Seller's Agent in 2025
Ingrid Anastasiu
Keller Williams GR East
(616) 304-0938
9 in this area
213 Total Sales
Hillmount 505 Cherry St SE Unit 502 Grand Rapids, MI 49503
Heritage Hill Neighborhood
1
Bed
1
Bath
765
Sq Ft
$410/mo
HOA Fee
Highlights
- Fitness Center
- Home Gym
- Window Unit Cooling System
- Corner Lot: Yes
- Eat-In Kitchen
- 3-minute walk to Foster Park
About This Home
As of May 2025Welcome to one of the largest one-bedroom condos in this sought-after Downtown Grand Rapids building in Heritage Hill! Perched on the 5th floor, this beautifully decorated 765 sq. ft. residence offers breathtaking views and an open, airy feel. Thoughtfully designed with modern finishes and stylish touches, this unit is move-in ready and perfect for city living. Enjoy the convenience of on-site parking, access to a well-equipped common area, laundry rm and gym on-site; walking distance to hospitals and colleges. The spacious layout includes a generously sized bedroom and a well-appointed bath, offering comfort and functionality. Located in the vibrant city center, you're steps away from restaurants, nightlife, shopping, and cultural hotspots. Pay your own Mortgage instead of the landlord's
Last Agent to Sell the Property
Keller Williams GR East License #6501380705 Listed on: 04/09/2025
Last Buyer's Agent
Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6506048270
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,773
Year Built
- Built in 1949
Lot Details
- Shrub
- Level Lot
HOA Fees
- $410 Monthly HOA Fees
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- 765 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Area
- Home Gym
- Laminate Flooring
- Laundry on main level
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Snack Bar or Counter
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Location
- Mineral Rights Excluded
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Radiant Heating System
- Window Unit Heating System
- Hot Water Heating System
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
Overview
- Association fees include water, trash, snow removal, sewer, lawn/yard care, heat, cable/satellite
- $1,070 HOA Transfer Fee
- Association Phone (616) 323-1082
- Hillmount Condominiums
Amenities
- Laundry Facilities
- Community Storage Space
Recreation
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2025
Closed on
May 9, 2025
Sold by
Kyser Lance
Bought by
Hillman Kelly
Seller's Agent
Ingrid Anastasiu
Keller Williams GR East
Buyer's Agent
Maria Kauffman
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$219,000
Sold Price
$221,500
Premium/Discount to List
$2,500
1.14%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375
Avg. Annual Appreciation
0.39%
Original Mortgage
$10,000
Outstanding Balance
$9,971
Interest Rate
6.2%
Estimated Equity
$211,904
Purchase Details
Closed on
Jan 29, 2021
Sold by
Heiss Marilyn E
Bought by
Kyser Lance
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
2.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 19, 2008
Sold by
Marvin Gardens Partners Llc
Bought by
Heiss Marilyn E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,120
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $221,500 | None Listed On Document | |
| Warranty Deed | $120,000 | Pathway Title Agency Llc | |
| Warranty Deed | -- | Metropolitan Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $10,000 | No Value Available | |
| Open | $199,350 | New Conventional | |
| Previous Owner | $116,400 | New Conventional | |
| Previous Owner | $91,120 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | Sold | $221,500 | +1.1% | $290 / Sq Ft |
| 04/10/2025 04/10/25 | Pending | -- | -- | -- |
| 04/09/2025 04/09/25 | For Sale | $219,000 | -- | $286 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $2,611 | $101,700 | $0 | $0 |
| 2024 | $2,611 | $94,000 | $0 | $0 |
| 2023 | $2,650 | $86,200 | $0 | $0 |
| 2022 | $2,515 | $74,700 | $0 | $0 |
| 2021 | $1,915 | $73,600 | $0 | $0 |
| 2020 | $2,840 | $69,200 | $0 | $0 |
| 2019 | $2,819 | $69,200 | $0 | $0 |
| 2018 | $2,819 | $67,700 | $0 | $0 |
| 2017 | $2,750 | $60,700 | $0 | $0 |
| 2016 | $2,764 | $55,500 | $0 | $0 |
| 2015 | $2,633 | $55,500 | $0 | $0 |
| 2013 | -- | $49,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ingrid Anastasiu
-
Maria Kauffman
Buyer's Agent in 2025
Maria Kauffman
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
(616) 498-9411
2 in this area
83 Total Sales
About Hillmount
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25014153
APN: 41-14-30-408-077
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