new - 1 day on rocket

648 Lafayette Ave NE, Grand Rapids, MI, 49503

$324,900

Home List Price

$3,858*

Closing Credit

0 Baths
Multi

Location

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648 Lafayette Ave NE, Grand Rapids$324,900

Buyer Closing Credits

$3,858*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1920
HeatingNatural Gas, Forced Air
BasementYes
MLS #65024056910
Lot Size0.07 Acres
StatusActive

About 648 Lafayette Ave NE

Welcome to 648 Lafayette. Your chance to start building your rental portfolio. This property offers a 3 bed 1.5 bath with a full studio in the basement. The studio apartment in the basement is new and the upstairs unit is in good shape. All of this walking distance to Medical Mile, GVSU medical Campus, Downtown, and everything Grand Rapids has to offer. Schedule your showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1920

Listing Office:

  • Office Name: Edison Brokers & Co LLC
  • Office Phone: (616) 439-1190
  • Listing Agent: Mitchell D Luban

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • City Middle/High School, Public Magnet Grades 7-12
  • Grand Rapids University Preparatory Academy, Public Magnet Grades 6-12
  • Riverside Middle School, Public District Grades 6-8
  • Coit Arts Academy, Public District Grades KG-5

Other

Directions Information:

  • Directions: South off of Leonard on Lafayette to house which is on the East side of the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $324,900

Tax Information:

  • Annual Amount: $2,051
  • 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

$306.4K

Med. Price/SqFt

$231

Avg. Days On Market

18

# of Sold Homes

290

648 Lafayette Ave NE vs Grand Rapids

1 DAY ON ROCKET

-17 Days

$324,900

+$18.4K More

KEY TAKEAWAY

This property is $18.4K 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: #65024056910

Listing Office:

  • Office Name: Edison Brokers & Co LLC
  • Office Phone: (616) 439-1190
  • Listing Agent: Mitchell D Luban

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: 10/31/2024, 9:20:52 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

Jun 04, 2012Home Sold
$15,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,051$68,700
2020$2,051$66,900
2019$1,939$62,200
2018$1,950$49,300
2017$1,857$48,200

History based on county public records data.

Payment Calculator

$1,689

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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.

Elementary School

school-card-donut-856162
3
/10

  • Coit Arts Academy

  • 617 Coit Ave NE

  • 0.19 miles

  • Public District Grades KG-5

Middle School

school-card-donut-856163
4
/10

  • Riverside Middle School

  • 265 Eleanor St NE

  • 2.15 miles

  • Public District Grades 6-8

High School

school-card-donut-856164
9
/10

  • City Middle/High School

  • 1720 Plainfield Ave NE

  • 1.24 miles

  • Public Magnet Grades 7-12

school-card-donut-856165
6
/10

  • Grand Rapids University Preparatory Academy

  • 512 Division Ave S

  • 1.51 miles

  • Public Magnet Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,809. The majority of Grand Rapids, MI residents have income 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

Rocket Homes›Michigan›Kent County›Grand Rapids›49503›648 Lafayette Ave NE

This home is located at 648 Lafayette Ave NE in Grand Rapids, MI and zip code 49503 in the Belknap Lookout neighborhood. This home, which was built in 1920, sits on a 0.07 acre lot. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $324,900.

While more than 121 listings in Grand Rapids, MI in September 2024 were sold above asking price, there were more than 48 listings sold at asking price, and more than 121 were sold below. The inventory of homes for sale in Grand Rapids, MI between August 2024 and September 2024 decreased by 3%. While the average time on the market in September 2024 was 18 days, the median list price was $306,457.

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

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