Pending
501 Emerald Avenue NE, Grand Rapids, MI 49503
$350,000
MLS # 26029024 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,753 sqftBuilt 19210.12 acres
1 / 53
Listing Description
Located in Grand Rapids' sought-after Midtown neighborhood, this 3-bedroom, 1.5-bath home pairs whimsy and character with thoughtful updates. Find rich wood flooring and lovely open common areas on the main floor that are perfect for both everyday living/entertaining. Outside, a new and expansive composite deck extends the living space into a backyard designed for summer dinners, morning coffee, and evenings with friends. Large walk-in closets headline both bedrooms on the second floor. Other recent improvements include custom closet systems, cordless blinds in the kitchen/bathroom and numerous mechanical and plumbing updates. Just minutes from downtown Grand Rapids, Riverside Park, medical mile amenities, local restaurants, and neighborhood favorites, this location offers easy access to everything that makes Midtown one of the city's most desirable places to call home! Open House SUN 6/14/26 12:00 pm - 1:30 pm.
Source: SparkMLS
About this home
Located in Grand Rapids in Grand Rapids, this property offers 3-bedroom, 2-bath, 1,753 sq ft, with original construction dating to 1921.
Asking $350,000 (about $200/sq ft).
Annual property taxes run approximately $2,989 ($249/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,753 sqft
Lot Size0.12 acres
Year Built1921
Stories2
Location
CityGrand Rapids
MunicipalityCity of Grand Rapids
Zip Code49503
CountyKent
School DistrictGrand Rapids
Construction & Systems
StyleTraditional
ConstructionBrick, Vinyl Siding
BasementFull
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected, Cable Connected
InteriorCeiling Fan(s)
Sale & Financing
Listed6/11/2026
Terms AcceptedCash, FHA, VA Loan, MSHDA, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,989
Tax Year2026
State Equalized Value$110,200
Taxable Value$91,754
Assessed Value$91,754
Parcel #411420351016
Source: Public Records
Legal Description
N 7 FT OF LOT 20 & S 32 FT OF LOT 21* C WARD S SUBDIVISION
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Brooke Finlan
Five Star Real Estate (M6)
Frequently Asked Questions about 501 Emerald Avenue NE, Grand Rapids, MI 49503
Which school district serves 501 Emerald Avenue NE, Grand Rapids, MI 49503?
Per MLS# 26029024, 501 Emerald Avenue NE, Grand Rapids, MI 49503 is in the Grand Rapids boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Grand Rapids directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26029024, this listing accepts Cash, FHA, VA Loan, MSHDA, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 501 Emerald Avenue NE, Grand Rapids, MI 49503?
Per public tax records, annual property taxes for this property are $2,989 (2026). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 501 Emerald Avenue NE, Grand Rapids, MI 49503 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 501 Emerald Avenue NE, Grand Rapids, MI 49503 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 501 Emerald Avenue NE, Grand Rapids, MI 49503?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the City of Grand Rapids police department or the Kent County sheriff's office.
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Mortgage Calculator
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Monthly payment$2,270
Principal & interest$2,270
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
501 Emerald Avenue NE, Grand Rapids, MI 49503
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Municipality
Grand Rapids
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