Active

$325,000

514 Lyon St NE APT 2, Grand Rapids, MI 49503

1beds

974sqft

$2,791/mo

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Condominium

Built in 1919

-- sqft lot

$311,100 Zestimate^®

$334/sqft

$300/mo HOA

What's special

Inviting residenceCharacter and warmth throughoutComfortable open layout

Historic charm meets modern convenience in this beautifully maintained Heritage Hill condo! This inviting residence offers a comfortable open layout with character and warmth throughout. Thoughtfully cared for and enhanced with over $50K in improvements, while preserving the timeless appeal of its historic setting. Enjoy an amazing location within walking distance to neighborhood parks, downtown Grand Rapids, medical mile, coffee shops, Martha's Vineyard, etc... Make this low-maintenance and charming Heritage Hill condo yours today. Sellers have five windows ordered to replace those that have bad seals. Additional storage in basement area for owners/tenants. Condo has a designated parking spot behind building off of the alley.

20 hours
172
21

Facts & features

Interior

Bedrooms & bathrooms

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

Primary bedroom

Level: Main
Area: 133.56
Dimensions: 12.60 x 10.60

Dining area

Level: Main
Area: 175.2
Dimensions: 12.00 x 14.60

Dining room

Description: Formal

Kitchen

Level: Main
Area: 101.76
Dimensions: 10.60 x 9.60

Living room

Level: Main
Area: 176.8
Dimensions: 13.00 x 13.60

Other

Description: porch
Level: Main
Area: 99.28
Dimensions: 7.30 x 13.60

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Built-In Gas Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Laundry: In Hall, Laundry Closet, Main Level

Features

Ceiling Fan(s), Center Island, Pantry
Flooring: Wood
Basement: Full,Other
Has fireplace: No

Interior area

Total structure area: 974
Total interior livable area: 974 sqft

Property

Features

Stories: 2
Exterior features: Balcony

Lot

Size: 0.45 Acres
Features: Sidewalk, Shrubs/Hedges

Details

Parcel number: 411430257004
Zoning description: Residential

Construction

Type & style

Home type: Condo
Architectural style: Historic
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

Community

Security: Building Security, Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)

HOA

Has HOA: Yes
Amenities included: Storage
Services included: Water, Trash, Snow Removal, Sewer, Maintenance Grounds
HOA fee: $300 monthly
HOA phone: 616-365-5033

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $334/sqft
Tax assessed value: $108,082
Annual tax amount: $5,698
Date on market: 10/7/2026
Listing terms: Cash,Conventional
Electric utility on property: Yes

Estimated market value

$311,100

$296,000 - $327,000

$1,572/mo

Price history

Date	Event	Price
10/7/2026	Listed for sale	$325,000+57.8%$334/sqft
Source: MichRIC #26053449 Report a problem
2/4/2025	Listing removed	$1,950$2/sqft
Source: Zillow Rentals Report a problem
12/29/2024	Listed for rent	$1,950+4%$2/sqft
Source: Zillow Rentals Report a problem
8/4/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
7/4/2022	Listed for rent	$1,875+4.2%$2/sqft
Source: Zillow Rental Manager Report a problem
1/25/2021	Listing removed	--
Source: Owner Report a problem
8/17/2020	Listing removed	$1,800$2/sqft
Source: Owner Report a problem
8/5/2020	Listed for rent	$1,800$2/sqft
Source: Owner Report a problem
5/5/2018	Listing removed	$205,900$211/sqft
Source: Coldwell Banker Woodland-Schmidt #18018337 Report a problem
5/3/2018	Listed for sale	$205,900+8.1%$211/sqft
Source: Coldwell Banker Woodland Schmidt Muskegon #18018337 Report a problem
4/7/2017	Sold	$190,500+3%$196/sqft
Source: MichRIC #17008501 Report a problem
3/6/2017	Pending sale	$185,000$190/sqft
Source: Grand Rapids - Downtown #17008501 Report a problem
3/3/2017	Listed for sale	$185,000+6.4%$190/sqft
Source: Berkshire Hathaway HomeServices Michigan Real Estate #17008501 Report a problem
6/2/2008	Sold	$173,900$179/sqft
Source: Public Record Report a problem
12/5/2007	Sold	$173,900$179/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$5,581 +2.7%	$147,800
2025	$5,436	$147,800 +15.9%
2024	--	$127,500 +19.5%
2021	$3,134	$106,700
2020	$3,134 +3.6%	$106,700 +6.4%
2019	$3,027	$100,300 +15.3%
2018	--	$87,000 +21.7%
2017	$2,363	$71,500 +7.2%
2016	$2,363	$66,700
2015	$2,363 +7.5%	$66,700 +2.9%
2013	$2,197	$64,800 -15%
2011	--	$76,200 -5%
2010	--	$80,200 -3%
2009	--	$82,700 -3.4%
2007	--	$85,600