NOT LISTED FOR SALE

930 Wealthy St SE Grand Rapids, MI 49506

Baxter Neighborhood

Estimated Value: $573,000 - $941,000

-- Bed
-- Bath
-- Sq Ft
6,800 Sq Ft Lot

Last Sold November 07, 2014

Last sale price $323,000

Est. 183% increase in value since last sale

Current estimated payment $5,251/month

87 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 4-minute walk to Joe Taylor Park
  • High Speed Internet

About This Home

As of November 2014

Fully occupied 4 Unit Apartment Building in the highly desirable Uptown District! This 4 unit building was completely rebuilt from the frame up in 2002. New Heating and AC systems, appliances, roofing etc. We followed Green Building standards during reconstruction. Tight units with very low utility costs.

Last Agent to Sell the Property

Guy Bazzani

BAZZANI ASSOCIATES LLC - I License #6502140217 Listed on: 07/29/2014

Last Buyer's Agent

Guy Bazzani

BAZZANI ASSOCIATES LLC - I License #6502140217 Listed on: 07/29/2014

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,635

Year Built

  • Built in 1915

Lot Details

  • 6,800 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Insurance Expense $2,823
  • Maintenance Expense $1,305
  • Manager Expense $1,659
  • Operating Expense $11,015
  • Gross Income $41,470
  • Net Operating Income $30,455

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,635

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 349900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6800.0
  • Zoning Description: TBA

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 41470.0
  • Insurance Expense: 2823.0
  • Maintenance Expense: 1305.0
  • Manager Expense: 1659.0
  • Net Operating Income: 30455.0
  • Operating Expense: 11015.0

Tax Info

  • Tax Annual Amount: 2635.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2022
Sold by
Tvg Westside Properties Llc
Bought by
Griffith Timothy T and Griffith Virginia A
Current Estimated Value
$914,815

Purchase Details

Listed on
Jul 29, 2014
Closed on
Nov 7, 2014
Sold by
Lariat Properties Llc
Bought by
Tvg Westside Properties Llc
Seller's Agent
Guy Bazzani
BAZZANI ASSOCIATES LLC - I
Buyer's Agent
Guy Bazzani
BAZZANI ASSOCIATES LLC - I
List Price
$379,000
Sold Price
$323,000
Premium/Discount to List
-$56,000
-14.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%

Purchase Details

Closed on
Jan 6, 2004
Sold by
Bazzani Guy L
Bought by
Lariat Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 2001
Sold by
Americas Wholesale Lender
Bought by
Lariat Properties Llc

Purchase Details

Closed on
Aug 30, 2000
Sold by
Countrywide Sh and Countrywide Hm Ln
Bought by
Lariat Properties Llc

Purchase Details

Closed on
Jun 5, 1998
Sold by
Jsnsk Jsnsk J J and Jsnsk Houseman F
Bought by
Houseman F and Lariat Properties Llc

Purchase Details

Closed on
Nov 3, 1997
Sold by
Oaks Oaks R R and Oaks L
Bought by
Lariat Properties Llc

Purchase Details

Closed on
Sep 2, 1997
Sold by
Oaks Oaks R R and Oaks L
Bought by
Jasinski J and Lariat Properties Llc

Purchase Details

Closed on
Nov 8, 1994
Sold by
Soto Soto J J and Soto Oaks R
Bought by
Lariat Properties Llc

Purchase Details

Closed on
Sep 16, 1993
Sold by
Nelson Wansten
Bought by
Lariat Properties Llc
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
Griffith Timothy T -- None Listed On Document
Tvg Westside Properties Llc -- None Available
Lariat Properties Llc -- Metropolitan Title Company
Bazzani Guy L -- Metropolitan Title Company
Lariat Properties Llc $40,000 First American Title Ins Co
Lariat Properties Llc -- --
Houseman F $73,800 --
Lariat Properties Llc $29,000 --
Jasinski J $30,000 --
Lariat Properties Llc -- --
Lariat Properties Llc $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tvg Westside Properties Llc $236,600
Previous Owner Lariat Properties Llc $20,000
Previous Owner Bazzani Guy L $248,000
Previous Owner Lariat Properties Llc $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2014 11/07/14 Sold $323,000 -14.8% --
10/24/2014 10/24/14 Pending -- -- --
07/29/2014 07/29/14 For Sale $379,000 -- --
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 $3,205 $206,800 $0 $0
2024 $3,205 $190,800 $0 $0
2023 $3,179 $164,200 $0 $0
2022 $3,021 $148,600 $0 $0
2021 $2,944 $127,000 $0 $0
2020 $2,845 $111,700 $0 $0
2019 $2,913 $96,600 $0 $0
2018 $2,824 $82,700 $0 $0
2017 $2,755 $62,900 $0 $0
2016 $2,769 $51,600 $0 $0
2015 $2,638 $51,600 $0 $0
2013 -- $49,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Guy Bazzani

    BAZZANI ASSOCIATES LLC - I

    (616) 774-2002

    Section Image

  • A

    Buyer Co-Listing Agent in 2014

    Amanda Korte

    Berkshire Hathaway HomeServices Michigan Real Estate (Rock)

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14043588

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-102-005

Michigan Kent County Grand Rapids 49506 Baxter

930 Wealthy St SE, Grand Rapids, MI

This home is located at 930 Wealthy St SE, Grand Rapids, MI 49506 since 29 July 2014 and is currently estimated at $781,167. This property was built in 1915. 930 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.
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