Discover affordable urban living in the heart of Grand Rapids' historic Heritage Hill! This crisp and clean 2-bedroom, 1-bath condo in the sought-after Hillmount Building offers 922 sq ft of smart, stylish space at a price that makes city living accessible. Enjoy a bright and airy layout with spacious bedrooms, ample storage, and in-unit laundry. South- and east-facing windows fill the home with natural light and offer peaceful views of the courtyard. Just steps from the shops and restaurants of Cherry and Wealthy Streets and a quick scooter ride or walk to downtown. Whether you're a first-time buyer, downsizing or an investor—this is your chance to own a piece of one of Grand Rapids' most charming neighborhoods.
Don't miss out—schedule your private showing today!
Sold
$250,000
505 Cherry St SE APT 512, Grand Rapids, MI 49503
2beds
922sqft
Condominium
Built in 1949
-- sqft lot
$257,400 Zestimate®
$271/sqft
$1,642 Estimated rent
Home value
$257,400
$239,000 - $275,000
$1,642/mo
Zestimate® history
Owner options
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$1,642/mo
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$1,642/mo
Rent Zestimate®
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$2,167/mo
Est. payment
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$2,167/mo
Est. payment
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List your homeWhat's special
Smart stylish spaceAmple storageSpacious bedroomsIn-unit laundryBright and airy layoutNatural lightSouth- and east-facing windows
Zillow last checked:
Listing updated:
Listed by:
Sarah DeRooy 616-204-7896,
City2Shore Real Estate (GR)
Bought with:
Briana Beyer, 6506046971
Coldwell Banker Woodland Schmidt
Source: MichRIC,MLS#: 25024450
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Primary bathroom
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Hot Water, Steam
Cooling
- Window Unit(s)
Appliances
- Included: Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Common Area, In Basement, In Hall, In Unit, Main Level
Features
- Ceiling Fan(s), Elevator
- Flooring: Ceramic Tile, Vinyl
- Windows: Screens
- Basement: Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 922
- Total interior livable area: 922 sqft
- Finished area below ground: 0
Property
Features
- Stories: 1
Lot
- Features: Sidewalk
Details
- Parcel number: 411430408070
- Zoning description: RES
Construction
Type & style
- Home type: Condo
- Architectural style: Historic,Ranch,Traditional,Other
- Property subtype: Condominium
Materials
- Brick
- Roof: Rubber
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Phone Available, Electricity Available, Cable Available, Cable Connected
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: Fitness Center, Storage, Other
- Services included: Other, Water, Trash, Snow Removal, Sewer, Maintenance Grounds, Heat
- HOA fee: $497 monthly
- HOA phone: 616-323-1082
Location
- Region: Grand Rapids
Financial & listing details
- Price per square foot: $271/sqft
- Tax assessed value: $93,462
- Annual tax amount: $3,053
- Date on market: 5/27/2025
- Listing terms: Cash,FHA,VA Loan,MSHDA,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2025 | Sold | $250,000+2.1%$271/sqft |
Source:  MichRIC #25024450 Report a problem | ||
| 6/5/2025 | Pending sale | $244,900$266/sqft |
Source: MichRIC #25024450 Report a problem | ||
| 5/27/2025 | Listed for sale | $244,900+55%$266/sqft |
Source: MichRIC #25024450 Report a problem | ||
| 4/27/2017 | Sold | $158,000+1.9%$171/sqft |
Source: Public Record Report a problem | ||
| 4/8/2017 | Pending sale | $155,000$168/sqft |
Source: Grand Rapids - Downtown #17014256 Report a problem | ||
| 4/6/2017 | Listed for sale | $155,000+49%$168/sqft |
Source: Berkshire Hathaway HomeServices Michigan Real Estate #17014256 Report a problem | ||
| 8/6/2012 | Sold | $104,000-5.4%$113/sqft |
Source: Public Record Report a problem | ||
| 2/26/2012 | Listed for sale | $109,900-4.4%$119/sqft |
Source: RE/MAX SunQuest #12010303 Report a problem | ||
| 11/22/2011 | Listing removed | $115,000$125/sqft |
Source: Grand Rapids Market Center East #11046923 Report a problem | ||
| 8/20/2011 | Listed for sale | $115,000$125/sqft |
Source: Grand Rapids Market Center East #11046923 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,053 | $115,400 +8.3% |
| 2024 | -- | $106,600 +27.7% |
| 2021 | $2,762 | $83,500 +6.4% |
| 2020 | $2,762 -32.1% | $78,500 |
| 2019 | $4,068 | $78,500 +2.2% |
| 2018 | -- | $76,800 +11.6% |
| 2017 | $2,069 | $68,800 +9.4% |
| 2016 | $2,069 | $62,900 |
| 2015 | $2,069 +7.5% | $62,900 +11.1% |
| 2013 | $1,925 | $56,600 -23.7% |
| 2011 | -- | $74,200 -5% |
| 2010 | -- | $78,100 |
| 2009 | -- | $78,100 |
| 2007 | -- | $78,100 +10% |
| 2006 | -- | $71,000 |
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
$257,400
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
$257,400
- Michigan
- Kent County
- Grand Rapids
- 49503
- Heritage Hill
- 505 Cherry St SE Apartment 512
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