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Sold
  • $315,000

    506 Lyon St NE #1, Grand Rapids, MI 49503

    2beds
    1,232sqft
    Condominium
    Built in 1919
    -- sqft lot
    $333,900 Zestimate®
    $256/sqft
    $1,641 Estimated rent

    Home value

    $333,900

    $317,000 - $354,000

    $1,641/mo

    Zestimate® history
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    What's special

    This Heritage Hill condo checks all the boxes! Blending historic character with modern finishes and living, this home makes the perfect urban retreat. Located just steps away from the Medical Mile and Downtown Grand Rapids, this unit boasts high ceilings and a flowing open layout that seamlessly connects the kitchen to the spacious living room with beautiful hardwood floors. Relax or entertain on your private, screened-in front porch, accessible through stylish French doors. The kitchen is equipped with granite countertops, stainless steel appliances, large pantry, and a sleek glass subway tile backsplash and private side entry. With Martha's Vineyard, Nantucket Bakery, and Lyon Street Cafe just around the corner, dining out is always an option. Both bedrooms offer generous closet space and updated window coverings. The luxurious bathroom features marble flooring, custom tiling and jetted soaking tub. Additional conveniences include in-unit laundry and a private, climate-controlled storage area in the basement (134 sq. ft.), ideal for a home office or extra storage. With a new furnace installed in 2020 and two dedicated off-street parking spots, this condo offers comfort and ease. Discover the best of city living at 506 Lyon St NE!

    Zillow last checked:

    Listing updated:

    Listed by:

    Wyatt Martin 616-889-4279,

    Greenridge Realty (EGR)

    Bought with:

    Delaney Faught, 6501445597

    RE/MAX of Grand Rapids (FH)

    Source: MichRIC,MLS#: 24045210MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 2
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: In Hall, In Unit
    Features
    • Pantry
    • Flooring: Tile, Wood
    • Windows: Window Treatments
    • Basement: Partial
    • Has fireplace: No
    Interior area
    • Total structure area: 1,098
    • Total interior livable area: 1,232 sqft
    • Finished area below ground: 134

    Property

    Features
    • Stories: 1
    • Patio & porch: Scrn Porch
    Lot
    • Features: Sidewalk, Shrubs/Hedges
    Details
    • Parcel number: 411430257010
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Ranch
    • Property subtype: Condominium
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1919

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected

    Community & HOA

    HOA
    • Has HOA: Yes
    • Amenities included: End Unit, Storage
    • Services included: Other, Water, Trash, Snow Removal, Maintenance Grounds
    • HOA fee: $300 monthly
    • HOA phone: 616-365-5033
    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $256/sqft
    • Tax assessed value: $133,182
    • Annual tax amount: $4,297
    • Date on market: 8/28/2024
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/15/2024Sold$315,000-3.1%$256/sqft
    Source: MichRIC #24045210 Report a problem
    9/7/2024Pending sale$325,000$264/sqft
    Source: MichRIC #24045210 Report a problem
    8/28/2024Listed for sale$325,000+8.3%$264/sqft
    Source: MichRIC #24045210 Report a problem
    8/26/2021Sold$300,000+5.3%$244/sqft
    Source: Public Record Report a problem
    7/19/2021Pending sale$284,900$231/sqft
    Source: MichRIC #21027700 Report a problem
    7/14/2021Listed for sale$284,900+72.1%$231/sqft
    Source: MichRIC #21027700 Report a problem
    9/22/2014Sold$165,500-2.5%$134/sqft
    Source: Public Record Report a problem
    8/12/2014Pending sale$169,800$138/sqft
    Source: Coldwell Banker Schmidt REALTORS #14043877 Report a problem
    8/6/2014Listed for sale$169,800+16.7%$138/sqft
    Source: Coldwell Banker Schmidt REALTORS #14043877 Report a problem
    10/31/2012Sold$145,500-2.2%$118/sqft
    Source: Public Record Report a problem
    8/28/2012Listed for sale$148,800+1.9%$121/sqft
    Source: Grand Rapids Real Estate: Griffin Properties, Keller Williams Realty Report a problem
    12/7/2011Sold$146,000+0.8%$119/sqft
    Source: Public Record Report a problem
    10/13/2011Price change$144,900-6.5%$118/sqft
    Source: Blu House Properties, LLC #11040605 Report a problem
    9/2/2011Price change$154,900-5%$126/sqft
    Source: Blu House Properties, LLC #11040605 Report a problem
    7/20/2011Listed for sale$163,000+196.4%$132/sqft
    Source: Blu House Properties, LLC #11040605 Report a problem
    3/30/2011Sold$55,000-26.7%$45/sqft
    Source: Public Record Report a problem
    2/11/2011Listed for sale$75,000-21%$61/sqft
    Source: Grand Rapids Market Center East #11003441 Report a problem
    7/25/2010Listing removed$94,900$77/sqft
    Source: PLATINUM REALTY GROUP, THE #779097 Report a problem
    6/23/2010Listed for sale$94,900$77/sqft
    Source: PLATINUM REALTY GROUP, THE #779097 Report a problem
    4/15/2010Listing removed$94,900$77/sqft
    Source: PLATINUM REALTY GROUP, THE #779097 Report a problem
    2/2/2010Listed for sale$94,900-24.1%$77/sqft
    Source: PLATINUM REALTY GROUP, THE #779097 Report a problem
    9/27/2009Listing removed$125,000$101/sqft
    Source: PLATINUM REALTY GROUP, THE #749694 Report a problem
    9/26/2009Listed for sale$125,000$101/sqft
    Source: PLATINUM REALTY GROUP, THE #749694 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,485 $167,300 +15.9%
    2024-- $144,300 +19.5%
    2021$2,811 $120,800
    2020$2,811 +3.6%$120,800 +6.4%
    2019$2,714 $113,500 +15.3%
    2018-- $98,400 +21.6%
    2017$2,674 $80,900 +7.2%
    2016$2,674 $75,500
    2015$2,674 +7.5%$75,500 +13.2%
    2013$2,487 $66,700 -14.9%
    2011-- $78,400 -5%
    2010-- $82,500 -3.1%
    2009-- $85,100
    2007-- $85,100
    Find assessor info on the county website

    Neighborhood: Heritage Hill

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $333,900
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    Estimated market value
    $333,900