NOT LISTED FOR SALE

587 Sheldon Ave SE Grand Rapids, MI 49503

Southeast Community Association Neighborhood

Estimated Value: $407,000 - $510,000

5 Beds
2 Baths
3,066 Sq Ft
$143/Sq Ft Est. Value

Sale Details

Date Sold: February 13, 2014

Last sale price $20,000 $7 Per Sq Ft

Est. 2,091% increase in value since last sale

Current estimated payment $2,612 / mo

74 Days on Market

About This Home

As of February 2014

Opportunity in SE Grand Rapids. Exterior of home has been completely updated within the last five years. New roof, siding and replacement windows. Detached garage. Located near the Grand Rapids University Preparatory School and not far from Downtown amenities, goods and services, and all major highways. Interior needs work from top to bottom, but could be a gem when completed. Tons of floor space, fireplaces, bay windows, are some of the features. Can be an investment opportunity or serve a large family. Community garden two doors down. Property to be sold as-is.

Last Agent to Sell the Property

Steven Elder

Coldwell Banker Schmidt Realtors Listed on: 11/15/2013

Coldwell Banker Schmidt Realtors

Last Buyer's Agent

Steven Elder

Coldwell Banker Schmidt Realtors Listed on: 11/15/2013

Coldwell Banker Schmidt Realtors

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1880

Lot Details

  • 6,027 Sq Ft Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,066 Sq Ft Home
  • Michigan Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1880

Lot Details

6,027 Sq Ft Lot

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1880
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 3066.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 24900.0
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6027.0

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 12, 2026
Sold by
Bought by
Current Estimated Value
$438,102

Purchase Details

Listed on
Nov 15, 2013
Closed on
Feb 7, 2014
Sold by
Bought by
Seller's Agent
Steven Elder
Coldwell Banker Schmidt Realtors
Buyer's Agent
Steven Elder
Coldwell Banker Schmidt Realtors
List Price
$29,900
Sold Price
$20,000
Premium/Discount to List
-$9,900
-33.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.06%

Purchase Details

Closed on
Sep 11, 2013
Sold by
Bought by

Purchase Details

Closed on
Jul 29, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 1998
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 Southeast Community Association, MI

  • Tammy Jo Budzynski Real Estate Agent - Keller Williams GR North

    Tammy Jo Budzynski

    Keller Williams GR North

    (616) 369-7280

    534 Total Sales

    1 in Southeast Community Association

    $305,000 Price

    Tammy Jo Budzynski
     Section Image
  • Caleb Henderson Real Estate Agent - Century 21 Affiliated (GR)

    Caleb Henderson

    Century 21 Affiliated (GR)

    (269) 430-2605

    67 Total Sales

    1 in Southeast Community Association

    $162,000 Price

    Caleb Henderson
     Section Image
  • Beau Otis Real Estate Agent - Greenridge Realty (Cascade)

    Beau Otis

    Greenridge Realty (Cascade)

    (269) 397-4055

    119 Total Sales

    1 in Southeast Community Association

    $271,000 Price

    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

    795 Total Sales

    2 in Southeast Community Association

    $175,000 Price Range

    Mark Brace
     Section Image
  • Connor Anderson Real Estate Agent - ReSIDE Grand Rapids

    Connor Anderson

    ReSIDE Grand Rapids

    (269) 430-2975

    144 Total Sales

    2 in Southeast Community Association

    $410K - $421K Price Range

    Connor Anderson
     Section Image
  • Ingrid Nelson Real Estate Agent - Greenridge Realty (Cascade)

    Ingrid Nelson

    Responds Quickly

    Greenridge Realty (Cascade)

    (269) 397-3940

    92 Total Sales

    1 in Southeast Community Association

    $196,500 Price

    Ingrid Nelson
     Section Image
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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
$20,000 Continental Title Agency Llc
$45,000 None Available
-- --
-- --
-- --
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 $50,000
Previous Owner $24,000
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
02/13/2014 02/13/14 Sold $20,000 -33.1% $7 / Sq Ft
01/28/2014 01/28/14 Pending -- -- --
11/15/2013 11/15/13 For Sale $29,900 -- $10 / 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 $2,442 $186,600 $0 $0
2024 $15 $130,700 $0 $0
2023 $1,534 $100,700 $0 $0
2022 $1,370 $87,700 $0 $0
2021 $1,424 $83,200 $0 $0
2020 $1,361 $69,200 $0 $0
2019 $1,426 $56,900 $0 $0
2018 $1,377 $54,600 $0 $0
2017 $1,340 $51,300 $0 $0
2016 $1,357 $38,300 $0 $0
2015 $1,958 $38,300 $0 $0
2013 -- $36,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Elder Real Estate Agent - Coldwell Banker Schmidt Realtors

    Seller's Agent in 2014

    Steven Elder

    Coldwell Banker Schmidt Realtors

    (616) 866-4434

    47 Total Sales

    Steven Elder
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Map

Source: MichRIC

MLS Number: 13065204

MichRIC

APN: 41-14-31-108-023

Michigan Kent County Grand Rapids 49503 Southeast Community Association

587 Sheldon Ave SE, Grand Rapids, MI

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

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