NOT LISTED FOR SALE

253 Prospect Ave NE Unit 201 Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $245,000 - $276,000

2 Beds
1 Bath
1,020 Sq Ft
$392/mo HOA Fee

Last Sold January 25, 2024

Last sale price $224,500 $220 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,051/month

209 Days on Market

Highlights

  • Living Room
  • Forced Air Heating and Cooling System
  • High Speed Internet

About This Home

As of January 2024

GR Condo Partners is proud to present this opportunity to own a unit in Prospect Lofts Condominium. This home is in the premier Heritage Hill address. Many of the original characteristics have been preserved of this beautiful historical church. The finishes are high quality with tall ceilings, granite surfaces and stainless steel kitchen appliances. Each unit has a washer and dryer already in place. Prospect Lofts has its own private parking lot and each unit comes with a reserved space at no extra cost. There is a large rec room available to the owners.This is a spectacular property and its beautiful brick exterior and lush landscaping blend in perfectly with the surrounding Heritage Hill homes. Call for your private showing!

Last Listed By

Pamela Merriman

616 Realty LLC License #6501381067 Listed on: 05/08/2023

616 Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 1965

Lot Details

  • 0.59

HOA Fees

  • $392 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,020 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Association fees include trash, snow removal, lawn/yard care
  • $392 HOA Transfer Fee
  • Association Phone (616) 228-4792
  • Prospect Lofts Condominium Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,400

Year Built

Built in 1965

Lot Details

0

HOA Fees

$392 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1965
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 1020.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 250000.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Unit, Laundry Closet
  • Sewer: Public
  • Utilities: Cable Connected, High-Speed Internet
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 392.0
  • Association Fee Frequency: Monthly
  • Association Phone: 616-228-4792
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 392.0
  • Association Info:Assoc Buy in Fee: 392
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: Urban Monarch Manage
  • Association Info:Association Phone: 6162284792

Fee Information

  • Association Fee Includes: Trash, Snow Removal, Lawn/Yard Care

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: LDR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3400.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Jan 25, 2024
Sold by
Elm Street Llc
Bought by
Venema Sylvia K
Seller's Agent
Pamela Merriman
616 Realty LLC
Buyer's Agent
Robert Kirchgessner Jr.
Greenridge Realty (EGR)
List Price
$275,000
Sold Price
$224,500
Premium/Discount to List
-$50,500
-18.36%
Total Days on Market
209
Views
1327
Current Estimated Value
$265,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,581
Avg. Annual Appreciation
13.86%
Original Mortgage
$157,150
Outstanding Balance
$155,259
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$109,822

Range of Values:

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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 Buyer Sale Price Title Company
Venema Sylvia K $224,500 Sun Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venema Sylvia K $157,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $224,500 -10.2% $220 / Sq Ft
12/03/2023 12/03/23 Pending -- -- --
09/26/2023 09/26/23 Price Changed $250,000 -9.1% $245 / Sq Ft
05/08/2023 05/08/23 For Sale $275,000 0.0% $270 / Sq Ft
04/11/2017 04/11/17 Rented -- -- --
04/11/2017 04/11/17 Under Contract -- -- --
11/10/2016 11/10/16 For Rent $1,725 -- --
Source: Southwestern Michigan Association of REALTORS®

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
2024 $2,268 $147,900 $0 $0
2023 $3,540 $153,000 $0 $0
2022 $3,365 $150,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pamela Merriman

    Seller's Agent in 2024

    Pamela Merriman

    616 Realty LLC

    (616) 822-7698

    26 in this area

    213 Total Sales

    Pamela Merriman
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Mohsin Raza

    616 Realty LLC

    (347) 421-6534

    Section Image

  • R

    Buyer's Agent in 2024

    Robert Kirchgessner Jr.

    Greenridge Realty (EGR)

    (616) 822-2889

    2 in this area

    61 Total Sales

    Robert Kirchgessner Jr.
    Section Image
  • Michael VanderWoude

    Seller's Agent in 2017

    Michael VanderWoude

    Edison Brokers & Co LLC

    (616) 914-1556

    3 in this area

    50 Total Sales

    Michael VanderWoude
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23014539

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-136-002

Michigan Kent County Grand Rapids 49503 Heritage Hill

253 Prospect Ave NE Unit 201, Grand Rapids, MI

Homes for Sale in Grand Rapids, MI

This home is located at 253 Prospect Ave NE Unit 201, Grand Rapids, MI 49503 since 08 May 2023 and is currently estimated at $265,081, approximately $259 per square foot. This property was built in 1965. 253 Prospect Ave NE Unit 201 is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, Alger Middle School, and Ottawa Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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