NOT LISTED FOR SALE

300 Madison Ave SE Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $696,000 - $763,000

Studio
-- Bath
-- Sq Ft
10,019 Sq Ft Lot

Last Sold November 14, 2024

Last sale price $675,000

Est. 7% increase in value since last sale

Current estimated payment $4,587/month

12 Days on Market

Highlights

  • Window Unit Cooling System
  • 4 Car Garage
  • Wood Siding
  • Forced Air Heating System
  • Laundry Facilities
  • 3-minute walk to Foster Park

About This Home

As of November 2024

Heritage Hill 4 unit - extremely rare. An absolute testimonial to craftsmanship. This iconic 2 story offers an opportunity to assume a master lease or create an owner occupied home of your dreams. With private driveway, carport and attached garage parking is plentiful. Fenced in backyard, lush landscaping, and treelined sidewalks offer an incredible oasis right in the heart of Grand Rapids. Around the corner from Trinity Health and Mary Free Bed, and just a few blocks from the entertainment district of Grand Rapids - this location is superb. Master lease will be month-to-month at the end of December offering flexibility on how you would like to position this must-have portfolio addition. Seller has elected to hold all offers through Sept 30 5PM

Last Agent to Sell the Property

John Rice

Berkshire Hathaway HomeServices Michigan Real Estate (Cascade) License #6502399219 Listed on: 09/20/2024

Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)

Last Buyer's Agent

Jane Zawacki

Greenridge Realty (EGR) License #6501272019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,308

Year Built

  • Built in 1912

Lot Details

  • 9,900 Sq Ft Lot
  • Lot Dimensions are 75 x 132

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Stucco

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 4 Car Garage
  • Carport

Location

  • Mineral Rights Excluded

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Phone Connected
  • Cable TV Available

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • The owner pays for trash collection, electricity, water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,308

Year Built

Built in 1912

Lot Details

9,900 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1912
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 204.3
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 75 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Water: Yes
  • Mineral Rights:No: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Extras:Laundry Facility: Yes
  • Laundry Features In Basement: Yes
  • Laundry Features Common Area: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick, Stucco, Wood Siding
  • List Price: 750000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes
  • Exterior Material:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Extras:Carports: Yes

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Common Area, In Basement
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Dimensions: 75 x 132
  • Lot Size Sq Ft: 9900.0
  • Zoning Description: RES

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 10308.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Nov 14, 2024
Sold by
Allen Creek Grand Rapids Llc
Bought by
Anhl Llc
Seller's Agent
John Rice
Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)
Buyer's Agent
Jane Zawacki
Greenridge Realty (EGR)
List Price
$750,000
Sold Price
$675,000
Premium/Discount to List
-$75,000
-10%
Views
21
Current Estimated Value
$722,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,331
Avg. Annual Appreciation
5.19%
Original Mortgage
$343,500
Outstanding Balance
$338,663
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving
Estimated Equity
$383,668

Purchase Details

Closed on
Oct 15, 2015
Sold by
Jones James R and Jones Linda Y
Bought by
Allen Creek Grand Rapids Llc

Purchase Details

Listed on
Apr 18, 2014
Closed on
Jul 28, 2014
Sold by
Marjorie G Loughrin Rev Trust
Bought by
Jones James R and Jones Linda Y
Seller's Agent
Patricia Misner (Jaime)
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Buyer's Agent
John Buckley
J Buckley and Assoc. Inc.
List Price
$379,000
Sold Price
$369,000
Premium/Discount to List
-$10,000
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
Oct 30, 1987
Bought by
Loughrin Marge Trust

Purchase Details

Closed on
Nov 1, 1984
Bought by
Loughrin Marge Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Anhl Llc $675,000 First American Title
Allen Creek Grand Rapids Llc -- Attorney
Jones James R $369,000 None Available
Loughrin Marge Trust $24,000 --
Loughrin Marge Trust $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anhl Llc $343,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2024 11/14/24 Sold $675,000 -10.0% --
10/02/2024 10/02/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $750,000 +103.3% --
07/28/2014 07/28/14 Sold $369,000 -2.6% -- View Prior Sale
07/16/2014 07/16/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $379,000 -- --
Source: MichRIC

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 $9,932 $409,200 $0 $0
2024 $99 $380,700 $0 $0
2023 $9,852 $327,200 $0 $0
2022 $9,364 $290,200 $0 $0
2021 $9,124 $322,000 $0 $0
2020 $8,818 $283,700 $0 $0
2019 $9,029 $232,800 $0 $0
2018 $8,752 $224,300 $0 $0
2017 $8,538 $183,600 $0 $0
2016 $8,580 $159,900 $0 $0
2015 $8,175 $159,900 $0 $0
2013 -- $149,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Rice

    Seller's Agent in 2024

    John Rice

    Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)

    (616) 951-4663

    1 in this area

    128 Total Sales

    John Rice
    Section Image
  • Jane Zawacki

    Buyer's Agent in 2024

    Jane Zawacki

    Greenridge Realty (EGR)

    (616) 540-2531

    1 in this area

    81 Total Sales

    Jane Zawacki
    Section Image

  • P

    Seller's Agent in 2014

    Patricia Misner (Jaime)

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

  • J

    Buyer's Agent in 2014

    John Buckley

    J Buckley and Assoc. Inc.

    (616) 451-9696

    John Buckley
    Section Image
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Map

Source: MichRIC

MLS Number: 24049936

MichRIC

APN: 41-14-30-451-011

Michigan Kent County Grand Rapids 49503 Heritage Hill

300 Madison Ave SE, Grand Rapids, MI

Not Listed for Sale

MultiFamily

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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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