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Off market
  • $920,100

    314 Cherry St SE, Grand Rapids, MI 49503

    --beds
    0baths
    4,302sqft
    MultiFamily
    Built in 1885
    -- sqft lot
    $920,100 Zestimate®
    $214/sqft
    $2,276 Estimated rent

    Home value

    $920,100

    $773,000 - $1.08M

    $2,276/mo

    Zestimate® history
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    $5,790/mo

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    What's special

    Nine unit multi-family property in Heritage Hill near St. Mary's Hospital. Seven units located in main building and two located in back carriage house. All units are currently occupied or are being actively marketed for rent by professional management company. Certificate of Compliance is expired. Interior work has been completed, but exterior work will need to be completed. Units are heated by two furnace units in main building so it is not split. Carriage house utilities are split. Electricin main house is split for all but two units. Two stall garage with parking accessed from rear alley, and additional driveway space with more parking available off Cherry. Parking for approximately four cars available.Accepting offers through 5PM Saturday, August 4th, and then to schedule showing of unit with interested parties early next week. Highest and best to be considered after walk-through completed for interested parties.

    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
    • Bathrooms: 0
    Heating
    • Forced air, Gas
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,302 sqft

    Property

    Parking
    • Total spaces: 4
    Features
    • Exterior features: Wood
    Lot
    • Size: 8,755 Square Feet
    Details
    • Parcel number: 411430377002

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1885

    Utilities & green energy

    • Sewer: Public

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $214/sqft
    • Tax assessed value: $1,059,600
    • Annual tax amount: $9,617
    • Tenant pays: Electric

    Price history

    DateEventPrice
    8/9/2018Listing removed$499,900$116/sqft
    Source: Urban Pharm LLC #18037157 Report a problem
    8/1/2018Listed for sale$499,900+100%$116/sqft
    Source: Urban Pharm LLC #18037157 Report a problem
    1/16/2018Listing removed$900
    Source: Urban Pharm Report a problem
    1/12/2018Listed for rent$900
    Source: Urban Pharm Report a problem
    8/29/2013Sold$250,000-3.8%$58/sqft
    Source: MichRIC #12047369 Report a problem
    7/30/2013Price change$259,900-13.3%$60/sqft
    Source: KOETSIER REALTY LLC #12047369 Report a problem
    10/16/2012Price change$299,900-9.1%$70/sqft
    Source: KOETSIER REALTY LLC #12047369 Report a problem
    8/31/2012Listed for sale$329,900$77/sqft
    Source: KOETSIER REALTY LLC #12047369 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,617 $529,800 +5.6%
    2024-- $501,900 +49.8%
    2021$8,410 $335,000 +12.8%
    2020$8,410 +3.2%$297,000 +14.8%
    2019$8,153 $258,800 +9%
    2018-- $237,500 +32.2%
    2017$7,992 $179,600 +12.7%
    2016$7,992 $159,400
    2015$7,992 +5%$159,400 +11.9%
    2013$7,615 $142,500 -2.8%
    2009-- $146,600 -18%
    2007-- $178,800 +75.8%
    2006-- $101,712 +3.7%
    2005-- $98,083 +3.3%
    2004-- $94,950 +6.2%
    2002-- $89,390 +3.2%
    2001-- $86,619
    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
    $920,100
    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
    $920,100