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2113 Jerome Ave

Grand Rapids, MI 49507

2 bd 1 ba 700 sqft Built 1948 Lot 4,200 sqft single_family
Most recent sale
$125,000
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2022 Sold $125,000 Public Record
May 2, 2022 Sold $125,000 MichRic
Feb 14, 2022 Listed $124,900 MLS #22004536
Oct 10, 2012 Listing removed $29,900 MichRic
Sep 14, 2012 Listed $29,900 MLS #12051265
May 10, 2007 Sold $41,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $46,600 $1,193
2023 $35,000 $1,185
2022 $32,200 $419
2021 $26,900 $606
2020 $24,500 $633
2019 $21,600 $623
2018 $15,400 $604
2017 $13,500 $590
2016 $12,400 $592
2015 $12,500 $565
2014 $11,500 $552
2013 $10,700 $531
2012 $12,900 $639
2011 $14,400 $852
2009 $18,500 $538
2008 $23,200 $701
2007 $23,900 $1,125

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
700 sqft
Lot size
4,200 sqft
ZIP code
49507
City
Grand Rapids
Street
Jerome Ave
Coordinates
42.92575, -85.67730

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,050
Gross rental yield
10.08%
Implied cap rate
6.55%
Trend-extrapolated value

Frequently asked questions

When did 2113 Jerome Ave last sell?
2113 Jerome Ave most recently sold on May 6, 2022 for $125,000.
What is the current tax assessment for 2113 Jerome Ave?
The most recent total assessment for 2113 Jerome Ave (year 2025) is $46,600 with $1,193 in property tax.
How does 2113 Jerome Ave's assessment compare to its last sale price?
The current assessment is 62.7% below the last sale price of $125,000.
When was 2113 Jerome Ave built?
2113 Jerome Ave was built in 1948.
How does 2113 Jerome Ave compare to others on Jerome Ave?
We track 8 other properties on Jerome Ave. Browse the list under "Other properties on Jerome Ave" to compare beds, baths, and sale history.
What are the property facts for 2113 Jerome Ave?
2113 Jerome Ave is a 2 bed, 1 bath, 700 sqft, 4,200 sqft lot single_family.
Is 2113 Jerome Ave a flip candidate?
No — 2113 Jerome Ave does not appear in our flips dataset.
Is 2113 Jerome Ave a tax-appeal candidate?
No — 2113 Jerome Ave 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

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