881 Leonard St
Grand Rapids, MI 49503
2 bd 1 ba 1,486 sqft Built 1930 Lot 7,405 sqft single_family
Most recent sale
$155,000
Aug 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 4, 2025 | Sold | $227,500 | MichRic |
| Aug 31, 2022 | Sold | $155,000 | Public Record |
| Aug 15, 2022 | Sold | $155,000 | MichRic |
| Jun 23, 2022 | Listed | $164,900 | MLS #22025721 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $53,800 | $1,195 |
| 2020 | — | — | $49,300 | $1,288 |
| 2019 | — | — | $44,000 | $73 |
| 2018 | — | — | $41,100 | $1,869 |
| 2017 | — | — | $45,400 | $1,195 |
| 2016 | — | — | $39,700 | $1,210 |
| 2015 | — | — | $37,000 | $1,125 |
| 2014 | — | — | $35,600 | $1,097 |
| 2013 | — | — | $34,200 | $1,040 |
| 2012 | — | — | $34,200 | $1,013 |
| 2011 | — | — | $37,900 | $950 |
| 2009 | — | — | $42,900 | $933 |
| 2008 | — | — | $38,100 | $898 |
Property facts
Year built
1930
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,486 sqft
Lot size
7,405 sqft
ZIP code
49503
City
Grand Rapids
Street
Leonard St
Coordinates
42.98474, -85.64648
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$930
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 881 Leonard St last sell?
881 Leonard St most recently sold on Aug 31, 2022 for $155,000.
What is the current tax assessment for 881 Leonard St?
The most recent total assessment for 881 Leonard St (year 2021) is $53,800 with $1,195 in property tax.
How does 881 Leonard St's assessment compare to its last sale price?
The current assessment is 65.3% below the last sale price of $155,000.
When was 881 Leonard St built?
881 Leonard St was built in 1930.
How does 881 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 881 Leonard St?
881 Leonard St is a 2 bed, 1 bath, 1,486 sqft, 7,405 sqft lot single_family.
Is 881 Leonard St a flip candidate?
No — 881 Leonard St does not appear in our flips dataset.
Is 881 Leonard St a tax-appeal candidate?
No — 881 Leonard St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.9%
Implied 1-yr
+7.5%
2026 Q3
$432.4K
2026 Q4
$439.7K
ZIP 49503 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Leonard St