3851 Balsam Waters Dr
Grand Rapids, MI 49525
6 bd 5 ba 3,504 sqft Built 2018 Lot 15,246 sqft single_family
Most recent sale
$775,000
Jun 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 7, 2022 | Sold | $775,000 | Public Record |
| May 23, 2022 | Sold | $775,000 | MichRic |
| Mar 31, 2022 | Listed | $799,000 | MLS #22010539 |
| Feb 5, 2019 | Sold | $598,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $438,000 | $8,053 |
| 2023 | — | — | $403,200 | $11,645 |
| 2022 | — | — | $299,500 | $8,502 |
| 2021 | — | — | $342,900 | $5,929 |
| 2020 | — | — | $278,800 | $8,370 |
| 2019 | — | — | $291,500 | $8,786 |
| 2018 | — | — | $45,000 | $2,181 |
Property facts
Year built
2018
Property type
single_family
Stories
2
Beds
6
Baths
5
Living area
3,504 sqft
Lot size
15,246 sqft
ZIP code
49525
City
Grand Rapids
Street
Balsam Waters Dr
Coordinates
43.00247, -85.57385
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,256
Gross rental yield
8.14%
Implied cap rate
5.29%
Trend-extrapolated value
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Frequently asked questions
When did 3851 Balsam Waters Dr last sell?
3851 Balsam Waters Dr most recently sold on Jun 7, 2022 for $775,000.
What is the current tax assessment for 3851 Balsam Waters Dr?
The most recent total assessment for 3851 Balsam Waters Dr (year 2025) is $438,000 with $8,053 in property tax.
How does 3851 Balsam Waters Dr's assessment compare to its last sale price?
The current assessment is 43.5% below the last sale price of $775,000.
When was 3851 Balsam Waters Dr built?
3851 Balsam Waters Dr was built in 2018.
How does 3851 Balsam Waters Dr compare to others on Balsam Waters Dr?
We track 8 other properties on Balsam Waters Dr. Browse the list under "Other properties on Balsam Waters Dr" to compare beds, baths, and sale history.
What are the property facts for 3851 Balsam Waters Dr?
3851 Balsam Waters Dr is a 6 bed, 5 bath, 3,504 sqft, 15,246 sqft lot single_family.
Is 3851 Balsam Waters Dr a flip candidate?
No — 3851 Balsam Waters Dr does not appear in our flips dataset.
Is 3851 Balsam Waters Dr a tax-appeal candidate?
No — 3851 Balsam Waters Dr 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
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