Welcome to one of the largest one-bedroom condos in this sought-after Downtown Grand Rapids building in Heritage Hill! Perched on the 5th floor, this beautifully decorated 765 sq. ft. residence offers breathtaking views and an open, airy feel. Thoughtfully designed with modern finishes and stylish touches, this unit is move-in ready and perfect for city living. Enjoy the convenience of on-site parking, access to a well-equipped common area, laundry rm and gym on-site; walking distance to hospitals and colleges. The spacious layout includes a generously sized bedroom and a well-appointed bath, offering comfort and functionality. Located in the vibrant city center, you're steps away from restaurants, nightlife, shopping, and cultural hotspots. Pay your own Mortgage instead of the landlord's
Sold
$221,500
505 Cherry St SE APT 502, Grand Rapids, MI 49503
1beds
765sqft
Condominium
Built in 1949
-- sqft lot
$228,000 Zestimate®
$290/sqft
$1,591 Estimated rent
Home value
$228,000
$212,000 - $246,000
$1,591/mo
Zestimate® history
Owner options
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$1,591/mo
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$1,591/mo
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$1,910/mo
Est. payment
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$1,910/mo
Est. payment
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List your homeWhat's special
Modern finishesStylish touchesWell-appointed bathGenerously sized bedroomMove-in readySpacious layoutOpen airy feel
Zillow last checked:
Listing updated:
Listed by:
Ingrid C Anastasiu 616-304-9387,
Keller Williams GR East
Bought with:
Maria Kauffman, 6506048270
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Source: MichRIC,MLS#: 25014153
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bathroom 1
- Level: Main
Dining area
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Hot Water, Radiant
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
- Laundry: Common Area, In Basement
Features
- Eat-in Kitchen
- Flooring: Laminate
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 765
- Total interior livable area: 765 sqft
Property
Features
- Stories: 1
Lot
- Features: Corner Lot, Level, Sidewalk, Shrubs/Hedges
Details
- Parcel number: 411430408077
- Zoning description: res
Construction
Type & style
- Home type: Condo
- Architectural style: Ranch
- Property subtype: Condominium
Materials
- Brick
- Roof: Flat,Rubber
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Phone Connected, Natural Gas Connected, Cable Connected
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: Fitness Center, Laundry, Storage, Other
- Services included: Other, Water, Trash, Snow Removal, Sewer, Maintenance Grounds, Heat, Cable/Satellite
- HOA fee: $410 monthly
- HOA phone: 616-323-1082
Location
- Region: Grand Rapids
Financial & listing details
- Price per square foot: $290/sqft
- Tax assessed value: $84,900
- Annual tax amount: $2,773
- Date on market: 4/9/2025
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2025 | Sold | $221,500+1.1%$290/sqft |
Source:  MichRIC #25014153 Report a problem | ||
| 4/14/2025 | Pending sale | $219,000$286/sqft |
Source: MichRIC #25014153 Report a problem | ||
| 4/9/2025 | Listed for sale | $219,000+82.5%$286/sqft |
Source: MichRIC #25014153 Report a problem | ||
| 2/15/2021 | Sold | $120,000$157/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,774 | $101,700 +8.2% |
| 2024 | -- | $94,000 +27.7% |
| 2021 | $2,908 | $73,600 +6.4% |
| 2020 | $2,908 +3.2% | $69,200 |
| 2019 | $2,819 | $69,200 +2.2% |
| 2018 | -- | $67,700 +11.5% |
| 2017 | $2,764 | $60,700 +9.4% |
| 2016 | $2,764 | $55,500 |
| 2015 | $2,764 +5% | $55,500 +11.2% |
| 2013 | $2,633 | $49,900 -10.3% |
| 2011 | -- | $55,600 -5% |
| 2010 | -- | $58,500 |
| 2009 | -- | $58,500 |
| 2007 | -- | $58,500 |
| 2006 | -- | $58,500 |
Find assessor info on the county website
Neighborhood: Heritage Hill
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Nearby schools
GreatSchools rating
- 4/10Grand Rapids Montessori Public SchoolGrades: PK-12Distance: 0.5 mi
- 4/10Innovation Central High SchoolGrades: 9-12Distance: 0.4 mi
- 6/10Grand Rapids University Preparatory AcademyGrades: 6-12Distance: 0.7 mi
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Estimated market value
$228,000
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
$228,000
- Michigan
- Kent County
- Grand Rapids
- 49503
- Heritage Hill
- 505 Cherry St SE Apartment 502
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