Sold

$475,000

412 Lyon St NE, Grand Rapids, MI 49503

2beds

2baths

1,600sqft

5+ Units

Built in 1900

-- sqft lot

$521,800 Zestimate^®

$297/sqft

$1,593 Estimated rent

Home value

$521,800

$490,000 - $558,000

$1,593/mo

Zestimate^® history

Owner options

List your home for rent

$1,593/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,593/mo

Rent Zestimate^®

Refinance and save

$3,034/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$3,034/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Beautiful brick two story in the heart of Heritage Hill. Much sought after area with easy walking to downtown and Medical Mile. House was moved in the 80's and has a brand new basement, a rarity in heritage Hill. The home boasts of 5 units, ranging from studio to large units. Large front porch with beautiful large cornices and pillars. Large off street parking behind house. This home at 412 Lyon will be sold in combination with 160 Prospect. The Prospect house adjoins the property of 412 Lyon and shares driveway and parking. Owner not willing to separate properties. The home at 160 Prospect is listed separately.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2

Heating

Forced Air

Cooling

None

Appliances

Laundry: Common Area

Features

Basement: Full

Interior area

Total interior livable area: 1,600 sqft

Property

Parking

Total spaces: 5
Parking features: Concrete, Driveway

Lot

Size: 0.3 Acres
Dimensions: 80
Features: Sidewalk

Details

Parcel number: 411430181016
Zoning description: none

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Units

Materials

Brick
Roof: Composition

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: Public 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: $297/sqft
Tax assessed value: $123,697
Annual tax amount: $5,890
Date on market: 4/17/2024
Listing terms: Cash,Conventional
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
5/31/2024	Sold	$475,000-13.6%$297/sqft
Source: MichRIC #24018118 Report a problem
4/17/2024	Pending sale	$550,000$344/sqft
Source: MichRIC #24018118 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,735	$262,700 -9.5%
2024	--	$290,300 +35.3%
2021	$5,890	$214,500 +12.8%
2020	$5,890 +3.2%	$190,200 +14.7%
2019	$5,710	$165,800 +9%
2018	--	$152,100 +25.9%
2017	$5,597	$120,800 +11.1%
2016	$5,597	$108,700
2015	$5,597 +5%	$108,700 +5%
2013	$5,333	$103,500