Large Location Icon

505 Gilbert St; Grand Rapids, MI Property Details

505 Gilbert St, Grand Rapids, MI is a Single Family that was built in 1916. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 505 Gilbert St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,528 square feet. The lot size of 505 Gilbert St is 5,706 square feet.

Off market
505 Gilbert St SE Grand Rapids, MI 49507
$19,000 Listing Price
3 Beds
1.5 Baths
1,528 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1916
  • Purchase Price: $19,000
  • Est. Equity / %: $231,000 / 100%
  • Gross Yield: 10.265%
  • APN: 41-18-06-202-031
  • Situs County: Kent
  • Length Of Ownership: 19 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Roof Type: Hip

Measurements

  • Total: 1,528/SqFt
  • Lot: 5,706/SqFt
  • Garage: 360/SqFt
  • Living: 1,528/SqFt
  • Basement: 728/SqFt
  • Building: 1,528/SqFt
  • Ground: 800/SqFt
  • Garage Unfinished: 360/SqFt
  • Basement Unfinished: 728/SqFt
  • Price Per Square Foot: $12.43

Legal Description

  • Description: W 45 FT OF LOT 40* ROBINSON'S FAIR GROUND ADDITION
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Grand Rapids Public Schools
  • Lat / Lon: 42.939465 / -85.65614
  • Subdivision: Robinsons Fair Ground Add
  • Property Class: Residential
  • Zoning: TN-LDR
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1843
  • Bathroom Fixtures: 2
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

505 Gilbert St SE has no associated ownership info
505 Gilbert St SE has no associated ownership info.

Taxes

505 Gilbert St SE has 8 associated Taxes items

505 Gilbert St, Grand Rapids, MI pays taxes in Kent County, MI. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $110,400. The APN we've located for 505 Gilbert St is 41-18-06-202-031.

Unlock the full report
Taxes
  • Assessed Value:  $110,400
  • Assessed Year:  2026
  • Assessed County:  Kent
  • APN:  41-18-06-202-031
  • Tax Amount:  1561.93
  • Tax Year:  2025
  • Market Value:  220800
  • Market Year:  2026

Tax History

505 Gilbert St SE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $110,400 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,561.93 Change Rate +0.066892% Assessed CR Tax Rate
Year 2024 Assessed Value $89,800 Land Value Improvement Value Tax Amount $1,464 Change Rate -0.098106% Assessed CR Tax Rate +0.016303%
Year 2023 Assessed Value $76,600 Land Value Improvement Value Tax Amount $1,623.25 Change Rate +0.22311% Assessed CR Tax Rate +0.021191%
Year 2022 Assessed Value $64,000 Land Value Improvement Value Tax Amount $1,327.15 Change Rate -0.011522% Assessed CR Tax Rate +0.020737%
Year 2021 Assessed Value $51,900 Land Value Improvement Value Tax Amount $1,342.62 Change Rate +0.033102% Assessed CR Tax Rate +0.025869%
Year 2020 Assessed Value $45,700 Land Value Improvement Value Tax Amount $1,299.6 Change Rate -0.220171% Assessed CR Tax Rate +0.028438%
Year 2019 Assessed Value $36,100 Land Value Improvement Value Tax Amount $1,666.52 Change Rate +0.307085% Assessed CR Tax Rate +0.046164%
Year 2018 Assessed Value $29,600 Land Value Improvement Value Tax Amount $1,274.99 Change Rate Assessed CR Tax Rate +0.043074%
Year 2017 Assessed Value $24,700 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $23,700 Land Value Improvement Value Tax Amount $1,264.61 Change Rate -0.081486% Assessed CR Tax Rate +0.053359%
Year 2015 Assessed Value $23,700 Land Value Improvement Value Tax Amount $1,376.8 Change Rate Assessed CR Tax Rate +0.058093%
Year 2013 Assessed Value $26,300 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate