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565 Lane Ave

Grand Rapids, MI 49504

3 bd 1 ba 1,085 sqft Built 1880 Lot 6,993 sqft single_family
Most recent sale
$185,000
Apr 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 14, 2022 Sold $185,000 Public Record
Apr 11, 2022 Sold $185,000 MichRic
Mar 23, 2022 Listed $159,000 MLS #22009249
Jul 10, 2019 Sold $124,000 Public Record
Jul 3, 2019 Sold $124,000 MichRic

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $96,200 $3,613
2023 $67,200 $3,498
2022 $61,900 $2,367
2021 $50,700 $2,219
2020 $43,600 $2,317
2019 $41,300 $1,713
2018 $36,500 $1,091
2017 $33,400 $1,062
2016 $32,500 $1,075
2015 $33,100 $1,000
2014 $31,400 $975
2013 $29,400 $924
2012 $29,300 $919
2011 $32,200 $863
2009 $39,000 $848
2008 $40,500 $817
2007 $40,500 $764

Property facts

Year built
1880
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,085 sqft
Lot size
6,993 sqft
ZIP code
49504
City
Grand Rapids
Street
Lane Ave
Coordinates
42.97398, -85.69296

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,628
Gross rental yield
10.56%
Implied cap rate
6.86%
Trend-extrapolated value

Frequently asked questions

When did 565 Lane Ave last sell?
565 Lane Ave most recently sold on Apr 14, 2022 for $185,000.
What is the current tax assessment for 565 Lane Ave?
The most recent total assessment for 565 Lane Ave (year 2025) is $96,200 with $3,613 in property tax.
How does 565 Lane Ave's assessment compare to its last sale price?
The current assessment is 48.0% below the last sale price of $185,000.
When was 565 Lane Ave built?
565 Lane Ave was built in 1880.
How does 565 Lane Ave compare to others on Lane Ave?
We track 8 other properties on Lane Ave. Browse the list under "Other properties on Lane Ave" to compare beds, baths, and sale history.
What are the property facts for 565 Lane Ave?
565 Lane Ave is a 3 bed, 1 bath, 1,085 sqft, 6,993 sqft lot single_family.
Is 565 Lane Ave a flip candidate?
No — 565 Lane Ave does not appear in our flips dataset.
Is 565 Lane Ave a tax-appeal candidate?
No — 565 Lane 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
+2.0%
Implied 1-yr
+8.0%
2026 Q3
$331.5K
2026 Q4
$337.4K
ZIP 49504 — Median Price History + Forecast

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