$139,000
SOLD AUG 6, 2013

514 Lyon St NE Unit 1 Grand Rapids, MI 49503

Heritage Hill Neighborhood
1 Bed
1 Bath
974 Sq Ft
0.45 Acres

Recently Sold

$143 Per Sq Ft

4% Below List Price

19 Days on Market

About This Home

As of August 2023

Executive condo in the prestigious Heritage Hill neighborhood. This one bedroom, one bath condo that has soundproofed ceilings includes a beautifully updated kitchen with polished concrete counters, new light fixtures and stainless steel appliances. Other updates include heated tile flooring in the bathroom, new windows, in unit washer and dryer, refurbished hardwood flooring, and fresh paint. Located only a block from Martha's Vineyard and Nantucket Bakery and within walking distance to all that downtown Grand Rapids has to offer, all this condo needs is a new owner.

Last Agent to Sell the Property

Thomas Ralston

The Realty Connection Assoc Listed on: 06/01/2013

Last Buyer's Agent

Tom Ralston

Ralston Realty - I License #6504406620

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,962

Year Built

  • Built in 1919

Home Design

  • 974 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,962

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • Year Built: 1919
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 974.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 139000.0

Garage/Parking

  • Garage: No

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
Views
55
Current Estimated Value
$325,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,359
Avg. Annual Appreciation
4.07%
Original Mortgage
$149,000
Outstanding Balance
$145,698
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$179,661

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
7.24%
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
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 Type Sale Price Title Company
Warranty Deed $299,000 Star Title
Warranty Deed $205,900 Chicago Title Of Michigan In
Warranty Deed $205,000 Grands Rapids Title Co Llc
Warranty Deed $165,000 Grand Rapids Title Co Llc
Warranty Deed $135,000 Midstate Title Agency Llc
Warranty Deed $165,700 None Available
Warranty Deed -- None Available
Warranty Deed -- Fatic
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $149,000 New Conventional
Previous Owner $164,000 New Conventional
Previous Owner $194,750 New Conventional
Previous Owner $132,000 New Conventional
Previous Owner $114,750 New Conventional
Previous Owner $113,000 Purchase Money Mortgage
Previous Owner $1,280,000 Construction
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

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 $5,962 $138,500 $0 $0
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

    375 Total Sales

    Brian Boven
    Section Image
  • Ashley Dietch

    Buyer's Agent in 2023

    Ashley Dietch

    Hello Homes GR

    (616) 439-1272

    9 in this area

    250 Total Sales

    Ashley Dietch
    Section Image

  • D

    Seller's Agent in 2018

    Doug Hale

    Coldwell Banker Woodland Schmidt Muskegon

  • C

    Seller's Agent in 2018

    Christopher Billmeier

    The Billmeier Group

    (616) 350-2998

    1 in this area

    65 Total Sales

    Christopher Billmeier
    Section Image

  • T

    Seller's Agent in 2013

    Thomas Ralston

    The Realty Connection Assoc

  • T

    Buyer's Agent in 2013

    Tom Ralston

    Ralston Realty - I

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13031818

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-257-002

Michigan Kent County Grand Rapids 49503 Heritage Hill

514 Lyon St NE Unit 1, Grand Rapids, MI

This home is located at 514 Lyon St NE Unit 1, Grand Rapids, MI 49503 and is currently priced at $139,000, approximately $142 per square foot. This property was built in 1919. 514 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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