Pending
515 Woodlawn Street SE, Grand Rapids, MI 49507
$220,000
MLS # 26026327 (Michigan Regional Information Center (MichRIC))
3 beds1 bath1,256 sqftBuilt 19080.11 acres
1 / 44
Listing Description
This move-in ready 3 bed, 1 bath home is waiting for its next owner. Featuring newer carpet, updated light fixtures, and other recent improvements. This solid 1908-built home offers charm with modern convenience. The main floor boasts a spacious living room, family room, formal dining room, kitchen, full bathroom, and a laundry room on the main floor off the kitchen. Upstairs you'll find all three bedrooms, plus a full basement for ample storage. Located within the desirable Madison Area neighborhood with sidewalks, this home provides easy access to local parks, amenities, dining, and downtown Grand Rapids. A straightforward, well-maintained property perfect for immediate occupancy--whether you're a first-time buyer or looking for a great investment.
Source: SparkMLS
About this home
This 3-bedroom, 1-bath, 1,256 sq ft home built in 1908 sits in Grand Rapids in Grand Rapids.
Asking $220,000 (about $175/sq ft).
Estimated annual property tax: $1,316, or about $110 monthly. 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
Bathrooms1
Living Area1,256 sqft
Lot Size0.11 acres
Year Built1908
Stories2
Location
CityGrand Rapids
MunicipalityCity of Grand Rapids
Zip Code49507
CountyKent
School DistrictGrand Rapids
Construction & Systems
StyleTraditional
ConstructionVinyl Siding
BasementFull
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected, Storm Sewer
Sale & Financing
Listed6/1/2026
Terms AcceptedCash, FHA, VA Loan, MSHDA, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,316
Tax Year2025
State Equalized Value$73,500
Taxable Value$27,937
Assessed Value$27,203
Parcel #411431454019
Source: Public Records
Legal Description
LOT 46* WESTON & LOW S ADDITION
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Macall Smith
HomeRealty Holland
Frequently Asked Questions about 515 Woodlawn Street SE, Grand Rapids, MI 49507
Which school district serves 515 Woodlawn Street SE, Grand Rapids, MI 49507?
Per MLS# 26026327, 515 Woodlawn Street SE, Grand Rapids, MI 49507 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.
What financing options are available for 515 Woodlawn Street SE, Grand Rapids, MI 49507?
Per MLS# 26026327, 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 515 Woodlawn Street SE, Grand Rapids, MI 49507?
Per public tax records, annual property taxes for this property are $1,316 (2025). 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, 515 Woodlawn Street SE, Grand Rapids, MI 49507 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 515 Woodlawn Street SE, Grand Rapids, MI 49507 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 515 Woodlawn Street SE, Grand Rapids, MI 49507?
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.
Map
Mortgage Calculator
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Monthly payment$1,427
Principal & interest$1,427
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
515 Woodlawn Street SE, Grand Rapids, MI 49507
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Municipality
Grand Rapids
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