727 Prospect Ave SE Grand Rapids, MI 49503
South Hill NeighborhoodEstimated payment $2,662/month
Highlights
- 0.24 Acre Lot
- Forced Air Heating System
- Wood Siding
- 1 Fireplace
- High Speed Internet
- 4-minute walk to Pleasant Park
About This Home
Say Hello to this spacious duplex renovated from top to bottom over the years and located in historic South Hill, just outside of Heritage Hill. Close to downtown GR, Trinity, Mary Free Bed, Wealthy St Happenings and bus lines. Over 3,000 sq ft of pure elegance. Both units with 3 bedrooms, 1 1/2 baths, wood flooring & in unit laundry, Main floor with several pocket doors, ornate woodwork, tall ceilings, LR w/FP, spacious rooms, walk in closet & ornate woodwork, Upper unit w/wood flooring, in unit laundry, 3 bedrooms, 1 1/2 baths & offers 4th bedroom or office. Plenty of off street parking in rear. New boiler on main floor, upper has F/A furnace. Windows, drywall, fixtures, electrical all have been updated. This lovely home combines the elegant style of late 1800's with today's modern convenience and safety features. Great owner occupied or add to your portfolio. Lower unit easy to see, upper need notice. Do not miss this opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,403
Year Built
- Built in 1890
Lot Details
- 10,280 Sq Ft Lot
- Lot Dimensions are 71x145
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 1 Fireplace
- Basement
- Michigan Basement
- Laundry on main level
Parking
- 4 Parking Spaces
- Gravel Driveway
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Radiant Heating System
- Natural Gas Connected
- Individual Gas Meter
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- The owner pays for trash collection, water, sewer
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 | $3,186 | $190,300 | $0 | $0 |
| 2024 | $3,186 | $194,300 | $0 | $0 |
| 2023 | $3,161 | $169,600 | $0 | $0 |
| 2022 | $3,004 | $140,500 | $0 | $0 |
| 2021 | $2,886 | $126,500 | $0 | $0 |
| 2020 | $2,789 | $110,200 | $0 | $0 |
| 2019 | $2,768 | $91,000 | $0 | $0 |
| 2018 | $2,768 | $67,900 | $0 | $0 |
| 2017 | $2,701 | $57,300 | $0 | $0 |
| 2016 | $2,714 | $51,300 | $0 | $0 |
| 2015 | $2,655 | $51,300 | $0 | $0 |
| 2013 | -- | $49,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | For Sale | $439,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $120,000 | Metropolitan Title Company | |
| Warranty Deed | $100,000 | -- | |
| Warranty Deed | $80,000 | -- | |
| Deed | $55,000 | -- | |
| Sheriffs Deed | -- | -- | |
| Warranty Deed | $55,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $97,500 | Commercial | |
| Closed | $115,700 | Commercial | |
| Previous Owner | $70,000 | Commercial | |
| Previous Owner | $100,000 | Commercial |
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25045054
APN: 41-14-31-182-026
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Information is deemed reliable but not guaranteed.
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