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851 Gibson Pl

Grand Rapids, MI 49507

3 bd 1 ba 1,400 sqft Built 1929 Lot 5,924 sqft single_family
Most recent sale
$137,000
Sep 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 8, 2022 Sold $137,000 Public Record
Aug 31, 2022 Sold $137,000 MichRic
May 17, 2022 Listed $139,900 MLS #22018486
Jul 17, 2014 Listing removed $45,000 MichRic
Jan 16, 2014 Listed $45,000 MLS #14002914

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $27,100 $560
2020 $24,300 $603
2019 $20,100 $595
2018 $17,400 $575
2017 $16,200 $560
2016 $14,800 $737
2015 $14,400 $727
2014 $14,000 $711
2013 $17,000 $843
2012 $17,700 $876
2011 $19,300 $933
2009 $23,300 $1,112
2008 $26,200 $1,247
2007 $26,200 $1,017

Property facts

Year built
1929
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,400 sqft
Lot size
5,924 sqft
ZIP code
49507
City
Grand Rapids
Street
Gibson Pl
Coordinates
42.94403, -85.64725

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$822
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 851 Gibson Pl last sell?
851 Gibson Pl most recently sold on Sep 8, 2022 for $137,000.
What is the current tax assessment for 851 Gibson Pl?
The most recent total assessment for 851 Gibson Pl (year 2021) is $27,100 with $560 in property tax.
How does 851 Gibson Pl's assessment compare to its last sale price?
The current assessment is 80.2% below the last sale price of $137,000.
When was 851 Gibson Pl built?
851 Gibson Pl was built in 1929.
How does 851 Gibson Pl compare to others on Gibson Pl?
We track 1 other property on Gibson Pl. Browse the list under "Other properties on Gibson Pl" to compare beds, baths, and sale history.
What are the property facts for 851 Gibson Pl?
851 Gibson Pl is a 3 bed, 1 bath, 1,400 sqft, 5,924 sqft lot single_family.
Is 851 Gibson Pl a flip candidate?
No — 851 Gibson Pl does not appear in our flips dataset.
Is 851 Gibson Pl a tax-appeal candidate?
No — 851 Gibson Pl 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
+2.8%
Implied 1-yr
+11.2%
2026 Q3
$273.4K
2026 Q4
$279.9K
ZIP 49507 — Median Price History + Forecast

Explore nearby

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