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Off market
  • $805,700

    259 Madison Ave SE, Grand Rapids, MI 49503

    4beds
    5baths
    4,008sqft
    MultiFamily
    Built in 1895
    -- sqft lot
    $805,700 Zestimate®
    $201/sqft
    $2,628 Estimated rent

    Home value

    $805,700

    $733,000 - $886,000

    $2,628/mo

    Zestimate® history
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    Owner options

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    $2,628/mo

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    $2,628/mo

    Rent Zestimate®

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    $5,020/mo

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    $5,020/mo

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    What's special

    Amazing Heritage Hill 3 unit perfect for the urban owner occupant. Custom built by Meyer May's father in 1895, the original character has been carefully preserved while tastefully updated with modern features and amenities. Owner's main floor living space features 11' ceilings and is filled with natural light throughout the day. The large kitchen provides loads of storage and counter space and is adjacent to mudroom with access to a private patio. The master suite is accompanied by a second guest room and another full bath. Laundry, a half bath and flex space round out the main floor. Upstairs are 2 1 bed/1 bath apartments with AC, laundry and great rental history. Significant, thoughtful investment has been made into this property. Sublime location near downtown, hospitals and Uptown.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    Heating
    • Radiant, Electric, Gas
    Cooling
    • Central
    Appliances
    • Laundry: W/D Hookup
    Features
    • Basement: Full
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,008 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport, Garage
    Features
    • Patio & porch: Deck/Patio
    • Exterior features: Wood, Brick
    • Frontage length: 66.00
    Lot
    • Size: 9,844 Square Feet
    • Features: Level, Sidewalk
    Details
    • Parcel number: 411430381040
    • Zoning: LDR - Historic

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1895

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available, Water Available, Cable Connected, Sewer Available, Broadband, Storm Sewer, Telephone Line

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $201/sqft
    • Tax assessed value: $712,000
    • Annual tax amount: $12,562
    • Total actual rent: 4200
    • Tenant pays: Electricity

    Price history

    DateEventPrice
    12/18/2020Sold$535,000-10.8%$133/sqft
    Source: MichRIC #20022825 Report a problem
    11/13/2020Pending sale$599,900$150/sqft
    Source: Greenridge Realty (EGR) #20022825 Report a problem
    6/18/2020Listed for sale$599,900+160.8%$150/sqft
    Source: Greenridge Realty (EGR) #20022825 Report a problem
    7/29/2011Sold$230,000-16.4%$57/sqft
    Source: Public Record Report a problem
    7/21/2011Price change$275,000-6.8%$69/sqft
    Source: Griffin Properties, Keller Williams Realty #10056829 Report a problem
    7/15/2011Price change$295,000+7.3%$74/sqft
    Source: Griffin Properties, Keller Williams Realty #10056829 Report a problem
    2/24/2011Price change$275,000-6.8%$69/sqft
    Source: Grand Rapids Market Center East #10056818 Report a problem
    11/26/2010Listed for sale$295,000$74/sqft
    Source: Grand Rapids Market Center East #10056829 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,562 $356,000 +7.7%
    2024-- $330,600 +23.6%
    2021$8,829 $267,500 +1.8%
    2020$8,829 +3.2%$262,800 +0.6%
    2019$8,559 $261,200 +11.1%
    2018-- $235,000 +22.2%
    2017$8,390 $192,300 +14.7%
    2016$8,390 $167,700
    2015$8,390 +5%$167,700 +8.1%
    2013$7,994 $155,100 -12.7%
    2011-- $177,600 -4.4%
    2010-- $185,800 -2.5%
    2009-- $190,500 +3.1%
    2007-- $184,800 +14.4%
    2006-- $161,543 +3.7%
    2005-- $155,780 +3.3%
    2004-- $150,804 +89.5%
    2002-- $79,578 +3.2%
    2001-- $77,111
    Find assessor info on the county website

    Neighborhood: Heritage Hill

    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
    $805,700
    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
    $805,700