Sold

$640,000

520 Crescent St NE, Grand Rapids, MI 49503

5beds

6baths

3,608sqft

5+ Units

Built in 1901

-- sqft lot

$732,900 Zestimate^®

$177/sqft

$1,851 Estimated rent

Home value

$732,900

$682,000 - $792,000

$1,851/mo

Zestimate^® history

Owner options

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$1,851/mo

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$1,851/mo

Rent Zestimate^®

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$3,988/mo

Est. payment

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$3,988/mo

Est. payment

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What's special

Historic woodworkLaker lineTree lined streetNantucket bakery

Investment opportunity in Heritage Hill: 520 Crescent is a 6-unit w/ five 1-bedroom units, & one studio unit. 514 Crescent next door is also for sale. A shared driveway leads to a combined 8 off-street parking spaces plus a 2-car garage. 520 Crescent incl. 6 spaces. These properties offer the historic woodwork, character, & charm that attract renters & buyers to Heritage Hill. Crescent is a quiet, tree lined street ideal for spending warm days on the front porch. This home has a City of Grand Rapids Certificate of Compliance good through 04/22/2029. Located within a couple blocks: Corewell Health Hospital & the Medical Mile, GVSU Cook Devos Center for Health Sciences, Martha's Vineyard, Nantucket Bakery, & Lyon Street Cafe. The Rapid bus lines 13,15, & the GVSU Laker Line stop within one block. Highway access to I-96 College Street Exit. Sellers reserve right to add an offer deadline or call for highest and best.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 6

Heating

Forced Air, Wall Furnace

Cooling

Window Unit(s)

Features

Basement: Michigan Basement

Interior area

Total interior livable area: 3,608 sqft

Property

Parking

Total spaces: 6

Lot

Size: 10,018 Square Feet
Dimensions: 69 x 144
Features: Sidewalk

Details

Parcel number: 411430204005
Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Units

Materials

Wood Siding
Roof: Composition

Condition

New construction: No
Year built: 1901

Utilities & green energy

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

Community & HOA

Community

Subdivision: Heritage Hill

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $177/sqft
Tax assessed value: $184,166
Annual tax amount: $9,549
Date on market: 7/16/2023
Listing terms: Cash,Conventional
Tenant pays: Electricity, Gas
Electric utility on property: Yes

Price history

Date	Event	Price
9/13/2023	Sold	$640,000-4.9%$177/sqft
Source: MichRIC #23025193 Report a problem
8/6/2023	Pending sale	$673,000$187/sqft
Source: MichRIC #23025193 Report a problem
7/28/2023	Price change	$673,000-5.2%$187/sqft
Source: MichRIC #23025193 Report a problem
7/16/2023	Listed for sale	$710,000+65.1%$197/sqft
Source: MichRIC #23025193 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
8/24/2018	Listing removed	$825
Source: Owner Report a problem
8/20/2018	Listed for rent	$825+13.8%
Source: Owner Report a problem
1/16/2018	Listing removed	$725
Source: www.turbotenant.com Report a problem
1/15/2018	Listed for rent	$725-4.6%
Source: www.turbotenant.com Report a problem
11/13/2017	Sold	$430,000-1.1%$119/sqft
Source: Public Record Report a problem
9/7/2017	Listed for sale	$435,000+62.9%$121/sqft
Source: Bluhouse Properties LLC #17045612 Report a problem
6/14/2016	Listing removed	$760+16.9%
Source: Rent Blu Property Management Report a problem
8/18/2015	Listing removed	$650
Source: Rent Blu Report a problem
8/5/2015	Price change	$650-13.3%
Source: Rent Blu Report a problem
6/24/2015	Price change	$750+3.4%
Source: Rent Blu Report a problem
6/23/2015	Listed for rent	$725
Source: Rent Blu Report a problem
3/10/2015	Listing removed	$725
Source: Rent Blu Report a problem
2/17/2015	Price change	$725+3.6%
Source: Rent Blu Report a problem
2/13/2015	Listed for rent	$700
Source: Rent Blu Report a problem
7/15/2014	Listing removed	$700
Source: Rent Blu Report a problem
7/1/2014	Price change	$700+7.7%
Source: Rent Blu Report a problem
6/18/2014	Listed for rent	$650
Source: Rent Blu Report a problem
6/17/2014	Sold	$267,000-7.9%$74/sqft
Source: Public Record Report a problem
2/25/2014	Listing removed	$289,900$80/sqft
Source: Blu House Properties, LLC #13061876 Report a problem
11/26/2013	Price change	$289,900-3.3%$80/sqft
Source: Blu House Properties, LLC #13061876 Report a problem
10/29/2013	Listed for sale	$299,900+13.2%$83/sqft
Source: Blu House Properties, LLC #13061876 Report a problem
4/26/2005	Sold	$265,000+65.6%$73/sqft
Source: Public Record Report a problem
11/27/2002	Sold	$160,000$44/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$18,063	$367,700 +5.6%
2024	--	$348,300 +46.6%
2021	$9,208	$237,600 +12.8%
2020	$9,208 +3.2%	$210,700 +14.8%
2019	$8,926	$183,600 +9%
2018	--	$168,500 +29.7%
2017	$6,224	$129,900 +12%
2016	$6,224	$116,000
2015	$6,224 +5%	$116,000 +5.4%
2013	$5,930	$110,100