$345,000
SOLD JUN 22, 2018

525 College Ave SE Grand Rapids, MI 49503

Heritage Hill Neighborhood
-- Bed
-- Bath
-- Sq Ft
10,062 Sq Ft Lot

Recently Sold

1% Below List Price

9 Days on Market

Highlights

  • 1 Fireplace
  • 4 Car Garage
  • 5-minute walk to Mooney Park
  • Hot Water Heating System

About This Home

As of June 2018

Absolutely stunning 2 Unit Heritage Hill Historic District Home (convert into Single Family) with an amazing Yard and lots of Privacy - a true Gem in the Heart of Grand Rapids. First Floor GENEROUSLY sized Apartment With 2 Bedrooms and an Authentic GREAT ROOM With Fireplace used as Living Room and Library. Beautiful Hardwood Floors throughout and wide Hallways lead to the BRIGHT AND AIRY Formal Dining Room. Apartment Two offers Living At Its Best on the Second And Third Floors With 3 Bedrooms, 2 Full Baths And Dining Room. The Studio/ Family room/ Office Space/ Bedroom/ living Area showcases many Details of this Heritage Hill ''Great Dame'' and could easily integrate a Wet Bar/ Kitchen to complement it as it has already a Full Bath. Situated within a Great neighborhood w Sidewalk and Tre

Last Agent to Sell the Property

Ingrid Anastasiu

Keller Williams GR East License #6501380705 Listed on: 05/17/2018

Keller Williams GR East

Last Buyer's Agent

Royce Slater

Greenridge Realty (Cascade)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,096

Year Built

  • Built in 1885

Parking

  • 4 Car Garage

Home Design

  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • 10,062 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for trash collection, water, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,096

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full, Michigan Basement
  • Basement: Yes

Exterior Features

  • Builder Name: 3
  • Construction Materials: Aluminum Siding
  • List Price: 349500.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes

Utilities

  • Heating: Hot Water, Radiant
  • Heating: Yes
  • Utilities: Natural Gas Available, Cable Available, Electricity Connected

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Dimensions: 65*167*42*35*23*132
  • Lot Size Sq Ft: 10062.0
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Water, Gas
  • Tenant Pays: Electric

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 5096.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2022
Sold by
Vosmek/Mcclarren Revocable Trust
Bought by
Mcclarren Timothy G
Total Days on Market
9

Purchase Details

Listed on
May 17, 2018
Closed on
Jun 22, 2018
Sold by
Cook Ryan D
Bought by
Vosmek Mcclarren Revocable Trust
Seller's Agent
Ingrid Anastasiu
Keller Williams GR East
Buyer's Agent
Royce Slater
Greenridge Realty (Cascade)
List Price
$349,500
Sold Price
$345,000
Premium/Discount to List
-$4,500
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%

Purchase Details

Closed on
Nov 7, 2011
Sold by
Cook Ryan D and Cook Jennifer A
Bought by
Cook Ryan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 9, 2004
Sold by
Shelter Hill Llc
Bought by
Cook Ryan D and Cook Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 1992
Sold by
Jrgnsn Jrgnsn J J and Jrgnsn J
Bought by
Cook Ryan D

Purchase Details

Closed on
Apr 19, 1988

Purchase Details

Closed on
Mar 30, 1984
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $345,000 Devon Title Company
Interfamily Deed Transfer -- Nta
Warranty Deed $225,000 Lighthouse Title Inc
Quit Claim Deed -- --
Deed $62,500 --
Deed $53,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 Commercial
Previous Owner $76,129 Credit Line Revolving
Previous Owner $82,500 Credit Line Revolving
Previous Owner $70,000 Credit Line Revolving
Previous Owner $180,000 Commercial
Closed $33,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 For Sale $625,000 +81.2% $176 / Sq Ft
06/22/2018 06/22/18 Sold $345,000 -1.3% --
05/26/2018 05/26/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $349,500 -- --
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
2024 $6,390 $254,600 $0 $0
2023 $8,386 $222,700 $0 $0
2022 $7,970 $189,300 $0 $0
2021 $7,765 $187,200 $0 $0
2020 $7,505 $171,900 $0 $0
2019 $7,685 $144,000 $0 $0
2018 $5,172 $127,900 $0 $0
2017 $5,045 $116,800 $0 $0
2016 $5,070 $100,000 $0 $0
2015 $4,831 $100,000 $0 $0
2013 -- $93,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ingrid Anastasiu

    Seller's Agent in 2018

    Ingrid Anastasiu

    Keller Williams GR East

    (616) 304-0938

    11 in this area

    223 Total Sales

    Ingrid Anastasiu
    Section Image

  • R

    Buyer's Agent in 2018

    Royce Slater

    Greenridge Realty (Cascade)

    (616) 288-8815

    43 Total Sales

    Royce Slater
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18021426

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-206-020

Michigan Kent County Grand Rapids 49503 Heritage Hill

525 College Ave SE, Grand Rapids, MI

This home is located at 525 College Ave SE, Grand Rapids, MI 49503 and is currently priced at $345,000. This property was built in 1885. 525 College Ave SE is a home located in Kent County with nearby schools including Martin Luther King Leadership 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes