NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
0.25 Acres

Last Sold March 15, 2021

Last sale price $825,000

62 Days on Market

Highlights

  • 0.25 Acre Lot
  • Baseboard Heating
  • 4-minute walk to Baldwin Park
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of March 2021

This beautiful historic home located in the Heritage Hill Historic District features two-bedroom and one-bath, one-bedroom and one-bath, and studio apartments. The neighborhood is pedestrian and bike-friendly with easy access to downtown Grand Rapids, shopping, nightlife, local coffee shops, and restaurants. It is also conveniently located near the Medical Mile, MSU College of Medicine, Grand Valley State University's downtown campus, GR Community College, St. Mary's Hospital, DeVos Children's Hospital, Mary Free Bed, and Spectrum Downtown Hospital. This property features great historical design details, original millwork, hardwood floors, and natural light. Amenities include shared laundry facilities, a common area front porch, shared green space, raised garden bed, and pet-friendly units. Heat, electricity, central air, Wi-Fi, trash, and recycling are included with the rent. Residents are responsible for a $20-50 per month water fee. All applicants must meet the minimum gross income requirement of 2.5 times the monthly rent and must pass a credit and criminal background check. There is a $75 administrative fee for all applicants over the age of 18. If interested please call or email leasing@redstone- EOH

Last Agent to Sell the Property

Bradley Veneklase

Urban Soil Realty License #6502408797 Listed on: 09/25/2020

Last Buyer's Agent

Kevin Knoll

Five Star Real Estate (Grandv) License #6501226121

Five Star Real Estate (Grandv)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $12,353

Year Built

  • Built in 1875

Lot Details

  • 0.25

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding
  • Stone

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Cable TV Available

Additional Features

  • Walk-Out Basement
  • 0.25 Acre Lot

Listing and Financial Details

  • The owner pays for water, sewer, gas

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • Insurance Expense $5,448
  • Maintenance Expense $1,800
  • Operating Expense $30,288
  • Gross Income $83,820
  • Net Operating Income $53,532

Property Details

Home Type

Apartment

Est. Annual Taxes

$12,353

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1875
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walk Out

Exterior Features

  • Construction Materials: Wood Siding, Stone
  • List Price: 875000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Radiant, Forced Air, Baseboard
  • Heating: Yes
  • Utilities: Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10956.0
  • Zoning Description: Comm. Improved
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Gross Income: 83820.0
  • Insurance Expense: 5448.0
  • Maintenance Expense: 1800.0
  • Net Operating Income: 53532.0
  • Number of Units Total: 6
  • Operating Expense: 30288.0

Tax Info

  • Tax Annual Amount: 12353.0
  • Tax Year: 2020

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2025 04/13/25 Off Market $1,125 -- --
01/31/2025 01/31/25 For Rent $1,125 0.0% --
01/07/2025 01/07/25 Off Market $1,125 -- --
12/03/2024 12/03/24 For Rent $1,125 0.0% --
08/27/2024 08/27/24 Price Changed $1,125 0.0% $6 / Sq Ft
08/27/2024 08/27/24 For Rent $1,125 -13.1% --
02/16/2024 02/16/24 For Rent $1,295 0.0% --
01/19/2024 01/19/24 For Rent $1,295 0.0% --
05/12/2023 05/12/23 Price Changed $1,295 -3.7% $6 / Sq Ft
05/12/2023 05/12/23 For Rent $1,345 0.0% --
03/15/2021 03/15/21 Sold $825,000 -5.7% --
11/26/2020 11/26/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $875,000 +80.1% --
04/14/2017 04/14/17 Sold $485,900 -11.6% --
03/09/2017 03/09/17 Pending -- -- --
02/20/2017 02/20/17 For Sale $549,800 +29.4% --
10/09/2015 10/09/15 Sold $425,000 +1.2% --
08/13/2015 08/13/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $420,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20040205

Southwestern Michigan Association of REALTORS®