505 Cherry St SE APT 308, Grand Rapids, MI 49503

1 bed1 bath475 sqft Edit

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Sold: $82,000
Sold on 03/20/14
Zestimate®: $90,493
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My Notes

Fantastic investment opportunity in this trendy downtown Grand Rapids condo nestled on the 3rd floor with outstanding interior finishes. Perfect as an income rental property or a great home for a busy downtown life. Custom designed kitchen with granite counter tops, cherry cabinets and stainless steel appliances. Just a stroll from downtown, Eastown, restaurants, medical systems, Cooley Law School, Kendal College and the art district. Building amenities include wi-fi, fitness center, laundry facilities and roof top deck with amazing views!! Perfect as an investment property. Don't miss out on this home! Please call to see the property. Brokered And Advertised By: NAI Wisinski of West Michigan Listing Agent: James E Decker


  • Condo
  • Built in 1949
  • Views: 1,423 all time views
  • Heating: Forced air
  • Laundry: In Unit
  • Last sold: Mar 2014 for $82,000
  • Last sale price/sqft: $173


  • Deck
  • Wired

    Appliances Included

    • Dishwasher
    • Microwave
    • Range / Oven
    • Refrigerator
    • Washer


    • Exterior material: Brick
    • Room count: 2


    • Floor size: 475 sqft
    • Parcel #: 411430408049
    • Zillow Home ID: 82233323

    Zestimate Details

    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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    +$3,266 Last 30 days
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    +$82 Last 30 days
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    Popularity on Zillow

    If this home is listed on Zillow, it will reach the largest real estate network on the web.*
    1,423 all-time views
    of this home (chart)
    503 forecasted views of this home
    in the first 7 days after listing for sale
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    Comparable Homes

    Homes like this sold for $77-133K.




    Market guide

    Zillow predicts Heritage Hill home values will fall 0.8% next year, compared to a 0.4% increase for Grand Rapids as a whole. Among Heritage Hill homes, this home is valued 53.4% less than the midpoint (median) home, but is valued 83% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Heritage Hill, the number of foreclosures waiting to be sold is 64.9% less than in Grand Rapids, and 8.6% higher than the national average. This lower local number could help Heritage Hill home values rise more quickly than other regions in Grand Rapids.

    Learn more about forecast calculations or Heritage Hill home values.
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      For Sale

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      Other Units in this Building (95)ZestimateBedsBathsSqft
      Apt 617$134K21812
      Apt 406$147K121,062
      Apt 312$133K21922
      Apt 306$111K11670
      Apt 402$114K21760
      Apt 217$135K21812
      Apt 206$111K11670
      Apt 315$139K21991
      Apt 604$134K21945
      Apt 107$115K11769
      Apt 512$137K21922
      Apt 303$111K11752
      Apt 416$100K11629
      Apt 215$141K21991
      Apt 301$112K11720
      Apt 311$81K11473
      Apt 513$111K11670
      Apt 205$74K11369
      Apt 103$115K11752
      Apt 109$129K21966

      Nearby Schools in Grand Rapids

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org