548 Fairview Ave
Grand Rapids, MI 49503
2 bd 2 ba 1,390 sqft Built 2015 condos
Most recent sale
$405,000
Jun 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 2, 2022 | Sold | $405,000 | Public Record |
| May 16, 2022 | Sold | $405,000 | MichRic |
| Apr 13, 2022 | Listed | $369,900 | MLS #22012286 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $218,500 | $6,558 |
| 2023 | — | — | $198,600 | $6,727 |
| 2022 | — | — | $211,600 | $3,832 |
| 2021 | — | — | $186,400 | $3,529 |
| 2020 | — | — | $176,800 | $3,800 |
| 2019 | — | — | $164,700 | $3,752 |
| 2018 | — | — | $150,800 | $3,623 |
| 2017 | — | — | $102,000 | $3,527 |
| 2016 | — | — | $101,600 | $3,588 |
| 2015 | — | — | $101,900 | $3,357 |
Property facts
Year built
2015
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,390 sqft
Lot size
—
ZIP code
49503
City
Grand Rapids
Street
Fairview Ave
Coordinates
42.97333, -85.66682
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
$2,085
Gross rental yield
6.18%
Implied cap rate
4.02%
Trend-extrapolated value
—
Frequently asked questions
When did 548 Fairview Ave last sell?
548 Fairview Ave most recently sold on Jun 2, 2022 for $405,000.
What is the current tax assessment for 548 Fairview Ave?
The most recent total assessment for 548 Fairview Ave (year 2025) is $218,500 with $6,558 in property tax.
How does 548 Fairview Ave's assessment compare to its last sale price?
The current assessment is 46.0% below the last sale price of $405,000.
When was 548 Fairview Ave built?
548 Fairview Ave was built in 2015.
How does 548 Fairview Ave compare to others on Fairview Ave?
We track 8 other properties on Fairview Ave. Browse the list under "Other properties on Fairview Ave" to compare beds, baths, and sale history.
What are the property facts for 548 Fairview Ave?
548 Fairview Ave is a 2 bed, 2 bath, 1,390 sqft condos.
Is 548 Fairview Ave a flip candidate?
No — 548 Fairview Ave does not appear in our flips dataset.
Is 548 Fairview Ave a tax-appeal candidate?
No — 548 Fairview 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
+1.9%
Implied 1-yr
+7.5%
2026 Q3
$432.4K
2026 Q4
$439.7K
ZIP 49503 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Fairview Ave