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508 Cambridge Blvd SE, East Grand Rapids, MI, 49506

5beds
3baths
3,943sqft
$1,390,000
$353price/sqft
$9,216/moest. monthly cost
$368,640/yrincome needed

About This Home

Classic 1924 Alexander McColl brick home blending timeless architecture with modern updates in the heart of East Grand Rapids! This 5 bed, 2.5 bath residence showcases character with a stately brick exterior, charming architectural details, detailed millwork, and gleaming hardwood floors throughout. Quality craftsmanship was not spared, with extensive renovations completed by highly regarded contractors while preserving the home's historic character. Enjoy remodeled main level living with formal and informal spaces, plus an opened kitchen with custom inset cabinetry. Additional updates include remodeled baths (2018 & 2023), energy-efficient hot water heat conversion with new boiler (2020), and refreshed front porch (2024). Two bedroom balconies and a spacious yard complete this home on a tree-lined street near EGR schools, Gaslight Village, Reeds Lake, and parks.

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
62
BikeBikeable

Schools

8/10
Wealthy SchoolGrades K-50.4 mi
9/10

Construction

Condition

  • Year built: 1922

Materials

  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Oven,Range,Refrigerator,Washer
  • Laundry features: In Basement,Sink

Basement

  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Eat-in Kitchen,Pantry
  • Window features: Garden Window
  • Flooring: Wood
  • Number of fireplaces: 2
  • Fireplace features: Den,Living Room
  • Fireplace: Yes
  • Finished area below ground: 617

Heating

  • Heating features: Steam

Interior Area

  • Total structure area: 3,326
  • Total interior livable area: 3,943 sqft

Property

Details

  • Parcel number: 411433105009
  • Zoning description: RES

Features

  • Stories: 2
  • Exterior features: Balcony

Lot

  • Lot size: 0.32 Acres
  • Features: Sidewalk,Wooded,Shrubs/Hedges
  • Lot size dimensions: 70 x 200

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Side,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
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 $7,028$84,336
Home Insurance *$542$6,504
Property Taxes $1,216$14,592
Electricity $430$5,160
Total$9,216$110,592
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$315,977/yr
40% on housing$276,480/yr
45% on housing$245,760/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

$353This listing

vs Other Active Listings

Avg $/sqft

ZIP 49506$258
Kent County$197

vs Homes Sold Last Month

Median $/sqft

ZIP 49506$233
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
2026-02-17Listed for sale$1,450,000
2007-10-30Sold$455,000

For Sale by Agent

AgentKyle Visser
BrokerageReSIDE Grand Rapids

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