9 days on rocket

1516 Colorado Ave SE, Grand Rapids, MI, 49507

$220,000

Home List Price

$2,613*

Closing Credit

2 Bedrooms
1 Full Bath
692 SqFt
$318/SqFt
House

Location

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1516 Colorado Ave SE, Grand Rapids$220,000

Buyer Closing Credits

$2,613*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1929
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #65024058042
Lot Size0.13 Acres
StatusActive

About 1516 Colorado Ave SE

Welcome home to a beautifully updated 2-bedroom, 1-bathroom home that combines comfort and modern convenience. The kitchen was completely remodeled in 2020 with new appliances, countertops, and cabinets, creating a functional and stylish space. The bathroom was also updated in 2020, along with essential upgrades to the plumbing and gutters, plus a new driveway. With a full basement that has a great spot for a small desk or work area along with some extra storage and a private backyard, this home is sure to please. Located in a quiet, well-connected neighborhood, you'll have easy access to downtown Grand Rapids, schools, parks, and shopping. Home was also professionally cleaned prior to listing so it's truly move-in-ready! - Open House Saturday 11/9/2024 from 11am - 1pm.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1929
  • Stories: 1
  • Living Area: 692 SqFt

Listing Office:

  • Office Name: Five Star Real Estate (Grandv)
  • Office Phone: (616) 257-1500
  • Listing Agent: Matthew Cramer

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Interior: Laundry Facility

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 131 to Hall. East on Hall to Kalamazoo. South on Kalamazoo to Fuller. Fuller to Boston. Boston to Colorado.

Price Information

Listing Price Info

Price Summary:

  • List Price: $220,000
  • Price Per SqFt: $318/SqFt

Tax Information:

  • Annual Amount: $1,228
  • 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

$309.8K

Med. Price/SqFt

$232

Avg. Days On Market

20

# of Sold Homes

301

1516 Colorado Ave SE vs Grand Rapids

9 DAYS ON ROCKET

-11 Days

$220,000

-$89.8K Less

$318/SqFt

+$85 More

KEY TAKEAWAY

This property is $89.8K less than the Median Sold Price and $85/SqFt more 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: #65024058042

Listing Office:

  • Office Name: Five Star Real Estate (Grandv)
  • Office Phone: (616) 257-1500
  • Listing Agent: Matthew Cramer

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: 11/15/2024, 6:20:52 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

Aug 04, 2020Home Sold
$158,000
Nov 20, 2015Home Sold
$66,000
Nov 15, 2011Home Sold
$18,000
Sep 04, 2001Home Sold
$92,000
Feb 24, 2000Home Sold
$80,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,228$52,300
2020$70$47,900
2019$1,154$44,300
2018$1,169$37,800
2017$1,470$34,800

History based on county public records data.

Payment Calculator

$1,166

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$726

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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-432696
4
/10

  • Mulick Park Elementary School

  • 1761 Rosewood Ave SE

  • 0.42 miles

  • Public District Grades PK-5

school-card-donut-432697
1
/10

  • Campus Elementary School

  • 710 Benjamin Ave SE

  • 0.98 miles

  • Public District Grades PK-5

school-card-donut-432698
9
/10

  • Lakeside School

  • 2325 Hall St SE

  • 1.17 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,271. The majority of Grand Rapids, MI residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1516 Colorado Ave SE

What is the listing price of this property?

The listing price of 1516 Colorado Ave SE property is $220,000.

What type of property is this?

The property 1516 Colorado Ave SE is a house located in Grand Rapids, Michigan, 49507.

Is this property for sale now?

Active Listing: 1516 Colorado Ave SE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,228 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 4, 2020 for $158,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1516 Colorado Ave SE has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1516 Colorado Ave SE is 692 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1516 Colorado Ave SE is 1929.

Rocket Homes›Michigan›Kent County›Grand Rapids›49507›1516 Colorado Ave SE

This home is located at 1516 Colorado Ave SE in Grand Rapids, MI and zip code 49507 in the South East End neighborhood. This 692 square foot home, which was built in 1929, sits on a 0.13 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $220,000.

In October 2024, from all listings sold in Grand Rapids, MI there were more than 114 sold above asking price, over 124 sold below and more than 62 were sold right at the asked price. The inventory of homes for sale in Grand Rapids, MI between September 2024 and October 2024 increased by 8.6%. Listings spent 20 days on the market in October 2024, and had a median list price of $309,869 during the same period.

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

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