514 Lyon St NE Unit 1 Grand Rapids, MI 49503
Heritage Hill NeighborhoodEstimated Value: $296,940 - $317,000
1
Bed
1
Bath
974
Sq Ft
$260/mo
HOA Fee
Highlights
- Recreation Room
- Living Room
- Dining Area
- Traditional Architecture
- Forced Air Heating and Cooling System
About This Home
As of August 2023Heritage Hill living at its finest. This 1 bedroom/1 bath condo feels much larger than its 974 sq/ft thanks to high ceilings, an open concept main living space and an abundance of windows which help this condo feel light and bright. Off from the living room is a fantastic private terrace which looks out to the historic homes and tree lined streets in the neighborhood. Beautiful hardwood flooring and concrete countertops in the kitchen help create a great blend of modern and historic. There is a convenient off-street parking spot for one car and a nicely landscaped and well maintained common area. Very close to downtown and the medical mile and less than a 5 minute walk to Martha's Vineyard. Take a look today and instantly fall in love with the craftsmanship, charm and location.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,367
Year Built
- Built in 1919
Lot Details
- 0.45
HOA Fees
- $260 Monthly HOA Fees
Home Design
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- 974 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Area
- Recreation Room
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
Overview
- Association fees include water, trash, snow removal, sewer, lawn/yard care
- Association Phone (616) 365-5033
- El Dorado Condos
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 13, 2023
Closed on
Aug 18, 2023
Sold by
Mcisaac Michele Ann
Bought by
Whalen Lucy
Seller's Agent
Brian Boven
Five Star Real Estate (Rock)
Buyer's Agent
Ashley Dietch
Hello Homes GR
List Price
$299,000
Sold Price
$299,000
Total Days on Market
4
Views
55
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,985
Avg. Annual Appreciation
4.15%
Original Mortgage
$149,000
Outstanding Balance
$146,807
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$174,128
Purchase Details
Listed on
May 3, 2018
Closed on
Jun 22, 2018
Sold by
Hale Katie
Bought by
Mclsaac Michele Ann
Seller's Agent
Doug Hale
Coldwell Banker Woodland Schmidt Muskegon
Buyer's Agent
Brian Boven
Five Star Real Estate (Rock)
List Price
$205,900
Sold Price
$205,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$164,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 1, 2018
Closed on
Apr 6, 2018
Sold by
Vanbaren Krista M
Bought by
Hale Katie L
Seller's Agent
Christopher Billmeier
The Billmeier Group
Buyer's Agent
Doug Hale
Five Star Real Estate
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.11%
Original Mortgage
$194,750
Interest Rate
4.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 28, 2016
Sold by
Draper Masteller Susan J
Bought by
Vanbaren Krista M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 1, 2013
Closed on
Jul 24, 2013
Sold by
Vanee Janice E
Bought by
Draper Masteller Susan J
Seller's Agent
Thomas Ralston
The Realty Connection Assoc
Buyer's Agent
Tom Ralston
Ralston Realty - I
List Price
$145,000
Sold Price
$139,000
Premium/Discount to List
-$6,000
-4.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$114,750
Interest Rate
4.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 16, 2008
Sold by
Cannon Enterprises Llc
Bought by
Vanee Janice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 21, 2006
Sold by
Architrend Properties Llc
Bought by
Cannon Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
6.88%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 27, 2003
Sold by
Jalex Holding Co Llc and Dombrowski Jeffrey P
Bought by
Architrend Properties Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Grand Rapids, MI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Whalen Lucy | $299,000 | Star Title | |
| Mclsaac Michele Ann | $205,900 | Chicago Title Of Michigan In | |
| Hale Katie L | $205,000 | Grands Rapids Title Co Llc | |
| Vanbaren Krista M | $165,000 | Grand Rapids Title Co Llc | |
| Draper Masteller Susan J | $135,000 | Midstate Title Agency Llc | |
| Vanee Janice | $165,700 | None Available | |
| Cannon Enterprises Llc | -- | None Available | |
| Architrend Properties Llc | -- | Fatic |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Whalen Lucy | $149,000 | |
| Previous Owner | Mcisaac Michele Ann | $162,500 | |
| Previous Owner | Mcisaac Michele Ann | $162,500 | |
| Previous Owner | Mclsaac Michele Ann | $164,000 | |
| Previous Owner | Hale Katie L | $194,750 | |
| Previous Owner | Vanbaren Krista M | $132,000 | |
| Previous Owner | Draper Masteller Susan J | $114,750 | |
| Previous Owner | Vanee Janice | $113,000 | |
| Previous Owner | Cannon Enterprises Llc | $1,280,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2023 08/18/23 | Sold | $299,000 | 0.0% | $307 / Sq Ft |
| 07/17/2023 07/17/23 | Pending | -- | -- | -- |
| 07/13/2023 07/13/23 | For Sale | $299,000 | +45.2% | $307 / Sq Ft |
| 06/22/2018 06/22/18 | Sold | $205,900 | 0.0% | $211 / Sq Ft |
| 05/21/2018 05/21/18 | Pending | -- | -- | -- |
| 05/03/2018 05/03/18 | For Sale | $205,900 | +0.4% | $211 / Sq Ft |
| 04/06/2018 04/06/18 | Sold | $205,000 | +2.6% | $210 / Sq Ft |
| 03/02/2018 03/02/18 | Pending | -- | -- | -- |
| 03/01/2018 03/01/18 | For Sale | $199,900 | +43.8% | $205 / Sq Ft |
| 08/06/2013 08/06/13 | Sold | $139,000 | -4.1% | $143 / Sq Ft |
| 06/20/2013 06/20/13 | Pending | -- | -- | -- |
| 06/01/2013 06/01/13 | For Sale | $145,000 | -- | $149 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $5,962 | $119,500 | $0 | $0 |
| 2023 | $3,547 | $119,000 | $0 | $0 |
| 2022 | $3,367 | $100,000 | $0 | $0 |
| 2021 | $3,303 | $100,000 | $0 | $0 |
| 2020 | $3,158 | $100,000 | $0 | $0 |
| 2019 | $2,836 | $94,000 | $0 | $0 |
| 2018 | $2,836 | $81,500 | $0 | $0 |
| 2017 | $2,818 | $67,000 | $0 | $0 |
| 2016 | $2,214 | $62,500 | $0 | $0 |
| 2015 | $3,195 | $62,500 | $0 | $0 |
| 2013 | -- | $60,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Boven
Seller's Agent in 2023
Brian Boven
Five Star Real Estate (Rock)
(616) 293-3254
3 in this area
379 Total Sales
-
Ashley Dietch
Buyer's Agent in 2023
Ashley Dietch
Hello Homes GR
(616) 439-1272
12 in this area
246 Total Sales
-
D
Seller's Agent in 2018
Doug Hale
Coldwell Banker Woodland Schmidt Muskegon
-
Christopher Billmeier
C
Seller's Agent in 2018
Christopher Billmeier
The Billmeier Group
(616) 350-2998
2 in this area
63 Total Sales
-
T
Seller's Agent in 2013
Thomas Ralston
The Realty Connection Assoc
-
T
Buyer's Agent in 2013
Tom Ralston
Ralston Realty - I
8 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23024865
APN: 41-14-30-257-002
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