Sold

Street View

$350,000

48 Portsmouth Pl NE, Grand Rapids, MI 49503

3beds

2baths

2,069sqft

2 to 4 Units

Built in 1910

-- sqft lot

$388,700 Zestimate^®

$169/sqft

$1,527 Estimated rent

Home value

$388,700

$369,000 - $408,000

$1,527/mo

Zestimate^® history

Owner options

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$1,527/mo

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$1,527/mo

Rent Zestimate^®

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$2,204/mo

Est. payment

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$2,204/mo

Est. payment

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What's special

This Heritage Hill Charmer. This sensible 2-unit offers a straightforward floor plan in an up/down configuration. Main floor apartment is 1 bed/1 bath with large living, dining and a fireplace. Upper is a 2 bed/1 bath with living and a large kitchen. Full shared basement with laundry and storage, enclosed front porch and a private backyard with a large deck. Incredible location adjacent to downtown/medical as well as shopping/restaurants in Cherry Hill, Wealthy Street and Eastown.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Forced Air

Cooling

Window Unit(s)

Appliances

Laundry: Common Area, In Basement

Features

Basement: Full

Interior area

Total interior livable area: 2,069 sqft

Property

Parking

Total spaces: 1
Parking features: Concrete, Driveway, Paved

Lot

Size: 3,484 Square Feet
Dimensions: 40 * 90
Features: Level

Details

Parcel number: 411430255008
Zoning description: LDR - Historic

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Wood Siding
Roof: Composition

Condition

New construction: No
Year built: 1910

Utilities & green energy

Sewer: Public Sewer, Storm Sewer
Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $169/sqft
Tax assessed value: $65,054
Annual tax amount: $6,298
Date on market: 9/13/2023
Listing terms: Cash,Conventional
Tenant pays: Electricity, Gas
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
1/10/2024	Sold	$350,000+0%$169/sqft
Source: MichRIC #23133738 Report a problem
12/15/2023	Pending sale	$349,900$169/sqft
Source: MichRIC #23133739 Report a problem
12/11/2023	Price change	$349,900-4.1%$169/sqft
Source: MichRIC #23133739 Report a problem
12/1/2023	Price change	$364,900-1.4%$176/sqft
Source: MichRIC #23133739 Report a problem
9/13/2023	Listed for sale	$369,900+117.6%$179/sqft
Source: MichRIC #23133739 Report a problem
4/24/2007	Sold	$170,000$82/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,542	$144,900 +5.3%
2024	--	$137,600 +33.7%
2021	$3,098	$102,900 +9%
2020	$3,098 +3.2%	$94,400 +10.9%
2019	$3,003	$85,100 +8.4%
2018	--	$78,500 +9.5%
2017	$2,944	$71,700 +17.2%
2016	$2,944	$61,200
2015	$2,944 +5%	$61,200 +12.5%
2013	$2,805	$54,400 -15.7%
2011	--	$64,500 -4.3%
2010	--	$67,400 -2.6%
2009	--	$69,200 -0.1%
2007	--	$69,300 +63.1%
2006	--	$42,477 +3.7%
2005	--	$40,962 +3.3%
2004	--	$39,654 +6.2%
2002	--	$37,333 +3.2%
2001	--	$36,176