23 days on rocket

1929 Observatory Ave SE, Grand Rapids, MI, 49546

$487,000

Home List Price

$5,783*

Closing Credit

0 Baths
Multi

Location

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1929 Observatory Ave SE, Grand Rapids$487,000

Buyer Closing Credits

$5,783*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGarages, Paved
Year Built1965
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #65024057064
Lot Size0.46 Acres
StatusActive

About 1929 Observatory Ave SE

Forest Hills Schools/Investment/Owner Occupied Duplex Opportunity! This is a large up and down Duplex. The main floor has 5 legal bedrooms, 3 upper, 2 in basement. Two bathrooms, Kitchen, dining room with wood burning fireplace and a large family room. Laundry is in the basement. Garage and 3 separate entries. The lower unit needs some updating. The upper unit has 2 large bedrooms and 1.5 bathrooms. A laundry room, Kitchen, dining room with wood burning fireplace, a large living room and a beautiful deck looking over backyard area. Shared garage and 2 separate entries. Easy to rent and location is on bus route as well and very walkable area. Within a mile there are malls, restaurants and lots of shopping opportunities. This unit backs up to Calvin seminary housing and CalvinNature preserve. Many walking trail and a quiet residential neighborhood. This is a rare opportunity for an investor of owner occupied duplex in Forest Hill Northern school district! Hurry, this will go quickly....

Property Details

Property Features

Property Information:

  • Year Built: 1965

Listing Office:

  • Office Name: Key Realty
  • Office Phone: (616) 202-1247
  • Listing Agent: Sue A Hayes

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Garages, Paved

Lot Features

Lot Information:

  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: E Beltline to Burton. East to Observatory. North to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $487,000

Tax Information:

  • Annual Amount: $3,819
  • 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

1929 Observatory Ave SE vs Grand Rapids

23 DAYS ON ROCKET

+3 Days

$487,000

+$177.1K More

KEY TAKEAWAY

This property is $177.1K 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: #65024057064

Listing Office:

  • Office Name: Key Realty
  • Office Phone: (616) 202-1247
  • Listing Agent: Sue A Hayes

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: 11/23/2024, 11:20:52 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

Jul 22, 2015Home Sold
$195,000
Dec 12, 2001Home Sold
$209,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,819$147,800
2020$3,818$118,200
2019$3,730$118,200
2018$3,619$101,100
2017$4,040$95,800

History based on county public records data.

Payment Calculator

$2,498

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,527

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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-871561
5
/10

  • Ridgemoor Park Montessori

  • 2555 Inverness Rd SE

  • 1.23 miles

  • Public District Grades PK-6

school-card-donut-871562
8
/10

  • Meadow Brook Elementary School

  • 1450 Forest Hill Ave SE

  • 1.44 miles

  • Public District Grades KG-4

school-card-donut-871563
8
/10

  • Breton Downs School

  • 2500 Boston St SE

  • 1.52 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,564. Typical income of Grand Rapids, MI residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Grand Rapids, MI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Grand Rapids, MI?

The housing landscape in Grand Rapids is diverse, with single-family homes making up a significant portion of the market, reflecting a mix of modern and traditional architectural styles. Apartments and townhouses are also available, providing options for various living preferences. The majority of homes were constructed during a period of growth from the late 20th century into the early 21st century. The homeownership rate in Grand Rapids is robust, with a substantial majority of residents owning their homes.

Is Grand Rapids, MI a good place to live?

Grand Rapids prides itself on a vibrant cultural scene and a strong sense of community. The city is celebrated for its annual art competitions and festivals that showcase local talent and foster a sense of togetherness. The downtown area is particularly known for its dynamic atmosphere and the presence of historic buildings that add to the city's character.

Are things conveniently located in Grand Rapids, MI?

Residents of Grand Rapids benefit from a well-rounded array of services. The educational system includes numerous public and private schools, catering to a range of educational needs and preferences. Healthcare is well-supported by local hospitals and clinics offering a variety of services from emergency care to specialized treatments. The city also features a network of public libraries and a variety of retail and dining options that reflect the local culture. Efforts are continually made to adapt and improve these services to meet the evolving needs of the community.

What does the transportation in Grand Rapids, MI look like?

Transportation in Grand Rapids is facilitated by a network of roads and highways that connect the city to surrounding areas, as well as public transit options that serve the community. While specific ride-share services are available, the city also emphasizes walkability, particularly in the downtown area. Public transportation operates on a set schedule, providing consistent service for residents. Recent initiatives aim to enhance the efficiency and accessibility of the transportation system, making commuting and travel easier for everyone.

Rocket Homes›Michigan›Kent County›Grand Rapids›49546›1929 Observatory Ave SE

This home is located at 1929 Observatory Ave SE in Grand Rapids, MI and zip code 49546. This home, which was built in 1965, sits on a 0.46 acre lot. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $487,000.

In October 2024 more than 114 listings in Grand Rapids, MI were sold above the asking price. During the same period more than 62 listings were sold at asking price, while more than 124 were sold below. The number of listings in Grand Rapids, MI increased by 8.6% between September 2024 and October 2024. In October 2024, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $309,869.

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

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