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703 Alger St

Grand Rapids, MI 49509

3 bd 2 ba 1,498 sqft Built 1920 Lot 7,841 sqft single_family
Most recent sale
$175,000
May 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 23, 2022 Sold $175,000 Public Record
May 13, 2022 Sold $175,000 MichRic
Mar 16, 2022 Listed $199,900 MLS #22008221
May 20, 2015 Listing removed $1,000 AppfolioUnits
May 6, 2015 Listed for rent $1,000 AppfolioUnits
Jun 22, 2010 Sold $20,240 Public Record
Apr 1, 2010 Sold $24,000 Public Record
Sep 6, 2009 Listing removed $37,900 GrandRapids
Aug 6, 2009 Listed $37,900 MLS #764244
Mar 30, 2005 Sold $87,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $53,800 $1,535
2020 $53,200 $1,603
2019 $51,900 $1,579
2018 $41,600 $1,531
2017 $38,900 $1,493
2016 $34,800 $1,501
2015 $33,900 $1,430
2014 $27,900 $1,399
2013 $27,100 $1,344
2012 $33,700 $1,670
2011 $37,400 $1,809
2009 $47,500 $1,429
2008 $49,600 $1,499

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,498 sqft
Lot size
7,841 sqft
ZIP code
49509
City
Grand Rapids
Street
Alger St
Coordinates
42.92085, -85.68363

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 703 Alger St last sell?
703 Alger St most recently sold on May 23, 2022 for $175,000.
What is the current tax assessment for 703 Alger St?
The most recent total assessment for 703 Alger St (year 2021) is $53,800 with $1,535 in property tax.
How does 703 Alger St's assessment compare to its last sale price?
The current assessment is 69.3% below the last sale price of $175,000.
When was 703 Alger St built?
703 Alger St was built in 1920.
How does 703 Alger St compare to others on Alger St?
We track 8 other properties on Alger St. Browse the list under "Other properties on Alger St" to compare beds, baths, and sale history.
What are the property facts for 703 Alger St?
703 Alger St is a 3 bed, 2 bath, 1,498 sqft, 7,841 sqft lot single_family.
Is 703 Alger St a flip candidate?
No — 703 Alger St does not appear in our flips dataset.
Is 703 Alger St a tax-appeal candidate?
No — 703 Alger St 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
+2.0%
Implied 1-yr
+8.1%
2026 Q3
$271.4K
2026 Q4
$276.3K
ZIP 49509 — Median Price History + Forecast

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