Sold

$350,000

1415 Sherman St SE, Grand Rapids, MI 49506

5beds

2baths

2,111sqft

2 to 4 Units

Built in 1906

-- sqft lot

$368,900 Zestimate^®

$166/sqft

$1,756 Estimated rent

Home value

$368,900

$339,000 - $402,000

$1,756/mo

Zestimate^® history

Owner options

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$1,756/mo

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$1,756/mo

Rent Zestimate^®

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$2,251/mo

Est. payment

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$2,251/mo

Est. payment

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What's special

Welcome to 1415 Sherman St SE. Located in the thriving East Town rental market, this location can't be beaten. Walking distance to shops, restaurants and all Wealthy Street/East Town have to offer. This property has lot of updates and would make an ideal owner-occupant duplex, where you could occupy one unit and rent the other unit or great addition to an investor's rental property. Strong rents and rental potential. 3 Bedrooms on main unit, 2 Bedrooms on upper unit. 2 Stall detached garage off alley.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2

Heating

Forced Air

Cooling

Window Unit(s)

Features

Basement: Full

Interior area

Total interior livable area: 2,111 sqft

Property

Parking

Total spaces: 2

Lot

Size: 4,791 Square Feet
Dimensions: 40 x 124

Details

Parcel number: 411432232014
Zoning description: Res / SFR

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Vinyl Siding
Roof: Composition

Condition

New construction: No
Year built: 1906

Utilities & green energy

Sewer: Public 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: $166/sqft
Tax assessed value: $136,448
Annual tax amount: $7,102
Date on market: 12/6/2024
Listing terms: VA Loan,FHA,Conventional
Tenant pays: Electricity
Electric utility on property: Yes

Price history

Date	Event	Price
1/17/2025	Sold	$350,000-2.8%$166/sqft
Source: MichRIC #24055569 Report a problem
12/11/2024	Pending sale	$359,900$170/sqft
Source: MichRIC #24055569 Report a problem
12/6/2024	Listed for sale	$359,900$170/sqft
Source: MichRIC #24055569 Report a problem
11/25/2024	Pending sale	$359,900$170/sqft
Source: MichRIC #24055569 Report a problem
10/22/2024	Listed for sale	$359,900+75.6%$170/sqft
Source: MichRIC #24055569 Report a problem
9/1/2020	Sold	$205,000+78.3%$97/sqft
Source: Public Record Report a problem
5/23/2013	Sold	$115,000-4.1%$54/sqft
Source: Public Record Report a problem
1/12/2013	Listed for sale	$119,900+19.9%$57/sqft
Source: Coldwell Banker Schmidt REALTORS #13002599 Report a problem
7/25/2012	Listing removed	$665
Source: Urban Pharm LLC Report a problem
6/16/2012	Listed for rent	$665-13.1%
Source: Urban Pharm LLC Report a problem
3/1/2012	Listing removed	$765
Source: Urban Pharm LLC Report a problem
2/28/2012	Listed for rent	$765
Source: Urban Pharm LLC Report a problem
8/8/2008	Sold	$100,000+132.6%$47/sqft
Source: Public Record Report a problem
6/23/2008	Sold	$43,000-55.1%$20/sqft
Source: Public Record Report a problem
7/23/2007	Sold	$95,712+15.3%$45/sqft
Source: Public Record Report a problem
5/8/2003	Sold	$83,000$39/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,430	$183,400 +9.7%
2024	--	$167,200 +32.9%
2021	$3,442	$125,800 +5%
2020	$3,442 +3.2%	$119,800 +14.6%
2019	$3,337	$104,500 +10.3%
2018	--	$94,700 +34.5%
2017	$3,271	$70,400 +8.1%
2016	$3,271	$65,100
2015	$3,271 +5%	$65,100 +21.2%
2013	$3,116	$53,700 -12.4%
2011	--	$61,300 -7.1%
2010	--	$66,000 -2.8%
2009	--	$67,900 +13.7%
2007	--	$59,700 +16.9%
2006	--	$51,066 +3.7%
2005	--	$49,244 +3.3%
2004	--	$47,671 +41.2%
2002	--	$33,760 +3.2%
2001	--	$32,714