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  • $448,100

    1561 Lake Dr SE, Grand Rapids, MI 49506

    5beds
    3baths
    2,540sqft
    SingleFamily
    Built in 1910
    3,354 Square Feet Lot
    $448,100 Zestimate®
    $176/sqft
    $2,971 Estimated rent

    Home value

    $448,100

    $412,000 - $488,000

    $2,971/mo

    Zestimate® history
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    What's special

    Grand Rapids real estate. This extraordinary 5BD, 3BA Eastown home is perfectly situated between EGR and Eastown! With a short walk you will be able to enjoy both Eastown & EGR! Boasting of character w/ its hardwood floors, natural woodwork throughout, leaded glass windows, new roof, AC, high efficiency furnace w/humidifier, 50 gallon water heater, updated plumbing & electrical, new insulation & new exterior paint! This home has very spacious rooms throughout, beautiful living room w/fireplace, beautiful formal dining room, updated kitchen w/attached mud area, main floor master bedroom w/full bath! Upstairs has two lg bedrooms w/fantastic windows, full bath & another slighter bedroom w/a great window seat. The finished basement offers add'l living space w/family/rec rm w/fully functional kitchen, another bedroom w/egress windows w/lg closet/storage space. (this space could also be used for an efficiency apt!) There is also unfinished storage space & laundry! This home is move-in ready!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,540 sqft

    Property

    Parking
    • Parking features: Garage
    Features
    • Exterior features: Other, Wood
    Lot
    • Size: 3,354 Square Feet
    Details
    • Parcel number: 411432230010

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1910

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $176/sqft
    • Tax assessed value: $318,200
    • Annual tax amount: $4,760

    Price history

    DateEventPrice
    7/29/2022Sold$237,500-29.6%$94/sqft
    Source: MichRIC #22018822 Report a problem
    7/8/2022Pending sale$337,500$133/sqft
    Source: MichRIC #22018822 Report a problem
    7/7/2022Price change$337,500-3.6%$133/sqft
    Source: MichRIC #22018822 Report a problem
    6/30/2022Listed for sale$350,000$138/sqft
    Source: MichRIC #22018822 Report a problem
    5/25/2022Listing removed--
    Source: MichRIC #22018822 Report a problem
    5/18/2022Listed for sale$350,000+171.7%$138/sqft
    Source: MichRIC #22018822 Report a problem
    11/18/2013Sold$128,800+2.4%$51/sqft
    Source: Agent Provided Report a problem
    10/1/2013Listed for sale$125,800+9.4%$50/sqft
    Source: Grand Rapids Market Center East #13057613 Report a problem
    1/20/2006Sold$115,000$45/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,760 $159,100 +8.2%
    2024-- $147,100 +52%
    2021$2,046 $96,800 +7.7%
    2020$2,046 +3.6%$89,900 +12.1%
    2019$1,976 $80,200 +10.8%
    2018-- $72,400 +15.1%
    2017$1,947 $62,900 +10.4%
    2016$1,947 $57,000
    2015$1,947 +7.5%$57,000 -3.9%
    2013$1,811 $59,300 +11.9%
    2011-- $53,000 -7%
    2010-- $57,000 -2.7%
    2009-- $58,600 -30.5%
    2007-- $84,300 +0.2%
    2006-- $84,100 +3.7%
    2005-- $81,100 +50.4%
    2004-- $53,932 +6.2%
    2002-- $50,774 +3.2%
    2001-- $49,200
    Find assessor info on the county website

    Neighborhood: Eastown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Grand Rapids

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $448,100
    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
    $448,100