1121 Lake Dr
Grand Rapids, MI 49506
4 bd 2 ba 1,811 sqft Built 1890 Lot 4,356 sqft single_family
Most recent sale
$260,000
Aug 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 5, 2022 | Sold | $260,000 | Public Record |
| Jul 22, 2022 | Sold | $260,000 | MichRic |
| Jun 1, 2022 | Price changed | $279,900 | MLS #22017478 |
| May 12, 2022 | Listed | $299,900 | MLS #22017478 |
| Mar 2, 2017 | Sold | $175,000 | Public Record |
| Mar 1, 2017 | Sold | $175,000 | MichRic |
| Oct 22, 2014 | Listing removed | $1,600 | AppfolioUnits |
| Oct 5, 2014 | Listed for rent | $1,600 | AppfolioUnits |
| Sep 24, 2009 | Sold | $65,000 | Public Record |
| Aug 22, 2009 | Listing removed | $69,900 | GrandRapids |
| Aug 10, 2009 | Listed | $69,900 | MLS #764045 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $99,200 | $4,979 |
| 2020 | — | — | $92,900 | $4,082 |
| 2019 | — | — | $85,900 | $4,223 |
| 2018 | — | — | $73,600 | $3,899 |
| 2017 | — | — | $73,000 | $2,341 |
| 2016 | — | — | $66,800 | $2,353 |
| 2015 | — | — | $52,800 | $2,242 |
| 2014 | — | — | $48,200 | $2,194 |
| 2013 | — | — | $46,800 | $2,107 |
| 2012 | — | — | $41,700 | $2,055 |
| 2011 | — | — | $40,400 | $1,954 |
| 2009 | — | — | $41,400 | $1,047 |
| 2008 | — | — | $54,200 | $1,008 |
Property facts
Year built
1890
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,811 sqft
Lot size
4,356 sqft
ZIP code
49506
City
Grand Rapids
Street
Lake Dr
Coordinates
42.95900, -85.64068
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,717
Gross rental yield
12.54%
Implied cap rate
8.15%
Trend-extrapolated value
—
Frequently asked questions
When did 1121 Lake Dr last sell?
1121 Lake Dr most recently sold on Aug 5, 2022 for $260,000.
What is the current tax assessment for 1121 Lake Dr?
The most recent total assessment for 1121 Lake Dr (year 2021) is $99,200 with $4,979 in property tax.
How does 1121 Lake Dr's assessment compare to its last sale price?
The current assessment is 61.8% below the last sale price of $260,000.
When was 1121 Lake Dr built?
1121 Lake Dr was built in 1890.
How does 1121 Lake Dr compare to others on Lake Dr?
We track 8 other properties on Lake Dr. Browse the list under "Other properties on Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 1121 Lake Dr?
1121 Lake Dr is a 4 bed, 2 bath, 1,811 sqft, 4,356 sqft lot single_family.
Is 1121 Lake Dr a flip candidate?
No — 1121 Lake Dr does not appear in our flips dataset.
Is 1121 Lake Dr a tax-appeal candidate?
No — 1121 Lake Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.0%
Implied 1-yr
-12.1%
2026 Q3
$455.7K
2026 Q4
$455.7K
ZIP 49506 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Dr