12 days on rocket

Sale Pending

616 Sherman St SE, Grand Rapids, MI, 49503

$275,000

Home List Price

$3,266*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,572 SqFt
$175/SqFt
House
Schools Nearby

Location

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616 Sherman St SE, Grand Rapids$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1923
HeatingNatural Gas, Forced Air
CoolingCeiling Fan(s)
BasementYes
MLS #65024018092
Lot Size0.13 Acres
StatusSale Pending
(Pending)

About 616 Sherman St SE

Completely remodeled 3-4 bedroom, 1.5 bath home with brand new garage and concrete driveway. Enjoy the covered front porch and neighborhood with parks, sidewalks, coffee shops and more within walking distance. Yard is large and fairly private - fenced on 2 sides and ready for grass seed. Inside is beautiful. Original large wood trim, tall ceilings, and refinished hardwood floors. NEW kitchen has new cabinets, granite counters, stainless steel appliances, snack bar counter, and wood floors. All NEW ELECTRICAL and APPLIANCES. Main floor half bath with new sink, toilet, mirror. Upstairs new bath with tile floors and tub surround. Beautiful living room and formal dining rooms. Main floor room could be 4th bedroom if doors added back on. Offer Deadline Wed 4/24 at 10am.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1923
  • Stories: 2
  • Living Area: 1,572 SqFt

Listing Office:

  • Office Name: GR Home Team
  • Office Phone: (616) 378-0018
  • Listing Agent: Erin C Fester

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Yes
  • Interior: Cable Available, Laundry Facility

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Sherman Street between east of Union and west of Eastern.

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $175/SqFt

Tax Information:

  • Annual Amount: $1,060
  • 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

616 Sherman St SE vs Grand Rapids

12 DAYS ON ROCKET

-8 Days

$275,000

-$24.2K Less

$175/SqFt

-$53 Less

KEY TAKEAWAY

This property is $24.2K less than the Median Sold Price and $53/SqFt less than other homes 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: #65024018092

Listing Office:

  • Office Name: GR Home Team
  • Office Phone: (616) 378-0018
  • Listing Agent: Erin C Fester

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, 4:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,060$66,600
2020$1,060$53,100
2019$996$44,700
2018$1,528$37,200
2017$1,456$34,100

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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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-3529650
2
/10

  • Martin Luther King Leadership Academy

  • 645 Logan St SE

  • 0.18 miles

  • Public District Grades PK-8

High School

school-card-donut-3529651
3
/10

  • Grand Rapids University Preparatory Academy

  • 512 Division Ave S

  • 0.71 miles

  • Public Magnet Grades 6-12

school-card-donut-3529652
2
/10

  • Ottawa Hills High School

  • 2055 Rosewood Ave SE

  • 2.23 miles

  • Public District Grades 9-12

school-card-donut-3529653
9
/10

  • City Middle/High School

  • 1720 Plainfield Ave NE

  • 2.86 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 $35,227. Typical income of Grand Rapids, MI residents is less than $35k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 616 Sherman St SE

What is the listing price of this property?

The listing price of 616 Sherman St SE property is $275,000.

What type of property is this?

The property 616 Sherman St SE is a house located in Grand Rapids, Michigan, 49503.

Is this property for sale now?

Sale Pending: 616 Sherman St SE is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 616 Sherman St SE are:
Martin Luther King Leadership Academy: GreatSchools Rating 2/10
Grand Rapids University Preparatory Academy: GreatSchools Rating 3/10
Ottawa Hills High School: GreatSchools Rating 2/10
City Middle/High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,060 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 616 Sherman St SE has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 616 Sherman St SE is 1,572 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 616 Sherman St SE is 1923.

Rocket Homes›Michigan›Kent County›Grand Rapids›49503›616 Sherman St SE

This home is located at 616 Sherman St SE in Grand Rapids, MI and zip code 49503 in the Madison Area neighborhood. This 1,572 square foot home, which was built in 1923, sits on a 0.13 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $275,000.

While more than 128 listings in Grand Rapids, MI in March 2024 were sold above asking price, there were more than 40 listings sold at asking price, and more than 56 were sold below. The number of homes for sale in Grand Rapids, MI increased by 9.2% between February 2024 and March 2024. The median list price of listings available in March 2024 was $299,288, while the average time on the real estate market was 20 days.

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

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