Sold

$220,000

521 Leonard St NW, Grand Rapids, MI 49504

2beds

2baths

473sqft

2 to 4 Units

Built in 1900

-- sqft lot

$325,800 Zestimate^®

$465/sqft

$1,300 Estimated rent

Home value

$325,800

$283,000 - $375,000

$1,300/mo

Zestimate^® history

Owner options

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$1,300/mo

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$1,300/mo

Rent Zestimate^®

Refinance and save

$1,470/mo

Est. payment

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$1,470/mo

Est. payment

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What's special

Commercial Storefront with attached Apt. parking for four cars in the back. Next door to the Mitten. Can be purchased in tandem w/517 Leonard, presently available, same Owner.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2

Heating

Forced Air

Cooling

None

Features

Basement: Michigan Basement

Interior area

Total interior livable area: 473 sqft

Property

Parking

Total spaces: 4

Lot

Size: 3,484 Square Feet
Dimensions: 37 x 100 appr x

Details

Parcel number: 411313383017
Zoning description: Comm-Imp

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Vinyl Siding
Roof: Composition

Condition

New construction: No
Year built: 1900

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

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $465/sqft
Tax assessed value: $45,968
Annual tax amount: $2,312
Date on market: 2/13/2025
Listing terms: Cash,Conventional
Tenant pays: Electricity, Gas
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
3/31/2025	Sold	$220,000-12%$465/sqft
Source: MichRIC #25005435 Report a problem
2/20/2025	Pending sale	$249,900$528/sqft
Source: MichRIC #25005435 Report a problem
2/13/2025	Listed for sale	$249,900$528/sqft
Source: MichRIC #25005435 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,312	$119,200 -5.7%
2024	--	$126,400 +37.4%
2021	$2,022	$92,000 +19.2%
2020	$2,022 +3.2%	$77,200 +15.2%
2019	$1,960	$67,000 +3.7%
2018	--	$64,600 +76.5%
2017	$1,921	$36,600
2016	$1,921	$36,600
2015	$1,921 +5%	$36,600 -4.4%
2013	$1,831	$38,300