1 month on rocket

Sale Pending

1415 Sherman St SE, Grand Rapids, MI, 49506

$359,900

Home List Price

$4,274*

Closing Credit

0 Baths
Multi

Location

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1415 Sherman St SE, Grand Rapids$359,900

Buyer Closing Credits

$4,274*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1906
HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
BasementYes
MLS #65024055569
Lot Size0.11 Acres
StatusSale Pending
(Pending)

About 1415 Sherman St SE

Welcome to 1415 Sherman St SE. Located in the thriving East Town rental market, this location can't be beaten. Walking distance to shops, restaurants and all Wealthy Street/East Town have to offer. This property has lot of updates and would make an ideal owner-occupant duplex, where you could occupy one unit and rent the other unit or great addition to an investor's rental property. Strong rents and rental potential. 3 Bedrooms on main unit, 2 Bedrooms on upper unit. 2 Stall detached garage off alley.

Property Details

Property Features

Property Information:

  • Year Built: 1906

Listing Office:

  • Office Name: MOXIE Real Estate + Development
  • Office Phone: (616) 890-7794
  • Listing Agent: Shawn Jacobs

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Lake St east to Wealthy. South off Wealthy onto Ethel Ave. West on Sherman St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $359,900

Tax Information:

  • Annual Amount: $3,442
  • 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

$310K

Med. Price/SqFt

$185

Avg. Days On Market

22

# of Sold Homes

277

1415 Sherman St SE vs Grand Rapids

56 DAYS ON ROCKET

+34 Days

$359,900

+$49.8K More

KEY TAKEAWAY

This property is $49.8K 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: #65024055569

Listing Office:

  • Office Name: MOXIE Real Estate + Development
  • Office Phone: (616) 890-7794
  • Listing Agent: Shawn Jacobs

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: 12/17/2024, 8:21:11 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

Sep 01, 2020Home Sold
$205,000
May 23, 2013Home Sold
$115,000
Aug 08, 2008Home Sold
$100,000
Jun 23, 2008Home Sold
$43,000
May 08, 2003Home Sold
$83,000
Jun 09, 1999Home Sold
$77,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,442$125,800
2020$3,441$119,800
2019$3,254$104,500
2018$3,271$94,700
2017$3,116$80,000

History based on county public records data.

Payment Calculator

$1,864

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,146

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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.

Nearby Schools

school-card-donut-4230944
1
/10

  • Campus Elementary School

  • 710 Benjamin Ave SE

  • 0.21 miles

  • Public District Grades PK-5

school-card-donut-4230945
8
/10

  • Wealthy School

  • 1961 Lake Dr SE

  • 0.74 miles

  • Public District Grades PK-5

school-card-donut-4230946
3
/10

  • William C Abney Academy Elementary School

  • 1435 Fulton St E

  • 0.79 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,940. Typical income of Grand Rapids, MI residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Kent County›Grand Rapids›49506›1415 Sherman St SE

This home is located at 1415 Sherman St SE in Grand Rapids, MI and zip code 49506 in the Eastown neighborhood. This home, which was built in 1906, sits on a 0.11 acre lot. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $359,900.

Over 93 listings were sold over their listed price in November 2024 in Grand Rapids, MI. In the same period over 122 listings were sold below the listed price and 62 listings were sold for the listed price. The number of listings in Grand Rapids, MI decreased by 10.4% between October 2024 and November 2024. The median list price of listings available in November 2024 was $310,027, while the average time on the real estate market was 22 days.

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

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