8 days on rocket

505 Cherry St SE Unit 517, Grand Rapids, MI, 49503

$239,900

Home List Price

$2,849*

Closing Credit

2 Bedrooms
1 Full Bath
824 SqFt
$291/SqFt
Condo

Location

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505 Cherry St SE Unit 517, Grand Rapids$239,900

Buyer Closing Credits

$2,849*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingPaved, Permit Required, Carport
Year Built1949
HeatingOther, Radiant
CoolingWindow Unit(s), Other
BasementYes
MLS #65024058205
Lot Size1.86 Acres
StatusActive

About 505 Cherry St SE Unit 517

Opportunity to own one of fewer than 10 units with in-unit laundry at The Hillmount in Heritage Hill. Imagine calling this striking 1949 Art Moderne building your home. 0.4 miles west of the Cherry Street shopping district & north of the Wealthy Street corridor with local shops, restaurants, & bars. 1.2 miles south of Corewell Hospital & university hubs along Michigan Ave. This 5th floor unit boasts north-facing windows. An open main entertaining area includes the kitchen with quartz counters, and center island with gas range. Ample storage throughout, and an assigned storage cage in the basement. Monthly HOA dues include fitness facility, on-site laundromat, rooftop deck with GR skyline views, heat, water, gas, fiber internet, sewer, trash, recycling, snow removal and landscaping ofa lovely flower garden in front. Uncovered parking in a private lot is included; carport parking assigned via wait list. Carpets were cleaned and walls freshly painted in Nov. 2024. 2 Pets (1 dog) allowed per unit.

Property Details

Property Features

Property Information:

  • Architectural Style: Common Entry Building, Other
  • Year Built: 1949
  • Stories: 4
  • Living Area: 824 SqFt

Listing Office:

  • Office Name: Five Star Real Estate (Eastown)
  • Office Phone: (616) 608-0600
  • Listing Agent: Kellie Kalish

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Paved, Permit Required, Carport

Virtual/3D Tour

  • 3D Tour: 505 Cherry St SE Unit 517
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Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 1.86 Acres

Utilities

Utilities Information:

  • Heating: Other, Radiant
  • Cooling: Window Unit(s), Other

Other

Directions Information:

  • Directions: On Cherry St, east of College and west of Union.

Price Information

Listing Price Info

Price Summary:

  • List Price: $239,900
  • Price Per SqFt: $291/SqFt

HOA Fees:

  • Amount: $450
  • Frequency: Monthly
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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

505 Cherry St SE Unit 517 vs Grand Rapids

8 DAYS ON ROCKET

-12 Days

$239,900

-$69.9K Less

$291/SqFt

+$58 More

KEY TAKEAWAY

This property is $69.9K less than the Median Sold Price and $58/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: #65024058205

Listing Office:

  • Office Name: Five Star Real Estate (Eastown)
  • Office Phone: (616) 608-0600
  • Listing Agent: Kellie Kalish

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, 8:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-396
8
/10

  • Grand Rapids Child Discovery Center

  • 409 Lafayette Ave SE

  • 0.43 miles

  • Public Charter Grades KG-5

school-card-donut-397
6
/10

  • Congress Elementary School

  • 940 Baldwin St SE

  • 0.54 miles

  • Public District Grades PK-5

school-card-donut-398
3
/10

  • William C Abney Academy Elementary School

  • 1435 Fulton St E

  • 1.11 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 $37,292. Typical income of Grand Rapids, MI residents is less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Cherry St SE Unit 517

What is the listing price of this property?

The listing price of 505 Cherry St SE Unit 517 property is $239,900.

What type of property is this?

The property 505 Cherry St SE Unit 517 is a condo located in Grand Rapids, Michigan, 49503.

Is this property for sale now?

Active Listing: 505 Cherry St SE Unit 517 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 505 Cherry St SE Unit 517 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 505 Cherry St SE Unit 517 is 824 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Cherry St SE Unit 517 is 1949.

Rocket Homes›Michigan›Kent County›Grand Rapids›49503›505 Cherry St SE Unit 517

This home is located at 505 Cherry St SE Unit 517 in Grand Rapids, MI and zip code 49503 in the Heritage Hill neighborhood. This 824 square foot home, which was built in 1949, sits on a 1.86 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $239,900.

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. Between September 2024 and October 2024, Grand Rapids, MI real estate market has seen increase in the number of listings by 8.6%. 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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