3718 Balsam Ave
Grand Rapids, MI 49525
3 bd 2 ba 1,345 sqft Built 1959 Lot 8,233 sqft single_family
Most recent sale
$246,000
Nov 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 14, 2022 | Sold | $246,000 | MichRic |
| Jul 16, 2018 | Sold | $159,900 | MichRic |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $85,200 | $2,657 |
| 2020 | — | — | $81,500 | $2,634 |
| 2019 | — | — | $77,200 | $2,597 |
| 2018 | — | — | $70,300 | $2,295 |
| 2017 | — | — | $69,800 | $2,706 |
| 2016 | — | — | $63,600 | $1,557 |
| 2015 | — | — | $58,100 | $2,635 |
| 2014 | — | — | $53,600 | $2,569 |
| 2013 | — | — | $50,800 | $1,590 |
| 2012 | — | — | $49,300 | $1,553 |
| 2011 | — | — | $54,100 | $1,499 |
| 2009 | — | — | $65,100 | $1,793 |
| 2008 | — | — | $67,100 | $1,847 |
| 2006 | — | — | $70,000 | $1,290 |
Property facts
Year built
1959
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,345 sqft
Lot size
8,233 sqft
ZIP code
49525
City
Grand Rapids
Street
Balsam Ave
Coordinates
43.03076, -85.61767
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,018
Gross rental yield
9.84%
Implied cap rate
6.40%
Trend-extrapolated value
—
Frequently asked questions
When did 3718 Balsam Ave last sell?
3718 Balsam Ave most recently sold on Nov 14, 2022 for $246,000.
What is the current tax assessment for 3718 Balsam Ave?
The most recent total assessment for 3718 Balsam Ave (year 2021) is $85,200 with $2,657 in property tax.
How does 3718 Balsam Ave's assessment compare to its last sale price?
The current assessment is 65.4% below the last sale price of $246,000.
When was 3718 Balsam Ave built?
3718 Balsam Ave was built in 1959.
How does 3718 Balsam Ave compare to others on Balsam Ave?
We track 8 other properties on Balsam Ave. Browse the list under "Other properties on Balsam Ave" to compare beds, baths, and sale history.
What are the property facts for 3718 Balsam Ave?
3718 Balsam Ave is a 3 bed, 2 bath, 1,345 sqft, 8,233 sqft lot single_family.
Is 3718 Balsam Ave a flip candidate?
No — 3718 Balsam Ave does not appear in our flips dataset.
Is 3718 Balsam Ave a tax-appeal candidate?
No — 3718 Balsam Ave 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 Balsam Ave