Knollcrest Terrace Condominium No.1
Solid value in a growing area
Median $144K·Walkability 4.6/10·Schools 6.0/10
You'll find Knollcrest Terrace tucked into the Slater Heights Area, where the development spreads across just 2 acres of residential ground. The location puts you within 15 minutes of downtown Grand Rapids, and if you're catching a flight, Gerald R. Ford airport is about 12 and a half minutes away. The real draw, though, is how walkable the immediate surroundings are—a grocery store is a 7-minute walk, coffee shops are right there too at 7 minutes, and if you're hungry right now, there's a restaurant 3 minutes on foot. Within a mile you've got 252 restaurant options to choose from, so you're not going to run out of places to eat. The Grand Rapids Public Schools district covers the area, and when you want some green space, Camelot Park sits about 1.1 miles away. Transit access is solid—the nearest stop is a 4-minute walk. With each lot averaging 2.02 acres, giving you room to breathe in a setting that keeps you connected.
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Why people love it here
$144K median
- 2 recent sales
Conventional Mortgage Calculator
Median home price in Knollcrest Terrace Condominium No.1
Estimated Monthly Payment
$978/mo
Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Opportunity. NMLS Consumer Access. Not a commitment to lend. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.
Recent Sale Price
$144K
2 recent sales
Units
30
Complex Size
2.0 ac
30 units
Expected Rent
$1,350/mo
$1,200 – $1,525 · estimated range
Walkability
Fair
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Whole Foods Market
+1 more
Nagoya Sushi (28th ST AYCE)
+1 more
Himalayan Cafe and Desserts
+1 more
KPOT Korean BBQ & Hot Pot
+1 more
Camelot Park
+1 more
Unnamed playground
Lake Eastbrook
+1 more
Unnamed beach
Swansea Drive Southeast
dog_park
Unnamed bike_path
Planet Fitness
28th/Radcliff (WB)
+1 more
Walgreens
Hekman Library
+1 more
My Little Munchkins Childcare Learning Center
Phoenix Theatres Woodland Mall
+1 more
Based on 2 rated schools nearby
Range: 5/10 to 7/10
School District: Grand Rapids Public Schools
Crime in Knollcrest Terrace Condominium No.1 is reported at the city level, not the neighborhood level. The FBI doesn't publish reliable crime rates for individual neighborhoods, and within any community crime varies street to street. For an accurate, comparable picture, see the jurisdiction-wide figures for Kent County.
Kent County crime & safety stats →To buy a median-priced Knollcrest Terrace Condominium No.1 home (around $144,000) at today's 6.65% 30-year fixed rate with 20% down, you'd need roughly $26k/year in household income to qualify — an estimated monthly payment of $970 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $970/mo | $25,865 |
| 10% (+PMI) | $1,116/mo | $29,770 |
| 5% (+PMI) | $1,166/mo | $31,083 |
Estimates use a 6.65% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price, plus estimated insurance and PMI below 20% down. Not a commitment to lend, and not an APR — your actual rate and payment will vary.
Association and local-government details are compiled from public records, municipal sites, and state registries, and can change. Confirm directly with the association or municipality before relying on them.
Solar potential
~$872/yr in electricity from a typical rooftop solar system
Produces ~6,358 kWh/yr · offsets ~61% of a typical home's use
Resident-arranged private hauler
Residents contract own refuse hauler; city ordinance governs container storage.
Services for Kentwood · Source: kentwood.us
Utility, solar, and service details for Knollcrest Terrace Condominium No.1 are compiled from public records, municipal sites, and NREL / U.S. data.gov, and can change. Electric/gas can vary by address — confirm with the provider before relying on them.
Flood Risk
None
Not in flood zone
Nearest Park
Camelot Park
1.1 mi
Parks Nearby
0
within 1 mile
🛒 Grocery(29)
+26 more within 5 miles
🍕 Restaurants(6)
Nagoya Sushi (28th ST AYCE)
Restaurant
Restaurant
Long John Silver's
Fast Food
Fast Food
+1 more within 5 miles
☕ Coffee(14)
Himalayan Cafe and Desserts
Café
Tropical Smoothie Cafe
Café
Surf City Squeeze
Café
+11 more within 5 miles
🍺 Bars(16)
KPOT Korean BBQ & Hot Pot
Bar
BJ's Restaurant & Brewhouse
Bar
AMF Eastbrook Lanes
Bar
+13 more within 5 miles
🏫 Schools(27)
Our Savior Lutheran School
Alexander Hamilton School
Grand Rapids Christian Middle School
School
Grand Rapids Christian High School
School
+22 more within 5 miles
💪 Gyms(6)
Planet Fitness
Fitness Center
The Other Body Shop
Fitness Center
Blue's Gym
Fitness Center
+3 more within 5 miles
🐕 Dog Parks(3)
🚴 Trails(7)
East Paris Homesites Area Trail
Bike Path
Unnamed bike_path
Bike Path
Bike Path
Bike Path
+4 more within 5 miles
🚌 Transit(30)
Transit Stop
Transit Stop
Transit Stop
+27 more within 5 miles
💊 Pharmacies(13)
+10 more within 5 miles
👶 Childcare(2)
🏥 Hospitals(3)
📚 Libraries(11)
+8 more within 5 miles
⚡ EV Charging(3)
ChargePoint
EV Charging
EV Charging
Unnamed ev_charging
EV Charging
Atlas — Grand Rapids Real Estate
Local real estate specialists
Questions about Knollcrest Terrace Condominium No.1? Our team can help with availability, schools, and what it's really like to live here.
Frequently asked about Knollcrest Terrace Condominium No.1
- What do homes cost in Knollcrest Terrace Condominium No.1?
- The median home value in Knollcrest Terrace Condominium No.1 is about $144,000. Individual prices vary by street, size, and condition.
- How active is the Knollcrest Terrace Condominium No.1 housing market?
- no homes are listed in Knollcrest Terrace Condominium No.1 right now, and 2 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Knollcrest Terrace Condominium No.1?
- Knollcrest Terrace Condominium No.1 is served by Grand Rapids Public Schools. Its highest-rated assigned school is Bowen Elementary (7/10).
- Is Knollcrest Terrace Condominium No.1 walkable?
- Knollcrest Terrace Condominium No.1 scores 4.6/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.