9 days on rocket

Sale Pending

40 Portsmouth Pl NE, Grand Rapids, MI, 49503

$385,000

Home List Price

$4,572*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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40 Portsmouth Pl NE, Grand Rapids$385,000

Buyer Closing Credits

$4,572*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1900
HeatingNatural Gas, Forced Air
BasementYes
MLS #65024019786
Lot Size0.08 Acres
StatusSale Pending
(Pending)

About 40 Portsmouth Pl NE

Welcome to a piece of Grand Rapids history, nestled in the heart of the heritage hill historic neighborhood. Whether you're looking to restore this property to its former glory as a single-family home or capitalize on the rental income potential, this home has it. Currently it is set up with 2 separated apartments. The lower unit is a 2 bedroom / 2 bathroom. The upper unit is 3 bedroom / 1 bathroom. Electric and gas are not split. 1 electrical panel & 1 furnace. Both Apt are currently occupied. This home could be converted back to single fancy with not much work. The exterior was painted last year. 2 off street parking spots with a shared driveway. Spacious backyard with a patio built in & still plenty of green space. Washer & Dryer in the basement. Offers due Tuesday 04/30 at 7PM

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: Tall Tree Realty and Property Management LLC
  • Office Phone: (616) 634-0633
  • Listing Agent: Lewis Smalligan

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Cable Available

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • Grand Rapids Montessori Public School, Public District Grades PK-12
  • Grand Rapids University Preparatory Academy, Public Magnet Grades 6-12
  • City Middle/High School, Public Magnet Grades 7-12

Other

Directions Information:

  • Directions: Lafayette ST or College ST to Fountain ST. East on Fountain. Right on OneWay - Portsmouth Place.

Price Information

Listing Price Info

Price Summary:

  • List Price: $385,000

Tax Information:

  • Annual Amount: $3,017
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Grand Rapids, MI.

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Grand Rapids, MI

City

Med. Sold Price

$300K

Med. Price/SqFt

$229

Avg. Days On Market

16

# of Sold Homes

278

40 Portsmouth Pl NE vs Grand Rapids

9 DAYS ON ROCKET

-7 Days

$385,000

+$85K More

KEY TAKEAWAY

This property is $85K more than the Median Sold Price in Grand Rapids, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Regional Alliance of REALTORS®
  • MLS Number: #65024019786

Listing Office:

  • Office Name: Tall Tree Realty and Property Management LLC
  • Office Phone: (616) 634-0633
  • Listing Agent: Lewis Smalligan

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 6:00:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 09, 2000Home Sold
$125,000
Jun 09, 1999Home Sold
$67,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,017$101,700
2020$3,017$93,300
2019$2,853$83,600
2018$2,867$76,600
2017$2,732$76,100

History based on county public records data.

Payment Calculator

$1,989

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,221

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-5770044
5
/10

  • Grand Rapids Montessori Public School

  • 159 College Ave NE

  • 0.22 miles

  • Public District Grades PK-12

school-card-donut-5770045
3
/10

  • Grand Rapids University Preparatory Academy

  • 512 Division Ave S

  • 0.95 miles

  • Public Magnet Grades 6-12

school-card-donut-5770046
9
/10

  • City Middle/High School

  • 1720 Plainfield Ave NE

  • 2.00 miles

  • Public Magnet Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,253. The most common annual income of people living in Grand Rapids, MI is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Kent County›Grand Rapids›49503›40 Portsmouth Pl NE

This home is located at 40 Portsmouth Pl NE in Grand Rapids, MI and zip code 49503 in the Heritage Hill neighborhood. This home, which was built in 1900, sits on a 0.08 acre lot. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $385,000.

In April 2024 more than 173 listings in Grand Rapids, MI were sold above the asking price. During the same period more than 45 listings were sold at asking price, while more than 60 were sold below. Between March 2024 and April 2024, Grand Rapids, MI real estate market has seen increase in the number of listings by 17.4%. Listings spent 16 days on the market in April 2024, and had a median list price of $300,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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