NOT LISTED FOR SALE

840 Wealthy St SE Grand Rapids, MI 49506

Baxter Neighborhood

Estimated Value: $336,000 - $421,000

2 Beds
4 Baths
-- Sq Ft
6,795 Sq Ft Lot

Last Sold March 05, 2019

Last sale price $220,000

Est. 65% increase in value since last sale

Current estimated payment $2,346/month

11 Days on Market

About This Home

As of March 2019

Beautiful two unit in the Wealthy Hillneighborhood of GR. Steps away from amazing restaurants, shopping and more. Utilities are split, and this well built home could be your opportunity to live in the large 2 BR owners unit and rent out the upstairs unit (or lease whole thing for nice cash flow, with total proj rent $2,200. The main floor owners unit is full of character and nicely updated. The upstairs unit has a private entrance, features 2 bedrooms, as well as a screed porch overlooking the spacious backyard. Basement is partitioned in half with W/D hook up on both sides and lockable for storage. Photos are for the upper unit only. Long term messy tenant in the lower unit. Can have tenant removed if desired by buyer

Last Agent to Sell the Property

David Jablonski

Five Star Real Estate (M6) License #6501211884 Listed on: 01/11/2019

Five Star Real Estate (M6)

Co-Listed By

Dave Kooistra

Apex Realty Group

Last Buyer's Agent

Brandon Stoinski

Bellabay Realty (North) License #6501401468

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,999

Year Built

  • Built in 1900

Lot Details

  • 6,795 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,999

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
  • List Price: 249900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6795.0
  • Zoning Description: multi fam
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1999.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2019
Closed on
Mar 5, 2019
Sold by
Jablonski David and Kooistra David
Bought by
Jimenez Minutti Ana Laura and Perez Conde Edward
Seller's Agent
David Jablonski
Five Star Real Estate (M6)
Buyer's Agent
Brandon Stoinski
Bellabay Realty (North)
List Price
$249,900
Sold Price
$220,000
Premium/Discount to List
-$29,900
-11.96%
Current Estimated Value
$363,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,906
Avg. Annual Appreciation
8.04%

Purchase Details

Closed on
Mar 15, 2005
Sold by
Reiffer Enterprises Llc
Bought by
Jablonski David and Kooistra David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
5.37%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2004
Sold by
Reiffer Bruce J and Reiffer Lori
Bought by
Reiffer Enterprises Llc

Purchase Details

Closed on
Nov 3, 2003
Sold by
Peterson Milton and Peterson Karen
Bought by
Reiffer Bruce J and Reiffer Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,200
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 5, 1999
Bought by
Peterson Peterson M and Peterson K

Purchase Details

Closed on
Dec 4, 1998
Sold by
Nbd Matthews and Nbd Bank
Bought by
Jablonski Nbd and Jablonski David Kooistra David

Purchase Details

Closed on
Aug 7, 1996
Sold by
Martin Martin M M and Martin Matthews D
Bought by
Jablonski Matthews D and Jablonski David Kooistra David

Purchase Details

Closed on
Oct 8, 1993

Purchase Details

Closed on
Dec 5, 1989
Sold by
Lindhout Lindhout M M and Lindhout Martin M
Bought by
Jablonski David Kooistra David

Purchase Details

Closed on
Mar 24, 1982
Sold by
Denbraber Denbraber D D and Lindhout Denbraber
Bought by
Jablonski David Kooistra David
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jimenez Minutti Ana Laura $220,000 Star Title Agency Llc
Jablonski David $119,000 --
Reiffer Enterprises Llc -- --
Reiffer Bruce J $96,000 --
Peterson Peterson M $34,000 --
Jablonski Nbd -- --
Jablonski Matthews D $30,000 --
-- $25,200 --
Jablonski David Kooistra David -- --
Jablonski David Kooistra David $31,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jablonski David $107,100
Previous Owner Reiffer Bruce J $86,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2019 03/05/19 Sold $220,000 -12.0% --
01/22/2019 01/22/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $249,900 -- --
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 $4,365 $159,000 $0 $0
2024 $4,365 $140,400 $0 $0
2023 $4,330 $121,600 $0 $0
2022 $4,115 $100,000 $0 $0
2021 $4,010 $89,000 $0 $0
2020 $3,770 $73,700 $0 $0
2019 $2,063 $62,500 $0 $0
2018 $2,000 $53,700 $0 $0
2017 $2,040 $45,600 $0 $0
2016 $1,961 $36,700 $0 $0
2015 $1,988 $36,700 $0 $0
2013 -- $35,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    David Jablonski

    Five Star Real Estate (M6)

    (616) 460-2500

    48 Total Sales

    Section Image
  • Dave Kooistra

    Seller Co-Listing Agent in 2019

    Dave Kooistra

    Apex Realty Group

    (616) 485-3435

    175 Total Sales

    Section Image

  • B

    Buyer's Agent in 2019

    Brandon Stoinski

    Bellabay Realty (North)

    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19001582

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-101-014

Michigan Kent County Grand Rapids 49506 Baxter

840 Wealthy St SE, Grand Rapids, MI

This home is located at 840 Wealthy St SE, Grand Rapids, MI 49506 since 11 January 2019 and is currently estimated at $370,503. This property was built in 1900. 840 Wealthy St SE is a home located in Kent County with nearby schools including Martin Luther King Leadership Academy, 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes