3 months on rocket

550 Laurel Ave SE, Grand Rapids, MI, 49506

$475,000

Home List Price

$5,641*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,800 SqFt
$264/SqFt
House

Location

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550 Laurel Ave SE, Grand Rapids$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Faces Front, Garage Door Opener
Garage1 space
Year Built1933
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #24037067
Lot Size0.09 Acres
StatusActive

About 550 Laurel Ave SE

Welcome to 550 Laurel Street, a delightful bungalow-style home that perfectly blends classic charm with modern updates. Nestled near the vibrant Gaslight Village and just a 10-minute walk to the quaint shores of Reeds Lake, you'll enjoy all the conveniences of East Grand Rapids, including shops, restaurants and a 1-minute walk to Blodgett Hospital. From the sidewalk, this charming home invites you to relax on the front porch with its inviting porch swing. Inside, the home offers 3 spacious bedrooms and 2.5 modern baths, providing ample room for everyday life. The interior is updated throughout, featuring newer hardwood floors and tall ceilings that create an open and airy feel. The updated kitchen boasts plenty of space for daily meal preparation, hosting larger gatherings, and the adjacent dining room allows you to cook while staying connected with guests. The finished lower level includes a full bath, offering additional living space that can be used as a recreation room, home office, or flex space. Towards the backyard, the three-seasons back porch provides a tranquil view of the fenced-in private backyard, complete with a deck for outdoor entertaining. This home offers a unique combination of convenience, charm, and modern updates. Don't miss the opportunity to make 550 Laurel Street your home.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1933
  • Stories: 2
  • Living Area: 1,800 SqFt

Listing Office:

  • Office Name: Greenridge Realty (Summit)
  • Office Phone: (616) 365-8900
  • Listing Agent: Melvin R Blohm

Interior Features

Interior Information:

  • Appliances: Washer, Refrigerator, Oven, Freezer, Dryer, Dishwasher, Gas Oven
  • Basement: Yes
  • Interior: Eat-in Kitchen

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Garage Faces Front, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-96 head South M-44 W/E Beltline Ave NE turn right onto Fulton Street East, then Left onto Robinson Road SE and turn left onto Plymouth Ave SE, Turn left at the 1st cross street onto Wealthy Street SE and right onto Laurel Ave SE

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $264/SqFt
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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

550 Laurel Ave SE vs Grand Rapids

114 DAYS ON ROCKET

+94 Days

$475,000

+$165.1K More

$264/SqFt

+$31 More

KEY TAKEAWAY

This property is $165.1K more than the Median Sold Price and $31/SqFt more than other homes in Grand Rapids, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24037067

Listing Office:

  • Office Name: Greenridge Realty (Summit)
  • Office Phone: (616) 365-8900
  • Listing Agent: Melvin R Blohm

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
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, 4:20:53 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

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-832430
8
/10

  • Wealthy School

  • 1961 Lake Dr SE

  • 0.09 miles

  • Public District Grades PK-5

school-card-donut-832431
1
/10

  • Campus Elementary School

  • 710 Benjamin Ave SE

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-832432
9
/10

  • Lakeside School

  • 2325 Hall St SE

  • 0.86 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 $96,991. The most common annual income of people living in Grand Rapids, MI is between $35k-100k. Most families are married, with kids. Typical level of education for residents in this area is post secondary degree.

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.

Types of housing 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.

What is it like to live in Grand Rapids, MI?

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.

Is it easy to get around Grand Rapids, MI without a car?

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.

Transportation in Grand Rapids, MI.

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.

Frequently Asked Questions About 550 Laurel Ave SE

What is the listing price of this property?

The listing price of 550 Laurel Ave SE property is $475,000.

What type of property is this?

The property 550 Laurel Ave SE is a house located in Grand Rapids, Michigan, 49506.

Is this property for sale now?

Active Listing: 550 Laurel Ave SE is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 550 Laurel Ave SE has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 550 Laurel Ave SE is 1,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 550 Laurel Ave SE is 1933.

Rocket Homes›Michigan›Kent County›Grand Rapids›49506›550 Laurel Ave SE

This home is located at 550 Laurel Ave SE in Grand Rapids, MI and zip code 49506. This 1,800 square foot home, which was built in 1933, sits on a 0.09 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 19, 2024 and is currently priced at $475,000.

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 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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