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CondominiumResidential
Last sold for $222,000 on Jun 12, 2020

2006 WEALTHY ST SE

GRAND RAPIDS, MI 49506
1920
Year BuiltThe year the home was originally built, according to county records.
Built 19202 floors14 units508–1,230 ft²
$4.1M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$271K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$351
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+20.1%vs the Grand Rapids ZIP median sale $/ft² ($292)

Sales Performance

—
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
0
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
0.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+5.5%per yeartypical hold 3.5 yrsfrom 29 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
19982002200520092013201620202024
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
19982002200520092013201620202024

47 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$203K$267K$331K$396K508 ft²652 ft²797 ft²941 ft²1,086 ft²1,230 ft²
1 bd2 bd
1 bed
6 units
2 bed
8 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 2.5 ba · 1,201 ft²
2 units
One-off layouts
12 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$203K–$203K
1 unit
$246K–$246K
1 unit
$254K–$274K
6 units
$318K–$323K
2 units
$343K–$343K
1 unit
$353K–$353K
1 unit
$384K–$396K
2 units

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floor 1
$366/ft²
Floor 2
$357/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.71%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.29%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.9.9 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.83%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.17%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$256,587
Median tax billThe middle annual property tax bill among the building's units.$4,208
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 208Oct 2, 2024$258,500BuildingJun 17, 2024$210,000BuildingDec 7, 2022$285,000Unit 203Dec 5, 2022$215,000Unit 204Nov 23, 2022$210,000Unit 107Nov 24, 2021$260,000BuildingAug 19, 2021$185,000Unit 4Apr 1, 2021$242,500BuildingMar 16, 2021$320,000Unit 3Oct 5, 2020$205,500

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$7,416 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$118,700 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$116,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$237,400

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.42
46
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
61
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
73
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
29
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.8 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.34%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyKENT
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1985
HeatingThe type of heating system in the home.Hot Water
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(7)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Wealthy SchoolA-
Elementary · Grades KG–5 · 0.1 mi
H
East Grand Rapids High SchoolA
High · Grades 9–12 · 0.3 mi
M
East Grand Rapids Middle SchoolA
Middle · Grades 6–8 · 0.7 mi

District: East Grand Rapids Public School District

Neighborhood · ZIP 49506These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.75
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.78
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.19

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.37%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.34,891
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,516 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$112,610
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$137,856
Average tempThe average temperature here across a full year.47°F
Annual precipHow much rain and melted snow falls here in a typical year.37 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.46%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.No

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

2006 Wealthy St Se
2 bd · 1 ba · 933 ft²
$311K
2006 Wealthy St Se
2 bd · 1 ba · 817 ft²
$286K
2006 Wealthy St Se
1 bd · 1.5 ba · 887 ft²
$339K
2006 Wealthy St Se
1 bd · 1 ba · 641 ft²
$224K
2006 Wealthy St Se
2 bd · 2 ba · 1,000 ft²
$419K
2006 Wealthy St Se # 1
2 bd · 1.5 ba · 1,230 ft²
$384K
2006 Wealthy St Se # 3
2 bd · 2.5 ba · 1,201 ft²
$396K
2006 Wealthy St Se # 4
2 bd · 2.5 ba · 1,201 ft²
$343K
2006 Wealthy St Se # 101
1 bd · 1.5 ba · 730 ft²
$274K
2006 Wealthy St Se # 103
1 bd · 1 ba · 664 ft²
$246K
2006 Wealthy St Se # U104
2 bd · 1 ba · 821 ft²
$323K
2006 Wealthy St Se # 105
1 bd · 1 ba · 730 ft²
$254K
2006 Wealthy St Se # 107
2 bd · 1.5 ba · 933 ft²
$318K
2006 Wealthy St Se # 202
1 bd · 1 ba · 653 ft²
$258K
2006 Wealthy St Se # 203
1 bd · 1 ba · 675 ft²
$254K
2006 Wealthy St Se # 204
2 bd · 1 ba · 833 ft²
$266K
2006 Wealthy St Se # 205
2 bd · 2 ba · 1,000 ft²
$353K
2006 Wealthy St Se # 207
1 bd · 1 ba · 508 ft²
$203K
2006 Wealthy St Se # 208
2 bd · 1.5 ba · 887 ft²
$267K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 2006 Wealthy St

How many units are in 2006 Wealthy St, Grand Rapids, MI?

2006 Wealthy St, Grand Rapids, MI has 14 residential units across 2 floors, built in 1920, according to county assessor records.

What is a unit at 2006 Wealthy St, Grand Rapids, MI worth?

The median TopHap Estimate across the 14 units at 2006 Wealthy St, Grand Rapids, MI is $270,559. That works out to $351 per square foot. Units run from 508 to 1,230 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 2006 Wealthy St, Grand Rapids, MI expensive for Grand Rapids?

Units at 2006 Wealthy St, Grand Rapids, MI carry a median of $351 per square foot, 20% above the Grand Rapids median of $292 per square foot.

How often do units sell at 2006 Wealthy St, Grand Rapids, MI?

0 units at 2006 Wealthy St, Grand Rapids, MI sold in the last 12 months, out of 47 recorded arms-length sales all time. That is a turnover rate of 0.0% of the building per year.

Have units at 2006 Wealthy St, Grand Rapids, MI appreciated?

Across 29 repeat sales of the same unit, 2006 Wealthy St, Grand Rapids, MI returned a median 5.5% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 3.5 years.

What floor plans does 2006 Wealthy St, Grand Rapids, MI have?

The most common plan at 2006 Wealthy St, Grand Rapids, MI is a 2-bedroom of 1,201 square feet, repeated 2 times, with a median estimate of $369,596. TopHap identifies 1 recurring plans in the building.

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