708 Wealthy Street Southeast, Grand Rapids, MI 49503

Madison Area, Grand Rapids
Building in Madison Area
2 Stories
Built in 1900
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Welcome to 708 Wealthy Street Southeast, a building located in Madison Area, Grand Rapids in Grand Rapids, MI. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1900. There are a total of 2 floors. Finally, 708 Wealthy Street Southeast was most recently sold on Oct 29, 1985 for $7,500. In total, the total market value of the property as a whole is $1,091,800. According to local assessors, the total value of the building is currently valued at $545,900. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1900
Effective Year Built
1900
Building Count
1
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
unknown
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
2
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
Wood &/or steel frames
Property Class
Commercial
Subdivision
OF REMINGTON S ADD
Land Acres
0.099
Standard Land Use Code
Commercial (general)
County Land Use Code
unknown
Legal Description 1
LOT 80* DORAN S ASSESSOR S PLAT NO 4* OF PART OF BLKS 1, 2 & 4 OF REMINGTON S ADD
Ownership
Current Owner's Name
WILD BUNCH 708 LLC
Current Owner 2
RUSSELL SEAREA JR LAKE MONROE P
Owner Address - City
GRANDVILLE
Owner Address - State
MI
Owner Address - ZIP Code
49418
Ownership Rights Codes
Company/Corporation
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Grand Rapids Public Schools
School Tax School District
GRAND RAPIDS
Census Tract
003000
Census Block Code
1001
Census Group
1
Census Year
2023
Census - Combined Statistical Area - Area Code
266
Census - Combined Statistical Area - Area Name
Grand Rapids-Wyoming, MI
Census - County FIPS
26081
Census - Full FIPS
260810030001001
Census - Metro Micro Statistical Area - Area Code
24340
Census - Metro Micro Statistical Area - Area Name
Grand Rapids-Wyoming-Kentwood, MI
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
2634000
Census Source
US Census Bureau
Census State FIPS
26
Census Tract Code
003000
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
2616440
School District - Unified - Name
Grand Rapids Public Schools
Zoning
Zoning
TN-TBA
Geography
District
51
Parcel
41-14-31-228-002
Block
1-2
Lot
80
Lot Code
unknown
Municipality
GRAND RAPIDS CITY
Latitude
42.9554
Longitude
-85.6514
FIPS
26081
Mailing Carrier Code
R052
Mailing Street Segment Direction
SW
Mailing Full Street Address
4475 8TH AVE SW
Mailing House Number
4475
Mailing Street Mode
AVE
Mailing Street
8TH
Mailing 4-Digit Zip Code
9698
Geo Status Code
unknown
Valuation
Timestamp
2023-07-14 09:36:58
UCID Flag
C
More About The Building
In total, the building area is listed as 5,996 square feet. The building itself has 5,996 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 708 Wealthy Street Southeast is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Madison Area area have a median price of $1,995. Those in the 25th percentile, have a price around $1,423. While those in the 75th percentile, have a price around $2,598. Typically, the buildings in this area have a median sqft of 1,999. That means that the median price per sqft is around $1. In other words, the price per sqft for buildings in the 25th percentile is $1. While the price per sqft for buildings in the 75th percentile is $1. As a breakdown, we've included the following stats:

  • There is currently one advertised studio listing.
  • There are currently no one bedroom listings being advertised in the area.
  • There are currently no two bedroom listings being advertised in the area.
  • There are currently no three bedroom listings being advertised in the area.
  • There are currently a total of 2 four bedroom listings. The median price for these types of listings is $2,598. That's $1.29 price per sqft.
About The Area
708 Wealthy Street Southeast is located in 49507. There are 38,390 people living here. There are 12,105 households. Most of these households have an average family size of 3.75 people. According to the census, 43% are currently renting while 57% own their homes. The median age of this population is around 28.8 years old. On average, most folks in the zipcode are unmarried. About 28% of folks speak a language other than English in this area. The area's employment rate is currently around 58.3%. Speaking of employment, the median income is $36,573. Most folks will commute by car for around 20.8 minutes. Finally, we know that 26% of residents in the area have graduated with their high school degree. Additionally, 12% and 7% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Kent County, Michigan has a population of 629,352 people. Based on census records, there are 234,570 registered households. Families in this area are on average made up of 3.18 people per household. Most folks are unmarried. They are also typically around 34.9 years old. Does diversity matter to you? Right now, 12% of folks speak a language other than English here. About 31% rent while 69% purchased their homes. Right now, the community is made up of 25% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 12% have a Master's degree. The employment rate is currently around 64.1%. Those employed, have a median income of $54,673. If you move here, you can expect to commute mostly by car for around 21.1 minutes.

Finally, let's take a look at the stats related to Grand Rapids, MI Urban Area. The urban area is home to 594,898 people. A total of 221,168 households are registered here. With average family sizes being listed at 3.19 people. About 25% of residents have graduated with a high school degree. Of the rest, 23% have their Bachelor's and 12% have their Master's degree. Folks speaking a language other than English, make up about 12% of the population. Speaking of your commute, 64.3% of people in this area are employed. The recorded median income is currently at $52,810 per year. The median population age has been listed at 33.4 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 34% of the population while homeowners are at about 66% of the population.
-
Studio Median Rent
-
1BR Median Rent
-
2BR Median Rent
-
3BR Median Rent
PUBLIC TRANSIT
5
Wealthy at Henry (WB) (Under 500 ft - 3 min walk)
The Rapid
5
Wealthy at Henry (EB) (Under 500 ft - 3 min walk)
The Rapid
5
Wealthy at Eastern (EB) (550 ft - 3 min walk)
The Rapid
4
Eastern at Wealthy (SB) (580 ft - 3 min walk)
The Rapid
4
Eastern at Wealthy (NB) (620 ft - 3 min walk)
The Rapid

Nearby Schools

(within attendance boundary)
645 Logan St Se, Grand Rapids, MI 49503
Public  •  Elementary  •  Grades PK to 8
Grand Rapids Public Schools
Alger Middle School  •  2.43 mi
921 Alger St Se, Grand Rapids, MI 49507
Public  •  Middle School  •  Grades 6 to 8
Grand Rapids Public Schools
Ottawa Hills High School  •  2.39 mi
2055 Rosewood Ave Se, Grand Rapids, MI 49506
Public  •  High School  •  Grades 9 to 12
Grand Rapids Public Schools
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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