514 Lyon St NE Unit 1 Grand Rapids, MI 49503
Heritage Hill Neighborhood
1
Bed
1
Bath
974
Sq Ft
0.45
Acres
About This Home
As of August 2023Executive 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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,876
Avg. Annual Appreciation
1.19%
Original Mortgage
$149,000
Outstanding Balance
$146,259
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$159,731
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
6.80%
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
Similar Homes in Grand Rapids, MI
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
Home Values in the Area
Average Home Value in this Area
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 | $162,500 | New Conventional | |
| Previous Owner | $162,500 | 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
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
-
Seller's Agent in 2023
Brian Boven
Five Star Real Estate (Rock)
(616) 293-3254
3 in this area
377 Total Sales
-
Buyer's Agent in 2023
Ashley Dietch
Hello Homes GR
(616) 439-1272
10 in this area
250 Total Sales
-
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
64 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
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 13031818
APN: 41-14-30-257-002
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