NOT LISTED FOR SALE

583 Sheldon Ave SE Grand Rapids, MI 49503

Southeast Community Association Neighborhood

Estimated Value: $281,000 - $380,000

4 Beds
2 Baths
-- Sq Ft
6,011 Sq Ft Lot Lot

Sale Details

Date Sold: March 24, 2023

Last sale price $282,000

Est. 15% increase in value since last sale

Current estimated payment $2,060 / mo

3 Days on Market

About This Home

As of March 2023

Opportunity is knocking with this great 2-unit investment right in downtown GR! Use as your primary residence to house hack, living in one side and renting out the other to live for cheap or free, or rent both units letting it cash flow, either way, growing your net worth! City Certified through 2/13/2029! Both apartments are move-in ready condition, with fresh paint and updates! Vinyl windows throughout, separate utilities, get in to see this one fast before it's gone!

Last Agent to Sell the Property

Doug Mol

Five Star Real Estate (Main) Listed on: 02/15/2023

Five Star Real Estate (Main)

Last Buyer's Agent

Brenden Stark

Keller Williams GR North License #6501425717

Keller Williams GR North

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,598

Year Built

  • Built in 1879

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 41x147

Home Design

  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,598

Year Built

Built in 1879

Lot Details

6,011 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1879
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 117.1
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 41X147
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: RES-Improved
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Substructure:Crawl Space: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Full, Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • List Price: 249900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 41X147
  • Lot Size Sq Ft: 6011.0
  • Zoning Description: RES-Improved

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1598.37
  • Tax Year: 2022

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

Closed on
Jan 21, 2026
Sold by
Bought by
Current Estimated Value
$324,562

Purchase Details

Listed on
Feb 15, 2023
Closed on
Mar 24, 2023
Sold by
Bought by
Seller's Agent
Doug Mol
Five Star Real Estate (Main)
Buyer's Agent
Brenden Stark
Keller Williams GR North
List Price
$249,900
Sold Price
$282,000
Premium/Discount to List
$32,100
12.85%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$276,892
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 7, 2010
Sold by
Bought by

Purchase Details

Closed on
May 22, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 2008
Sold by
Bought by

Purchase Details

Closed on
Feb 6, 2008
Sold by
Bought by

Purchase Details

Closed on
May 26, 1993

Purchase Details

Closed on
Aug 10, 1990
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- None Listed On Document
$282,000 Star Title
-- None Available
$9,000 Warranty Title Agency Llc
-- None Available
$50,478 None Available
$100 --
-- --
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
Previous Owner $276,892
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
03/24/2023 03/24/23 Sold $282,000 +12.8% --
02/18/2023 02/18/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $249,900 -- --
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 $3,695 $96,900 $0 $0
2024 $36 $88,300 $0 $0
2023 $1,682 $80,300 $0 $0
2022 $1,598 $66,900 $0 $0
2021 $1,557 $60,500 $0 $0
2020 $1,505 $51,800 $0 $0
2019 $1,541 $43,900 $0 $0
2018 $1,494 $33,200 $0 $0
2017 $1,458 $27,800 $0 $0
2016 $1,465 $27,300 $0 $0
2015 $1,396 $27,300 $0 $0
2013 -- $27,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Doug Mol

    Seller's Agent in 2023

    Doug Mol

    Five Star Real Estate (Main)

    (616) 667-9677

    2 in this area

    109 Total Sales

    Doug Mol
    Section Image

  • B

    Buyer's Agent in 2023

    Brenden Stark

    Keller Williams GR North

    (616) 617-2665

    1 in this area

    31 Total Sales

    Brenden Stark
    Section Image
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Map

Source: MichRIC

MLS Number: 23004621

MichRIC

APN: 41-14-31-108-022

Michigan Kent County Grand Rapids 49503 Southeast Community Association

583 Sheldon Ave SE, 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.

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