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2240 Covey Ct

Grand Rapids, MI 49546

2 bd 2 ba 1,930 sqft Built 1990 condos
Most recent sale
$393,987
Aug 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 23, 2022 Sold $393,987 Public Record
Jul 29, 2022 Sold $393,987 MichRic
Jul 8, 2022 Price changed $389,900 MLS #22025753
Jun 23, 2022 Listed $409,900 MLS #22025753
Jan 25, 2018 Sold $275,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $154,000 $4,279
2020 $147,100 $7,025
2019 $137,300 $6,923
2018 $126,800 $3,360
2017 $121,200 $3,348
2016 $113,800 $3,261
2015 $110,300 $3,216
2014 $104,200 $3,170
2013 $97,300 $3,092
2012 $101,100 $3,213
2011 $108,000 $3,411
2009 $118,200 $3,652
2008 $121,400 $3,660

Property facts

Year built
1990
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,930 sqft
Lot size
ZIP code
49546
City
Grand Rapids
Street
Covey Ct
Coordinates
42.92294, -85.54483

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,895
Gross rental yield
8.82%
Implied cap rate
5.73%
Trend-extrapolated value

Frequently asked questions

When did 2240 Covey Ct last sell?
2240 Covey Ct most recently sold on Aug 23, 2022 for $393,987.
What is the current tax assessment for 2240 Covey Ct?
The most recent total assessment for 2240 Covey Ct (year 2021) is $154,000 with $4,279 in property tax.
How does 2240 Covey Ct's assessment compare to its last sale price?
The current assessment is 60.9% below the last sale price of $393,987.
When was 2240 Covey Ct built?
2240 Covey Ct was built in 1990.
How does 2240 Covey Ct compare to others on Covey Ct?
We track 4 other properties on Covey Ct. Browse the list under "Other properties on Covey Ct" to compare beds, baths, and sale history.
What are the property facts for 2240 Covey Ct?
2240 Covey Ct is a 2 bed, 2 bath, 1,930 sqft condos.
Is 2240 Covey Ct a flip candidate?
No — 2240 Covey Ct does not appear in our flips dataset.
Is 2240 Covey Ct a tax-appeal candidate?
No — 2240 Covey Ct 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
-1.9%
Implied 1-yr
-7.6%
2026 Q3
$522.1K
2026 Q4
$510.8K
ZIP 49546 — Median Price History + Forecast

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