Sold

$800,000

460 Fountain St NE, Grand Rapids, MI 49503

6beds

6baths

3,580sqft

5+ Units

Built in 1890

-- sqft lot

$886,000 Zestimate^®

$223/sqft

$1,454 Estimated rent

Home value

$886,000

$797,000 - $983,000

$1,454/mo

Zestimate^® history

Owner options

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$1,454/mo

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$1,454/mo

Rent Zestimate^®

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$4,984/mo

Est. payment

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$4,984/mo

Est. payment

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What's special

Brick homeBeautiful woodwork throughout

Located in one of the most desirable neighborhoods in Heritage Hill. Very large lot and across the street from a park like setting. First time on the market in almost 50 years. All brick home with 6 large units. Beautiful woodwork throughout. Off street parking for at least 10 vehicles including 5 carport spaces. Home has almost new boiler/heat system. Great investment opportunity. Some renters have been here for 20 plus years. They attest to such a great location and house. Five of the units are on level one and two and the 6th unit is on the lower level with daylight windows. To enter this unit you need to enter side entrance.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6

Heating

Hot Water

Cooling

Window Unit(s)

Appliances

Laundry: Lower Level

Features

Basement: Daylight,Full

Interior area

Total interior livable area: 3,580 sqft

Property

Parking

Total spaces: 10
Parking features: Concrete, Driveway

Lot

Size: 0.41 Acres
Dimensions: .409
Features: Sidewalk

Details

Parcel number: 411430253005
Zoning description: no

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Units

Materials

Brick
Roof: Composition

Condition

New construction: No
Year built: 1890

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: $223/sqft
Tax assessed value: $151,800
Annual tax amount: $7,902
Date on market: 2/28/2024
Listing terms: Cash,Conventional
Tenant pays: None
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
4/9/2024	Sold	$800,000+0%$223/sqft
Source: MichRIC #24009596 Report a problem
3/2/2024	Pending sale	$799,999$223/sqft
Source: MichRIC #24009596 Report a problem
2/28/2024	Listed for sale	$799,999$223/sqft
Source: MichRIC #24009596 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,266	$385,600 +5.6%
2024	--	$365,300 +36.7%
2021	$7,228	$267,300 +12.8%
2020	$7,228 +3.2%	$237,000 +14.7%
2019	$7,007	$206,600 +9%
2018	--	$189,500 +28.9%
2017	$6,869	$147,000 +11.1%
2016	$6,869	$132,300
2015	$6,869 +5%	$132,300 +5%
2013	$6,545	$126,000