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  • $240,000

    1516 Colorado Ave SE, Grand Rapids, MI 49507

    2beds
    692sqft
    Single Family Residence
    Built in 1929
    5,662 Square Feet Lot
    $262,100 Zestimate®
    $347/sqft
    $1,364 Estimated rent

    Home value

    $262,100

    $244,000 - $280,000

    $1,364/mo

    Zestimate® history
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    What's special

    Fully remodeled kitchenSoft-close cabinetsStainless steel appliances
    Welcome to this well cared for and absolutely adorable 2-bedroom home. Thoughtfully updated over the years, its most recent improvements include added insulation and water heater, helping to keep utility costs low year-round. Enjoy the fully remodeled kitchen featuring soft-close cabinets and stainless steel appliances, designed for both everyday function and modern appeal. Set in a quiet, well-connected neighborhood and perfectly situated just a short walking distance from both Mulick and Cambridge Parks; with easy access to downtown Grand Rapids, schools, and shopping. All appliances are included, and ready for immediate possession. OPEN HOUSE from 1pm-3pm Saturday, 6/28. All and Any offers will need to be received by 5pm on Mon, 6/30

    Zillow last checked:

    Listing updated:

    Listed by:

    Adam Connor 616-813-7759,

    Bellabay Realty LLC

    Bought with:

    Lisa Wiersma, 6506047678

    Five Star Real Estate (Main)

    Source: MichRIC,MLS#: 25030734MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 2
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
    • Laundry: In Basement
    Features
    • Windows: Replacement
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 692
    • Total interior livable area: 692 sqft
    • Finished area below ground: 0

    Property

    Features
    • Stories: 1
    • Patio & porch: Scrn Porch
    Lot
    • Size: 5,662 Square Feet
    • Dimensions: 60 x 97
    Details
    • Additional structures: Shed(s)
    • Parcel number: 411805277014
    • Zoning description: RES

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1929

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $347/sqft
    • Tax assessed value: $61,408
    • Annual tax amount: $3,337
    • Date on market: 6/25/2025
    • Listing terms: Cash,FHA,VA Loan,MSHDA,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/8/2025Sold$240,000+4.3%$347/sqft
    Source: MichRIC #25030734 Report a problem
    7/1/2025Pending sale$230,000$332/sqft
    Source: MichRIC #25030734 Report a problem
    6/25/2025Listed for sale$230,000+9.5%$332/sqft
    Source: MichRIC #25030734 Report a problem
    11/18/2024Listing removed$210,000-4.5%$303/sqft
    Source: MichRIC #24058042 Report a problem
    11/6/2024Listed for sale$220,000+39.2%$318/sqft
    Source: MichRIC #24058042 Report a problem
    12/21/2023Listing removed--
    Source: Zillow Rentals Report a problem
    11/12/2023Listed for rent$1,550$2/sqft
    Source: Zillow Rentals Report a problem
    11/12/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/25/2023Listed for rent$1,550+100%$2/sqft
    Source: Zillow Rentals Report a problem
    8/4/2020Sold$158,000+5.3%$228/sqft
    Source: Public Record Report a problem
    6/20/2020Pending sale$150,000$217/sqft
    Source: Hamilton Homes Realty LLC #20022543 Report a problem
    6/20/2020Price change$150,000+11.2%$217/sqft
    Source: Hamilton Homes Realty LLC #20022543 Report a problem
    6/17/2020Listed for sale$134,900+104.4%$195/sqft
    Source: Hamilton Homes Realty LLC #20022543 Report a problem
    11/20/2015Sold$66,000+266.7%$95/sqft
    Source: Public Record Report a problem
    1/24/2015Listing removed$775$1/sqft
    Source: Lighthouse Property Management LLC Report a problem
    1/20/2015Listed for rent$775+3.3%$1/sqft
    Source: Lighthouse Property Management LLC Report a problem
    5/24/2013Listing removed$750$1/sqft
    Source: Lighthouse Property Management LLC Report a problem
    5/21/2013Listed for rent$750$1/sqft
    Source: Lighthouse Property Management LLC Report a problem
    11/15/2011Sold$18,000-39.8%$26/sqft
    Source: Public Record Report a problem
    7/30/2011Listing removed$29,900$43/sqft
    Source: Greenridge Realty Inc. #11039246 Report a problem
    7/13/2011Listed for sale$29,900$43/sqft
    Source: Greenridge Realty Inc. #11039246 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,006 $89,200 +10.4%
    2024-- $80,800 +54.5%
    2021$1,228 $52,300 +9.2%
    2020$1,228 +3.6%$47,900 +12.2%
    2019$1,186 $42,700 +13%
    2018-- $37,800 +14.2%
    2017$1,169 $33,100 +7.1%
    2016$1,169 $30,900
    2015$1,169 -20.5%$30,900 +5.1%
    2013$1,470 $29,400 -1%
    2011-- $29,700 -8.3%
    2010-- $32,400 -11%
    2009-- $36,400
    2007-- $36,400 +7%
    2006-- $34,021 +3.7%
    2005-- $32,808 +3.3%
    2004-- $31,760 +6.2%
    2002-- $29,900 +9.9%
    2001-- $27,200
    Find assessor info on the county website

    Neighborhood: South East End

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $262,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $262,100