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1011 Lake Grove Ave

East Grand Rapids, MI 49506

5 bd 4 ba 3,043 sqft Built 2022 Lot 8,407 sqft single_family
Most recent sale
$291,000
Jun 9, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 10, 2023 Sold $1,280,000 MichRic
Aug 12, 2022 Listed $1,349,000 MLS #22034651
Dec 10, 2021 Listed $310,000 MLS #21117953
Jun 9, 2021 Sold $291,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $543,300 $22,540
2023 $446,100 $21,249
2022 $50,600 $2,419
2021 $106,300 $4,630
2020 $104,900 $4,838
2019 $96,800 $4,768
2018 $97,900 $4,657
2017 $96,500 $4,602
2016 $92,300 $4,520
2015 $81,200 $4,437
2014 $75,500 $4,326
2013 $72,800 $4,052
2012 $69,000 $3,986
2011 $70,700 $3,878
2009 $69,400 $3,753
2008 $73,400 $2,560
2007 $73,000 $2,374

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,043 sqft
Lot size
8,407 sqft
ZIP code
49506
City
East Grand Rapids
Street
Lake Grove Ave
Coordinates
42.94425, -85.60726

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,746
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1011 Lake Grove Ave last sell?
1011 Lake Grove Ave most recently sold on Jun 9, 2021 for $291,000.
What is the current tax assessment for 1011 Lake Grove Ave?
The most recent total assessment for 1011 Lake Grove Ave (year 2025) is $543,300 with $22,540 in property tax.
How does 1011 Lake Grove Ave's assessment compare to its last sale price?
The current assessment is 86.7% above the last sale price of $291,000.
When was 1011 Lake Grove Ave built?
1011 Lake Grove Ave was built in 2022.
How does 1011 Lake Grove Ave compare to others on Lake Grove Ave?
We track 2 other properties on Lake Grove Ave. Browse the list under "Other properties on Lake Grove Ave" to compare beds, baths, and sale history.
What are the property facts for 1011 Lake Grove Ave?
1011 Lake Grove Ave is a 5 bed, 4 bath, 3,043 sqft, 8,407 sqft lot single_family.
Is 1011 Lake Grove Ave a flip candidate?
Yes — 1011 Lake Grove Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1011 Lake Grove Ave a tax-appeal candidate?
No — 1011 Lake Grove Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.0%
Implied 1-yr
-12.1%
2026 Q3
$455.7K
2026 Q4
$455.7K
ZIP 49506 — Median Price History + Forecast

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