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Sold
  • $575,000

    554 Madison Ave SE, Grand Rapids, MI 49503

    4beds
    3,386sqft
    Single Family Residence
    Built in 1905
    6,534 Square Feet Lot
    $593,900 Zestimate®
    $170/sqft
    $3,125 Estimated rent

    Home value

    $593,900

    $552,000 - $635,000

    $3,125/mo

    Zestimate® history
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    What's special

    Turn-of-the-century victorian homeOversized two-stall garageOrnate crown moldingsPrivate backyard patioWelcoming front porchFormal dining roomOriginal hardwood floors
    Step into timeless elegance with this beautiful turn-of-the-century Victorian home located in the highly sought-after Heritage Hill District. Rich in historic charm and character, this residence features ornate crown moldings, original hardwood floors, and a staircase that showcases the craftsmanship of a bygone era. Inside, you'll find a formal dining room perfect for entertaining, a cozy living room with a fireplace, and a 4-season room filled with natural light thanks to its abundance of windows. The kitchen and full upstairs bath offer the added comfort of heated floors, blending modern convenience with classic style. Enjoy morning coffee on the welcoming front porch or host gatherings on the private backyard patio. The oversized two-stall garage provides ample storage and parking, and the home is equipped with a new boiler system installed in 2022 for efficient heating. Located on a charming, walkable street with sidewalks and just down from the iconic Frank Lloyd Wright-designed Meyer May House, this is a rare opportunity to own a piece of Grand Rapids history in one of its most desirable neighborhoods.

    Zillow last checked:

    Listing updated:

    Listed by:

    Todd J Fencil 616-581-1041,

    RE/MAX of Grand Rapids (Stndl)

    Bought with:

    Kathleen N Wynsma, 6502119233

    Coldwell Banker Schmidt Realtors

    Source: MichRIC,MLS#: 25021925MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Hot Water, Radiant
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
    • Laundry: In Basement
    Features
    • Center Island
    • Flooring: Wood
    • Basement: Full
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 2,886
    • Total interior livable area: 3,386 sqft
    • Finished area below ground: 500

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Faces Side, Garage Door Opener, Detached
    • Garage spaces: 2
    Features
    • Stories: 2
    Lot
    • Size: 6,534 Square Feet
    • Dimensions: 50 x 132
    • Features: Sidewalk
    Details
    • Parcel number: 411431205013
    • Zoning description: RES

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Historic,Victorian
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Roof: Shingle,Wood
    Condition
    • New construction: No
    • Year built: 1905

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $170/sqft
    • Tax assessed value: $265,031
    • Annual tax amount: $8,657
    • Date on market: 5/15/2025
    • Listing terms: Cash,FHA,VA Loan,Conventional
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/3/2025Sold$575,000-4.2%$170/sqft
    Source: MichRIC #25021925 Report a problem
    8/15/2025Pending sale$599,900$177/sqft
    Source: MichRIC #25021925 Report a problem
    6/29/2025Price change$599,900-4%$177/sqft
    Source: MichRIC #25021925 Report a problem
    6/5/2025Price change$624,900-3.8%$185/sqft
    Source: MichRIC #25021925 Report a problem
    5/15/2025Listed for sale$649,900+57.9%$192/sqft
    Source: MichRIC #25021925 Report a problem
    7/26/2019Sold$411,500+8.3%$122/sqft
    Source: Public Record Report a problem
    6/23/2019Pending sale$379,900$112/sqft
    Source: RE/MAX Of Grand Rapids #19028428 Report a problem
    6/21/2019Listed for sale$379,900$112/sqft
    Source: RE/MAX of Grand Rapids (FH) #19028428 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,658 $350,200 +12.7%
    2024-- $310,600 +32.1%
    2021$2,158 $235,200 +5.7%
    2020$2,158 +3.6%$222,600 +11.4%
    2019$2,084 $199,800 +15.4%
    2018-- $173,100 +9.2%
    2017$2,053 $158,500 +4.6%
    2016$2,053 $151,500
    2015$2,053 +7.5%$151,500 +10.7%
    2013$1,909 $136,900 +2.4%
    2011-- $133,700 -4.4%
    2010-- $139,900 -2.4%
    2009-- $143,400 +15.2%
    2007-- $124,500 +152.5%
    2006-- $49,310 +3.7%
    2005-- $47,551 +3.3%
    2004-- $46,032 +6.2%
    2002-- $43,337 +3.2%
    2001-- $41,994
    Find assessor info on the county website

    Neighborhood: Heritage Hill

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $593,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $593,900