Investment opportunity in Heritage Hill near the Medical Mile: 514 Crescent is a duplex with two 2-bedroom apartments. 520 Crescent next door is also for sale. A shared driveway leads to 2 parking spaces plus a 2-car garage for 514 Crescent. This property offers the historic woodwork, character, & charm that attracts renters & buyers to Heritage Hill. Crescent is a quiet, tree lined street ideal for spending warm days on the front porch. This property has a City of Grand Rapids Certificate of Compliance valid through 05/19/2029. Laundry access in basement for Apt. 1. Apt. 1 has central AC. Located within a couple blocks: Corewell Hospital & the Medical Mile, GVSU Cook Devos Center for Health Sciences, Martha's Vineyard, Nantucket Baking Company, & Lyon Street Cafe. The Rapid bus lines 13,15, & the GVSU Laker Line stop within 1 block. Access to I-96 College Street Exit. Sellers reserve right to add an offer deadline or call for highest and best.
Sold
$390,000
514 Crescent St NE, Grand Rapids, MI 49503
4beds
2baths
2,095sqft
2 to 4 Units
Built in 1910
-- sqft lot
$433,000 Zestimate®
$186/sqft
$1,690 Estimated rent
Home value
$433,000
$407,000 - $459,000
$1,690/mo
Zestimate® history
Owner options
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$2,455/mo
Est. payment
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List your homeWhat's special
Historic woodworkLaker lineMedical mileTree lined street
Zillow last checked:
Listing updated:
Listed by:
Kellie Kalish 269-331-3131,
Engel and Volkers Shoreline - I
Bought with:
Charles Laufer, 6506047793
Five Star Real Estate (Ada)
Joshua A Yskes, 6501393985
Source: MichRIC,MLS#: 23025192
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air, Wall Unit(s)
Features
- Basement: Michigan Basement
Interior area
- Total interior livable area: 2,095 sqft
Property
Parking
- Total spaces: 4
Lot
- Size: 5,662 Square Feet
- Dimensions: 40 x 142
- Features: Sidewalk
Details
- Parcel number: 411430204004
- Zoning description: residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Wood Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer, Storm Sewer
- Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
Community & HOA
Community
- Subdivision: Heritage Hill
Location
- Region: Grand Rapids
Financial & listing details
- Price per square foot: $186/sqft
- Tax assessed value: $105,689
- Annual tax amount: $5,480
- Date on market: 7/16/2023
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2023 | Sold | $390,000-4.9%$186/sqft |
Source:  MichRIC #23025192 Report a problem | ||
| 8/3/2023 | Pending sale | $410,000$196/sqft |
Source: MichRIC #23025192 Report a problem | ||
| 7/16/2023 | Listed for sale | $410,000-83.6%$196/sqft |
Source: MichRIC #23025192 Report a problem | ||
| 11/7/2017 | Sold | $2,500,000+900%$1,193/sqft |
Source: Public Record Report a problem | ||
| 9/7/2017 | Listed for sale | $250,000+55.3%$119/sqft |
Source: Bluhouse Properties LLC #17045607 Report a problem | ||
| 3/10/2015 | Listing removed | $1,200$1/sqft |
Source: Rent Blu Report a problem | ||
| 2/24/2015 | Listed for rent | $1,200$1/sqft |
Source: Rent Blu Report a problem | ||
| 6/17/2014 | Sold | $161,000-10.5%$77/sqft |
Source: Public Record Report a problem | ||
| 11/22/2013 | Price change | $179,900-5.3%$86/sqft |
Source: Blu House Properties, LLC #13061881 Report a problem | ||
| 10/29/2013 | Listed for sale | $189,900+17.3%$91/sqft |
Source: Blu House Properties, LLC #13061881 Report a problem | ||
| 1/4/2005 | Sold | $161,900$77/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,583 | $174,200 +5.3% |
| 2024 | -- | $165,500 +33.9% |
| 2021 | $4,384 | $123,600 +8.9% |
| 2020 | $4,384 +3.3% | $113,500 +7% |
| 2019 | $4,243 | $106,100 +9.7% |
| 2018 | -- | $96,700 +9.5% |
| 2017 | $4,046 | $88,300 +17.1% |
| 2016 | $4,046 | $75,400 |
| 2015 | $4,046 +5% | $75,400 +11.7% |
| 2013 | $3,855 | $67,500 -15.6% |
| 2011 | -- | $80,000 -4.2% |
| 2010 | -- | $83,500 -2.7% |
| 2009 | -- | $85,800 -9.3% |
| 2007 | -- | $94,600 |
| 2006 | -- | $94,600 +1.6% |
| 2005 | -- | $93,073 +3.3% |
| 2004 | -- | $90,100 +77.2% |
| 2002 | -- | $50,857 +3.2% |
| 2001 | -- | $49,281 |
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: 0.1 mi
- 4/10Innovation Central High SchoolGrades: 9-12Distance: 0.2 mi
- 6/10Grand Rapids University Preparatory AcademyGrades: 6-12Distance: 1.2 mi
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Estimated market value
$433,000
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
$433,000
- Michigan
- Kent County
- Grand Rapids
- 49503
- Heritage Hill
- 514 Crescent St NE
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