NOT LISTED FOR SALE

Hillmount 505 Cherry St SE Unit 514 Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $144,000 - $149,177

1 Bed
1 Bath
369 Sq Ft
$179/mo HOA Fee

Last Sold January 01, 2025

Last sale price $140,000 $379 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,184/month

72 Days on Market

Highlights

  • Fitness Center
  • Forced Air Heating System
  • 3-minute walk to Foster Park
  • Home Gym
  • Laundry Facilities

About This Home

As of January 2025

This charming space is ideal for city living within walking distance to downtown GR and the vibrant Cherry Street Business District. Gorgeous views, efficient space, with a caring community of neighbors throughout the building. This studio has a full-sized updated bathroom and 2 full sized closets. This home is move in ready and offers easy living at its finest. Hillmount offers its residents a gym, on site laundry facilities, and a rooftop deck that provides amazing views of the city. Covered parking is available for $35 per month. Don't miss out on the opportunity to live in Heritage Hill at this amazing price! The current tenants lease ends in April. Schedule your private showing today!

Last Agent to Sell the Property

Britton Curtiss

Bellabay Realty (SW) License #6501414327 Listed on: 09/03/2024

Last Buyer's Agent

Dustin J. Anderson

Five Star Real Estate (Ada) License #6501390851

Five Star Real Estate (Ada)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,110

Year Built

  • Built in 1949

Lot Details

  • 1.86

HOA Fees

  • $179 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 369 Sq Ft Home
  • 1-Story Property
  • Home Gym

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • $358 HOA Transfer Fee
  • Hillmount Condominiums

Amenities

  • Laundry Facilities

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,110

Year Built

Built in 1949

Lot Details

0

HOA Fees

$179 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1949
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • 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: 369.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 2110.14
  • Tax Info:Zoning3: RES
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Condo Proj Name: Hillmount Condominiums
  • General Property Info:Entry Type: Security
  • General Property Info:Pets YN: Yes
  • General Property Info:SqFt Above Grade: 369.0
  • Laundry Features Common Area: Yes
  • General Property Info Garage YN: No
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Accessibility Features: Covered Entrance
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 369.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 144900.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Fitness Center, Pets Allowed
  • Association Fee: 179.0
  • Association Fee Frequency: Monthly
  • Association Phone: NA
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 179.0
  • Association Info:Assoc Buy in Fee: 358
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: mary@krimson.com
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:Fitness Center: Yes
  • Association Info:Association Phone: NA

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2110.14
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Dec 31, 2024
Sold by
Corey Zane C
Bought by
Setchfield James
Seller's Agent
Britton Curtiss
Bellabay Realty (SW)
Buyer's Agent
Dustin J. Anderson
Five Star Real Estate (Ada)
List Price
$144,900
Sold Price
$140,000
Premium/Discount to List
-$4,900
-3.38%
Views
106
Current Estimated Value
$146,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,294
Avg. Annual Appreciation
7.74%
Original Mortgage
$106,875
Outstanding Balance
$106,418
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$39,876

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 31, 2021
Sold by
Lee Mary R Zambon and Lee Marshall
Bought by
Corey Zane C
Seller's Agent
Michael Smallegan
Keller Williams GR East
Buyer's Agent
Larry Martin
Keller Williams Realty Rivertown
List Price
$115,000
Sold Price
$120,000
Premium/Discount to List
$5,000
4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$114,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2016
Closed on
Nov 17, 2016
Sold by
Atsah Enterprises Llc
Bought by
Lee Samuel and Lee Marshall
Seller's Agent
Edward Hansen
Keller Williams GR North
Buyer's Agent
Michael Smallegan
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$79,900
Sold Price
$77,100
Premium/Discount to List
-$2,800
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$61,680
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2014
Closed on
Apr 15, 2014
Sold by
Mary C O Neill Trust
Bought by
Atsah Enterprises Llc
Seller's Agent
Diane Griffin
Keller Williams GR North
Buyer's Agent
Margaret Hartline
Mitten Real Estate
List Price
$78,000
Sold Price
$73,000
Premium/Discount to List
-$5,000
-6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.13%

Purchase Details

Closed on
Oct 10, 2008
Sold by
Erickson Carl and Erickson Carl B
Bought by
Mary C Oneill Trust
Source: Public Records

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
Setchfield James $142,500 Lighthouse Title
Corey Zane C $120,000 None Available
Lee Samuel $77,100 Sun Title Agency Of Michigan
Atsah Enterprises Llc $73,000 Grand Rapids Title Co Llc
The Mary C O Neill Trust -- Grand Rapids Title Co Llc
Mary C Oneill Trust -- Metropolitan Title Company
Erickson Carl -- Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Setchfield James $106,875
Previous Owner Corey Zane C $114,000
Previous Owner Lee Samuel $61,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2025 01/01/25 Sold $140,000 -3.4% $379 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $144,900 +20.8% $393 / Sq Ft
09/03/2021 09/03/21 Sold $120,000 +4.3% $325 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $115,000 +49.2% $312 / Sq Ft
11/17/2016 11/17/16 Sold $77,100 -3.5% $209 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $79,900 +9.5% $217 / Sq Ft
04/15/2014 04/15/14 Sold $73,000 -6.4% $198 / Sq Ft
04/12/2014 04/12/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $78,000 -- $211 / Sq Ft
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
2025 $2,360 $58,400 $0 $0
2024 $2,360 $53,900 $0 $0
2023 $2,340 $49,500 $0 $0
2022 $2,224 $42,900 $0 $0
2021 $2,100 $42,200 $0 $0
2020 $2,031 $39,700 $0 $0
2019 $2,055 $39,700 $0 $0
2018 $2,055 $38,800 $0 $0
2017 $2,015 $34,800 $0 $0
2016 $1,706 $31,800 $0 $0
2015 $1,626 $31,800 $0 $0
2013 -- $28,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2025

    Britton Curtiss

    Bellabay Realty (SW)

    (269) 804-5710

    1 in this area

    63 Total Sales

    Section Image
  • Dustin J. Anderson

    Buyer's Agent in 2025

    Dustin J. Anderson

    Five Star Real Estate (Ada)

    (616) 889-4677

    6 in this area

    136 Total Sales

    Section Image

  • M

    Seller's Agent in 2021

    Michael Smallegan

    Keller Williams GR East

  • Larry Martin

    Buyer's Agent in 2021

    Larry Martin

    Keller Williams Realty Rivertown

    (616) 532-7200

    4 in this area

    612 Total Sales

    Section Image
  • Edward Hansen

    Seller's Agent in 2016

    Edward Hansen

    Keller Williams GR North

    (616) 291-7178

    2 in this area

    132 Total Sales

    Section Image

  • A

    Seller Co-Listing Agent in 2016

    Ashley Dietch

    Esquire Realty Group LLC

See All Agents

About Hillmount

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24046133

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-408-072

Michigan Kent County Grand Rapids 49503 Heritage Hill

505 Cherry St SE Unit 514, Grand Rapids, MI

This home is located at 505 Cherry St SE Unit 514, Grand Rapids, MI 49503 since 03 September 2024 and is currently estimated at $146,294, approximately $396 per square foot. This property was built in 1949. 505 Cherry St SE Unit 514 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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