NOT LISTED FOR SALE

510 Lyon St NE Unit 1 Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $240,000 - $306,000

1 Bed
1 Bath
770 Sq Ft
$225/mo HOA Fee

Last Sold October 31, 2019

Last sale price $194,180 $252 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,965/month

11 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Dining Area
  • Living Room
  • Replacement Windows
  • Heating Available

About This Home

As of October 2019

Welcome Home! Here's a RARE Opportunity To Own A Condo That Has Been Beautifully Restored in the Historic Heritage Hill District! This Condo Features Gorgeous Craftsmanship Throughout With Hardwood Flooring, Custom Crown Molding, Wainscoting, Original Restored Woodwork & More! The Open Floor Plan Features A Beautiful Kitchen With Concrete Counters & Stainless Appliances! The Condo Has Been Freshly Painted Throughout & Includes New Washer & Dryer! Outside You'll Find A Patio For Grilling & Entertaining & Private Parking Spot. Private, Secure Storage In The Basement & Entry! PLUS: Ideally Located Close to Martha's Vineyard, Nantucket Bakery, Lyon St. Cafe, Fulton St. Farmers Market & All That Downtown Has To Offer! This Condo Gives All The Feels of NYC or Boston Right Here in GR!

Last Agent to Sell the Property

Mark Brace

Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6502368851 Listed on: 10/03/2019

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Last Buyer's Agent

Paul Marantette

Green Square Properties LLC License #6506048443

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,111

Year Built

  • Built in 1919

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 770 Sq Ft Home
  • 1-Story Property
  • Replacement Windows
  • Living Room
  • Dining Area
  • Washer

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Connected
  • Cable TV Available

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,111

Year Built

Built in 1919

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1919
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Wood Floor
  • Fireplace: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 770.0
  • Window Features: Replacement
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Materials: Brick
  • List Price: 200000.0
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Cable Connected, Public Water, Public Sewer

Condo/Co-op/Association

  • Association Amenities: Pets Allowed
  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4111.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2021
Sold by
Murphy Ellen
Bought by
Williams Derek
Current Estimated Value
$277,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,500
Outstanding Balance
$188,274
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$89,206

Purchase Details

Listed on
Oct 3, 2019
Closed on
Oct 31, 2019
Sold by
Witcham Alannah R and Hebard Alannah R
Bought by
Murphy Ellen
Seller's Agent
Mark Brace
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Buyer's Agent
Paul Marantette
Green Square Properties LLC
List Price
$200,000
Sold Price
$194,180
Premium/Discount to List
-$5,820
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%

Purchase Details

Listed on
Apr 27, 2017
Closed on
May 4, 2017
Sold by
Wade Kimberly
Bought by
Hebard Alannah R
Seller's Agent
Kevin Lee
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Frederick Smith
RE/MAX Of Grand Rapids
List Price
$194,900
Sold Price
$197,500
Premium/Discount to List
$2,600
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.70%
Original Mortgage
$191,575
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2007
Sold by
Cannon Enterprises Llc
Bought by
Wade Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,900
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
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
Williams Derek $225,000 Bell Ttl Agcy Of Grand Rapid
Murphy Ellen $194,180 Title Resource Agency
Hebard Alannah R $197,500 None Available
Wade Kimberly $149,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Derek $207,500
Previous Owner Hebard Alannah R $191,575
Previous Owner Wade Kimberly $149,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $194,180 -2.9% $252 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $200,000 +1.3% $260 / Sq Ft
06/05/2017 06/05/17 Sold $197,500 +1.3% $256 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $194,900 -- $253 / 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 $3,230 $127,900 $0 $0
2024 $3,230 $110,400 $0 $0
2023 $3,277 $109,900 $0 $0
2022 $3,111 $92,400 $0 $0
2021 $3,143 $92,400 $0 $0
2020 $3,046 $92,400 $0 $0
2019 $4,115 $86,800 $0 $0
2018 $2,620 $75,300 $0 $0
2017 $2,019 $61,900 $0 $0
2016 $2,044 $57,700 $0 $0
2015 $1,901 $57,700 $0 $0
2013 -- $56,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Brace

    Seller's Agent in 2019

    Mark Brace

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (616) 447-7025

    2 in this area

    840 Total Sales

    Mark Brace
    Section Image
  • Paul Marantette

    Buyer's Agent in 2019

    Paul Marantette

    Green Square Properties LLC

    (313) 727-5570

    1 in this area

    97 Total Sales

    Paul Marantette
    Section Image
  • Steve Volkers

    Buyer Co-Listing Agent in 2019

    Steve Volkers

    Five Star Real Estate (M6)

    (616) 717-2179

    2 in this area

    181 Total Sales

    Steve Volkers
    Section Image

  • S

    Buyer Co-Listing Agent in 2019

    Steven Volkers

    SVG Real Estate Firm - I

  • K

    Seller's Agent in 2017

    Kevin Lee

    RE/MAX Michigan

  • Frederick Smith

    Buyer's Agent in 2017

    Frederick Smith

    RE/MAX

    (616) 389-3437

    1 in this area

    128 Total Sales

    Frederick Smith
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19048471

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-257-006

Michigan Kent County Grand Rapids 49503 Heritage Hill

510 Lyon St NE Unit 1, Grand Rapids, MI

This home is located at 510 Lyon St NE Unit 1, Grand Rapids, MI 49503 since 03 October 2019 and is currently estimated at $277,480, approximately $360 per square foot. This property was built in 1919. 510 Lyon St NE Unit 1 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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