523 La Grave Ave SE, Grand Rapids, MI 49503
FOR SALE0.33 ACRES

523 La Grave Ave SE
Grand Rapids, MI 49503

South East Community
  • Studio
  • Studio

$690,000

Est. Mortgage $4,351/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

DEVELOPMENT OPPORTUNITY. Walking distance to Trinity Health. Located in an active redevelopment area with many new homes and condos. Large 3 story structure at 523 La Grave SE, possible 2-3 units with City approval required. Two adjoining vacant lots. Renovate and build, or demo and build all new like the condos at 514-518 Sheldon SE.

Home Highlights

Parking
4 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
163 days ago

Home Details for 523 La Grave Ave SE

Interior Features

Interior Details
Basement: Full
Appliances & Utilities
Utilities: Water Available, Sewer Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Heating & Cooling
Heating: Forced Air,Natural GasHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1
Gas & Electric
Has Electric on Property

Exterior Features

Exterior Home Features
Roof: Composition
Parking & Garage
No Attached GarageParking Spaces: 4Parking: Concrete,Driveway
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer, Storm Sewer Available

Days on Market

Days on Market: 163

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: 2 to 4 Units
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Parcel Number: 41143110501019

Price & Status

Price
List Price: $690,000

Active Status

MLS Status: Active

Location

Direction & Address
City: Grand Rapids
School Information
High School District: Grand Rapids

Agent Information

Listing Agent
Listing ID: 23142342

Lot Information

Lot Area: 0.33 acres

Offer

Listing Terms: Cash, Conventional

Compensation

Sub Agency Commission: 3.00Sub Agency Commission Type: %Transaction Broker Commission: 0.00Transaction Broker Commission Type: $
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Gas

Rental

Owner Pays: Water, Sewer

Miscellaneous

Mls Number: 23142342Sub Agency Relationship Offered
Last check for updates: about 22 hours ago
Listing courtesy of Bernard C Schaefer, (616) 430-1147
Schaefer Real Estate, (616) 272-4414
Source: MichRIC, MLS#23142342

Price History for 523 La Grave Ave SE

DatePriceEventSource
11/17/2023$690,000Listed For SaleMichRIC #23142342

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Property Taxes and Assessment

Year2021
Tax$1,005
Assessment$174,000
Home facts updated by county records

Comparable Sales for 523 La Grave Ave SE

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.03
Multi-Family Home
$299,900
11/07/23
-
-
0.36
Multi-Family Home
$370,000
12/08/23
-
-
0.37
Multi-Family Home
$358,000
08/15/23
-
-
0.62
Multi-Family Home
$480,000
01/31/24
-
-
0.40
Multi-Family Home
$465,000
03/29/24
-
-
0.52
Multi-Family Home
$470,000
08/31/23
-
-
0.77
Multi-Family Home
$225,000
09/01/23
-
-
0.59
Multi-Family Home
$370,000
08/01/23
-
-
0.63
Multi-Family Home
$610,000
05/19/23
-
-
0.50
Multi-Family Home
$363,000
10/31/23
-
-

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South East Community

  • Shalise S. .
    "The block party during the summer holidays and how they take initiative to protect any children As well as the neighborhood as a whole and I communicate in a more detailed it during these holidays summer events"
    5
    Flag
  • Shalise S. .
    "I’m blessed to have transportation although the gun play still has me nervous to drive around here let alone walk or ride my bike with my kids "
    2
    Flag
  • Iwowi
    "The area is fantastic. It is close to downtown, is surroundd by beautiful homes, and the small businesses are thriving. Great place for anyone!"
    9
    Flag

LGBTQ Local Legal Protections

Bernard C Schaefer, Schaefer Real Estate
Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
523 La Grave Ave SE, Grand Rapids, MI 49503 is a studio multi-family built in 1900. 523 La Grave Ave SE is located in South East Community, Grand Rapids. This property is currently available for sale and was listed by MichRIC on Nov 16, 2023. The MLS # for this home is MLS# 23142342.