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627 Watkins St SE, Grand Rapids, MI, 49507

3beds
2baths
840sqft
$250,000
$298price/sqft
$1,982/moest. monthly cost
$79,280/yrincome needed

About This Home

Investment Opportunity with a Head Start! Here's your chance to add value in Grand Rapids! This 3-bedroom, 2-bath home offers a functional layout with room to make it your own. The first floor features a kitchen, family room, dining room, one bedroom, and a fully remodeled full bath -- already giving you a head start on renovations. Upstairs you'll find two additional bedrooms and a full bath, while the basement includes a finished office space, perfect for remote work or extra flex space. Priced to reflect the work still needed throughout the rest of the home, this property is a great fit for investors, rehabbers, or anyone looking to build sweat equity with solid bones to work with. Whether your plan is a full rehab for resale or adding to your rental portfolio, 627 Watkins St SE offers real upside for the right buyer. Conveniently located with easy access to major roads, shopping, and downtown Grand Rapids.

Getting Around

80
WalkingVery Walkable
41
TransitSome Transit
52
BikeBikeable

Schools

Construction

Condition

  • Year built: 1920

Materials

  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 1

Features

  • Finished area below ground: 0

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 840
  • Total interior livable area: 840 sqft

Property

Details

  • Parcel number: 411431430018
  • Zoning description: RES

Features

  • Stories: 2

Lot

  • Lot size: 3,484 sqft
  • Lot size dimensions: 50 x 66

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Kent County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,264$15,168
Home Insurance *$120$1,440
Property Taxes $410$4,920
Electricity $188$2,259
Total$1,982$23,784
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,954/yr
40% on housing$59,460/yr
45% on housing$52,853/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$298This listing

vs Other Active Listings

Avg $/sqft

ZIP 49507$139
Kent County$197

vs Homes Sold Last Month

Median $/sqft

ZIP 49507$183
Kent County$201

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-06Listed for sale$250,000
2017-09-06Sold$47,500
2010-05-15Listing removed$49,900
2010-04-10Listed for sale$49,900

For Sale by Agent

AgentFilloreta Balaj-Elezi
BrokerageEXP Realty LLC

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