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1502 Derby Dr

Grand Rapids, MI 49504

4 bd 2 ba 1,874 sqft Built 1960 Lot 6,875 sqft single_family
Most recent sale
$225,000
Sep 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 2, 2022 Sold $225,000 Public Record
Aug 19, 2022 Sold $225,000 MichRic
Jun 28, 2022 Listed $237,500 MLS #22026536

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $97,200 $2,017
2020 $90,100 $2,160
2019 $85,300 $2,133
2018 $77,200 $2,060
2017 $71,900 $2,005
2016 $65,500 $2,029
2015 $63,600 $1,887
2014 $59,500 $1,840
2013 $56,100 $1,763
2012 $56,700 $1,778
2011 $56,800 $1,715
2009 $69,000 $1,701
2008 $73,400 $1,637

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,874 sqft
Lot size
6,875 sqft
ZIP code
49504
City
Grand Rapids
Street
Derby Dr
Coordinates
42.99130, -85.71437

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1502 Derby Dr last sell?
1502 Derby Dr most recently sold on Sep 2, 2022 for $225,000.
What is the current tax assessment for 1502 Derby Dr?
The most recent total assessment for 1502 Derby Dr (year 2021) is $97,200 with $2,017 in property tax.
How does 1502 Derby Dr's assessment compare to its last sale price?
The current assessment is 56.8% below the last sale price of $225,000.
When was 1502 Derby Dr built?
1502 Derby Dr was built in 1960.
How does 1502 Derby Dr compare to others on Derby Dr?
We track 3 other properties on Derby Dr. Browse the list under "Other properties on Derby Dr" to compare beds, baths, and sale history.
What are the property facts for 1502 Derby Dr?
1502 Derby Dr is a 4 bed, 2 bath, 1,874 sqft, 6,875 sqft lot single_family.
Is 1502 Derby Dr a flip candidate?
No — 1502 Derby Dr does not appear in our flips dataset.
Is 1502 Derby Dr a tax-appeal candidate?
No — 1502 Derby Dr 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
+8.0%
2026 Q3
$331.5K
2026 Q4
$337.4K
ZIP 49504 — Median Price History + Forecast

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