Sold

$675,000

300 Madison Ave SE, Grand Rapids, MI 49503

7beds

4baths

3,466sqft

2 to 4 Units

Built in 1912

-- sqft lot

$768,600 Zestimate^®

$195/sqft

$2,363 Estimated rent

Home value

$768,600

$692,000 - $853,000

$2,363/mo

Zestimate^® history

Owner options

List your home for rent

$2,363/mo

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$2,363/mo

Rent Zestimate^®

Refinance and save

$4,206/mo

Est. payment

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$4,206/mo

Est. payment

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What's special

Heritage Hill 4 unit - extremely rare. An absolute testimonial to craftsmanship. This iconic 2 story offers an opportunity to assume a master lease or create an owner occupied home of your dreams. With private driveway, carport and attached garage parking is plentiful. Fenced in backyard, lush landscaping, and treelined sidewalks offer an incredible oasis right in the heart of Grand Rapids. Around the corner from Trinity Health and Mary Free Bed, and just a few blocks from the entertainment district of Grand Rapids - this location is superb. Master lease will be month-to-month at the end of December offering flexibility on how you would like to position this must-have portfolio addition. Seller has elected to hold all offers through Sept 30 5PM

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4

Heating

Forced Air

Cooling

Window Unit(s)

Appliances

Laundry: Common Area, In Basement

Features

Basement: Full

Interior area

Total interior livable area: 3,466 sqft

Property

Parking

Total spaces: 4
Parking features: Paved

Lot

Size: 10,018 Square Feet
Dimensions: 75 x 132
Features: Sidewalk

Details

Parcel number: 411430451011
Zoning description: RES

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Brick, Stucco, Wood Siding

Condition

New construction: No
Year built: 1912

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: $195/sqft
Tax assessed value: $199,089
Annual tax amount: $10,308
Date on market: 9/20/2024
Listing terms: Cash,Conventional
Tenant pays: None
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
11/14/2024	Sold	$675,000-10%$195/sqft
Source: MichRIC #24049936 Report a problem
10/3/2024	Pending sale	$750,000$216/sqft
Source: MichRIC #24049936 Report a problem
9/20/2024	Listed for sale	$750,000+103.3%$216/sqft
Source: MichRIC #24049936 Report a problem
8/18/2014	Sold	$369,000-2.6%$106/sqft
Source: Public Record Report a problem
5/5/2014	Listed for sale	$379,000+1.1%$109/sqft
Source: J Buckley & Associates Inc #14018481 Report a problem
8/3/2013	Listing removed	$375,000$108/sqft
Source: Starner Realty #13017625 Report a problem
7/9/2013	Listed for sale	$375,000-11.8%$108/sqft
Source: Starner Realty #13017625 Report a problem
5/29/2013	Listing removed	$425,000$123/sqft
Source: Starner Realty #13017625 Report a problem
4/5/2013	Listed for sale	$425,000$123/sqft
Source: Starner Realty #13017625 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,325	$409,200 +7.5%
2024	--	$380,700 +18.2%
2021	$9,029	$322,000 +13.5%
2020	$9,029 +3.2%	$283,700 +21.9%
2019	$8,752	$232,800 +3.8%
2018	--	$224,300 +22.2%
2017	$8,580	$183,600 +14.8%
2016	$8,580	$159,900
2015	$8,580 +5%	$159,900 +7.2%
2013	$8,175	$149,200 -15.8%
2011	--	$177,200 -4.4%
2010	--	$185,300 -2.5%
2009	--	$190,100 +2.9%
2007	--	$184,800 +104.1%
2006	--	$90,547 +3.7%
2005	--	$87,317 +3.3%
2004	--	$84,528 +6.2%
2002	--	$79,578 +3.2%
2001	--	$77,111