5 months on rocket

523 La Grave Ave SE, Grand Rapids, MI, 49503

$690,000

Home List Price

$8,194*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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523 La Grave Ave SE, Grand Rapids$690,000

Buyer Closing Credits

$8,194*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1900
HeatingNatural Gas, Forced Air
BasementYes
MLS #65023142342
Lot Size0.33 Acres
StatusActive

About 523 La Grave Ave SE

DEVELOPMENT OPPORTUNITY. Walking distance to Trinity Health. Located in an active redevelopment area with many new homes and condos. Large 3 story structure at 523 La Grave SE, possible 2-3 units with City approval required. Two adjoining vacant lots. Renovate and build, or demo and build all new like the condos at 514-518 Sheldon SE.

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: Schaefer Real Estate
  • Office Phone: (616) 272-4414
  • Listing Agent: Bernard C Schaefer

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Other, Cable Available

Lot Features

Lot Information:

  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • Grand Rapids University Preparatory Academy, Public Magnet Grades 6-12
  • City Middle/High School, Public Magnet Grades 7-12
  • Ottawa Hills High School, Public District Grades 9-12
  • Martin Luther King Leadership Academy, Public District Grades PK-8

Other

Directions Information:

  • Directions: Travel to Wealthy at La Grave and turn south.

Price Information

Listing Price Info

Price Summary:

  • List Price: $690,000

Tax Information:

  • Annual Amount: $1,005
  • 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

$299.2K

Med. Price/SqFt

$228

Avg. Days On Market

20

# of Sold Homes

224

523 La Grave Ave SE vs Grand Rapids

164 DAYS ON ROCKET

+144 Days

$690,000

+$390.7K More

KEY TAKEAWAY

This property is $390.7K 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: #65023142342

Listing Office:

  • Office Name: Schaefer Real Estate
  • Office Phone: (616) 272-4414
  • Listing Agent: Bernard C Schaefer

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: 4/30/2024, 2:25:18 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

Feb 22, 2002Home Sold
$23,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,005$87,000
2020$1,005$72,600
2019$950$57,400
2018$955$52,800
2017$910$49,900

History based on county public records data.

Payment Calculator

$3,511

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,135

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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.

Middle School

school-card-donut-3476058
2
/10

  • Martin Luther King Leadership Academy

  • 645 Logan St SE

  • 0.67 miles

  • Public District Grades PK-8

High School

school-card-donut-3476059
3
/10

  • Grand Rapids University Preparatory Academy

  • 512 Division Ave S

  • 0.08 miles

  • Public Magnet Grades 6-12

school-card-donut-3476060
9
/10

  • City Middle/High School

  • 1720 Plainfield Ave NE

  • 2.73 miles

  • Public Magnet Grades 7-12

school-card-donut-3476061
2
/10

  • Ottawa Hills High School

  • 2055 Rosewood Ave SE

  • 2.73 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,896. The majority of Grand Rapids, MI residents have income less than $35k annually. Typical family type is single, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Kent County›Grand Rapids›49503›523 La Grave Ave SE

This home is located at 523 La Grave Ave SE in Grand Rapids, MI and zip code 49503 in the South East Community Association neighborhood. This home, which was built in 1900, sits on a 0.33 acre lot. It has been listed on Rocket Homes since November 17, 2023 and is currently priced at $690,000.

In March 2024, from all listings sold in Grand Rapids, MI there were more than 128 sold above asking price, over 56 sold below and more than 40 were sold right at the asked price. Between February 2024 and March 2024, Grand Rapids, MI real estate market has seen increase in the number of listings by 9.2%. While the average time on the market in March 2024 was 20 days, the median list price was $299,288.

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

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