705 Lafayette Ave NE, Grand Rapids, MI, 49503
About This Home
Located in the highly sought-after Belknap Lookout neighborhood, this beautifully updated 2-bedroom, 1-bath home offers the perfect blend of charm, character, and modern convenience. Featuring refinished hardwood floors, a completely renovated kitchen with brand-new appliances, and a full basement offering excellent storage and future possibilities, this home is truly move-in ready. The basement provides great potential for a game room, recreation space, home gym, office, or additional bonus living area. Enjoy a welcoming outdoor space ideal for relaxing or entertaining. Conveniently situated just minutes from the Medical Mile, Michigan Street corridor, downtown Grand Rapids, restaurants, shopping, and entertainment. An excellent opportunity for first-time buyers, healthcare professionals, investors, or anyone seeking low-maintenance living in a prime NE Grand Rapids location.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1925
Materials
- Roof: Asphalt,Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range,Refrigerator
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Full,Michigan Basement
Bedroom2
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Level: Main
Features
- Ceiling Fan(s)
- Window features: Storms
- Flooring: Wood
- Finished area below ground: 0
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 1,057
- Total interior livable area: 1,057 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Upper
Property
Details
- Parcel number: 411419327038
- Zoning description: Res
Features
- Stories: 2
- Fencing: Front Yard,Wrought Iron
Lot
- Lot size: 3,484 sqft
- Features: Level,Sidewalk
- Lot size dimensions: 44 x 75
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
- Inland Flooding
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Kent County and Michigan
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,162 | $13,944 |
| Home Insurance * | $99 | $1,188 |
| Property Taxes | $196 | $2,352 |
| Electricity | $188 | $2,259 |
| Total | $1,645 | $19,740 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-18 | Pending sale | $229,900 |
| 2026-07-15 | Price change | $229,900 |
| 2026-07-06 | Listed for sale | $239,900 |
| 2026-07-05 | Listing removed | $247,400 |
| 2026-06-26 | Price change | $247,400 |
| 2026-05-12 | Listed for sale | $249,900 |
| 2025-11-18 | Listing removed | $249,900 |
| 2025-10-14 | Listed for sale | $249,900 |
| 2022-03-14 | Listing removed | -- |
| 2022-03-10 | Listed for sale | $240,000 |
| 2021-06-04 | Listing removed | -- |
| 2021-04-15 | Price change | $179,900 |
| 2021-03-24 | Pending sale | $174,900 |
| 2021-02-18 | Listed for sale | $174,900 |
| 2021-01-07 | Listing removed | $174,900 |
| 2020-08-25 | Price change | $174,900 |
| 2020-07-06 | Listed for sale | $189,900 |
| 2013-08-30 | Sold | $65,000 |
View on Zillow