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941 Hazen St SE, Grand Rapids, MI, 49507

3beds
1baths
1,050sqft
$217,000
$207price/sqft
$1,578/moest. monthly cost
$63,120/yrincome needed

About This Home

For Sale By Owner Asking: $217,000 — FIRM. This is my floor; offers below it won't work for me. I am scheduling showings starting Tuesday, August 18 and accepting offers through August 31. The photos are from 2019 and the house has taken some normal wear since, so here are the details — good and bad. The Good: - Title is clean and insured. - Cash-flowing rental, currently generating income, and rental-certified by the City of Grand Rapids for another two years. - Hardwood floors refinished in 2019. - Brand-new water heater (June 2026). - Roof appears to be in good shape. - Roots in the lateral sewer line to the street haven't returned in years. - I know this house — I can point you to exactly where the problem areas are. THE BAD (no surprises) - I don't currently know the age of the furnace or roof. Neither has shown problems, but I can't yet tell you how old they are, I'm working on it. - The front-yard tree needs to come down. - Carpets are rough despite being replaced in 2019 — though I'm fairly confident there's hardwood under the carpet in the downstairs bedroom. - The front door needs some framing work. - Exterior needs paint. - Some spalling in the basement. - Some siding of the garage needs to be replaced. - Manual garage door functions but needs some work. Terms — Please Read This is a tenant-occupied investment sale. The property can only be sold subject to the existing lease, which must be honored through April 2027 with no rent increase to the current tenant. A completed Michigan Seller's Disclosure Statement will be provided to serious buyers — I'm aiming for full transparency. How to Submit an Offer: Offers are open through the end of the day on Sunday, August 31, and I'll decide after that. Please submit a written purchase agreement that includes: • Your offer price (at or above the $217,000 floor) • Any contingencies (financing, inspection, appraisal) • Your proposed closing date • Earnest money of at least $2,500, within 3 business days of mutual acceptance consideration, to be held in escrow by the title company (credited toward your purchase at closing) • Proof of funds or a lender pre-approval Why FSBO: Things are already expensive enough — I'm cutting out the middle-person. Most grown-humans are perfectly capable of buying and selling a home.

Getting Around

80
WalkingVery Walkable
37
TransitSome Transit
57
BikeBikeable

Schools

4/10
Brookside SchoolGrades PK-50.9 mi
2/10
Alger Middle SchoolGrades 6-80.3 mi
5/10
Ottawa Hills High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1935

Materials

  • Roof: Shake / Shingle

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Freezer,Microwave,Range / Oven,Refrigerator

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Carpet,Hardwood

Heating

  • Heating features: Forced air,Gas

Interior Area

  • Total interior livable area: 1,050 sqft

Property

Details

  • Parcel number: 411808104028

Features

  • Exterior features: Other,Shingle,Wood

Lot

  • Lot size: 5,052 sqft

Parking

  • Total spaces: 1
  • Parking features: Garage - Detached,Off-street

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

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

How This Home’s Risks Compare

Strong Wind
Cold Wave
Heat Wave
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 $1,097$13,164
Home Insurance *$104$1,248
Property Taxes $189$2,268
Electricity $188$2,259
Total$1,578$18,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$54,102/yr
40% on housing$47,340/yr
45% on housing$42,080/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

$207This listing

vs Other Active Listings

Avg $/sqft

ZIP 49507$140
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)

No zestimate history available

Price History

DateEventPrice
2026-07-29Listed for sale$217,000
2021-06-22Listing removed--
2021-05-09Listed for sale$170,000
2021-02-24Listing removed--
2020-03-26Listing removed$1,275
2019-11-01Listed for rent$1,275
2011-12-27Listing removed$36,000
2010-01-30Listed for sale$36,000

For Sale by Owner

AgentProperty Owner

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