NOT LISTED FOR SALE

512 Lyon St NE Unit 1 Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $256,000 - $361,000

1 Bed
1 Bath
739 Sq Ft
$185/mo HOA Fee

Last Sold November 27, 2018

Last sale price $200,000 $271 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,130/month

Highlights

  • Recreation Room
  • Wood Flooring
  • Central Air
  • Traditional Architecture
  • Living Room
  • Dining Area

About This Home

As of November 2018

Great opportunity to be in one of the best hidden gems in town! This 1 bedroom, 1 bathroom, 739 SF condo in the El Dorado Building is a little slice of heaven. You have the privacy of your own home, laundry, off street parking in this professionally managed building with low monthly association fees. All the while you are also steps from the Medical Mile, Martha's Vineyard, Nantucket Bakery, Lyon Street Cafe, Fulton Street Farmers Market & downtown Grand Rapids. Enjoy all Heritage Hill has to offer!

Last Agent to Sell the Property

Katherine Stein

Greenridge Realty (EGR) Listed on: 11/08/2018

Last Buyer's Agent

Ryan Ogle

Bluhouse Properties LLC - I License #6502376991

Bluhouse Properties LLC - I

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,940

Year Built

  • Built in 1919

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 739 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Wood Flooring
  • Washer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available

Community Details

Overview

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

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,940

Year Built

Built in 1919

Lot Details

0

HOA Fees

$185 per month

Listing Details

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

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Wood Floor
  • Fireplace: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 739.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 199900.0
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected

Condo/Co-op/Association

  • Association Amenities: Pets Allowed, Storage
  • Association Fee: 185.0
  • 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: SquareFeet

Tax Info

  • Tax Annual Amount: 3940.13
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2018
Closed on
Nov 21, 2018
Sold by
Dillow R Monte
Bought by
Kay L Clarke Trust
Seller's Agent
Katherine Stein
Greenridge Realty (EGR)
Buyer's Agent
Ryan Ogle
Bluhouse Properties LLC - I
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$286,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,984
Avg. Annual Appreciation
4.91%

Purchase Details

Listed on
Sep 7, 2017
Closed on
Nov 13, 2017
Sold by
Sorenson Martha C
Bought by
Dillow R Monte
Seller's Agent
Kate Bylsma
Patriot Realty
Buyer's Agent
Katherine Stein
Maison Group Properties
List Price
$205,000
Sold Price
$192,000
Premium/Discount to List
-$13,000
-6.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%

Purchase Details

Closed on
Dec 16, 2013
Sold by
J D E & Associates Llc
Bought by
Sorenson Martha C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,900
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2011
Sold by
Mercantile Bank Mortgage Company Llc
Bought by
Jde & Associates Llc

Purchase Details

Closed on
Jul 24, 2009
Sold by
West Lake Associates Llc
Bought by
Mercantile Bank Mortgage Company Llc

Purchase Details

Closed on
Jun 30, 2009
Sold by
Cannon Enterprises Llc
Bought by
West Lake Associates Llc
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
Kay L Clarke Trust $200,000 Sun Title Agency Of Michigan
Dillow R Monte $192,000 Sun Title Agency Of Michigan
Sorenson Martha C $122,000 Bell Title Agency
Jde & Associates Llc $40,000 None Available
Mercantile Bank Mortgage Company Llc -- None Available
West Lake Associates Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sorenson Martha C $115,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2018 11/27/18 Sold $200,000 +0.1% $271 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $199,900 +4.1% $271 / Sq Ft
11/13/2017 11/13/17 Sold $192,000 -6.3% $260 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $205,000 -- $277 / 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 $5,082 $127,900 $0 $0
2024 $5,082 $110,400 $0 $0
2023 $5,041 $109,900 $0 $0
2022 $4,791 $92,400 $0 $0
2021 $4,681 $92,400 $0 $0
2020 $4,524 $92,400 $0 $0
2019 $3,989 $86,800 $0 $0
2018 $3,989 $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

  • K

    Seller's Agent in 2018

    Katherine Stein

    Greenridge Realty (EGR)

  • R

    Buyer's Agent in 2018

    Ryan Ogle

    Bluhouse Properties LLC - I

    Section Image
  • Scott Jacobs

    Buyer Co-Listing Agent in 2018

    Scott Jacobs

    Green Crown Real Estate LLC

    (616) 481-2122

    29 Total Sales

    Scott Jacobs
    Section Image
  • Kate Bylsma

    Seller's Agent in 2017

    Kate Bylsma

    Patriot Realty

    (616) 822-7843

    1 in this area

    150 Total Sales

    Kate Bylsma
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18054293

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-257-005

Michigan Kent County Grand Rapids 49503 Heritage Hill

512 Lyon St NE Unit 1, Grand Rapids, MI

This home is located at 512 Lyon St NE Unit 1, Grand Rapids, MI 49503 since 08 November 2018 and is currently estimated at $286,984, approximately $388 per square foot. This property was built in 1919. 512 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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