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
ParkingConcrete, Driveway
Year Built1900
HeatingForced Air, Natural Gas
BasementYes
MLS #23142342
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

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Concrete, Driveway

Lot Features

Lot Information:

  • Lot: Level, Sidewalk
  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

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

165 DAYS ON ROCKET

+145 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: Michigan Regional Information Center (MichRIC)
  • MLS Number: #23142342

Listing Office:

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

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 9:20:21 PM 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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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-3345165
2
/10

  • Martin Luther King Leadership Academy

  • 645 Logan St SE

  • 0.67 miles

  • Public District Grades PK-8

High School

school-card-donut-3345166
3
/10

  • Grand Rapids University Preparatory Academy

  • 512 Division Ave S

  • 0.08 miles

  • Public Magnet Grades 6-12

school-card-donut-3345167
9
/10

  • City Middle/High School

  • 1720 Plainfield Ave NE

  • 2.73 miles

  • Public Magnet Grades 7-12

school-card-donut-3345168
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. Typical income of Grand Rapids, MI residents is less than $35k annually. The most common type of family is single, with kids. The most common level of education of people living in this area is high school diploma.

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 16, 2023 and is currently priced at $690,000.

In March 2024 more than 128 listings in Grand Rapids, MI were sold above the asking price. During the same period more than 40 listings were sold at asking price, while more than 56 were sold below. In March 2024 in Grand Rapids, MI there were 9.2% more homes for sale than in February 2024. Listings spent 20 days on the market in March 2024, and had a median list price of $299,288 during the same period.

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

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