Sold

$251,750

517 Lafayette Ave SE, Grand Rapids, MI 49503

2beds

1,563sqft

Single Family Residence

Built in 1977

6,098 Square Feet Lot

$300,800 Zestimate^®

$161/sqft

$1,880 Estimated rent

Home value

$300,800

$286,000 - $319,000

$1,880/mo

Zestimate^® history

Owner options

List your home for rent

$1,880/mo

Rent Zestimate^®

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$1,880/mo

Rent Zestimate^®

Refinance and save

$1,802/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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$1,802/mo

Est. payment

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What's special

Energy-efficient windowsNew roof

Explore this beautifully updated townhouse in the tranquil Heritage Commons Community, conveniently situated next to the Heritage Hills Historic District. Just minutes from hospitals, parks, restaurants, and shopping, this home features vinyl plank (VP) floors that flow seamlessly through the open living and dining areas on the main floor. Over the years, this property has undergone numerous updates, including a new roof and energy-efficient windows. This isn't a condominium; it's a Zero Lot Line Townhome, meaning you own the land with a small annual fee of only $200. Don't miss out on this gem—come see it for yourself and prepare to be delighted!

Facts & features

Interior

Bedrooms & bathrooms

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

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Laundry: Gas Dryer Hookup, In Basement, Laundry Chute, Washer Hookup

Features

Eat-in Kitchen
Windows: Insulated Windows, Window Treatments
Basement: Full
Has fireplace: No

Interior area

Total structure area: 1,109
Total interior livable area: 1,563 sqft
Finished area below ground: 454

Property

Parking

Total spaces: 1
Parking features: Garage Faces Front, Garage Door Opener, Attached
Garage spaces: 1

Features

Stories: 2

Lot

Size: 6,098 Square Feet
Dimensions: 67 x 97
Features: Corner Lot, Level, Sidewalk, Ground Cover, Shrubs/Hedges

Details

Parcel number: 411431130029
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Brick
Roof: Shingle

Condition

New construction: No
Year built: 1977

Utilities & green energy

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

Community & HOA

HOA

Has HOA: Yes
Services included: None
HOA fee: $200 annually

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $161/sqft
Tax assessed value: $55,133
Annual tax amount: $1,778
Date on market: 10/22/2024
Listing terms: Cash,FHA,VA Loan,Conventional
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
11/8/2024	Sold	$251,750+7.2%$161/sqft
Source: MichRIC #24055614 Report a problem
10/26/2024	Pending sale	$234,900$150/sqft
Source: MichRIC #24055614 Report a problem
10/22/2024	Listed for sale	$234,900+104.3%$150/sqft
Source: MichRIC #24055614 Report a problem
6/18/2019	Sold	$115,000+214%$74/sqft
Source: Public Record Report a problem
8/16/2011	Sold	$36,630$23/sqft
Source: Public Record Report a problem
7/16/2011	Listed for sale	$36,630-41.7%$23/sqft
Source: Coldwell Banker Schmidt REALTORS #11039465 Report a problem
9/30/2010	Sold	$62,840$40/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,857	$124,400 +6.5%
2024	--	$116,800 +30.1%
2021	$1,648	$89,800 +10.3%
2020	$1,648 +3.6%	$81,400 +33.9%
2019	$1,592	$60,800 -1.5%
2018	--	$61,700 +8.2%
2017	$1,568	$57,000 +24.2%
2016	$1,568	$45,900
2015	$1,568 +7.5%	$45,900 +7%
2013	$1,459	$42,900 -5.7%
2011	--	$45,500
2010	--	$45,500 -5.6%
2009	--	$48,200 -2%
2007	--	$49,200 +4.6%
2006	--	$47,025 +3.7%
2005	--	$45,348 +3.3%
2004	--	$43,900 +47.1%
2002	--	$29,843 +3.2%
2001	--	$28,918