NOT LISTED FOR SALE

Hillmount 505 Cherry St SE Unit 516 Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $170,000 - $196,000

1 Bed
1 Bath
629 Sq Ft
1949 Built

Sale Details

Date Sold: July 24, 2024

Last sale price $193,000 $307 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,501 / mo

1 Day on Market

Highlights

  • Fitness Center
  • Corner Lot: Yes
  • Home Gym
  • Deck
  • Great Room
  • 3-minute walk to Foster Park

About This Home

As of July 2024

This sophisticated 1 bedroom/1 bath Hillmount condominium provides a lifestyle of convenience with walk-to-town access to the vibrant culture of downtown Grand Rapids. Natural light floods the expansive open concept layout perfect for entertaining and relaxing. This custom kitchen features a massive island, pull outs, stainless steel appliances, and ample counter space, everything you need to unleash your inner chef. Heat, internet, trash/water/sewer are included in the monthly HOA dues, along with building amenities like the rooftop deck w/grilling area, a huge private storage cage (#108), fitness center, and more. Pets are welcome, some restrictions apply- see bylaws. Two a/c units are included in sale. Come experience life at this prime location by scheduling a showing today!

Last Agent to Sell the Property

Shauna Korn

Townsend Realty LLC License #6502324008 Listed on: 07/12/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,937

Year Built

  • Built in 1949

HOA Fees

  • $306 Monthly HOA Fees

Parking

  • Parking Permit Required

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 629 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Dining Area
  • Home Gym
  • Basement
  • Laundry in Basement
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Hot Water Heating System
  • High Speed Internet

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care, heat
  • $962 HOA Transfer Fee
  • Association Phone (616) 323-1082
  • Hillmount Condominiums
  • Hillmount Condominium. Subdivision

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,937

Year Built

Built in 1949

Lot Details

0 Sq Ft Lot

HOA Fees

$306 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1949
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 301.91
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 629.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 1937.0
  • Waterfront Options:Water Access YN: No
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • General Property Info:Fireplace: No
  • Heat Type:Hot Water: Yes
  • Substructure:Slab: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Location Property Info:Subdivision2: Hillmount Condominium.
  • Air Conditioning:Window Unit(s): Yes
  • Utilities Attached:High-Speed Internet: Yes
  • General Property Info:Condo Proj Name: Hillmount Condominiums
  • General Property Info:Entry Type: Common
  • General Property Info:Pets YN: Yes
  • Additional Items:Elevator: Yes
  • General Property Info:SqFt Above Grade: 629.0
  • Assoc Amenities:Laundry: Yes
  • Laundry Features In Basement: Yes
  • Laundry Features Common Area: Yes
  • General Property Info Garage YN: No
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Elevator, Center Island, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 629.0
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 189900.0
  • Lot Features: Corner Lot, Sidewalk
  • Patio and Porch Features: Deck
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Features: Permit Required
  • Parking Features:Permit Required: Yes

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Hot Water
  • Heating: Yes
  • Laundry Features: Common Area, In Basement
  • Sewer: Public
  • Utilities: Natural Gas Connected, High-Speed Internet
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Fitness Center, Laundry, Pets Allowed, Storage, Other
  • Association Fee: 306.03
  • Association Fee Frequency: Monthly
  • Association Phone: 616-323-1082
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 306.03
  • Association Info:Assoc Buy in Fee: 962.06
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:Fitness Center: Yes
  • Assoc Amenities:Storage: Yes
  • Association Info:Association Phone: 616-323-1082

Fee Information

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

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 1937.0
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Jul 24, 2024
Sold by
Bought by
Seller's Agent
Shauna Korn
Townsend Realty LLC
List Price
$189,900
Sold Price
$193,000
Premium/Discount to List
$3,100
1.63%
Views
11
Current Estimated Value
$185,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,918
Avg. Annual Appreciation
-2.11%

Purchase Details

Listed on
Oct 29, 2018
Closed on
Feb 22, 2019
Sold by
Bought by
Seller's Agent
Ashley Dietch
Hello Homes GR
Buyer's Agent
Ashley Dietch
Hello Homes GR
List Price
$129,900
Sold Price
$123,000
Premium/Discount to List
-$6,900
-5.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%

Purchase Details

Listed on
Mar 12, 2012
Closed on
Apr 13, 2012
Sold by
Bought by
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Ashley Dietch
Keller Williams GR East
List Price
$84,000
Sold Price
$81,000
Premium/Discount to List
-$3,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$76,950
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2012
Closed on
Feb 28, 2012
Sold by
Bought by
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Ashley Dietch
Keller Williams GR East
List Price
$84,000
Sold Price
$81,000
Premium/Discount to List
-$3,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,950
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 21, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,757
Interest Rate
6.68%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$193,000 First American Title
$123,000 Sun Title Agency Of Michigan
$81,000 Attorneys Title Agency Llc
-- None Available
$91,962 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $76,950
Closed $94,200
Closed $76,757
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2024 07/24/24 Sold $193,000 +1.6% $307 / Sq Ft
07/14/2024 07/14/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $189,900 +54.4% $302 / Sq Ft
02/22/2019 02/22/19 Sold $123,000 -5.3% $196 / Sq Ft View Prior Sale
02/06/2019 02/06/19 Pending -- -- --
10/29/2018 10/29/18 For Sale $129,900 +60.4% $207 / Sq Ft
04/13/2012 04/13/12 Sold $81,000 -3.6% $129 / Sq Ft View Prior Sale
03/21/2012 03/21/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $84,000 -- $134 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,409 $76,500 $0 $0
2024 $19 $70,700 $0 $0
2023 $1,824 $64,900 $0 $0
2022 $1,834 $56,200 $0 $0
2021 $1,793 $55,400 $0 $0
2020 $1,714 $52,000 $0 $0
2019 $2,124 $52,000 $0 $0
2018 $2,124 $50,900 $0 $0
2017 $2,072 $45,600 $0 $0
2016 $2,082 $41,700 $0 $0
2015 $1,984 $41,700 $0 $0
2013 -- $37,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Shauna Korn

    Townsend Realty LLC

    (248) 943-5200

    1 in this area

    13 Total Sales

    Shauna Korn
    Section Image
  • Ashley Dietch

    Seller's Agent in 2019

    Ashley Dietch

    Hello Homes GR

    (616) 439-1272

    6 in this area

    229 Total Sales

    Ashley Dietch
    Section Image

  • A

    Seller's Agent in 2012

    Anthony DeBartolo

    DeBartolo Realty - I

    Section Image
  • Steve Volkers

    Buyer Co-Listing Agent in 2012

    Steve Volkers

    Five Star Real Estate (M6)

    (616) 717-2179

    164 Total Sales

    Steve Volkers
    Section Image

  • S

    Buyer Co-Listing Agent in 2012

    Steven Volkers

    SVG Real Estate Firm - I

See All Agents

About Hillmount

Map

Source: MichRIC

MLS Number: 24034972

MichRIC

APN: 41-14-30-408-074

Michigan Kent County Grand Rapids 49503 Heritage Hill

505 Cherry St SE Unit 516, Grand Rapids, MI

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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