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02040 Leonard St

Grand Rapids, MI 49534

4 bd 3 ba 2,285 sqft Built 1987 Lot 81,022 sqft single_family
Most recent sale
$445,500
Apr 12, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2024 Sold $445,500 MichRic
Mar 7, 2024 Listed $399,900 MichRic

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $121,200 $2,889
2021 $115,100 $2,776
2020 $110,200 $2,748
2019 $100,900 $2,696

Property facts

Year built
1987
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,285 sqft
Lot size
81,022 sqft
ZIP code
49534
City
Grand Rapids
Street
Leonard St
Coordinates
42.99333, -85.83727

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,428
Gross rental yield
9.23%
Implied cap rate
6.00%
Trend-extrapolated value

Frequently asked questions

When did 02040 Leonard St last sell?
02040 Leonard St most recently sold on Apr 12, 2024 for $445,500.
What is the current tax assessment for 02040 Leonard St?
The most recent total assessment for 02040 Leonard St (year 2022) is $121,200 with $2,889 in property tax.
How does 02040 Leonard St's assessment compare to its last sale price?
The current assessment is 72.8% below the last sale price of $445,500.
When was 02040 Leonard St built?
02040 Leonard St was built in 1987.
How does 02040 Leonard St compare to others on Leonard St?
We track 8 other properties on Leonard St. Browse the list under "Other properties on Leonard St" to compare beds, baths, and sale history.
What are the property facts for 02040 Leonard St?
02040 Leonard St is a 4 bed, 3 bath, 2,285 sqft, 81,022 sqft lot single_family.
Is 02040 Leonard St a flip candidate?
No — 02040 Leonard St does not appear in our flips dataset.
Is 02040 Leonard St a tax-appeal candidate?
No — 02040 Leonard St 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
+3.7%
Implied 1-yr
+14.9%
2026 Q3
$452.8K
2026 Q4
$466.3K
ZIP 49534 — Median Price History + Forecast

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