517 Prospect Ave SE Grand Rapids, MI 49503
Heritage Hill Neighborhood
4
Beds
2
Baths
2,385
Sq Ft
6,752
Sq Ft Lot
Highlights
- Recreation Room
- Wood Flooring
- Patio
- Traditional Architecture
- Breakfast Area or Nook
- 1-minute walk to Mooney Park
About This Home
As of June 2021Open House Tues, 3/26, and Weds, 3/27, from 2-4pm. Welcome to this handsome 4 bd, 2 ba brick home in the popular and historic Heritage Hill neighborhood, located at the center of all that Grand Rapids has to offer. This home has character and modern convenience, featuring two bedrooms and a full bath on both the main and upper floors. As you enter, you'll love the stately fireplace in the living room and the great layout flowing nicely into the formal dining room and updated kitchen with breakfast nook. There's ample storage space throughout, including the full basement. In the backyard, you'll find a patio area with a pergola and a storage shed. Schedule your private showing today!
Last Agent to Sell the Property
Keller Williams GR North License #6502361836 Listed on: 03/25/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,490
Year Built
- Built in 1931
Lot Details
- 6,752 Sq Ft Lot
- Shrub
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 2,385 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Gas Log Fireplace
- Living Room with Fireplace
- Dining Area
- Recreation Room
- Wood Flooring
- Basement Fills Entire Space Under The House
- Breakfast Area or Nook
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Patio
- Shed
- Storage Shed
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Phone Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2021
Closed on
Jun 9, 2021
Sold by
Amp4 Llc
Bought by
Drummond Kevin and Gyulamiryan Tatevik
Seller's Agent
Steven Volkers
Steve Volkers Group - I
Buyer's Agent
Sarah Lilly
West Edge Real Estate
List Price
$359,900
Sold Price
$385,500
Premium/Discount to List
$25,600
7.11%
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
$77,502
Avg. Annual Appreciation
4.71%
Original Mortgage
$346,950
Outstanding Balance
$316,165
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$150,179
Purchase Details
Closed on
Jul 24, 2019
Sold by
Cole Debbie and Cole Danton
Bought by
Amp4 Llc
Purchase Details
Listed on
Mar 25, 2019
Closed on
May 9, 2019
Sold by
Brown William and Brown Sarah E
Bought by
Cole Debbie and Cole Danton
Seller's Agent
Diane Griffin
Keller Williams GR North
Buyer's Agent
Steve Volkers
Five Star Real Estate (M6)
List Price
$255,000
Sold Price
$260,000
Premium/Discount to List
$5,000
1.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%
Original Mortgage
$208,000
Interest Rate
3.97%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 29, 2015
Sold by
Brown Sarah E
Bought by
Brown William and Brown Sarah E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,525
Interest Rate
3.68%
Mortgage Type
VA
Purchase Details
Closed on
Mar 1, 1994
Sold by
Coz Coz A A and Coz Brown S
Bought by
Brown Sarah E
Purchase Details
Closed on
Feb 22, 1982
Bought by
Brown Sarah E
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 | $385,500 | First American Title Ins Co | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $260,000 | None Available | |
| Interfamily Deed Transfer | -- | Title Source Inc | |
| Warranty Deed | $44,500 | -- | |
| Deed | $10,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $346,950 | New Conventional | |
| Previous Owner | $208,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $10,000 | Unknown | |
| Previous Owner | $76,525 | VA | |
| Previous Owner | $82,000 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2021 06/09/21 | Sold | $385,500 | +7.1% | $162 / Sq Ft |
| 05/10/2021 05/10/21 | Pending | -- | -- | -- |
| 05/06/2021 05/06/21 | For Sale | $359,900 | +38.4% | $151 / Sq Ft |
| 05/09/2019 05/09/19 | Sold | $260,000 | +2.0% | $109 / Sq Ft |
| 03/28/2019 03/28/19 | Pending | -- | -- | -- |
| 03/25/2019 03/25/19 | For Sale | $255,000 | -- | $107 / 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 | $3,870 | $165,900 | $0 | $0 |
| 2024 | $3,870 | $145,000 | $0 | $0 |
| 2023 | $3,926 | $126,100 | $0 | $0 |
| 2022 | $3,728 | $110,700 | $0 | $0 |
| 2021 | $5,476 | $108,400 | $0 | $0 |
| 2020 | $5,336 | $103,500 | $0 | $0 |
| 2019 | $1,477 | $95,000 | $0 | $0 |
| 2018 | $1,490 | $93,000 | $0 | $0 |
| 2017 | $1,454 | $84,900 | $0 | $0 |
| 2016 | $1,473 | $78,300 | $0 | $0 |
| 2015 | $1,377 | $78,300 | $0 | $0 |
| 2013 | -- | $70,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2021
Steven Volkers
Steve Volkers Group - I
-
Buyer's Agent in 2021
Sarah Lilly
West Edge Real Estate
(616) 422-5442
1 in this area
211 Total Sales
-
Seller's Agent in 2019
Diane Griffin
Keller Williams GR North
(616) 916-5960
2 in this area
102 Total Sales
-
Buyer's Agent in 2019
Steve Volkers
Five Star Real Estate (M6)
(616) 717-2179
2 in this area
190 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 19010874
APN: 41-14-31-134-024
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