3940 Balsam Waters Dr
Grand Rapids, MI 49525
5 bd 4 ba 3,629 sqft Built 2015 Lot 14,375 sqft single_family
Most recent sale
$660,000
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 25, 2025 | Sold | $800,000 | MichRic |
| Apr 29, 2022 | Sold | $660,000 | Public Record |
| Apr 25, 2022 | Sold | $660,000 | MichRic |
| Mar 24, 2022 | Listed | $655,000 | MLS #22009598 |
| May 27, 2020 | Price changed | $585,000 | MLS #20014457 |
| May 5, 2020 | Listed | $599,000 | MLS #20014457 |
| Mar 22, 2020 | Price changed | $585,000 | MLS #19038591 |
| Mar 21, 2020 | Price changed | $590,000 | MLS #19038591 |
| Mar 10, 2020 | Price changed | $600,000 | MLS #19038591 |
| Feb 28, 2020 | Price changed | $615,000 | MLS #19038591 |
| Feb 18, 2020 | Price changed | $619,900 | MLS #19038591 |
| Nov 30, 2019 | Price changed | $629,900 | MLS #19038591 |
| Oct 24, 2019 | Price changed | $640,000 | MLS #19038591 |
| Sep 20, 2019 | Price changed | $670,000 | MLS #19038591 |
| Aug 11, 2019 | Listed | $680,000 | MLS #19038591 |
| Oct 7, 2015 | Sold | $555,000 | Public Record |
| Oct 1, 2015 | Sold | $555,000 | MichRic |
| Jul 28, 2015 | Listing removed | $565,000 | MichRic |
| May 21, 2015 | Listed | $565,000 | MLS #15025627 |
| Apr 28, 2015 | Listing removed | $565,000 | MichRic |
| Feb 12, 2015 | Listed | $565,000 | MLS #15005817 |
| Dec 11, 2014 | Listing removed | $565,000 | MichRic |
| Dec 9, 2014 | Listed | $565,000 | MLS #14065122 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $310,000 | $7,132 |
| 2020 | — | — | $253,000 | $7,104 |
| 2019 | — | — | $266,600 | $6,999 |
| 2018 | — | — | $254,100 | $6,904 |
| 2017 | — | — | $221,200 | $6,872 |
| 2016 | — | — | $219,100 | $6,622 |
| 2015 | — | — | $60,200 | $736 |
| 2014 | — | — | $47,500 | $136 |
Property facts
Year built
2015
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,629 sqft
Lot size
14,375 sqft
ZIP code
49525
City
Grand Rapids
Street
Balsam Waters Dr
Coordinates
43.00152, -85.57230
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,444
Gross rental yield
9.90%
Implied cap rate
6.43%
Trend-extrapolated value
—
Frequently asked questions
When did 3940 Balsam Waters Dr last sell?
3940 Balsam Waters Dr most recently sold on Apr 29, 2022 for $660,000.
What is the current tax assessment for 3940 Balsam Waters Dr?
The most recent total assessment for 3940 Balsam Waters Dr (year 2021) is $310,000 with $7,132 in property tax.
How does 3940 Balsam Waters Dr's assessment compare to its last sale price?
The current assessment is 53.0% below the last sale price of $660,000.
When was 3940 Balsam Waters Dr built?
3940 Balsam Waters Dr was built in 2015.
How does 3940 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 3940 Balsam Waters Dr?
3940 Balsam Waters Dr is a 5 bed, 4 bath, 3,629 sqft, 14,375 sqft lot single_family.
Is 3940 Balsam Waters Dr a flip candidate?
No — 3940 Balsam Waters Dr does not appear in our flips dataset.
Is 3940 Balsam Waters Dr a tax-appeal candidate?
No — 3940 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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