purchase Details

Closed on
Jun 21, 2011
Sold by
Grand Rapids Equity Partners Llc
Bought by
Mca Equity Partners Llc

Purchase Details

Closed on
Nov 12, 2008
Sold by
Rufreres Josue and Carmona Patricia
Bought by
Wells Fargo Financial America Inc

Purchase Details

Closed on
Oct 14, 1994
Sold by
Goodspeed Goodspeed G G and Goodspeed Fraley J
Bought by
Mca Equity Partners Llc

Purchase Details

Closed on
Nov 6, 1987
Bought by
Mca Equity Partners Llc
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
Balsitis Sydney $92,000 Accommodation
Mca Equity Partners Llc -- None Available
Wells Fargo Financial America Inc $105,969 None Available
Mca Equity Partners Llc $36,000 --
Mca Equity Partners Llc $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balsitis Sydney $90,333
Previous Owner Mca Equity Partners Llc $245,000
Previous Owner Rufreres Josue $98,436
Previous Owner Rufreres Josue $91,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2020 01/06/20 Sold $92,000 -7.1% $68 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $99,000 -- $73 / Sq Ft
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 $1,885 $88,100 $0 $0
2024 $1,885 $74,200 $0 $0
2023 $1,805 $68,200 $0 $0
2022 $1,816 $61,000 $0 $0
2021 $1,775 $52,200 $0 $0
2020 $968 $47,600 $0 $0
2019 $1,537 $43,300 $0 $0
2018 $1,490 $37,300 $0 $0
2017 $1,454 $31,900 $0 $0
2016 $1,461 $29,100 $0 $0
2015 $1,392 $29,100 $0 $0
2013 -- $26,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Andrew Wierda

    Compass Realty Services

    (616) 204-1441

    3 in this area

    17 Total Sales

    Andrew Wierda
    Section Image
  • Michael Balsitis

    Buyer's Agent in 2020

    Michael Balsitis

    Bellabay Realty LLC

    (616) 871-9200

    6 Total Sales

    Michael Balsitis
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19053110

Southwestern Michigan Association of REALTORS®

APN: 41-18-05-387-010

Michigan Kent County Grand Rapids 49507 South East End

1838 Nelson Ave SE, Grand Rapids, MI

This home is located at 1838 Nelson Ave SE, Grand Rapids, MI 49507 since 31 October 2019 and is currently estimated at $206,700, approximately $153 per square foot. This property was built in 1916. 1838 Nelson Ave SE is a home located in Kent County with nearby schools including Mulick Park 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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