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Off market
  • $554,400

    57 College Ave NE, Grand Rapids, MI 49503

    3beds
    3baths
    2,484sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $554,400 Zestimate®
    $223/sqft
    $1,628 Estimated rent

    Home value

    $554,400

    $510,000 - $604,000

    $1,628/mo

    Zestimate® history
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    $3,527/mo

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    $3,527/mo

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    What's special

    OPEN HOUSE SUNDAY 1-3. Exceptional 2-unit with steady lease and airbnb income history. Main floor is currently owner-occupied and could be easily converted to a 2-bedroom. Upstairs 1 bedroom unit is leased through July 2021. Additional bedroom and full bath on second floor is currently associated with owner unit #1 and used as Airbnb but could be combined with either unit to make unit #1 a 2-bedroom or Unit #2 at 2-bedroom. City certification recently completed. Unfinished attic space has potential for further improvement. New central AC installed 8/27/2020! 3 off-street parking spaces. Charm and convenience abound in this wonderfully landscaped Heritage Hill home. Exterior is meticulously maintained. Interior likewise. See extensive list of improvements in documents.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Heating
    • Forced air, Electric, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer
    • Laundry: Laundry Facility
    Features
    • Flooring: Hardwood
    • Basement: Full, Michigan Basement
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,484 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    Features
    • Patio & porch: Deck/Patio
    • Exterior features: Wood
    • Frontage length: 59.00
    Lot
    • Size: 6,708 Square Feet
    • Features: Level, Sidewalk
    Details
    • Parcel number: 411430253012
    • Zoning: residential

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected, Electricity Connected, Cable Connected, Broadband, Storm Sewer, Telephone Line

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $223/sqft
    • Tax assessed value: $587,600
    • Annual tax amount: $9,717
    • Total actual rent: 975
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    9/15/2020Sold$390,000$157/sqft
    Source: MichRIC #20035446 Report a problem
    9/3/2020Pending sale$390,000$157/sqft
    Source: Coldwell Banker AJS (Casc) #20035446 Report a problem
    9/2/2020Listed for sale$390,000$157/sqft
    Source: Coldwell Banker AJS (Casc) #20035446 Report a problem
    9/1/2020Pending sale$390,000$157/sqft
    Source: Coldwell Banker AJS (Casc) #20035446 Report a problem
    8/27/2020Listed for sale$390,000+39.3%$157/sqft
    Source: Coldwell Banker AJS (Casc) #20035446 Report a problem
    3/4/2016Sold$280,000+25946.5%$113/sqft
    Source: Public Record Report a problem
    12/17/2015Listing removed$1,275$1/sqft
    Source: Coldwell Banker Schmidt, Realtors #15050370 Report a problem
    9/19/2015Listed for rent$1,275+8.5%$1/sqft
    Source: Coldwell Banker Schmidt, Realtors #15050370 Report a problem
    5/7/2015Listing removed$1,175
    Source: Coldwell Banker Schmidt, Realtors #13044704 Report a problem
    4/15/2015Listed for rent$1,175-7.8%
    Source: Coldwell Banker Schmidt, Realtors #13044704 Report a problem
    7/19/2012Listing removed$1,075
    Source: Coldwell Banker Schmidt, Realtors #12004900 Report a problem
    7/1/2012Price change$1,075-15.7%
    Source: Coldwell Banker Schmidt, Realtors #12004900 Report a problem
    6/1/2012Listing removed$1,275+50%$1/sqft
    Source: Coldwell Banker Schmidt REALTORS #12004900 Report a problem
    2/26/2012Listed for sale$1,275-99.6%$1/sqft
    Source: Coldwell Banker Schmidt, Realtors #12004900 Report a problem
    1/23/2012Listed for rent$850
    Source: Tom Hicks Report a problem
    2/13/2003Sold$300,000$121/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,717 $293,800 +4%
    2024-- $282,500 +40.1%
    2021$5,580 $201,700 +7.2%
    2020$5,580 +3.3%$188,200 +24.5%
    2019$5,401 $151,200 +21.8%
    2018-- $124,100 +6.7%
    2017$4,149 $116,300 +16%
    2016$4,149 $100,300
    2015$4,149 -12.9%$100,300 +8.5%
    2013$4,763 $92,400 -15.6%
    2011-- $109,500 -4.3%
    2010-- $114,400 -2.6%
    2009-- $117,500 -15%
    2007-- $138,300 +6.3%
    2006-- $130,153 +3.7%
    2005-- $125,510 +3.3%
    2004-- $121,501 +63.2%
    2002-- $74,431 +3.2%
    2001-- $72,124
    Find assessor info on the county website

    Neighborhood: Heritage Hill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Grand Rapids

    Source: The MLS. 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
    $554,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $554,400