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  • $245,000

    505 Cherry St SE APT 612, Grand Rapids, MI 49503

    2beds
    922sqft
    Condominium
    Built in 1949
    -- sqft lot
    $252,400 Zestimate®
    $266/sqft
    $1,642 Estimated rent

    Home value

    $252,400

    $235,000 - $270,000

    $1,642/mo

    Zestimate® history
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    What's special

    Top floorIn-unit laundryNew ceiling fansBrand new gas stove
    Heritage Hill living at a price point well below the neighborhood average. This exceptional top floor, 2 bed, 1 bath condo offers no upstairs neighbors, South and East facing windows with views for miles, and in-unit laundry. This is 1 of a small number of units in the building with the option to knock out the existing drywalled ceiling to create an exposed industrial/loft aesthetic and add ceiling height - a rare find in the Grand Rapids condo scene. Quick access to the rooftop deck for indoor/outdoor entertaining. Recently painted, brand new gas stove, new ceiling fans, open concept kitchen / living / dining. 2 pets allowed per unit, 1 dog - no weight or breed restrictions! Additional storage space in basement.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kellie Kalish 616-745-0474,

    Five Star Real Estate (Eastown)

    Bought with:

    Jason Pohlonski, 6501386166

    Keller Williams GR East

    Source: MichRIC,MLS#: 25024760MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 2
    Heating
    • Radiant
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dishwasher, Dryer, Oven, Refrigerator, Washer
    • Laundry: In Basement, In Unit, Laundry Closet, Laundry Room
    Features
    • Ceiling Fan(s), Elevator, Pantry
    • 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

    Parking
    • Parking features: Detached, Carport
    • Has carport: Yes
    Accessibility
    • Accessibility features: Accessible Entrance
    Features
    • Stories: 6
    Lot
    • Size: 1.86 Acres
    • Features: Corner Lot, Sidewalk
    Details
    • Parcel number: 411430408087
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Mid-Century Modern
    • Property subtype: Condominium
    Materials
    • Brick
    • Roof: Flat,Rubber
    Condition
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Sewer: Public Sewer, Storm Sewer
    • Water: Public
    • Utilities for property: Phone Available, Electricity Available, Cable Available

    Community & HOA

    Community
    • Security: Fire Alarm
    • Subdivision: Heritage Hill
    HOA
    • Has HOA: Yes
    • Amenities included: End Unit, Fitness Center, Laundry, Storage
    • Services included: Water, Trash, Snow Removal, Sewer, Maintenance Grounds, Heat
    • HOA fee: $498 monthly
    • HOA phone: 616-323-1082
    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $266/sqft
    • Tax assessed value: $97,153
    • Annual tax amount: $3,173
    • Date on market: 7/22/2025
    • Listing terms: Cash,FHA,VA Loan,MSHDA,Conventional
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/11/2025Sold$245,000-2%$266/sqft
    Source: MichRIC #25024760 Report a problem
    7/22/2025Pending sale$250,000$271/sqft
    Source: MichRIC #25024760 Report a problem
    7/20/2025Listing removed$250,000$271/sqft
    Source: MichRIC #25024760 Report a problem
    5/29/2025Listed for sale$250,000+36.6%$271/sqft
    Source: MichRIC #25024760 Report a problem
    5/15/2019Sold$183,000-3.6%$198/sqft
    Source: Public Record Report a problem
    4/12/2019Pending sale$189,900$206/sqft
    Source: Keller Williams Realty Rivertown #19012495 Report a problem
    4/4/2019Listed for sale$189,900+11.7%$206/sqft
    Source: Keller Williams Realty Rivertown #19012495 Report a problem
    10/4/2018Sold$170,000-1.7%$184/sqft
    Source: Public Record Report a problem
    9/14/2018Pending sale$173,000$188/sqft
    Source: Grand Rapids - Beltline #18038563 Report a problem
    8/16/2018Listed for sale$173,000$188/sqft
    Source: Grand Rapids - Beltline #18038563 Report a problem
    8/11/2018Pending sale$173,000$188/sqft
    Source: Grand Rapids - Beltline #18038563 Report a problem
    8/8/2018Listed for sale$173,000+11.6%$188/sqft
    Source: Berkshire Hathaway HomeServices Michigan Real Estate (Main) #18038563 Report a problem
    5/16/2016Sold$155,000-2.4%$168/sqft
    Source: Public Record Report a problem
    3/17/2016Pending sale$158,800$172/sqft
    Source: Keller Williams - Grand Rapids North #15063118 Report a problem
    11/19/2015Price change$158,800-3.1%$172/sqft
    Source: Keller Williams - Grand Rapids East #15049000 Report a problem
    10/31/2015Price change$163,800-5.2%$178/sqft
    Source: Keller Williams - Grand Rapids East #15049000 Report a problem
    9/10/2015Listed for sale$172,800+8.1%$187/sqft
    Source: Keller Williams GR East #15049000 Report a problem
    3/22/2011Listing removed$159,900$173/sqft
    Source: KELLER WILLIAMS #751652 Report a problem
    9/12/2010Listed for sale$159,900$173/sqft
    Source: KELLER WILLIAMS #751652 Report a problem
    7/25/2010Listing removed$159,900$173/sqft
    Source: CWD REAL ESTATE INVESTMENT LLC #751652 Report a problem
    12/19/2009Price change$159,900-8.6%$173/sqft
    Source: CWD REAL ESTATE INVESTMENT LLC #751652 Report a problem
    10/24/2009Price change$174,900-7.9%$190/sqft
    Source: CWD REAL ESTATE INVESTMENT LLC #751652 Report a problem
    9/26/2009Listed for sale$189,900$206/sqft
    Source: CWD REAL ESTATE INVESTMENT LLC #751652 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,174 $120,000 +8.2%
    2024-- $110,900 +27.8%
    2021$2,871 $86,800 +6.4%
    2020$2,871 +3.3%$81,600
    2019$2,780 $81,600 +2.1%
    2018-- $79,900 +11.6%
    2017$2,154 $71,600 +9.3%
    2016$2,154 $65,500
    2015$2,154 -30.7%$65,500 +11.2%
    2013$3,108 $58,900 -23.5%
    2011-- $77,000 -5.1%
    2010-- $81,100
    2009-- $81,100 +9.9%
    2007-- $73,800 +14.4%
    2006-- $64,500
    Find assessor info on the county website

    Neighborhood: Heritage Hill

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $252,400
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    Estimated market value
    $252,400