$230,000

1516 Colorado Ave SE Grand Rapids, MI 49507

$2,731
Closing credit¹
2 beds
1 full
692 sqft
0.1 acres
$332 / sqft
House

Property details

About 1516 Colorado Ave SE

Welcome to this well cared for and absolutely adorable 2-bedroom home. Thoughtfully updated over the years, its most recent improvements include added insulation and water heater, helping to keep utility costs low year-round. Enjoy the fully remodeled kitchen featuring soft-close cabinets and stainless steel appliances, designed for both everyday function and modern appeal. Set in a quiet, well-connected neighborhood and perfectly situated just a short walking distance from both Mulick and Cambridge Parks; with easy access to downtown Grand Rapids, schools, and shopping. All appliances are included, and ready for immediate possession. OPEN HOUSE from 1pm-3pm Saturday, 6/28. All and Any offers will need to be received by 5pm on Mon, 6/30

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size692 sqft
BasementYes
Lot size0.13 Acres
Year built1929
MLS #25030734

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Total Bedroom Count: 2
  • Architectural Style: Ranch
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $230,000
  • Price/SqFt: $332
  • Annual Tax Amount: $1,778
  • Tax Year: 2024
  • Directions: 131 to Hall. East on Hall to Kalamazoo. South on Kalamazoo to Fuller. Fuller to Boston. Boston to Colorado.
  • Year Built: 1929
  • Stories: 1
  • Living Area: 692 SqFt
  • Lot Size: 0.13 Acres
  • MLS Number: 25030734
  • Office Name: Bellabay Realty LLC
  • Office Phone: (616) 871-9200
  • Listing Agent: Adam Connor

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/29/2025, 12:40:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1516 Colorado Ave SE, Grand Rapids, MI 49507 - bungalow-style house with a storage shed, a front lawn, and a sunroom

$230,000

1516 Colorado Ave SE

$2,731

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 04, 2020
Home Sold
$158,000
Nov 20, 2015
Home Sold
$66,000
Nov 15, 2011
Home Sold
$18,000
Sep 04, 2001
Home Sold
$92,000
Feb 24, 2000
Home Sold
$80,000

Tax history

YearAssessmentProperty Tax
2024$80,800$1,778
2023$67,600$1,778
2022$58,500$1,778
2021$52,300$1,228
2020$47,900$70
2019$44,300$1,154
2018$37,800$1,168
2017$34,800$1,469

History based on county public records data.

Nearby schools

4

Mulick Park Elementary School

Public District PK-5

0.4 mi

1761 Rosewood Ave SE

1

Campus Elementary School

Public District PK-5

1.0 mi

710 Benjamin Ave SE

9

Lakeside School

Public District KG-5

1.2 mi

2325 Hall St SE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $67,271. Typical income of Grand Rapids, MI residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

28%
<35k
49%
35k-100k
21%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

47%
Single, No Kids
10%
Single, with Kids
25%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
6%
12-17 yrs old
28%
18-34 yrs old
36%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • TennisTennis
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolvoVolvo
  • BMWBMW
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1516 Colorado Ave SE

The listing price of 1516 Colorado Ave SE property is $230,000.

The property 1516 Colorado Ave SE is a house located in Grand Rapids, Michigan, 49507.

Active Listing: 1516 Colorado Ave SE is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1516 Colorado Ave SE are: Mulick Park Elementary School (GreatSchools Rating 4/10), Campus Elementary School (GreatSchools Rating 1/10), Lakeside School (GreatSchools Rating 9/10), River City Scholars Charter Academy (GreatSchools Rating 1/10), Alger Middle School (GreatSchools Rating 2/10), Dickinson Academy (GreatSchools Rating 2/10), Ottawa Hills High School (GreatSchools Rating 3/10), East Grand Rapids High School (GreatSchools Rating 10/10), Link Learning Grand Rapids Alger Heights (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $1,778 (source: MLS/based on county public records data).

The last sale was on August 4, 2020 for $158,000 (source: MLS/tax record).

The property at 1516 Colorado Ave SE has 2 bedrooms and 1 bathroom.

The property 1516 Colorado Ave SE is 692 SqFt (source: MLS/tax record).

The year of construction for 1516 Colorado Ave SE is 1929.

This home is located at 1516 Colorado Ave SE in Grand Rapids, MI and zip code 49507 in the South East End neighborhood. This 692 square foot home, which was built in 1929, sits on a 0.13 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $230,000.

Grand Rapids, MI housing market in May 2025 saw over 156 listings sold above listed price, more than 64 sold at listed price and over 84 sold below. The number of homes for sale in Grand Rapids, MI increased by 14.3% between April and May 2025. In May 2025, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $311,100.

From Rocket Homes Real Estate and based on county public records data.

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