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Off market
  • $556,800

    505 Lyon St NE, Grand Rapids, MI 49503

    4beds
    0baths
    3,064sqft
    MultiFamily
    Built in 1880
    -- sqft lot
    $556,800 Zestimate®
    $182/sqft
    $1,658 Estimated rent

    Home value

    $556,800

    $512,000 - $601,000

    $1,658/mo

    Zestimate® history
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    What's special

    come see this well maintained four unit in Hertitige Hill. All new roof in the fall of 2018. and the compliance certificate was just renewed. Located very close to the Medical Mile and various Universities and Colleges.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 0
    Heating
    • Forced air, Radiant, Gas
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Other
    Interior area
    • Total interior livable area: 3,064 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    Features
    • Exterior features: Wood
    • Frontage length: 58.00
    Lot
    • Size: 5,837 Square Feet
    • Features: Level, Sidewalk
    Details
    • Parcel number: 411430204023
    • Zoning: RES

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1880

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Phone Connected

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $182/sqft
    • Tax assessed value: $465,800
    • Annual tax amount: $9,554
    • Total actual rent: 3325
    • Tenant pays: Gas

    Price history

    DateEventPrice
    5/30/2019Sold$390,000-1.2%$127/sqft
    Source: MichRIC #19017650 Report a problem
    5/9/2019Pending sale$394,900$129/sqft
    Source: Berkshire Hathaway HomeServices Michigan Real Estate (South) #19017650 Report a problem
    5/1/2019Listed for sale$394,900+1.3%$129/sqft
    Source: Berkshire Hathaway HomeServices Michigan Real Estate (South) #19017650 Report a problem
    11/1/2018Listing removed$389,900$127/sqft
    Source: Berkshire Hathaway HomeServices Michigan Real Estate (South) #18022077 Report a problem
    6/15/2018Listed for sale$389,900$127/sqft
    Source: Berkshire Hathaway HomeServices Michigan Real Estate (South) #18022077 Report a problem
    5/31/2018Pending sale$389,900$127/sqft
    Source: Berkshire Hathaway HomeServices Michigan Real Estate (South) #18022077 Report a problem
    5/21/2018Listed for sale$389,900+98.9%$127/sqft
    Source: Berkshire Hathaway HomeServices Michigan Real Estate (South) #18022077 Report a problem
    8/31/2015Listing removed$825
    Source: Greenridge Property Management, LLC Report a problem
    8/22/2015Price change$825+17.9%
    Source: Greenridge Property Management, LLC Report a problem
    7/23/2015Listed for rent$700+0.7%
    Source: Greenridge Property Management, LLC Report a problem
    9/27/2014Listing removed$695
    Source: Greenridge Property Management, LLC Report a problem
    8/29/2014Listed for rent$695
    Source: Greenridge Property Management, LLC Report a problem
    11/17/2003Sold$196,000$64/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,554 $232,900 +7.8%
    2024-- $216,000 +17%
    2021$4,692 $184,600 +13.5%
    2020$4,692 +3.2%$162,700 +19.4%
    2019$4,549 $136,300 +4.4%
    2018-- $130,500 +21.3%
    2017$4,459 $107,600 +16.1%
    2016$4,459 $92,700
    2015$4,459 +5%$92,700 +8.8%
    2013$4,249 $85,200 -15.6%
    2011-- $100,900 -16.5%
    2010-- $120,800 -2.6%
    2009-- $124,000 +6.1%
    2007-- $116,900 +1.6%
    2006-- $115,064 +3.7%
    2005-- $110,959 +3.3%
    2004-- $107,415 +44.8%
    2002-- $74,169 +3.2%
    2001-- $71,870
    Find assessor info on the county website

    Neighborhood: Heritage Hill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Grand Rapids

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $556,800
    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
    $556,800