NOT LISTED FOR SALE

551 Eastern Ave NE Grand Rapids, MI 49503

Midtown Grand Rapids Neighborhood

Estimated Value: $286,000 - $316,558

3 Beds
2 Baths
1,418 Sq Ft
$216/Sq Ft Est. Value

Sale Details

Date Sold: July 25, 2022

Last sale price $230,900 $163 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,029 / mo

6 Days on Market

Highlights

  • 0.28 Acre Lot
  • Corner Lot
  • 1 Car Detached Garage
  • Cape Cod Architecture
  • Breakfast Area or Nook
  • Forced Air Heating System

About This Home

As of July 2022

Check out this meticulously maintained home near the medical mile! This house is a blank canvas for any new buyer to put their own mark on. Recent updates include fresh paint throughout, new flooring in main level bathroom, and new carpet in the upper level. Roof, furnace, and windows all replaced in the past 10 years. Other features include a beautiful 4 season porch, large living room, 4th non conforming bedroom in the upper level, and spacious eat in kitchen with adjacent dining room. Unfinished basement is another large area that is waiting to be finished for additional living space. Offers not to be reviewed until Monday, June 27 at 12noon. Schedule your private showing today!

Last Agent to Sell the Property

Heather Vanderveen

RE/MAX of Grand Rapids (Stndl) License #6501374107 Listed on: 06/22/2022

RE/MAX of Grand Rapids (Stndl)

Last Buyer's Agent

Todd Fencil

RE/MAX of Grand Rapids (Stndl) License #6501288439

RE/MAX of Grand Rapids (Stndl)

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,781

Year Built

  • Built in 1951

Lot Details

  • 12,327 Sq Ft Lot
  • Lot Dimensions are 111x127
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,418 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,781

Year Built

Built in 1951

Lot Details

0.28 Acres

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cape Cod
  • Stories: 2
  • Year Built: 1951
  • General Property Info:Basement: Yes
  • General Property Info:Main Level Primary: Yes
  • Manufactured:Manufactured YN: No
  • Mineral Rights:Mineral Rights: Unknown
  • Sewer:Sewer: Public Sewer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven, Dryer, Washer, Range
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1418.0
  • Kitchen Features:Kitchen Features: Breakfast Nook

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 199900.0
  • Lot Features: Corner Lot
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Roofing:Roofing: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Water Source: Public
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Forced Air

Lot Info

  • Lot Size Acres: 0.283
  • Lot Size Area: 0.28
  • Lot Dimensions: 111x127
  • Lot Size Sq Ft: 12327.0
  • Zoning Description: RES

Tax Info

  • Tax Annual Amount: 1781.0
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Jul 29, 2022
Sold by
Bought by
Seller's Agent
Heather Vanderveen
RE/MAX of Grand Rapids (Stndl)
Buyer's Agent
Todd Fencil
RE/MAX of Grand Rapids (Stndl)
List Price
$199,900
Sold Price
$230,900
Premium/Discount to List
$31,000
15.51%
Current Estimated Value
$306,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,240
Avg. Annual Appreciation
7.16%
Original Mortgage
$207,810
Outstanding Balance
$196,462
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$109,678

Purchase Details

Closed on
Oct 17, 1990
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Midtown Grand Rapids, MI

  • Jennifer McNamara Real Estate Agent - Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    Jennifer McNamara

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (616) 816-4033

    92 Total Sales

    2 in Midtown Grand Rapids

    $287K - $360K Price Range

    Jennifer McNamara
     Section Image
  • Tammy Jo Budzynski Real Estate Agent - Keller Williams GR North

    Tammy Jo Budzynski

    Keller Williams GR North

    (616) 369-7280

    530 Total Sales

    1 in Midtown Grand Rapids

    $230,000 Price

    Tammy Jo Budzynski
     Section Image
  • Keith King Real Estate Agent - Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    Keith King

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (269) 397-3882

    178 Total Sales

    2 in Midtown Grand Rapids

    $223K - $385K Price Range

    Keith King
     Section Image
  • Derek Sanchez Real Estate Agent - 616 Realty LLC

    Derek Sanchez

    616 Realty LLC

    (616) 300-1381

    92 Total Sales

    2 in Midtown Grand Rapids

    $330,000 Price Range

    Derek Sanchez
     Section Image
  • Beau Otis Real Estate Agent - Greenridge Realty (Cascade)

    Beau Otis

    Greenridge Realty (Cascade)

    (269) 397-4055

    120 Total Sales

    2 in Midtown Grand Rapids

    $310,000 Price Range

    Beau Otis
     Section Image
  • Mark Brace Real Estate Agent - Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    Mark Brace

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (269) 430-2613

    791 Total Sales

    9 in Midtown Grand Rapids

    $225K - $407K Price Range

    Mark Brace
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$230,900 Chicago Title
$40,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $207,810
Previous Owner $24,521
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/25/2022 07/25/22 Sold $230,900 +15.5% $163 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $199,900 -- $141 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,197 $171,000 $0 $0
2024 $41 $143,700 $0 $0
2023 $4,061 $123,100 $0 $0
2022 $1,822 $112,800 $0 $0
2021 $1,781 $107,100 $0 $0
2020 $1,703 $98,100 $0 $0
2019 $1,784 $84,700 $0 $0
2018 $1,722 $79,800 $0 $0
2017 $1,677 $70,400 $0 $0
2016 $1,697 $67,800 $0 $0
2015 $1,578 $67,800 $0 $0
2013 -- $55,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Vanderveen Real Estate Agent - RE/MAX of Grand Rapids (Stndl)

    Seller's Agent in 2022

    Heather Vanderveen

    RE/MAX of Grand Rapids (Stndl)

    (616) 318-2742

    1 in this area

    104 Total Sales

    Heather Vanderveen
    Section Image
  • Todd Fencil Real Estate Agent - RE/MAX of Grand Rapids (Stndl)

    Buyer's Agent in 2022

    Todd Fencil

    RE/MAX of Grand Rapids (Stndl)

    (616) 581-1041

    1 in this area

    74 Total Sales

    Todd Fencil
    Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 22025417

MichRIC

APN: 41-14-19-478-022

Michigan Kent County Grand Rapids 49503 Midtown Grand Rapids

551 Eastern Ave NE, Grand Rapids, MI

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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.