703 Madison Ave SE, Grand Rapids, MI, 49503
About This Home
This urban estate simultaneously presents an incredible experience and a rare opportunity. Stunning architecture and adaptable spaces deliver a high level of functionality for a wide variety of lifestyles and needs. From cozy evenings in the library or a conversation by the fire, the home intuitively transforms into an entertainer's dream. Everyday family living, large dinner parties, cocktail gatherings, and overnight guests are all graciously accommodated. Additional flexibility has been curated outdoors where connections to nature abound through multiple decks; porches and a private garden patio framed with perennials and hand selected fruit trees. Thoughtful and extensive restoration began in 2004 and has continued through current ownership including all plumbing, electrical, and mechanicals, adding modern comforts and convenience while retaining the original character and splendor of the Furniture City's golden age.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1903
Materials
- Roof: Asphalt,Metal,Rubber,Shingle
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Bar Fridge,Dishwasher,Disposal,Dryer,Range,Refrigerator,Washer
- Laundry features: Laundry Closet,Upper Level
Basement
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Features
- Ceiling Fan(s),Wet Bar,Center Island
- Window features: Storms,Screens,Replacement,Insulated Windows,Window Treatments
- Flooring: Carpet,Ceramic Tile,Wood
- Number of fireplaces: 2
- Fireplace features: Gas Log,Living Room,Master Bedroom,Wood Burning
- Fireplace: Yes
- Finished area below ground: 0
Heating & Cooling
- Heating features: Hot Water,Radiant
- Cooling features: Central Air
Interior Area
- Total structure area: 6,316
- Total interior livable area: 6,316 sqft
Property
Details
- Parcel number: 411431179027
- Zoning description: LDR
Features
- Stories: 3
- Exterior features: Balcony
- Fencing: Other
Lot
- Lot size: 0.41 Acres
- Features: Corner Lot,Sidewalk,Shrubs/Hedges
- Lot size dimensions: Irregular, please see survey
Parking
- Total spaces: 4
- Parking features: Garage Faces Rear,Garage Door Opener,Detached,Attached
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
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
No climate risk data available.
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 | $7,079 | $84,948 |
| Home Insurance * | $603 | $7,236 |
| Property Taxes | $1,225 | $14,700 |
| Electricity | $688 | $8,266 |
| Total | $9,595 | $115,140 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-16 | Listed for sale | $1,400,000 |
| 2023-01-24 | Sold | $1,000,000 |
| 2022-12-11 | Pending sale | $1,090,000 |
| 2022-12-04 | Listing removed | -- |
| 2022-10-20 | Price change | $1,090,000 |
| 2022-09-16 | Listed for sale | $1,190,000 |
| 2022-07-27 | Listing removed | $1,230,000 |
| 2022-07-16 | Listed for sale | $1,230,000 |
| 2022-05-24 | Listing removed | -- |
| 2022-04-19 | Listed for sale | $1,230,000 |
| 2005-01-21 | Sold | $240,000 |
| 2004-05-11 | Sold | $240,000 |
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