3481 3 Mile Rd
Grand Rapids, MI 49525
4 bd 2 ba 2,390 sqft Built 1930 Lot 43,560 sqft single_family
Most recent sale
$342,500
Jun 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 29, 2022 | Sold | $342,500 | Public Record |
| Jun 24, 2022 | Sold | $342,500 | MichRic |
| May 5, 2022 | Listed | $309,900 | MLS #22016175 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $108,500 | $1,137 |
| 2020 | — | — | $108,700 | $1,604 |
| 2019 | — | — | $98,000 | $1,580 |
| 2018 | — | — | $94,300 | $1,561 |
| 2017 | — | — | $95,200 | $1,553 |
| 2016 | — | — | $93,200 | $1,051 |
| 2015 | — | — | $86,400 | $1,475 |
| 2014 | — | — | $76,800 | $1,452 |
| 2013 | — | — | $72,200 | $1,404 |
| 2012 | — | — | $46,900 | $1,371 |
| 2011 | — | — | $48,400 | $1,406 |
| 2009 | — | — | $52,200 | $1,482 |
| 2008 | — | — | $56,100 | $1,562 |
| 2007 | — | — | $56,100 | $1,125 |
Property facts
Year built
1930
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,390 sqft
Lot size
43,560 sqft
ZIP code
49525
City
Grand Rapids
Street
3 Mile Rd
Coordinates
43.01325, -85.58346
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,585
Gross rental yield
12.56%
Implied cap rate
8.16%
Trend-extrapolated value
—
Frequently asked questions
When did 3481 3 Mile Rd last sell?
3481 3 Mile Rd most recently sold on Jun 29, 2022 for $342,500.
What is the current tax assessment for 3481 3 Mile Rd?
The most recent total assessment for 3481 3 Mile Rd (year 2021) is $108,500 with $1,137 in property tax.
How does 3481 3 Mile Rd's assessment compare to its last sale price?
The current assessment is 68.3% below the last sale price of $342,500.
When was 3481 3 Mile Rd built?
3481 3 Mile Rd was built in 1930.
How does 3481 3 Mile Rd compare to others on 3 Mile Rd?
We track 8 other properties on 3 Mile Rd. Browse the list under "Other properties on 3 Mile Rd" to compare beds, baths, and sale history.
What are the property facts for 3481 3 Mile Rd?
3481 3 Mile Rd is a 4 bed, 2 bath, 2,390 sqft, 43,560 sqft lot single_family.
Is 3481 3 Mile Rd a flip candidate?
No — 3481 3 Mile Rd does not appear in our flips dataset.
Is 3481 3 Mile Rd a tax-appeal candidate?
No — 3481 3 Mile Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.9%
Implied 1-yr
-3.5%
2026 Q3
$390.1K
2026 Q4
$386.5K
ZIP 49525 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 3 Mile Rd