Jonathan Lum
EXIT Realty Home Partners
(517) 903-3018
217 Total Sales
5 in Grand Ledge
$218K - $412K Price Range
506 S Bridge St Grand Ledge, MI 48837
Grand Ledge Area
--
Bed
--
Bath
2,056
Sq Ft
9,148
Sq Ft Lot
Highlights
- 1 Car Attached Garage
- Forced Air Heating System
- 4-minute walk to Bridge Street Plaza
- Leon W. Hayes Middle School Rated A-
About This Home
As of June 2025Great investment opportunity near downtown Grand Ledge! 3 unit rental property. Many new features include new kitchen and bathroom flooring and vanity in Unit 504.5. Newer appliances in Unit 506 and Unit 504. Brand new washer and dryer in Unit 504.5. Refinished both front and back decks. Fresh paint throughout. Tenant leases are month to month. Monthly rent for Unit 504.5 is $575; Unit 506 is $1000. Unit 504 is $850. Landlord is currently paying for water and all utilities for tenants. However, Unit 504 is paying their own electric bill. Unit 506 has gas meter and electric meter (completely separate from all others). Unit 504 has electric meter and gas meter; however, it has a furnace and water heater that is shared with Unit 504.5. Unit 504 is vacant now. The gas meter is on the account for Unit 504. Unit 504.5 has electric meter (tenant is paying). TENANT OCCUPIED. 48 HR NOTICE.
Last Agent to Sell the Property
RE/MAX Real Estate Professionals License #6506045750 Listed on: 04/29/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 9,148 Sq Ft Lot
Parking
- 1 Car Attached Garage
- Driveway
Home Design
- Vinyl Siding
Interior Spaces
- 2,056 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Laundry in unit
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 3 Units
- Net Operating Income $29,100
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
Apr 29, 2025
Closed on
Jun 13, 2025
Sold by
Bought by
Seller's Agent
Gary Newton
RE/MAX Real Estate Professionals
Buyer's Agent
Jamie Bates
RE/MAX Real Estate Professionals Dewitt
List Price
$264,900
Sold Price
$254,900
Premium/Discount to List
-$10,000
-3.78%
Views
71
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,175
Outstanding Balance
$189,141
Interest Rate
6.76%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 10, 2022
Closed on
Jul 5, 2022
Sold by
Bought by
Seller's Agent
Brandon Frost
Mara Realty
Buyer's Agent
Non Member
Non Member Office
List Price
$139,900
Sold Price
$155,000
Premium/Discount to List
$15,100
10.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.44%
Original Mortgage
$139,500
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 21, 2012
Closed on
Nov 1, 2012
Sold by
Bought by
Seller's Agent
Jeannette Garr
Coldwell Banker Professionals-Delta
Buyer's Agent
Brian Huggler
RE/MAX Real Estate Professionals
List Price
$45,000
Sold Price
$23,400
Premium/Discount to List
-$21,600
-48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.69%
Purchase Details
Closed on
Sep 23, 2010
Sold by
Bought by
Purchase Details
Closed on
Jun 29, 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
$70,000
Interest Rate
6.62%
Mortgage Type
Seller Take Back
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Grand Ledge, MI
-
Jonathan Lum
-
Mary Miller
Mary Miller
RE/MAX Real Estate Professionals
(517) 742-2943
160 Total Sales
9 in Grand Ledge
$140K - $440K Price Range
-
Marci Browne
Marci Browne
AMERICA'S CHOICE REALTY LLC
(989) 533-5372
205 Total Sales
1 in Grand Ledge
$195,000 Price
-
David Gott
David Gott
Responds QuicklyKeller Williams Realty Lansing
(989) 614-4672
64 Total Sales
3 in Grand Ledge
$165K - $325K Price Range
-
Nick Sandborn
Nick Sandborn
Sandborn Real Estate
(517) 777-0906
144 Total Sales
1 in Grand Ledge
$181,699 Price
-
Renee Dwyer
Renee Dwyer
Keller Williams Realty Lansing
(517) 903-3108
151 Total Sales
2 in Grand Ledge
$62K - $375K Price Range
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 |
|---|---|---|---|
| $254,900 | Greater Lansing Title & Escrow | ||
| $155,000 | Bell Title | ||
| $23,400 | None Available | ||
| $115,973 | None Available | ||
| $160,000 | 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 |
|---|---|---|---|
| Open | $191,175 | ||
| Closed | $191,175 | ||
| Previous Owner | $139,500 | ||
| Previous Owner | $288,000 | ||
| Previous Owner | $102,258 | ||
| Previous Owner | $70,000 | ||
| Previous Owner | $111,166 |
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 |
|---|---|---|---|---|---|
| 06/13/2025 06/13/25 | Sold | $254,900 | 0.0% | $124 / Sq Ft | |
| 05/09/2025 05/09/25 | Price Changed | $254,900 | -3.8% | $124 / Sq Ft | |
| 04/29/2025 04/29/25 | For Sale | $264,900 | +70.9% | $129 / Sq Ft | |
| 07/05/2022 07/05/22 | Sold | $155,000 | +10.8% | $75 / Sq Ft | View Prior Sale |
| 06/10/2022 06/10/22 | For Sale | $139,900 | +497.9% | $68 / Sq Ft | |
| 11/20/2012 11/20/12 | Sold | $23,400 | -48.0% | $11 / Sq Ft | View Prior Sale |
| 10/09/2012 10/09/12 | Pending | -- | -- | -- | |
| 04/21/2012 04/21/12 | For Sale | $45,000 | -- | $22 / Sq Ft |
Source: Greater Lansing Association of Realtors®
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 |
|---|---|---|---|---|
| 2026 | $5,664 | $97,600 | $0 | $0 |
| 2025 | $4,287 | $93,900 | $0 | $0 |
| 2024 | $2,656 | $82,800 | $0 | $0 |
| 2023 | $2,694 | $82,800 | $0 | $0 |
| 2022 | $5,132 | $83,700 | $0 | $0 |
| 2021 | $4,930 | $82,000 | $0 | $0 |
| 2020 | $4,865 | $78,100 | $0 | $0 |
| 2019 | $4,638 | $145,586 | $0 | $0 |
| 2018 | $4,428 | $71,700 | $0 | $0 |
| 2017 | $4,412 | $71,700 | $0 | $0 |
| 2016 | $3,568 | $70,800 | $0 | $0 |
| 2015 | -- | $70,700 | $0 | $0 |
| 2014 | -- | $70,100 | $0 | $0 |
| 2013 | -- | $69,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Newton
Seller's Agent in 2025
Gary Newton
RE/MAX Michigan
(517) 410-8307
660 Total Sales
-
Jamie Bates
Buyer's Agent in 2025
Jamie Bates
RE/MAX Michigan
(517) 624-2729
342 Total Sales
-
Seirra McNamara
Buyer Co-Listing Agent in 2025
Seirra McNamara
RE/MAX Michigan
(989) 289-6416
49 Total Sales
-
Brandon Frost
B
Seller's Agent in 2022
Brandon Frost
Mara Realty
70 Total Sales
-
Mara Tomic-Bobas
M
Seller Co-Listing Agent in 2022
Mara Tomic-Bobas
Mara Realty
(517) 410-8064
77 Total Sales
-
N
Buyer's Agent in 2022
Non Member
Non Member Office
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 287668
APN: 400 061 656 020 00
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.
IDX information is provided exclusively for Consumers'
personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2026 Greater Lansing Association of REALTORS®
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