2016 Joel Peterson built cape cod is ideally located in the village. 2-stall attached garage & an incredible backyard (76'x133'). Interior refresh by Francesca Owings in 2024, included updated kitchen cabinetry, backsplash, lighting, wallpaper, stair runners & bedroom carpet. ML mudroom, foyer, kitchen w/ walk-in pantry, living & dining areas, office, sunroom overlooking the backyard & powder bath. Upstairs the charm of a cape cod shines through in the 4 bedrooms, 2 baths & convenient laundry area. Finished basement holds a spacious living area, 5th bedroom, full bath & storage. Room in the private & fenced backyard for a patio, fire pit, hot tub, pergola and professional hardscape. Quality is evident throughout. Better than new. Unmatched lot & location.
Sold
$1,499,000
553 Lovett Ave SE, Grand Rapids, MI 49506
5beds
3,526sqft
Single Family Residence
Built in 2016
10,018 Square Feet Lot
$1,536,300 Zestimate®
$425/sqft
$4,290 Estimated rent
Home value
$1,536,300
$1.43M - $1.64M
$4,290/mo
Zestimate® history
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List your homeWhat's special
Hot tubFire pitFinished basementIncredible backyardPrivate and fenced backyardProfessional hardscapeBedroom carpet
Zillow last checked:
Listing updated:
Listed by:
Jane (Mary) McCarthy 616-540-2531,
Greenridge Realty (EGR)
Bought with:
Gregory J Emmorey, 6501226080
Redfin Corporation
Source: MichRIC,MLS#: 25031256
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Bar Fridge, Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
- Laundry: In Hall, Upper Level
Features
- Center Island, Eat-in Kitchen, Pantry
- Flooring: Carpet, Ceramic Tile, Wood
- Windows: Screens, Window Treatments
- Basement: Full
- Number of fireplaces: 1
- Fireplace features: Gas Log, Living Room
Interior area
- Total structure area: 2,574
- Total interior livable area: 3,526 sqft
- Finished area below ground: 952
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Front, Garage Door Opener, Attached
- Garage spaces: 2
Features
- Stories: 2
Lot
- Size: 10,018 Square Feet
- Dimensions: 76' x 133'
- Features: Level, Sidewalk, Shrubs/Hedges
Details
- Parcel number: 411433207016
- Zoning description: R3
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- HardiPlank Type
- Roof: Composition
Condition
- New construction: No
- Year built: 2016
Details
- Builder name: Joel Peterson
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Grand Rapids
Financial & listing details
- Price per square foot: $425/sqft
- Tax assessed value: $393,471
- Annual tax amount: $19,673
- Date on market: 6/27/2025
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2025 | Sold | $1,499,000-6.3%$425/sqft |
Source:  MichRIC #25031256 Report a problem | ||
| 6/29/2025 | Pending sale | $1,599,000$453/sqft |
Source: MichRIC #25031256 Report a problem | ||
| 6/27/2025 | Listed for sale | $1,599,000+458.9%$453/sqft |
Source: MichRIC #25031256 Report a problem | ||
| 12/7/2015 | Sold | $286,100+14.4%$81/sqft |
Source: Public Record Report a problem | ||
| 6/24/2015 | Sold | $250,000+37.7%$71/sqft |
Source: Public Record Report a problem | ||
| 5/25/2012 | Sold | $181,550-4.4%$51/sqft |
Source: Public Record Report a problem | ||
| 2/23/2012 | Listing removed | $190,000$54/sqft |
Source: Greenridge Realty Inc. #11050147 Report a problem | ||
| 2/14/2012 | Price change | $190,000-5%$54/sqft |
Source: Greenridge Realty Inc. #11050147 Report a problem | ||
| 10/19/2011 | Price change | $199,900-4.4%$57/sqft |
Source: Greenridge Realty Inc. #11050147 Report a problem | ||
| 9/9/2011 | Listed for sale | $209,000+10%$59/sqft |
Source: Greenridge Realty Inc. #11050147 Report a problem | ||
| 7/24/2006 | Sold | $190,000$54/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,150 | $581,200 +9.4% |
| 2024 | -- | $531,200 +27.1% |
| 2021 | $15,878 | $418,100 +5.8% |
| 2020 | $15,878 +1.6% | $395,100 +8.2% |
| 2019 | $15,625 | $365,000 +12.4% |
| 2018 | -- | $324,800 +330.8% |
| 2017 | $3,691 | $75,400 -40.7% |
| 2016 | $3,691 | $127,200 |
| 2015 | $3,691 | $127,200 +15.4% |
| 2013 | -- | $110,200 +11% |
| 2011 | -- | $99,300 +0.9% |
| 2010 | -- | $98,400 -3.6% |
| 2009 | -- | $102,100 -2.7% |
| 2007 | -- | $104,900 +0.7% |
| 2006 | -- | $104,200 +22.1% |
| 2005 | -- | $85,368 +4.4% |
| 2004 | -- | $81,733 +20.3% |
| 2002 | -- | $67,936 +3.2% |
| 2001 | -- | $65,830 |
Find assessor info on the county website
Neighborhood: 49506
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Nearby schools
GreatSchools rating
- 8/10Wealthy SchoolGrades: K-5Distance: 0.2 mi
- 9/10East Grand Rapids Middle SchoolGrades: 6-8Distance: 0.6 mi
- 9/10East Grand Rapids High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Wealthy School
- Middle: East Grand Rapids Middle School
- High: East Grand Rapids High School
Source: MichRIC. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,536,300
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Estimated market value
$1,536,300
- Michigan
- Kent County
- East Grand Rapids
- 49506
- 553 Lovett Ave SE
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