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2328 Monroe Ave

Grand Rapids, MI 49505

3 bd 1 ba 1,150 sqft Built 1946 Lot 7,754 sqft single_family
Most recent sale
$240,000
Apr 11, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2024 Sold $240,000 MichRic
Mar 25, 2024 Listed $199,900 MichRic

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $82,300 $1,565
2020 $75,300 $1,587
2019 $72,200 $1,567
2018 $68,400 $1,513
2017 $64,600 $1,473
2016 $59,400 $1,415
2015 $54,900 $1,387
2014 $44,400 $1,352
2013 $40,800 $1,282
2012 $43,300 $1,357
2011 $47,700 $1,440
2009 $51,800 $1,469
2008 $62,900 $1,414
2007 $62,900 $1,323

Property facts

Year built
1946
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,150 sqft
Lot size
7,754 sqft
ZIP code
49505
City
Grand Rapids
Street
Monroe Ave
Coordinates
43.00554, -85.66815

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,725
Gross rental yield
8.63%
Implied cap rate
5.61%
Trend-extrapolated value

Frequently asked questions

When did 2328 Monroe Ave last sell?
2328 Monroe Ave most recently sold on Apr 11, 2024 for $240,000.
What is the current tax assessment for 2328 Monroe Ave?
The most recent total assessment for 2328 Monroe Ave (year 2021) is $82,300 with $1,565 in property tax.
How does 2328 Monroe Ave's assessment compare to its last sale price?
The current assessment is 65.7% below the last sale price of $240,000.
When was 2328 Monroe Ave built?
2328 Monroe Ave was built in 1946.
How does 2328 Monroe Ave compare to others on Monroe Ave?
We track 8 other properties on Monroe Ave. Browse the list under "Other properties on Monroe Ave" to compare beds, baths, and sale history.
What are the property facts for 2328 Monroe Ave?
2328 Monroe Ave is a 3 bed, 1 bath, 1,150 sqft, 7,754 sqft lot single_family.
Is 2328 Monroe Ave a flip candidate?
No — 2328 Monroe Ave does not appear in our flips dataset.
Is 2328 Monroe Ave a tax-appeal candidate?
No — 2328 Monroe 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
+1.8%
Implied 1-yr
+7.1%
2026 Q3
$341.1K
2026 Q4
$346.5K
ZIP 49505 — Median Price History + Forecast

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