Sold

$193,000

505 Cherry St SE APT 516, Grand Rapids, MI 49503

1beds

629sqft

Condominium

Built in 1949

-- sqft lot

$195,200 Zestimate^®

$307/sqft

$1,389 Estimated rent

Home value

$195,200

$185,000 - $207,000

$1,389/mo

Zestimate^® history

Owner options

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$1,389/mo

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$1,389/mo

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$1,590/mo

Est. payment

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$1,590/mo

Est. payment

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What's special

This sophisticated 1 bedroom/1 bath Hillmount condominium provides a lifestyle of convenience with walk-to-town access to the vibrant culture of downtown Grand Rapids. Natural light floods the expansive open concept layout perfect for entertaining and relaxing. This custom kitchen features a massive island, pull outs, stainless steel appliances, and ample counter space, everything you need to unleash your inner chef. Heat, internet, trash/water/sewer are included in the monthly HOA dues, along with building amenities like the rooftop deck w/grilling area, a huge private storage cage (#108), fitness center, and more. Pets are welcome, some restrictions apply- see bylaws. Two a/c units are included in sale. Come experience life at this prime location by scheduling a showing today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 1

Primary bedroom

Level: Main
Area: 182
Dimensions: 14.00 x 13.00

Bathroom 1

Level: Main
Area: 40
Dimensions: 8.00 x 5.00

Dining area

Level: Main
Area: 45
Dimensions: 9.00 x 5.00

Great room

Level: Main
Area: 190
Dimensions: 19.00 x 10.00

Kitchen

Level: Main
Area: 112
Dimensions: 14.00 x 8.00

Heating

Hot Water

Cooling

Window Unit(s)

Appliances

Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
Laundry: Common Area, In Basement

Features

Ceiling Fan(s), Elevator, Center Island, Eat-in Kitchen
Basement: Slab
Has fireplace: No

Interior area

Total structure area: 629
Total interior livable area: 629 sqft
Finished area below ground: 0

Property

Parking

Parking features: Permit Required

Features

Stories: 1

Lot

Features: Corner Lot, Sidewalk

Details

Parcel number: 411430408074

Construction

Type & style

Home type: Condo
Architectural style: Ranch
Property subtype: Condominium

Materials

Brick

Condition

New construction: No
Year built: 1949

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Community

Subdivision: Hillmount Condominium.

HOA

Has HOA: Yes
Amenities included: Fitness Center, Laundry, Storage, Other
Services included: Other, Water, Trash, Snow Removal, Sewer, Maintenance Grounds, Heat
HOA fee: $306 monthly
HOA phone: 616-323-1082

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $307/sqft
Tax assessed value: $57,191
Annual tax amount: $1,937
Date on market: 7/12/2024
Listing terms: Cash,Conventional

Price history

Date	Event	Price
7/24/2024	Sold	$193,000+1.6%$307/sqft
Source: MichRIC #24034972 Report a problem
7/16/2024	Pending sale	$189,900$302/sqft
Source: MichRIC #24034972 Report a problem
7/12/2024	Listed for sale	$189,900+54.4%$302/sqft
Source: MichRIC #24034972 Report a problem
3/1/2019	Sold	$123,000-3.5%$196/sqft
Source: Public Record Report a problem
1/25/2019	Price change	$127,500-1.8%$203/sqft
Source: Hello Homes GR #18052803 Report a problem
10/29/2018	Listed for sale	$129,900+54.6%$207/sqft
Source: Hello Homes GR #18052803 Report a problem
4/15/2012	Listing removed	$84,000$134/sqft
Source: foreclosure.com Report a problem
3/13/2012	Price change	$84,000-6.6%$134/sqft
Source: Homepath #12012959 Report a problem
2/8/2012	Listed for sale	$89,900+11%$143/sqft
Source: Grand Rapids Market Center East #11048631 Report a problem
1/24/2012	Sold	$81,000-18.9%$129/sqft
Source: Public Record Report a problem
9/7/2011	Listed for sale	$99,900-13.1%$159/sqft
Source: Grand Rapids Market Center East #11048631 Report a problem
7/25/2010	Listing removed	$114,900$183/sqft
Source: Keller Williams Realty of Grand Rapids #785857 Report a problem
5/22/2010	Price change	$114,900-8.1%$183/sqft
Source: Keller Williams Realty of Grand Rapids #785857 Report a problem
4/3/2010	Listed for sale	$124,999$199/sqft
Source: Grand Rapids Market Center East #785857 Report a problem
12/24/2009	Listing removed	$124,999$199/sqft
Source: Jon Jackson #770612 Report a problem
10/29/2009	Listed for sale	$124,999$199/sqft
Source: Jon Jackson #770612 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,022	$76,500 +8.2%
2024	--	$70,700 +27.6%
2021	$1,445	$55,400 +6.5%
2020	$1,445 -32%	$52,000
2019	$2,124	$52,000 +2.2%
2018	--	$50,900 +11.6%
2017	$2,082	$45,600 +9.4%
2016	$2,082	$41,700
2015	$2,082 +5%	$41,700 +10.9%
2013	$1,984	$37,600 -10%
2011	--	$41,800 -5%
2010	--	$44,000
2009	--	$44,000
2007	--	$44,000
2006	--	$44,000