1053 Sheldon Ave SE, Grand Rapids, MI, 49507
About This Home
Investor special with endless potential! Located in the heart of Grand Rapids, this 3 bedroom, 1 bathroom home is ready for a complete transformation. Whether you're an investor searching for your next flip or rental property, or a buyer looking for a blank canvas to create a personalized home from the ground up, this property offers a great opportunity. The home needs a full remodel but features a functional layout and plenty of possibilities to add value. Conveniently located near downtown Grand Rapids, parks, restaurants, and major highways. Bring your vision, creativity, and tools to unlock the potential of 1053 Sheldon Avenue SE! CAUTION WALKING: walking this home may be dangerous and the seller and listing agent are not responsible for any injuries; bathroom does not currently have a floor.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1890
Materials
- Roof: Composition
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: None
Basement
- Has basement: Yes
- Basement: Michigan Basement,Partial
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Features
- Flooring: Wood
- Finished area below ground: 0
Heating
- Heating features: Forced Air
Interior Area
- Total structure area: 960
- Total interior livable area: 960 sqft
Property
Details
- Parcel number: 411431351035
- Zoning description: Residential
Features
- Stories: 1
Lot
- Lot size: 7,840 sqft
- Features: Level,Sidewalk,Wooded
- Lot size dimensions: 39 x 200
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
- 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 | $631 | $7,572 |
| Home Insurance * | $60 | $720 |
| Property Taxes | $177 | $2,124 |
| Electricity | $188 | $2,259 |
| Total | $1,056 | $12,672 |
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 |
|---|---|---|
| 2026-07-15 | Price change | $124,900 |
| 2026-05-27 | Price change | $129,900 |
| 2026-05-15 | Listed for sale | $139,900 |
| 2026-05-08 | Sold | $83,000 |
| 2016-06-22 | Sold | $15,000 |
| 2013-12-17 | Listing removed | -- |
| 2013-12-14 | Price change | $500 |
| 2013-12-10 | Price change | $10,000 |
| 2013-12-08 | Price change | $5,000 |
| 2013-12-05 | Listed for sale | -- |
| 2012-07-17 | Sold | $70,104 |
| 2005-07-08 | Sold | $70,000 |
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