2 months on rocket

227 James Ave SE, Grand Rapids, MI, 49503

$480,000

Home List Price

$5,700*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
2,589 SqFt
$185/SqFt
House

Location

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227 James Ave SE, Grand Rapids$480,000

Buyer Closing Credits

$5,700*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1890
HeatingNatural Gas, Forced Air
BasementYes
MLS #65024042812
Lot Size0.14 Acres
StatusActive

About 227 James Ave SE

Motivated seller. Price dropped significantly below market value. House to be taken off the market at Thanksgiving and relisted at market price in spring. Conservative estimate for renting the 1 bedroom unit on Airbnb is 40k annually! Live for FREE in a 5 bedroom historic home in just a short walk from the wealthy corridor! This Could be Grand Rapids Finest Legal Airbnb! (City of GR restricts Short Term Rentals to just one bedroom in an already owner occupied dwelling.) This incredible home has a fully functioning 1 bedroom apartment directly attached! A lot of love and care has gone into remodeling! Reclaimed boards and lane markers from a bowling alley built in the 70's add character to the kitchen island.Original light fixtures throughout. Easy to convert back to single family. Lots of room to build a garage with plenty of off street parking.

Property Details

Property Features

Property Information:

  • Architectural Style: Historic
  • Year Built: 1890
  • Stories: 2
  • Living Area: 2,589 SqFt

Listing Office:

  • Office Name: AARE
  • Office Phone: (616) 308-7946
  • Listing Agent: Jonathan Hazeltine

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Laundry Facility

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Virtual/3D Tour

  • 3D Tour: 227 James Ave SE
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: From 131, East on Cherry Street, South on James St., Property is on west side of James St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $480,000
  • Price Per SqFt: $185/SqFt

Tax Information:

  • Annual Amount: $4,813
  • 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

227 James Ave SE vs Grand Rapids

86 DAYS ON ROCKET

+66 Days

$480,000

+$170.1K More

$185/SqFt

-$48 Less

KEY TAKEAWAY

This property is $170.1K more than the Median Sold Price and $48/SqFt less 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: #65024042812

Listing Office:

  • Office Name: AARE
  • Office Phone: (616) 308-7946
  • Listing Agent: Jonathan Hazeltine

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: 11/10/2024, 4:20:52 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

Feb 11, 2021Home Sold
$243,000
Dec 31, 2013Home Sold
$150,000
Dec 09, 1999Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,813$188,900
2020$4,812$179,600
2019$4,551$157,200
2018$4,574$132,700
2017$4,358$112,100

History based on county public records data.

Payment Calculator

$2,463

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,506

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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-836736
6
/10

  • Congress Elementary School

  • 940 Baldwin St SE

  • 0.44 miles

  • Public District Grades PK-5

school-card-donut-836737
8
/10

  • Grand Rapids Child Discovery Center

  • 409 Lafayette Ave SE

  • 0.50 miles

  • Public Charter Grades KG-5

school-card-donut-836738
3
/10

  • William C Abney Academy Elementary School

  • 1435 Fulton St E

  • 1.00 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 $25,618. Residents of Grand Rapids, MI typically earn less than $35k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 227 James Ave SE

What is the listing price of this property?

The listing price of 227 James Ave SE property is $480,000.

What type of property is this?

The property 227 James Ave SE is a house located in Grand Rapids, Michigan, 49503.

Is this property for sale now?

Active Listing: 227 James 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 $4,813 (source: MLS/based on county public records data).

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

The last sale was on February 11, 2021 for $243,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 227 James Ave SE has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 227 James Ave SE is 2,589 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 227 James Ave SE is 1890.

Rocket Homes›Michigan›Kent County›Grand Rapids›49503›227 James Ave SE

This home is located at 227 James Ave SE in Grand Rapids, MI and zip code 49503 in the East Hills neighborhood. This 2,589 square foot home, which was built in 1890, sits on a 0.14 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 16, 2024 and is currently priced at $480,000.

Grand Rapids, MI housing market in October 2024 saw over 114 listings sold above listed price, more than 62 sold at listed price and over 124 sold below. The inventory of homes for sale in Grand Rapids, MI between September 2024 and October 2024 increased by 8.6%. In October 2024 median list price was $309,869 and the average listing age was 20 days.

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

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