1516 Cole Ave NE Grand Rapids, MI 49505
Creston NeighborhoodEstimated payment $1,258/month
Highlights
- Popular Property
- No HOA
- 3-minute walk to Sweet Street Park
- Traditional Architecture
- Forced Air Heating System
About This Home
Welcome to 1516 Cole Ave NE, a great starter home or an excellent investment opportunity in one of Grand Rapids' most desirable neighborhoods. This 3-bedroom, 1-bathroom home is located in the vibrant Creston area, just minutes from downtown, local shops, restaurants, and multiple parks. The property offers a functional layout with plenty of potential to add your personal touch. Whether you're looking to purchase your first home or expand your rental portfolio, this home presents a fantastic opportunity in a growing area. Don't miss your chance to own a home close to everything Grand Rapids has to offer! Brand new roof not in photos.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,473
Year Built
- Built in 1886
Lot Details
- 6,186 Sq Ft Lot
- Lot Dimensions are 50x124
Home Design
- Traditional Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
Kitchen
- Oven
- Range
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Basement
- Michigan Basement
- Laundry in Basement
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,531 | $74,500 | $0 | $0 |
| 2024 | $1,531 | $67,600 | $0 | $0 |
| 2023 | $1,553 | $49,000 | $0 | $0 |
| 2022 | $1,475 | $48,400 | $0 | $0 |
| 2021 | $2,212 | $42,400 | $0 | $0 |
| 2020 | $1,892 | $37,000 | $0 | $0 |
| 2019 | $1,118 | $32,500 | $0 | $0 |
| 2018 | $1,084 | $28,200 | $0 | $0 |
| 2017 | $1,193 | $23,900 | $0 | $0 |
| 2016 | $1,199 | $23,400 | $0 | $0 |
| 2015 | $1,143 | $23,400 | $0 | $0 |
| 2013 | -- | $24,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/13/2025 12/13/25 | For Sale | $199,900 | +63.9% | $198 / Sq Ft | |
| 02/07/2020 02/07/20 | Sold | $122,000 | -12.8% | $121 / Sq Ft | View Prior Sale |
| 01/01/2020 01/01/20 | Pending | -- | -- | -- | |
| 12/06/2019 12/06/19 | For Sale | $139,900 | +94.3% | $139 / Sq Ft | |
| 05/21/2019 05/21/19 | Sold | $72,000 | -44.6% | $71 / Sq Ft | View Prior Sale |
| 04/25/2019 04/25/19 | Pending | -- | -- | -- | |
| 03/27/2019 03/27/19 | For Sale | $129,900 | -- | $129 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | $121,000 | None Listed On Document | |
| Warranty Deed | $122,000 | None Available | |
| Warranty Deed | $75,000 | None Available | |
| Quit Claim Deed | $3,589 | None Available | |
| Warranty Deed | $18,750 | Sun Title Agency Of Mi Llc | |
| Warranty Deed | $28,000 | None Available | |
| Sheriffs Deed | $75,370 | None Available | |
| Interfamily Deed Transfer | -- | Mich Title Co Ne | |
| Warranty Deed | $77,900 | -- | |
| Warranty Deed | $37,100 | -- | |
| Warranty Deed | $32,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $119,790 | FHA | |
| Previous Owner | $79,000 | Commercial | |
| Previous Owner | $68,850 | New Conventional | |
| Previous Owner | $70,110 | No Value Available |
Source: MichRIC
MLS Number: 25061847
APN: 41-14-18-402-009
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