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1941 Madison Ave

Grand Rapids, MI 49507

3 bd 2 ba 1,706 sqft Built 1921 Lot 5,227 sqft single_family
Most recent sale
$209,500
Sep 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 14, 2022 Sold $209,500 Public Record
Jul 26, 2022 Listed $215,000 MLS #22031634
Oct 20, 2021 Price changed $189,000 MLS #21108301
Oct 5, 2021 Price changed $195,000 MLS #21108301
Sep 29, 2021 Listed $200,000 MLS #21108301
Apr 1, 2021 Sold $185,000 Public Record
Nov 2, 2015 Sold $84,900 Public Record
Oct 7, 2013 Price changed $88,900 MLS #13040868
Jul 10, 2013 Listed $89,900 MLS #13040868
Sep 17, 2010 Price changed $84,900 MLS #10034894
Jul 27, 2010 Listed $89,900 MLS #10034894
Jul 31, 2007 Sold $65,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $66,900 $1,155
2020 $54,900 $1,244
2019 $46,000 $1,228
2018 $40,300 $1,186
2017 $34,700 $1,155
2016 $33,100 $1,169
2015 $31,200 $977
2014 $29,200 $953
2013 $32,100 $1,009
2012 $43,300 $1,358
2011 $47,000 $1,419
2009 $57,200 $1,720
2008 $64,300 $1,944

Property facts

Year built
1921
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,706 sqft
Lot size
5,227 sqft
ZIP code
49507
City
Grand Rapids
Street
Madison Ave
Coordinates
42.92846, -85.65839

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,257
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1941 Madison Ave last sell?
1941 Madison Ave most recently sold on Sep 14, 2022 for $209,500.
What is the current tax assessment for 1941 Madison Ave?
The most recent total assessment for 1941 Madison Ave (year 2021) is $66,900 with $1,155 in property tax.
How does 1941 Madison Ave's assessment compare to its last sale price?
The current assessment is 68.1% below the last sale price of $209,500.
When was 1941 Madison Ave built?
1941 Madison Ave was built in 1921.
How does 1941 Madison Ave compare to others on Madison Ave?
We track 8 other properties on Madison Ave. Browse the list under "Other properties on Madison Ave" to compare beds, baths, and sale history.
What are the property facts for 1941 Madison Ave?
1941 Madison Ave is a 3 bed, 2 bath, 1,706 sqft, 5,227 sqft lot single_family.
Is 1941 Madison Ave a flip candidate?
No — 1941 Madison Ave does not appear in our flips dataset.
Is 1941 Madison Ave a tax-appeal candidate?
No — 1941 Madison 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
+2.8%
Implied 1-yr
+11.2%
2026 Q3
$273.4K
2026 Q4
$279.9K
ZIP 49507 — Median Price History + Forecast

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