7056 Madison Ave
Grand Rapids, MI 49548
5 bd 3 ba 2,420 sqft Built 1954 Lot 12,632 sqft single_family
Most recent sale
$276,000
May 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 24, 2022 | Sold | $276,000 | Public Record |
| May 20, 2022 | Sold | $276,000 | MichRic |
| May 9, 2022 | Price changed | $275,000 | MLS #22015447 |
| Apr 30, 2022 | Listed | $292,500 | MLS #22015447 |
| Jul 18, 2019 | Sold | $125,000 | Public Record |
| Jul 2, 2019 | Sold | $125,000 | MichRic |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $75,000 | $1,438 |
Property facts
Year built
1954
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,420 sqft
Lot size
12,632 sqft
ZIP code
49548
City
Grand Rapids
Street
Madison Ave
Coordinates
42.83609, -85.65386
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,656
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7056 Madison Ave last sell?
7056 Madison Ave most recently sold on May 24, 2022 for $276,000.
What is the current tax assessment for 7056 Madison Ave?
The most recent total assessment for 7056 Madison Ave (year 2021) is $75,000 with $1,438 in property tax.
How does 7056 Madison Ave's assessment compare to its last sale price?
The current assessment is 72.8% below the last sale price of $276,000.
When was 7056 Madison Ave built?
7056 Madison Ave was built in 1954.
How does 7056 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 7056 Madison Ave?
7056 Madison Ave is a 5 bed, 3 bath, 2,420 sqft, 12,632 sqft lot single_family.
Is 7056 Madison Ave a flip candidate?
No — 7056 Madison Ave does not appear in our flips dataset.
Is 7056 Madison Ave a tax-appeal candidate?
No — 7056 Madison Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.6%
Implied 1-yr
+6.2%
2026 Q3
$240.6K
2026 Q4
$244K
ZIP 49548 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison Ave