Prime address in Heritage Hill. All brick two story colonial with 4 large rental units. Easy walking to downtown and to Corewell Health. Property has been in same family for many years and is currently rented. Large parking area in rear of house.
Sold
$485,000
120 Prospect Ave NE, Grand Rapids, MI 49503
4beds
4baths
3,300sqft
2 to 4 Units
Built in 1922
-- sqft lot
$569,800 Zestimate®
$147/sqft
$1,541 Estimated rent
Home value
$569,800
$536,000 - $610,000
$1,541/mo
Zestimate® history
Owner options
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$3,089/mo
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Zillow last checked:
Listing updated:
Listed by:
Jerry A Phillips 616-291-5329,
Windpoint Realty LLC
Bought with:
Jerry A Phillips
Windpoint Realty LLC
Source: MichRIC,MLS#: 24028146
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Laundry: Common Area
Features
- Basement: Full
Interior area
- Total interior livable area: 3,300 sqft
Property
Parking
- Total spaces: 5
Lot
- Size: 0.27 Acres
- Dimensions: N 60 FT OF LOT 6 BLK 6*
Details
- Parcel number: 411430181012
- Zoning description: no
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Brick
- Roof: Composition
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Storm Sewer
- Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Community & HOA
Location
- Region: Grand Rapids
Financial & listing details
- Price per square foot: $147/sqft
- Tax assessed value: $119,413
- Annual tax amount: $5,415
- Date on market: 6/5/2024
- Listing terms: Cash,Conventional
- Tenant pays: None
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2024 | Sold | $485,000-13.4%$147/sqft |
Source:  MichRIC #24028146 Report a problem | ||
| 6/5/2024 | Pending sale | $560,000$170/sqft |
Source: MichRIC #24028146 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,193 | $217,800 +9% |
| 2024 | -- | $199,800 +18% |
| 2021 | $5,415 | $169,300 +13.2% |
| 2020 | $5,415 +3.2% | $149,500 -9% |
| 2019 | $5,250 | $164,200 +0.4% |
| 2018 | -- | $163,500 +21.5% |
| 2017 | $5,146 | $134,600 +16.3% |
| 2016 | $5,146 | $115,700 |
| 2015 | $5,146 +5% | $115,700 +7.4% |
| 2013 | $4,903 | $107,700 -15.4% |
| 2011 | -- | $127,300 -4.1% |
| 2010 | -- | $132,800 -2.8% |
| 2009 | -- | $136,600 +3.8% |
| 2007 | -- | $131,600 +61.3% |
| 2006 | -- | $81,589 +3.7% |
| 2005 | -- | $78,678 +3.3% |
| 2004 | -- | $76,165 +6.2% |
| 2002 | -- | $71,705 +3.2% |
| 2001 | -- | $69,482 |
Find assessor info on the county website
Neighborhood: Heritage Hill
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Nearby schools
GreatSchools rating
- 4/10Grand Rapids Montessori Public SchoolGrades: PK-12Distance: 0.1 mi
- 4/10Innovation Central High SchoolGrades: 9-12Distance: 0.1 mi
- 6/10Grand Rapids University Preparatory AcademyGrades: 6-12Distance: 0.9 mi
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Estimated market value
$569,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$569,800
- Michigan
- Kent County
- Grand Rapids
- 49503
- Heritage Hill
- 120 Prospect Ave NE
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