$579,250
SOLD JAN 2, 2025

218 E Main St Lowell, MI 49331

2 Beds
2.5 Baths
3,046 Sq Ft
2,134 Sq Ft Lot

Recently Sold

$190 Per Sq Ft

1% Below List Price

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Balcony
  • Cherry Creek Elementary School Rated A-
  • Corner Lot: Yes
  • Patio

About This Home

As of January 2025

Historic Lowell State Bank Building - Prime Downtown Location A rare opportunity to own a piece of history in the heart of Downtown Lowell! This beautifully remodeled building, originally the Lowell State Bank, offers a unique blend of residential and commercial potential. With 1,530 sq ft of commercial space on the main floor and stunning 1,530 sq. ft of residential features above, this property is a true gem. Spacious commercial area that can easily be converted to suit your needs. Main floor includes a full kitchen and half bathroom, making it suitable for both commercial or residential use. The upper level offers two bedrooms with a beautifully custom crafted interior, featuring high-end finishes and premium appliances.

Last Agent to Sell the Property

Jeff Heglund

JH Realty Partners License #6502418643 Listed on: 11/16/2024

Last Buyer's Agent

Kathryn Scheffler

Keller Williams GR North (Main) License #6501424443

Keller Williams GR North (Main)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,200

Year Built

  • Built in 1890

Lot Details

  • 2,134 Sq Ft Lot
  • Lot Dimensions are 26.75' x 85'
  • Corner Lot: Yes
  • Historic Home
  • Property is zoned Commercial, Commercial

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 3,046 Sq Ft Home
  • 3-Story Property
  • Window Treatments
  • Wood Flooring
  • Basement
  • Michigan Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,200

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Historic
  • Stories: 3
  • Year Built: 1890
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 192.02
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 26.75' x 85'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3046.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 10200.0
  • Tax Info:Zoning3: Commercial
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Substructure:Michigan Basement: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • Roofing:Rubber: Yes
  • General Property Info:SqFt Above Grade: 3046.0
  • Laundry Features Upper Level: Yes
  • General Property Info Garage YN: No
  • Flooring:Wood Floor: Yes
  • Architectural Style Historic: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Washer
  • Flooring: Wood
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Michigan Basement
  • LivingArea: 3046.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 3.0
  • Basement Rooms:Total Basement SQFT: 1120.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony
  • List Price: 584900.0
  • Lot Features: Corner Lot
  • Patio and Porch Features: Deck, Patio
  • Roof: Rubber
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes
  • Exterior Features:Balcony: Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Upper Level
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected, High-Speed Internet
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 26.75' x 85'
  • Lot Size Sq Ft: 2134.0
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10200.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2024
Closed on
Jan 2, 2025
Sold by
Wyant Aaron Wade and Wyant Alicia
Bought by
Gault Pete and Gault Kristine
Seller's Agent
Jeff Heglund
JH Realty Partners
Buyer's Agent
Kathryn Scheffler
Keller Williams GR North (Main)
List Price
$584,900
Sold Price
$579,250
Premium/Discount to List
-$5,650
-0.97%
Views
34
Current Estimated Value
$601,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,094
Avg. Annual Appreciation
4.51%

Purchase Details

Closed on
Aug 30, 2021
Sold by
Smith Douglas J and Smith Laura L
Bought by
Wyant Aaron Wade and Wyant Alicia

Purchase Details

Closed on
Dec 15, 2016
Sold by
Usry Hunter A
Bought by
Smith Douglas J and Smith Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 7, 2012
Closed on
Dec 7, 2012
Sold by
Hearthstone Holdings Llc
Bought by
Usry Hunter A
Seller's Agent
John Postma
RE/MAX of G.R. Inc. (SE) - I
Buyer's Agent
John Postma
RE/MAX Of Grand Rapids
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Aug 4, 2003
Sold by
Parnofiello Paul and Parnofiello Shannon
Bought by
Hearthstone Holdings Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $579,250 Sun Title
Warranty Deed $410,000 None Available
Warranty Deed -- First American Title Ins Co
Warranty Deed $245,000 None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $66,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/02/2025 01/02/25 Sold $579,250 -1.0% $190 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
11/16/2024 11/16/24 For Sale $584,900 +138.7% $192 / Sq Ft
12/07/2012 12/07/12 Sold $245,000 -7.5% $65 / Sq Ft View Prior Sale
12/07/2012 12/07/12 Pending -- -- --
12/07/2012 12/07/12 For Sale $265,000 -- $70 / Sq Ft
Source: MichRIC

Tax History Compared to Growth

Source: Public Records

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 $8,084 $248,500 $0 $0
2024 $8,084 $212,200 $0 $0
2023 $9,644 $194,400 $0 $0
2022 $8,891 $166,400 $0 $0
2021 $4,827 $108,300 $0 $0
2020 $4,133 $102,500 $0 $0
2019 $5,501 $99,800 $0 $0
2018 $5,381 $115,100 $0 $0
2017 $5,259 $82,700 $0 $0
2016 $4,361 $75,200 $0 $0
2015 -- $75,200 $0 $0
2013 -- $69,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Heglund

    Seller's Agent in 2025

    Jeff Heglund

    JH Realty Partners

    (616) 916-1915

    10 in this area

    129 Total Sales

    Jeff Heglund
    Section Image

  • K

    Buyer's Agent in 2025

    Kathryn Scheffler

    Keller Williams GR North (Main)

    (616) 447-9100

    3 in this area

    82 Total Sales

    Kathryn Scheffler
    Section Image

  • J

    Seller's Agent in 2012

    John Postma

    RE/MAX of G.R. Inc. (SE) - I

See All Agents

Map

Source: MichRIC

MLS Number: 24059732

MichRIC

APN: 41-20-02-413-020

Michigan Kent County Lowell 49331

218 E Main St, Lowell, MI

Sold

Detached

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MichRIC Information is deemed reliable but not guaranteed.
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