Sold

$525,000

500 Paris Ave SE, Grand Rapids, MI 49503

5beds

4baths

2,662sqft

2 to 4 Units

Built in 1900

-- sqft lot

$539,900 Zestimate^®

$197/sqft

$1,984 Estimated rent

Home value

$539,900

$497,000 - $583,000

$1,984/mo

Zestimate^® history

Owner options

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$1,984/mo

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$1,984/mo

Rent Zestimate^®

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$3,340/mo

Est. payment

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$3,340/mo

Est. payment

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What's special

Unique flairDetached single stall garageOff street parkingExterior stucco

Heritage Hill is one of the most sought-after neighborhoods anywhere in Grand Rapids. This historical Neighborhood houses some of the most beautiful architecture in Michigan, with details and character that can't be cost effectively duplicated. There is no cookie cutter, no duplicates, each property is masterpiece. 500 Paris is one of those pieces of art. This 3-unit property has been very well maintained, each unit has its own unique flair. There is a 1 bed 1 bath unit on the 2nd floor. The main floor unit is 2 beds, 1 bath. Then the 2 story, 2 bed, 2 full bath unit really wows. The exterior stucco is beautiful and directly across the street is Heritage Hill Park. A detached single stall garage and off street parking round out this amazing property. Don't sleep on this one, its amazing!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4

Heating

Steam

Appliances

Laundry: Common Area, In Basement

Features

Basement: Full

Interior area

Total interior livable area: 2,662 sqft

Property

Parking

Total spaces: 2
Parking features: Paved

Lot

Size: 3,920 Square Feet
Dimensions: 50 x 80
Features: Sidewalk, Corner Lot

Details

Parcel number: 411431208001
Zoning description: Res- Multi

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Brick, Stucco
Roof: Composition

Condition

New construction: No
Year built: 1900

Utilities & green energy

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

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $197/sqft
Tax assessed value: $144,471
Annual tax amount: $7,615
Date on market: 2/11/2025
Listing terms: Cash,Conventional
Tenant pays: Electricity
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
4/1/2025	Sold	$525,000+6.1%$197/sqft
Source: MichRIC #25005125 Report a problem
2/14/2025	Pending sale	$495,000$186/sqft
Source: MichRIC #25005125 Report a problem
2/11/2025	Listed for sale	$495,000+3.5%$186/sqft
Source: MichRIC #25005125 Report a problem
9/1/2022	Listing removed	--
Source: MichRIC #22034013 Report a problem
8/9/2022	Listed for sale	$478,490+45%$180/sqft
Source: MichRIC #22034013 Report a problem
4/15/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
3/28/2021	Listed for rent	$1,250
Source: Zillow Rental Manager Report a problem
7/2/2019	Listing removed	$1,250
Source: Roeder.Rentals LLC Report a problem
6/14/2019	Listed for rent	$1,250
Source: Roeder.Rentals LLC Report a problem
10/11/2016	Sold	$330,000+144.4%$124/sqft
Source: Public Record Report a problem
11/9/2011	Sold	$135,000-33.9%$51/sqft
Source: Public Record Report a problem
11/22/2004	Sold	$204,150$77/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,267	$226,500 +7.9%
2024	--	$209,900 +33.1%
2021	$6,355	$157,700 +12.1%
2020	$6,355 +3.2%	$140,700 +10%
2019	$6,160	$127,900 +0.9%
2018	--	$126,700 +21.7%
2017	$4,410	$104,100 +15.5%
2016	$4,410	$90,100
2015	$4,410 +5%	$90,100 +10.4%
2013	$4,202	$81,600 -6.5%
2011	--	$87,300 -4.4%
2010	--	$91,300 -2.6%
2009	--	$93,700 -23.8%
2007	--	$123,000 +2.7%
2006	--	$119,762 +3.7%
2005	--	$115,489 +3.3%
2004	--	$111,800 +110.9%
2002	--	$53,011 +3.2%
2001	--	$51,368