718 Fairview Ave NE Grand Rapids, MI 49503
Belknap Lookout NeighborhoodEstimated payment $2,481/month
Highlights
- 1 Fireplace
- Forced Air Heating System
- Wood Siding
- Window Unit Cooling System
- Level Lot
- 2-minute walk to Lookout Park
About This Home
Investment opportunity in downtown Grand Rapids - Belknap Park neighborhood! 718 Fairview is a well-maintained two-unit property just minutes from Medical Mile, Spectrum Health, and the heart of downtown GR. Lower unit: 2 beds, 1 full bath, spacious living area with fireplace, laundry. Upper unit: 2 beds, 1 bath, laundry, and bonus room for office or sleeping area. Private entrances for both units. Updates: roof (2017), range & furnace (2019), windows and bathrooms (2022). Clean, dry Michigan basement. Rare off-street parking for 6-8 vehicles. Upper and lower units are both tenant-occupied; tenant rights apply. Buyer to verify all information.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,902
Year Built
- Built in 1900
Lot Details
- 4,182 Sq Ft Lot
- Lot Dimensions are 40x120x25x40x150x80
- Level Lot
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 1 Fireplace
- Basement
- Michigan Basement
Parking
- 6 Parking Spaces
- Gravel Driveway
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Window Unit Heating System
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- The owner pays for water
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,640 | $138,100 | $0 | $0 |
2024 | $6,640 | $133,100 | $0 | $0 |
2023 | $2,970 | $125,400 | $0 | $0 |
2022 | $2,822 | $113,500 | $0 | $0 |
2021 | $3,124 | $101,800 | $0 | $0 |
2020 | $2,658 | $90,200 | $0 | $0 |
2019 | $2,721 | $80,500 | $0 | $0 |
2018 | $2,638 | $70,600 | $0 | $0 |
2017 | $3,192 | $62,400 | $0 | $0 |
2016 | $2,586 | $48,200 | $0 | $0 |
2015 | $2,464 | $48,200 | $0 | $0 |
2013 | -- | $36,600 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/14/2025 08/14/25 | For Sale | $349,900 | +17.8% | -- |
11/21/2023 11/21/23 | Sold | $297,000 | -11.1% | -- |
10/20/2023 10/20/23 | Pending | -- | -- | -- |
10/16/2023 10/16/23 | For Sale | $334,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $297,000 | First American Title | |
Warranty Deed | $175,000 | Sun Title Agency Of Mi Llc | |
Quit Claim Deed | -- | None Available | |
Warranty Deed | $165,000 | -- | |
Land Contract | -- | -- | |
Warranty Deed | $45,100 | -- | |
Sheriffs Deed | -- | -- | |
Warranty Deed | $67,000 | -- | |
Warranty Deed | $58,000 | -- | |
Warranty Deed | $50,500 | -- | |
Warranty Deed | $36,000 | -- | |
Warranty Deed | $23,900 | -- | |
Quit Claim Deed | -- | -- | |
Warranty Deed | $14,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $222,750 | New Conventional | |
Previous Owner | $133,000 | New Conventional | |
Previous Owner | $116,000 | Commercial | |
Previous Owner | $165,000 | Commercial |
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25041361

APN: 41-14-19-307-008
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