16 days on rocket

Sale Pending

745 Lyon St NE, Grand Rapids, MI, 49503

$415,000

Home List Price

$4,928*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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745 Lyon St NE, Grand Rapids$415,000

Buyer Closing Credits

$4,928*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingGarages
Year Built1923
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #65024020739
Lot Size0.12 Acres
StatusSale Pending
(Pending)

About 745 Lyon St NE

Looking for an investment opportunity, or a great place to put your 1031 Exchange? This 2-story, 2 unit Craftsman-style duplex home has a lower unit w/ 3 bedrooms,1 bath, kitchen, & stunning craftsman-style hardwood floors & woodwork throughout. The Upper Apt has 2 bedrooms, kitchen, 1 bath, & two large walk-in closets. Along with its fantastic location, it also has a Large front porch, and relaxing back porch, fenced in area in backyard, and 2 stall garage with off street access. Located just outside of the Heritage Hill area, & Conveniently located within walking distance to GRCC, Medical Mile, Martha's Vineyard & Pizza, Nantucket Bakery, Coffee Shops, Easttown, Fulton St. Farmers Market, & the bus stop is nearby! The large basement is accessible to both units with washer and dryer, andplenty of room for storage. Both units occupied, lower photos are current, and from just before new tenant moved in April 2024. Upper lease is until October 2024. Garage Lease is until Dec 2024.

Property Details

Property Features

Property Information:

  • Year Built: 1923

Listing Office:

  • Office Name: Childress & Associates Realty
  • Office Phone: (616) 459-7932
  • Listing Agent: Angela L Swartz

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Other, Laundry Facility, Cable Available

Exterior Features

Parking Information:

  • Parking: Garages

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central 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: Lyon between Eastern and Union, North side of street. Just East of Martha's Vineyard & Nantucket Bakery.

Price Information

Listing Price Info

Price Summary:

  • List Price: $415,000

Tax Information:

  • Annual Amount: $3,049
  • 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

745 Lyon St NE vs Grand Rapids

16 DAYS ON ROCKET

-0 Day

$415,000

+$115K More

KEY TAKEAWAY

This property is $115K 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: #65024020739

Listing Office:

  • Office Name: Childress & Associates Realty
  • Office Phone: (616) 459-7932
  • Listing Agent: Angela L Swartz

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: 5/17/2024, 4:20:36 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

May 05, 2021Home Sold
$250,000
Apr 15, 2004Home Sold
$136,000
Oct 30, 2001Home Sold
$88,500

Tax History

YEARPROP. TAXASSESSMENT
2021$3,049$104,200
2020$3,048$91,300
2019$2,452$82,200
2018$2,525$79,600
2017$2,499$71,000

History based on county public records data.

Payment Calculator

$2,139

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,311

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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-2545894
4
/10

  • Grand Rapids Montessori Public School

  • 159 College Ave NE

  • 0.37 miles

  • Public District Grades PK-12

school-card-donut-2545895
6
/10

  • Grand Rapids University Preparatory Academy

  • 512 Division Ave S

  • 1.30 miles

  • Public Magnet Grades 6-12

school-card-donut-2545896
9
/10

  • City Middle/High School

  • 1720 Plainfield Ave NE

  • 1.82 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 $40,697. Residents of Grand Rapids, MI typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Kent County›Grand Rapids›49503›745 Lyon St NE

This home is located at 745 Lyon St NE in Grand Rapids, MI and zip code 49503 in the Midtown neighborhood. This home, which was built in 1923, sits on a 0.12 acre lot. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $415,000.

In April 2024, from all listings sold in Grand Rapids, MI there were more than 173 sold above asking price, over 60 sold below and more than 45 were sold right at the asked price. The inventory of homes for sale in Grand Rapids, MI between March 2024 and April 2024 increased by 17.4%. While the average time on the market in April 2024 was 16 days, the median list price was $300,000.

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

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