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1657 Loralee St SE, Grand Rapids, MI, 49508

3beds
2baths
1,568sqft
$345,000
$220price/sqft
$2,555/moest. monthly cost
$102,200/yrincome needed

About This Home

Welcome home to this beautifully updated 3-bedroom, 2-bath ranch offering the perfect blend of comfort, functionality, and space. The main-floor primary bedroom and convenient main-floor laundry make everyday living easy, while the remodeled bathrooms and finished basement provide stylish, move-in-ready spaces for relaxing or entertaining. You'll love the abundance of storage throughout the home, giving everything its place. The finished basement adds a spacious second living area--perfect for movie nights, a playroom, home office, or workout space. Step outside to the fully fenced backyard where you'll find one of this home's standout features: a heated, powered woodshop that's ideal for woodworking, hobbies, DIY projects, or additional workspace year-round. Whether you're looking for extra room to spread out, a workshop that's hard to find, or a home that's already been tastefully updated, this one checks all the boxes. Conveniently located near shopping, dining, parks, & schools!

Getting Around

48
WalkingCar-Dependent
32
TransitSome Transit
47
BikeSomewhat Bikeable

Schools

4/10
Meadowlawn ElementaryGrades PK-51.4 mi
6/10
Crestwood Middle SchoolGrades 6-81.4 mi
5/10
East Kentwood High SchoolGrades 10-122.8 mi

Construction

Condition

  • Year built: 1985

Materials

  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Dryer,Microwave,Refrigerator,Washer
  • Laundry features: Laundry Room,Main Level

Basement

  • Has basement: Yes
  • Basement: Daylight

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Features

  • Ceiling Fan(s)
  • Flooring: Carpet,Vinyl
  • Finished area below ground: 504

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Attic Fan,Central Air

Interior Area

  • Total structure area: 1,064
  • Total interior livable area: 1,568 sqft

Property

Details

  • Parcel number: 411821151023
  • Zoning description: Res

Features

  • Stories: 1

Lot

  • Lot size: 9,583 sqft
  • Features: Wooded
  • Lot size dimensions: 10 x 135

Parking

  • Total spaces: 2
  • Parking features: 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

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
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 $1,744$20,928
Home Insurance *$109$1,308
Property Taxes $514$6,168
Electricity $188$2,259
Total$2,555$30,660
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,600/yr
40% on housing$76,650/yr
45% on housing$68,133/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

$220This listing

vs Other Active Listings

Avg $/sqft

ZIP 49508$172
Kent County$197

vs Homes Sold Last Month

Median $/sqft

ZIP 49508$203
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
2026-08-10Price change$335,000
2026-07-07Listed for sale$345,000
2017-05-22Sold$165,000
2017-04-11Listed for sale$149,900

For Sale by Agent

AgentCharles Teunis
BrokerageBellabay Realty LLC

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