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1050 Lake Michigan Dr

Grand Rapids, MI 49504

3 bd 2 ba 1,554 sqft Built 1927 Lot 3,684 sqft single_family
Most recent sale
$246,000
Sep 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 13, 2022 Sold $246,000 Public Record
Aug 30, 2022 Sold $246,000 MichRic
Jul 26, 2022 Price changed $239,900 MLS #22029605
Jul 17, 2022 Price changed $289,000 MLS #22029605
Jul 14, 2022 Listed $339,900 MLS #22029605

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $89,200 $1,384
2020 $76,600 $1,490
2019 $67,000 $1,472
2018 $54,300 $1,421
2017 $52,000 $1,383
2016 $48,000 $1,400
2015 $45,900 $1,302
2014 $42,800 $1,270
2013 $40,000 $1,203
2012 $37,400 $1,173
2011 $41,600 $1,256
2009 $52,300 $1,373
2008 $61,300 $1,322

Property facts

Year built
1927
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,554 sqft
Lot size
3,684 sqft
ZIP code
49504
City
Grand Rapids
Street
Lake Michigan Dr
Coordinates
42.96611, -85.69459

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,331
Gross rental yield
11.37%
Implied cap rate
7.39%
Trend-extrapolated value

Frequently asked questions

When did 1050 Lake Michigan Dr last sell?
1050 Lake Michigan Dr most recently sold on Sep 13, 2022 for $246,000.
What is the current tax assessment for 1050 Lake Michigan Dr?
The most recent total assessment for 1050 Lake Michigan Dr (year 2021) is $89,200 with $1,384 in property tax.
How does 1050 Lake Michigan Dr's assessment compare to its last sale price?
The current assessment is 63.7% below the last sale price of $246,000.
When was 1050 Lake Michigan Dr built?
1050 Lake Michigan Dr was built in 1927.
How does 1050 Lake Michigan Dr compare to others on Lake Michigan Dr?
We track 8 other properties on Lake Michigan Dr. Browse the list under "Other properties on Lake Michigan Dr" to compare beds, baths, and sale history.
What are the property facts for 1050 Lake Michigan Dr?
1050 Lake Michigan Dr is a 3 bed, 2 bath, 1,554 sqft, 3,684 sqft lot single_family.
Is 1050 Lake Michigan Dr a flip candidate?
No — 1050 Lake Michigan Dr does not appear in our flips dataset.
Is 1050 Lake Michigan Dr a tax-appeal candidate?
No — 1050 Lake Michigan 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
+2.0%
Implied 1-yr
+8.0%
2026 Q3
$331.5K
2026 Q4
$337.4K
ZIP 49504 — Median Price History + Forecast

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