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253 Prospect Ave NE APT 309, Grand Rapids, MI, 49503

2beds
1baths
920sqft
$274,900
$299price/sqft
$1,936/moest. monthly cost
$77,440/yrincome needed

About This Home

Welcome to Prospect Lofts. Here is where you will find your personal sanctuary in the city. Located just blocks from downtown businesses, restaurants and events, yet worlds away in terms of ambiance and attitude. Located within the historic district of Heritage Hill, this gracious landmark building was dedicated in1933 as the Bethlehem Lutheran Church. it was converted to living units, with all modern conveniences, in 2013. Completely unique in the area; every effort was made to retain as much of the original architectural details as possible. Stained glass, ornate structural beams & soaring ceilings foster feeling of comfort, security and peace. Yes, architecture has that power. Note the loving care that has been given to this unit: fresh paint throughout, a fully remodeled bathroom, and new flooring in the guest room. The kitchen is equipped with new stainless-steel appliances. The in-unit washer and dryer makes daily living easy, as does the dedicated off street parking spot. The new heat pump and hot water heater ensure efficiency and peace of mind. There's really nothing to do but move in! Don't miss this unique unit, in a prime location, for under $300,000. Call today for you private showing.

Getting Around

85
WalkingVery Walkable
55
TransitGood Transit
59
BikeBikeable

Construction

Condition

  • Year built: 1933

Materials

  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Architectural style: Historic,Other
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Oven,Range,Refrigerator,Washer
  • Laundry features: In Unit

Basement

  • Basement: Slab

Bathroom1

  • Level: Main

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Dining Area

  • Level: Main

Features

  • Center Island
  • Window features: Window Treatments

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 920
  • Total interior livable area: 920 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Loft

  • Level: Upper

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 411430136009
  • Zoning description: LDR

Features

  • Stories: 2

Lot

  • Features: Sidewalk

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Heat Wave
Inland Flooding
Winter Weather

FEMA Declared Disasters in Kent County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,390$16,680
Home Insurance *$118$1,416
Property Taxes $240$2,880
Electricity $188$2,259
Total$1,936$23,232
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$66,377/yr
40% on housing$58,080/yr
45% on housing$51,626/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$299This listing

vs Other Active Listings

Avg $/sqft

ZIP 49503$202
Kent County$197

vs Homes Sold Last Month

Median $/sqft

ZIP 49503$212
Kent County$201

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-16Listed for sale$299,900
2025-10-27Listing removed$325,000
2025-10-08Listed for sale$325,000
2025-10-08Listing removed$325,000
2025-08-08Price change$325,000
2025-07-15Price change$330,000
2025-07-07Listed for sale$340,000
2021-07-23Sold$302,000
2021-05-19Pending sale$295,000
2021-04-14Listed for sale$295,000
2021-01-19Listing removed--
2021-01-12Price change$1,350
2020-12-22Price change$1,395
2020-12-01Price change$1,495
2020-11-03Listed for rent$1,595
2019-10-07Listing removed$1,595
2019-08-22Listed for rent$1,595

For Sale by Agent

AgentJamie P Starner
BrokerageStarner Realty

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