240 Heritage Commons St
Grand Rapids, MI 49503
2 bd 3 ba 1,977 sqft Built 1977 Lot 5,271 sqft condos
Most recent sale
$240,000
May 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 20, 2022 | Sold | $240,000 | Public Record |
| May 13, 2022 | Sold | $240,000 | MichRic |
| Mar 27, 2022 | Price changed | $240,000 | MLS #22006787 |
| Mar 5, 2022 | Listed | $258,900 | MLS #22006787 |
| Dec 17, 1999 | Sold | $75,026 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $138,000 | $4,063 |
| 2023 | — | — | $119,200 | $4,093 |
| 2022 | — | — | $107,900 | $1,927 |
| 2021 | — | — | $100,200 | $1,774 |
| 2020 | — | — | $91,300 | $1,911 |
| 2019 | — | — | $69,200 | $1,887 |
| 2018 | — | — | $69,600 | $1,822 |
| 2017 | — | — | $69,600 | $1,774 |
| 2016 | — | — | $64,100 | $1,795 |
| 2015 | — | — | $52,300 | $1,670 |
| 2014 | — | — | $52,700 | $1,628 |
| 2013 | — | — | $49,100 | $1,543 |
| 2012 | — | — | $54,900 | $1,619 |
| 2011 | — | — | $56,700 | $1,517 |
| 2009 | — | — | $60,000 | $1,491 |
| 2008 | — | — | $64,600 | $1,435 |
| 2007 | — | — | $66,600 | $1,342 |
Property facts
Year built
1977
Property type
condos
Stories
2
Beds
2
Baths
3
Living area
1,977 sqft
Lot size
5,271 sqft
ZIP code
49503
City
Grand Rapids
Street
Heritage Commons St
Coordinates
42.95304, -85.66281
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
$1,440
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 240 Heritage Commons St last sell?
240 Heritage Commons St most recently sold on May 20, 2022 for $240,000.
What is the current tax assessment for 240 Heritage Commons St?
The most recent total assessment for 240 Heritage Commons St (year 2025) is $138,000 with $4,063 in property tax.
How does 240 Heritage Commons St's assessment compare to its last sale price?
The current assessment is 42.5% below the last sale price of $240,000.
When was 240 Heritage Commons St built?
240 Heritage Commons St was built in 1977.
How does 240 Heritage Commons St compare to others on Heritage Commons St?
We track 6 other properties on Heritage Commons St. Browse the list under "Other properties on Heritage Commons St" to compare beds, baths, and sale history.
What are the property facts for 240 Heritage Commons St?
240 Heritage Commons St is a 2 bed, 3 bath, 1,977 sqft, 5,271 sqft lot condos.
Is 240 Heritage Commons St a flip candidate?
No — 240 Heritage Commons St does not appear in our flips dataset.
Is 240 Heritage Commons St a tax-appeal candidate?
No — 240 Heritage Commons St 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 Heritage Commons St