505 Fountain Street NE, Grand Rapids, MI 49503 (MLS# 13009623)

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$255,000
505 Fountain Street NE
Grand Rapids, MI 49503
MLS# 13009623
Status: Sold



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Property Description
Now available is this prime Heritage Hill 3-family. Currently owner occupied. 4 finished living levels. Building has undergone extensive renovations. Every kitchen, bath, wall and floor has been remodeled. New high efficiency furnace and HW heater, new storm windows, insulation, new water service, extensive electrical and plumbing. Loads of historical charm and original woodwork. Blocks from hospitals/colleges and Montessori school. Located in very desirable N block of Heritage Hill neighboring some of HH's oldest and grand homes. Owner is a licensed Realtor in the state of Michigan.

Details
Location & Property Info
Cross Streets: College
Property Sub-Type: 2 to 4 Units
Area: Grand Rapids - G
Municipality: City of Grand Rapids
Office/Contract Info
List Price/SqFt: 80.61
General Property Info
New Construction: No
Lot Dimensions: 74x87
Road Frontage: 74
Cert of Compliance: Yes
Listing Number Display: 13009623
Waterfront: No
Basement: Yes
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 3100
Total Parking Spaces: 4
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 6438
Lot Acres: 0.15
Year Built: 1910
Tax Info
Taxable Value: 99800
SEV: 99800
For Tax Year: 2012
Seller's Annual Property Tax: 4036
Tax Year: 2012
Homestead %: 50
Spec Assessment & Ty: none
Tax ID #: 41-14-30-252-014
Remarks & Misc
Legal: S 87 FT OF LOT 11 & S 87 FT OF W 12 FT OF LOT 12* WOOD S SUBDIVISION* OF A PART OF COIT & CURTIS PAR
Status Change Info
Sold Price/SqFt: 82.26
Under Contract Date: 2013-03-01
Sold Date: 2013-03-29
Sold Price: $255,000
Lot Description
Corner Lot: 1
Income and Expenses
Annual Insurance: 1250
Annual Utilities: 4500
Gross Op. Inc.: 32100
Net Operating Income: 21400
Operating Expense: 10700
Street Type
Paved: 1
Public: 1
Util Avail at Street
None: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
Exterior Material
Brick: 1
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Window Unit(s): 1
Tenant Pays
None: 1
Driveway
Paved: 1
Substructure
Daylight: 1
Owner Pays
Electricity: 1
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit Description: owner unit 2 bed 2 b
SqFt: 1968
Monthly Rent: 1300
Bedrooms: 2
Bathrooms: 2
Deck/Patio: 1
Dishwasher: 1
Fireplace: 1
Garb Disp: 1
Range Oven: 1
Refrigerator: 1
W/D Hookup: 1
Unit 2
Unit Description: 1 or 2 bed/1 bath
SqFt: 850
Monthly Rent: 650
Bedrooms: 1
Bathrooms: 1
Range/Oven: 1
Refrigerator: 1
Unit 3
Unit Description: 1 bed/1 bath
SqFt: 600
Monthly Rent: 625
Bedrooms: 1
Bathrooms: 1
Range/Oven: 1
Refrigerator: 1
Location Property Info
County: Kent
Street #: 505
Street Name: Fountain
Suffix: Street
Post Direction: NE
State: MI
Zip Code: 49503
OfficeContract Info
Status: Sold
Current Price: $255,000
List Price: $249,900
Listing Date: 2013-02-22
Remarks Misc
Directions: 196 to college exit. South 3 blocks to Fountain
Property Features
Exterior Material: Brick; Wood Siding
Roofing: Composition
Substructure: Daylight
Lot Description: Corner Lot
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: None
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Window Unit(s)
Driveway: Paved
Street Type: Paved; Public
Terms Available: Cash; Conventional; FHA
Sale Conditions: None
Unit 1: Deck/Patio; Dishwasher; Fireplace; Garb Disp; Range Oven; Refrigerator; W/D Hookup
Unit 2: Range/Oven; Refrigerator
Unit 3: Range/Oven; Refrigerator

IDX
Listing Office: Parkside Homes LLC
Listing Agent: Todd A Rookus
Source MLS Verified

Last Updated: November - 24 - 2022

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.