2 months on rocket

713 Lake Dr SE, Grand Rapids, MI, 49503

$425,000

Home List Price

$5,047*

Closing Credit

0 Baths
Multi

Location

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713 Lake Dr SE, Grand Rapids$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1900
HeatingNatural Gas, Forced Air
BasementYes
MLS #65024043569
Lot Size0.10 Acres
StatusActive

About 713 Lake Dr SE

This 2 unit is in prime location close to East Town, Downtown, all the schools, and hospitals. Could be a great opportunity for investment or an owner occupant. The main unit has 2 bed 2 bath. it has a large living room/dining room. The upper unit is 1 bed 1 full bath. Both have separate access to the basement which has shared laundry. All unitalities are split. City certified till October 2027, schedule your private showing today.

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: Greenridge Realty (EGR)
  • Office Phone: (616) 458-3655
  • Listing Agent: Scott D Perschbacher

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Lake Dr Between Eastern & Fulton/Union

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000

Tax Information:

  • Annual Amount: $4,656
  • 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

713 Lake Dr SE vs Grand Rapids

88 DAYS ON ROCKET

+68 Days

$425,000

+$115.1K More

KEY TAKEAWAY

This property is $115.1K 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: #65024043569

Listing Office:

  • Office Name: Greenridge Realty (EGR)
  • Office Phone: (616) 458-3655
  • Listing Agent: Scott D Perschbacher

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: 11/17/2024, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 28, 2017Home Sold
$198,500
Mar 28, 2014Home Sold
$126,000
Apr 19, 2010Home Sold
$63,000
Oct 09, 1998Home Sold
$96,500

Tax History

YEARPROP. TAXASSESSMENT
2021$4,656$109,400
2020$4,655$106,800
2019$2,888$94,400
2018$2,903$85,200
2017$2,048$72,200

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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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-482935
6
/10

  • Congress Elementary School

  • 940 Baldwin St SE

  • 0.27 miles

  • Public District Grades PK-5

school-card-donut-482936
8
/10

  • Grand Rapids Child Discovery Center

  • 409 Lafayette Ave SE

  • 0.73 miles

  • Public Charter Grades KG-5

school-card-donut-482937
3
/10

  • William C Abney Academy Elementary School

  • 1435 Fulton St E

  • 0.81 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. Most Grand Rapids, MI residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Kent County›Grand Rapids›49503›713 Lake Dr SE

This home is located at 713 Lake Dr SE in Grand Rapids, MI and zip code 49503 in the East Hills neighborhood. This home, which was built in 1900, sits on a 0.10 acre lot. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $425,000.

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. The inventory of homes for sale in Grand Rapids, MI between September 2024 and October 2024 increased by 8.6%. The median list price of listings available in October 2024 was $309,869, while the average time on the real estate market was 20 days.

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

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