Sold for $280,000

Street View

$280,000

515 Valley Ave NW, Grand Rapids, MI 49504

3beds

1,714sqft

SingleFamily

Built in 1880

0.99 Acres Lot

$291,100 Zestimate^®

$163/sqft

$2,525 Estimated rent

Home value

$291,100

$268,000 - $314,000

$2,525/mo

Zestimate^® history

Owner options

List your home for rent

$2,525/mo

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$2,525/mo

Rent Zestimate^®

Refinance and save

$1,782/mo

Est. payment

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$1,782/mo

Est. payment

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What's special

This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers significantly below market value!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Forced air

Cooling

Central

Appliances

Included: Dishwasher, Microwave, Range / Oven, Refrigerator, Washer

Features

Flooring: Carpet, Linoleum / Vinyl
Basement: Unfinished

Interior area

Total interior livable area: 1,714 sqft

Property

Parking

Parking features: Off-street

Features

Exterior features: Metal
Has view: Yes
View description: City

Lot

Size: 0.99 Acres

Details

Parcel number: 411323376028

Construction

Type & style

Home type: SingleFamily

Materials

Roof: Shake / Shingle

Condition

Year built: 1880

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $163/sqft
Tax assessed value: $396,000
Annual tax amount: $2,532

Price history

Date	Event	Price
3/5/2025	Sold	$280,000+700%$163/sqft
Source: Public Record Report a problem
4/30/2010	Sold	$35,000+59.1%$20/sqft
Source: Public Record Report a problem
2/14/2010	Listed for sale	$22,000-79.1%$13/sqft
Source: foreclosure.com Report a problem
7/20/2009	Sold	$105,085+49.1%$61/sqft
Source: Public Record Report a problem
2/8/2005	Sold	$70,500-13.1%$41/sqft
Source: Public Record Report a problem
11/18/2003	Sold	$81,121$47/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,532	$198,000 +13.5%
2024	--	$174,400 +60.9%
2021	$2,248	$108,400 +11.3%
2020	$2,248 +3.6%	$97,400 +7.4%
2019	$2,171	$90,700 +12.5%
2018	--	$80,600 +16.1%
2017	$2,139	$69,400 +7.9%
2016	$2,139	$64,300
2015	$2,139 +7.5%	$64,300 +9.9%
2013	$1,989	$58,500 -7.4%
2011	--	$63,200 -4.1%
2010	--	$65,900 -10.2%
2009	--	$73,400 +43.1%
2007	--	$51,300
2006	--	$51,300
2005	--	$51,300 +25.5%
2004	--	$40,887 +6.2%
2002	--	$38,493 +3.2%
2001	--	$37,300