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  • $185,000

    505 Cherry St SE APT 503, Grand Rapids, MI 49503

    1beds
    752sqft
    Condominium
    Built in 1949
    -- sqft lot
    $203,400 Zestimate®
    $246/sqft
    $1,576 Estimated rent

    Home value

    $203,400

    $193,000 - $216,000

    $1,576/mo

    Zestimate® history
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    What's special

    Great locationQuartz countertopsNeutral decorFull tile bathRoof-top deckBasic internetNewer cabinets
    Looking for an affordable home in a great location with a great vibe? Welcome to 505 Cherry St SE #503! This light and bright 1-bedroom, 1-bath Hillmount condo offers a convenient location within walking distance to downtown GR and the vibrant Cherry Street Business District. This corner-unit is move-in ready with laminate flooring and neutral decor. The kitchen features newer cabinets, quartz countertops, under-counter lighting, and stainless appliances plus convenient snack bar and adjacent eating area. The living room is good-sized with windows overlooking trees and lawn. The generously-sized bedroom has a wainscoted wall. Completing the unit is a full tile bath. Hillmount offers common laundry and fitness facilities plus a roof-top deck that affords a great space to relax and enjoy the sunsets and views of downtown Grand Rapids. Pets welcome. Covered parking is available at Hillmount for a monthly fee. There is currently a waiting list. The monthly HOA fee includes heat, water, sewer, trash, basic internet, and exterior/common area maintenance. The condo comes with a storage unit in the lower level. Two window air conditioners included. This condo is move-in ready; possession at close.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeannine Lemmon 616-450-7711,

    Patriot Realty,

    Ronald A Lemmon 616-293-0102,

    Patriot Realty

    Bought with:

    Jeannine Lemmon, 6506039029

    Patriot Realty

    Source: MichRIC,MLS#: 23142305MLS Logo

    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: Microwave, Range, Refrigerator
    • Laundry: Common Area, In Basement
    Features
    • Eat-in Kitchen
    • Flooring: Laminate
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 752
    • Total interior livable area: 752 sqft

    Property

    Features
    • Stories: 1
    Lot
    • Features: Corner Lot, Level, Sidewalk, Shrubs/Hedges
    Details
    • Parcel number: 411430408078
    • Zoning description: MDR

    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: End Unit, Fitness Center, Laundry, Storage, Other
    • Services included: Other, Water, Trash, Snow Removal, Sewer, Maintenance Grounds, Heat, Cable/Satellite
    • HOA fee: $352 monthly
    • HOA phone: 616-323-1082
    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $246/sqft
    • Tax assessed value: $77,500
    • Annual tax amount: $3,379
    • Date on market: 11/16/2023
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/12/2024Sold$185,000-2.6%$246/sqft
    Source: MichRIC #23142305 Report a problem
    12/12/2023Pending sale$190,000$253/sqft
    Source: MichRIC #23142305 Report a problem
    11/16/2023Listed for sale$190,000+5.6%$253/sqft
    Source: MichRIC #23142305 Report a problem
    9/27/2022Sold$180,000$239/sqft
    Source: Public Record Report a problem
    8/18/2022Listed for sale$180,000+36.4%$239/sqft
    Source: Owner Report a problem
    12/16/2019Sold$132,000-5.6%$176/sqft
    Source: Public Record Report a problem
    10/18/2019Price change$139,900-1.8%$186/sqft
    Source: Hello Homes GR #19033640 Report a problem
    7/18/2019Listed for sale$142,500+11.8%$189/sqft
    Source: Hello Homes GR #19033640 Report a problem
    3/8/2019Listing removed$1,150$2/sqft
    Source: Hello Homes GR LLC Report a problem
    9/14/2018Price change$1,150-4.2%$2/sqft
    Source: Hello Homes GR LLC Report a problem
    8/23/2018Listed for rent$1,200$2/sqft
    Source: Hello Homes GR LLC Report a problem
    9/8/2017Listing removed$1,200$2/sqft
    Source: Esquire Realty Group LLC Report a problem
    7/31/2017Listed for rent$1,200$2/sqft
    Source: Esquire Realty Group LLC Report a problem
    12/1/2016Sold$127,500-0.8%$170/sqft
    Source: Public Record Report a problem
    10/31/2016Pending sale$128,500$171/sqft
    Source: Keller Williams - Grand Rapids North #16050705 Report a problem
    10/3/2016Listed for sale$128,500$171/sqft
    Source: Keller Williams GR North #16050705 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,741 $91,500 +8.3%
    2024-- $84,500 +27.6%
    2021$3,319 $66,200 +6.4%
    2020$3,319 +2.9%$62,200
    2019$3,226 $62,200 +2.1%
    2018-- $60,900 +11.5%
    2017$2,487 $54,600 +9.4%
    2016$2,487 $49,900
    2015$2,487 +5%$49,900 +11.1%
    2013$2,369 $44,900 -10.2%
    2011-- $50,000 -4.9%
    2010-- $52,600
    2009-- $52,600
    2007-- $52,600
    2006-- $52,600
    Find assessor info on the county website

    Neighborhood: Heritage Hill

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $203,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $203,400