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3273 Lake Dr

Grand Rapids, MI 49506

2 bd 3 ba 2,564 sqft Built 1987 condos
Most recent sale
$381,000
May 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 11, 2022 Sold $381,000 Public Record
May 2, 2022 Sold $381,000 MichRic
Apr 14, 2022 Listed $360,000 MLS #22012698
Jul 30, 2020 Sold $275,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $193,400 $5,355
2023 $157,100 $5,321
2022 $150,700 $7,814
2021 $164,400 $5,265
2020 $142,200 $3,718
2019 $141,200 $3,671
2018 $148,300 $3,545
2017 $133,400 $3,451
2016 $98,900 $3,493
2015 $99,300 $3,271
2014 $104,600 $3,280
2013 $102,700 $3,108
2012 $96,600 $3,030
2011 $97,100 $2,931
2009 $97,300 $2,927
2008 $117,900 $3,561
2007 $121,500 $3,331

Property facts

Year built
1987
Property type
condos
Stories
1
Beds
2
Baths
3
Living area
2,564 sqft
Lot size
ZIP code
49506
City
Grand Rapids
Street
Lake Dr
Coordinates
42.93826, -85.58838

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,846
Gross rental yield
12.11%
Implied cap rate
7.87%
Trend-extrapolated value

Frequently asked questions

When did 3273 Lake Dr last sell?
3273 Lake Dr most recently sold on May 11, 2022 for $381,000.
What is the current tax assessment for 3273 Lake Dr?
The most recent total assessment for 3273 Lake Dr (year 2025) is $193,400 with $5,355 in property tax.
How does 3273 Lake Dr's assessment compare to its last sale price?
The current assessment is 49.2% below the last sale price of $381,000.
When was 3273 Lake Dr built?
3273 Lake Dr was built in 1987.
How does 3273 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 3273 Lake Dr?
3273 Lake Dr is a 2 bed, 3 bath, 2,564 sqft condos.
Is 3273 Lake Dr a flip candidate?
Yes — 3273 Lake Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3273 Lake Dr a tax-appeal candidate?
No — 3273 Lake Dr 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
-3.0%
Implied 1-yr
-12.1%
2026 Q3
$455.7K
2026 Q4
$455.7K
ZIP 49506 — Median Price History + Forecast

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