$176,000
SOLD OCT 21, 2025

2550 Eastern Ave SE Unit 118 Grand Rapids, MI 49507

Alger Heights Neighborhood
3 Beds
2 Baths
1,488 Sq Ft
$250/mo HOA Fee

Recently Sold

$118 Per Sq Ft

28 Days on Market

Highlights

  • Traditional Architecture
  • Kitchen Island
  • Garden
  • Patio
  • Ceramic Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of October 2025

Welcome to The Seymour Condominiums! An exciting opportunity to own a modern, income-qualified home in the heart of Alger Heights. Developed by ICCF Community Homes, this historic school has been thoughtfully transformed into 27 affordable condominiums. Each two-story unit features 2-3 bedrooms, 2 full bathrooms, and a main-floor bedroom and bath for accessibility. Enjoy assigned parking, in-unit laundry, and a low-maintenance lifestyle with lawn care, snow removal, water, and trash included in the monthly fee. Close to parks, shops, and local businesses. See Income Guidelines and The Seymour Homebuyers Guide for specific Instructions on how to apply, Applications open 5/14/2025.

Last Agent to Sell the Property

Tanya Powell-May

Keller Williams GR North (Main) License #6506046475 Listed on: 05/14/2025

Keller Williams GR North (Main)

Co-Listed By

Jamecia Adams

Keller Williams GR East License #6506048536

Last Buyer's Agent

Dakota Riehl-Davis

ICCF Brokerage LLC License #6502432035

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,964

Year Built

  • Built in 1942

Lot Details

  • Shrub
  • Garden

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,488 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Schools

  • Brookside Elementary School
  • Alger Middle School
  • Ottawa Hills High School

Additional Features

  • Patio
  • Mineral Rights Excluded
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care
  • Association Phone (616) 552-9752
  • The Seymour Condominiums

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,964

Year Built

Built in 1942

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1942
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 118.28
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1488.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 2963.79
  • Tax Info:Zoning3: Res
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Substructure:Slab: Yes
  • Additional Items:Ceiling Fans: Yes
  • Mineral Rights:No: Yes
  • Landscape:Flower Garden: Yes
  • General Property Info:Condo Proj Name: The Seymour Condominiums
  • General Property Info:Entry Type: Common
  • General Property Info:Pets YN: Yes
  • General Property Info:SqFt Above Grade: 1488.0
  • Laundry Features Main Level: Yes
  • General Property Info Elementary School2: Brookside Elementary School
  • General Property Info High School: Ottawa Hills High School
  • General Property Info Middle School2: Alger Middle School
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Flooring:Vinyl Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Security Features:Smoke Detector(s): Yes
  • Remarks Misc: Public Remarks: Welcome to The Seymour Condominiums! An exciting opportunity to own a modern, income-qualified home in the heart of Alger Heights. Developed by ICCF Community Homes, this historic school has been thoughtfully transformed into 27 affordable condominiums. Each two-story unit features 2-3 bedrooms, 2 full bathrooms, and a main-floor bedroom and bath for accessibility. Enjoy assigned parking, in-unit laundry, and a low-maintenance lifestyle with lawn care, snow removal, water, and trash included in the monthly fee. Close to parks, shops, and local businesses. See Income Guidelines and The Seymour Homebuyers Guide for specific Instructions on how to apply, Applications open 5/14/2025.
  • Remarks Misc: Agent Only Remarks: Applications will OPEN on 5/14/2025. Submit application and preapproval letters (with lender prepared loan estimate worksheets) and required supporting income documentation directly to any member of the Elite Realty Collective at eliterealtycollective@gmail.com or directly to the ICCF. See Homebuyers guide https://tinyurl.com/SeymourGuide for more details about the program. Contact listing agents at 6163724272 or visit our website at www.eliterealtycollective.com We expect to have occupancy permits for all 27 units by September 17, 2025. Inspections and appraisals must be requested and completed between September 22 and September 26, 2025. Unit access will be provided by ICCF staff or an ERC listing agent.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Center Island
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Slab
  • LivingArea: 1488.0
  • General Property Info:Stories2: 2.0
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 176000.0
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: Yes
  • Garage: No
  • Parking Features: Carport
  • Parking Features Carport14: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Main Level
  • Security Features: Smoke Detector(s)
  • Sewer: Public
  • Water Source: Public
  • Heat Source:Electric2: Yes

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association Phone: 616-552-9752
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 250.0
  • Association Info:Assoc Buy in Fee: 0
  • Association Info:Assoc Fee Payable: Monthly
  • Association Info:Association Phone: 616.552.9752

Fee Information

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

Schools

  • Elementary School: Brookside Elementary School
  • High School: Ottawa Hills High School
  • Middle/Junior School: Alger Middle School

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: Res

Tax Info

  • Tax Annual Amount: 2963.79
  • Tax Year: 2025

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2025 10/21/25 Sold $176,000 0.0% $118 / Sq Ft
06/11/2025 06/11/25 Pending -- -- --
05/14/2025 05/14/25 For Sale $176,000 -- $118 / 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 -- $38,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 25020534

MichRIC

APN: 41-18-08-307-118