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Sold
  • $400,000

    647 Fairview Ave NE, Grand Rapids, MI 49503

    5beds
    3baths
    --sqft
    2 to 4 Units
    Built in 1916
    -- sqft lot
    $503,800 Zestimate®
    $--/sqft
    $1,972 Estimated rent

    Home value

    $503,800

    $463,000 - $544,000

    $1,972/mo

    Zestimate® history
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    What's special

    Sold Before Broadcast. Rare opportunity in a prime location on Belknap Lookout. 3-unit property could be ideal for owner occupant, 3 tenants, converted to a personal residence, or take advantage of the large corner lot and redevelop it. All 3 units are currently vacant offering great flexibility. List of repairs for rental compliance is attached to the listing. Great proximity to all of downtown Grand Rapids. Seller reserves the right to set an offer deadline. Seller is a licensed real estate agent in the State of Michigan.

    Zillow last checked:

    Listing updated:

    Listed by:

    Emily VerWys 616-730-2224,

    Five Star Real Estate (Eastown)

    Bought with:

    Emily VerWys, 6501378698

    Five Star Real Estate (Eastown)

    Source: MichRIC,MLS#: 24017907MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Basement: Michigan Basement

    Property

    Parking
    • Total spaces: 3
    Lot
    • Size: 6,969 Square Feet
    • Dimensions: 52*135
    • Features: Corner Lot
    Details
    • Parcel number: 411419311003
    • Zoning description: Unknown

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Vinyl Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1916

    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

    • Tax assessed value: $192,623
    • Annual tax amount: $10,200
    • Date on market: 4/16/2024
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity, Water, Sewer, Gas
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/12/2024Sold$400,000-2.4%
    Source: MichRIC #24017907 Report a problem
    8/21/2020Listing removed$995
    Source: BVW Property Management, LLC Report a problem
    7/24/2020Price change$995-5.2%
    Source: BVW Property Management, LLC Report a problem
    7/3/2020Listed for rent$1,050+16.7%
    Source: BVW Property Management, LLC Report a problem
    11/18/2019Sold$410,000-3.5%
    Source: Public Record Report a problem
    10/8/2019Listed for sale$425,000+37.1%
    Source: Five Star Real Estate (Main) #19049330 Report a problem
    4/14/2017Sold$310,000
    Source: Agent Provided Report a problem
    7/28/2016Listing removed$900+24.1%
    Source: VW Acquisitions LLC Report a problem
    2/17/2015Listing removed$725
    Source: VW Acquisitions LLC Report a problem
    12/31/2014Listed for rent$725+3.6%
    Source: VW Acquisitions LLC Report a problem
    10/3/2014Listing removed$700
    Source: VW Acquisitions LLC Report a problem
    9/17/2014Listed for rent$700
    Source: VW Acquisitions LLC Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,989 $273,000 +2.9%
    2024-- $265,300 +26.5%
    2021$6,934 $209,700 +25.7%
    2020$6,934 +3.2%$166,800 +10.9%
    2019$6,722 $150,400 +18.5%
    2018-- $126,900 +22.8%
    2017$4,689 $103,300 +18.2%
    2016$4,689 $87,400
    2015$4,689 -3.2%$87,400 +33%
    2013$4,845 $65,700 -12.4%
    2011-- $75,000
    2010-- $75,000 -35.6%
    2009-- $116,400 +41.8%
    2007-- $82,100 +64.7%
    2006-- $49,840 +3.7%
    2005-- $48,062 +3.3%
    2004-- $46,527 +6.2%
    2002-- $43,802 +7.6%
    2001-- $40,700
    Find assessor info on the county website

    Neighborhood: Belknap Lookout

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $503,800
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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
    $503,800