NOT LISTED FOR SALE

501 James Ave SE Grand Rapids, MI 49503

Madison Area Neighborhood

Estimated Value: $322,000 - $360,000

4 Beds
1.5 Baths
1,883 Sq Ft
$183/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $260,000 $138 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,110/month

14 Days on Market

Highlights

  • Deck
  • Victorian Architecture
  • Porch
  • Wood Flooring
  • Sun or Florida Room
  • Eat-In Kitchen

About This Home

As of October 2022

Gorgeous Victorian Home located in a walkable neighborhood situated between Eastown, Heritage Hill & Downtown. Everything you could hope for being retained from this era, gorgeous moldings, ornate wood working details, pocket doors, fireplace, beautiful hardwood floors, spacious kitchen with an abundance of storage, four generously sized bedrooms & laundry upstairs. Outside features a cozy front porch, fenced in backyard with a side deck & additional to off-street parking. You can enjoy endless hours relaxing outside admiring the endless bloom gardens. Must see in person to truly appreciate all the hidden treasures in this lovely home. Pre-approved buyers only.

Last Agent to Sell the Property

Lucas Howard

Keller Williams GR East License #6502359815 Listed on: 09/14/2022

Keller Williams GR East

Co-Listed By

Malinda Root

Keller Williams GR East License #6501371923

Last Buyer's Agent

Lily Force

Key Realty License #6501399665

Key Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,025

Year Built

  • Built in 1890

Lot Details

  • 4,400 Sq Ft Lot
  • Lot Dimensions are 52 x 85
  • Decorative Fence
  • Shrub
  • Level Lot
  • Garden

Home Design

  • Victorian Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,883 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Sun or Florida Room
  • Basement
  • Michigan Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,025

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Victorian
  • Stories: 2
  • Year Built: 1890
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 52 x 85
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1883.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2025.29
  • Tax Info:Zoning3: Res
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Garden Area: Yes
  • Substructure:Michigan Basement: Yes
  • Landscape:Decor Fence: Yes
  • Landscape:Flower Garden: Yes
  • General Property Info:SqFt Above Grade: 1883.0
  • General Property Info Garage YN: No
  • Flooring:Wood Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Architectural Style Victorian: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Eat-in Kitchen, Pantry
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1883.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 713.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: 3 Season Room
  • List Price: 265000.0
  • Lot Features: Level
  • Patio and Porch Features: Deck, Patio, Porch(es)
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Features 3 Season Room: Yes
  • Patio and Porch Features:Porch(es): 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
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 52 x 85
  • Lot Size Sq Ft: 4400.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2025.29
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Oct 24, 2022
Sold by
Holland William J
Bought by
Mpindi Don and Mpindi Amy
Seller's Agent
Lucas Howard
Keller Williams GR East
Buyer's Agent
Lily Force
Key Realty
List Price
$280,000
Sold Price
$260,000
Premium/Discount to List
-$20,000
-7.14%
Views
3
Current Estimated Value
$344,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,493
Avg. Annual Appreciation
9.87%
Original Mortgage
$252,200
Outstanding Balance
$243,750
Interest Rate
6.7%
Mortgage Type
Balloon
Estimated Equity
$100,743

Purchase Details

Closed on
Dec 12, 2018
Sold by
Kittok Simon C
Bought by
Holland William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 28, 2014
Closed on
Nov 13, 2014
Sold by
Gorley Paul
Bought by
Holland William J and Kittok Simon C
Seller's Agent
Doretha Ardoin
Greenridge Realty (Kentwood)
Buyer's Agent
Jacob Lietaert
Keller Williams GR North (Main)
List Price
$148,900
Sold Price
$142,000
Premium/Discount to List
-$6,900
-4.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$134,900
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2003
Sold by
Love Sharon E
Bought by
Gorley Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,450
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2000
Sold by
Love Mitchell and Love Sharon
Bought by
Love Sharon and Gorley Paul
Source: Public Records

Range of Values:

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Average Value
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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
Mpindi Don $260,000 --
Holland William J -- Title Resource Agency
Holland William J $142,000 Chicago Title
Gorley Paul $85,000 Metropolitan Title Co
Love Sharon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mpindi Don $252,200
Previous Owner Holland William J $125,000
Previous Owner Holland William J $134,900
Previous Owner Gorley Paul $82,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2022 10/31/22 Sold $260,000 -1.9% $138 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
09/27/2022 09/27/22 Price Changed $265,000 -5.4% $141 / Sq Ft
09/14/2022 09/14/22 For Sale $280,000 +97.2% $149 / Sq Ft
11/13/2014 11/13/14 Sold $142,000 -4.6% $75 / Sq Ft View Prior Sale
10/14/2014 10/14/14 Pending -- -- --
09/28/2014 09/28/14 For Sale $148,900 -- $79 / 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 $3,569 $144,700 $0 $0
2024 $3,569 $119,200 $0 $0
2023 $3,538 $107,200 $0 $0
2022 $2,029 $105,800 $0 $0
2021 $1,984 $85,600 $0 $0
2020 $1,897 $80,900 $0 $0
2019 $1,986 $76,200 $0 $0
2018 $1,247 $62,700 $0 $0
2017 $1,214 $58,200 $0 $0
2016 $1,229 $34,700 $0 $0
2015 $1,143 $34,700 $0 $0
2013 -- $30,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lucas Howard

    Seller's Agent in 2022

    Lucas Howard

    Keller Williams GR East

    (616) 893-6478

    7 in this area

    1,187 Total Sales

    Lucas Howard
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Malinda Root

    Keller Williams GR East

    (616) 885-8732

    1 in this area

    164 Total Sales

    Malinda Root
    Section Image
  • Lily Force

    Buyer's Agent in 2022

    Lily Force

    Key Realty

    (616) 723-4152

    1 in this area

    93 Total Sales

    Lily Force
    Section Image

  • D

    Seller's Agent in 2014

    Doretha Ardoin

    Greenridge Realty (Kentwood)

    (616) 375-4869

    3 in this area

    54 Total Sales

    Doretha Ardoin
    Section Image
  • Jacob Lietaert

    Buyer's Agent in 2014

    Jacob Lietaert

    Keller Williams GR North (Main)

    (616) 447-9100

    67 Total Sales

    Jacob Lietaert
    Section Image
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Map

Source: MichRIC

MLS Number: 22039566

MichRIC

APN: 41-14-31-230-004

Michigan Kent County Grand Rapids 49503 Madison Area

501 James Ave SE, Grand Rapids, MI

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

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