2 months on rocket

718 Butterworth St SW, Grand Rapids, MI, 49504

$274,900

Home List Price

$3,264*

Closing Credit

0 Baths
Multi

Location

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718 Butterworth St SW, Grand Rapids$274,900

Buyer Closing Credits

$3,264*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1926
HeatingNatural Gas, Forced Air
BasementYes
MLS #65024045411
Lot Size0.10 Acres
StatusActive

About 718 Butterworth St SW

Welcome to 718 Butterworth SW, a meticulously maintained duplex situated just outside downtown Grand Rapids and conveniently close to the GVSU campus. Recent updates in 2016 include furnace, water heater, kitchen appliances, electric upgrades, and the portion of the roof in the rear of the home. All new windows in 2010. This property features two spacious units, each with 2 bedrooms and 1 bathroom. Both units offer strong rental potential with Unit 1 currently renting for $1,100 per month and Unit 2 for $1,300 per month. With a solid rental history and a prime location, this property is an excellent investment opportunity. Close to GVSU Downtown Campus. Available for owner occupant.

Property Details

Property Features

Property Information:

  • Year Built: 1926

Listing Office:

  • Office Name: Keystone Home Group Realty LLC
  • Office Phone: (616) 201-1787
  • Listing Agent: Jordan P Painter

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Laundry Facility

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • Grand Rapids University Preparatory Academy, Public Magnet Grades 6-12
  • City Middle/High School, Public Magnet Grades 7-12
  • Westwood Middle School, Public District Grades 6-8
  • Shawmut Hills School, Public District Grades KG-6

Other

Directions Information:

  • Directions: At Exit 76, head right on the ramp for 2nd St NW toward Lane Ave, Turn left onto Lane Ave NW, Turn left onto Fulton St W, Turn right onto National Ave SW, Turn left onto Butterworth St SW, Arrive at Butterworth St SW on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $274,900

Tax Information:

  • Annual Amount: $1,997
  • 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

718 Butterworth St SW vs Grand Rapids

63 DAYS ON ROCKET

+45 Days

$274,900

-$31.5K Less

KEY TAKEAWAY

This property is $31.5K less 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: #65024045411

Listing Office:

  • Office Name: Keystone Home Group Realty LLC
  • Office Phone: (616) 201-1787
  • Listing Agent: Jordan P Painter

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: 11/1/2024, 12:55:51 AM 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 11, 2001Home Sold
$42,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,997$66,700
2020$1,997$58,600
2019$1,888$46,100
2018$1,004$38,400
2017$2,072$35,800

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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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-933409
4
/10

  • Shawmut Hills School

  • 2550 Burritt St NW

  • 2.42 miles

  • Public District Grades KG-6

Middle School

school-card-donut-933410
4
/10

  • Westwood Middle School

  • 1525 Mount Mercy Dr NW

  • 1.49 miles

  • Public District Grades 6-8

High School

school-card-donut-933411
6
/10

  • Grand Rapids University Preparatory Academy

  • 512 Division Ave S

  • 1.02 miles

  • Public Magnet Grades 6-12

school-card-donut-933412
9
/10

  • City Middle/High School

  • 1720 Plainfield Ave NE

  • 2.66 miles

  • Public Magnet Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,707. Residents of Grand Rapids, MI typically earn less than $35k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Kent County›Grand Rapids›49504›718 Butterworth St SW

This home is located at 718 Butterworth St SW in Grand Rapids, MI and zip code 49504 in the South West Area Neighbors neighborhood. This home, which was built in 1926, sits on a 0.10 acre lot. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $274,900.

In September 2024, from all listings sold in Grand Rapids, MI there were more than 121 sold above asking price, over 121 sold below and more than 48 were sold right at the asked price. In September 2024 in Grand Rapids, MI there were 3% less homes for sale than in August 2024. The median list price of listings available in September 2024 was $306,457, while the average time on the real estate market was 18 days.

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

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