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1555 Lake Grove Ave

Grand Rapids, MI 49506

4 bd 3 ba 1,850 sqft Built 1951 Lot 7,187 sqft single_family
Most recent sale
$515,000
Mar 26, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 26, 2024 Sold $515,000 MichRic
Feb 27, 2024 Listed $515,000 MichRic
Jan 2, 2020 Sold $332,500 MichRic
Dec 6, 2019 Listed $349,900 MichRic
Feb 4, 2019 Sold $334,900 MichRic
Nov 30, 2018 Price changed $339,900 MichRic
Sep 30, 2018 Price changed $349,900 MichRic
Sep 10, 2018 Listed $369,900 MichRic
Aug 15, 2018 Listing removed $369,900 MichRic
Jul 29, 2018 Price changed $369,900 MichRic
Jul 18, 2018 Listed $379,000 MichRic
Jul 16, 2018 Listing removed $389,000 MichRic
Jun 25, 2018 Relisted $389,000 MichRic
May 22, 2018 Listing removed $389,000 MichRic
May 21, 2018 Price changed $389,000 MichRic
Mar 23, 2018 Price changed $399,900 MichRic
Mar 5, 2018 Listed $429,000 MichRic

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $197,900 $9,315
2021 $188,600 $9,078
2020 $158,000 $7,689
2019 $142,200 $5,135
2018 $139,900 $5,054
2017 $135,700 $4,972
2016 $127,900 $4,563
2015 $111,300 $4,835
2014 $100,300 $4,625
2013 $97,300 $4,248
2012 $93,800 $4,183
2011 $100,000 $4,269
2009 $96,400 $4,197
2008 $116,400 $4,014
2007 $117,000 $3,724

Property facts

Year built
1951
Property type
single_family
Stories
Beds
4
Baths
3
Living area
1,850 sqft
Lot size
7,187 sqft
ZIP code
49506
City
Grand Rapids
Street
Lake Grove Ave
Coordinates
42.93460, -85.60685

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,775
Gross rental yield
6.47%
Implied cap rate
4.20%
Trend-extrapolated value

Frequently asked questions

When did 1555 Lake Grove Ave last sell?
1555 Lake Grove Ave most recently sold on Mar 26, 2024 for $515,000.
What is the current tax assessment for 1555 Lake Grove Ave?
The most recent total assessment for 1555 Lake Grove Ave (year 2022) is $197,900 with $9,315 in property tax.
How does 1555 Lake Grove Ave's assessment compare to its last sale price?
The current assessment is 61.6% below the last sale price of $515,000.
When was 1555 Lake Grove Ave built?
1555 Lake Grove Ave was built in 1951.
How does 1555 Lake Grove Ave compare to others on Lake Grove Ave?
We track 3 other properties on Lake Grove Ave. Browse the list under "Other properties on Lake Grove Ave" to compare beds, baths, and sale history.
What are the property facts for 1555 Lake Grove Ave?
1555 Lake Grove Ave is a 4 bed, 3 bath, 1,850 sqft, 7,187 sqft lot single_family.
Is 1555 Lake Grove Ave a flip candidate?
No — 1555 Lake Grove Ave does not appear in our flips dataset.
Is 1555 Lake Grove Ave a tax-appeal candidate?
No — 1555 Lake Grove 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
-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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