2312 New Town Dr
Grand Rapids, MI 49525
2 bd 2 ba 1,375 sqft Built 2011 condos
Most recent sale
$309,000
May 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 20, 2022 | Sold | $309,000 | Public Record |
| May 10, 2022 | Sold | $309,000 | MichRic |
| Apr 21, 2022 | Listed | $294,000 | MLS #22013872 |
| Feb 8, 2022 | Sold | $284,900 | Public Record |
| Feb 3, 2022 | Sold | $284,900 | MichRic |
| Dec 8, 2021 | Listed | $289,900 | MLS #21117593 |
| Jan 13, 2012 | Sold | $175,117 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $151,900 | $2,987 |
| 2023 | — | — | $133,900 | $3,867 |
| 2022 | — | — | $126,200 | $2,769 |
| 2021 | — | — | $118,300 | $1,931 |
| 2020 | — | — | $130,800 | $2,726 |
| 2019 | — | — | $111,100 | $2,685 |
| 2018 | — | — | $108,800 | $2,652 |
| 2017 | — | — | $107,900 | $2,640 |
| 2016 | — | — | $104,000 | $1,787 |
| 2015 | — | — | $107,800 | $2,507 |
| 2014 | — | — | $82,900 | $2,468 |
| 2013 | — | — | $88,400 | $2,495 |
| 2012 | — | — | $83,300 | $2,436 |
Property facts
Year built
2011
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,375 sqft
Lot size
—
ZIP code
49525
City
Grand Rapids
Street
New Town Dr
Coordinates
43.00000, -85.59992
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
$2,063
Gross rental yield
8.01%
Implied cap rate
5.21%
Trend-extrapolated value
—
Frequently asked questions
When did 2312 New Town Dr last sell?
2312 New Town Dr most recently sold on May 20, 2022 for $309,000.
What is the current tax assessment for 2312 New Town Dr?
The most recent total assessment for 2312 New Town Dr (year 2025) is $151,900 with $2,987 in property tax.
How does 2312 New Town Dr's assessment compare to its last sale price?
The current assessment is 50.8% below the last sale price of $309,000.
When was 2312 New Town Dr built?
2312 New Town Dr was built in 2011.
How does 2312 New Town Dr compare to others on New Town Dr?
We track 8 other properties on New Town Dr. Browse the list under "Other properties on New Town Dr" to compare beds, baths, and sale history.
What are the property facts for 2312 New Town Dr?
2312 New Town Dr is a 2 bed, 2 bath, 1,375 sqft condos.
Is 2312 New Town Dr a flip candidate?
No — 2312 New Town Dr does not appear in our flips dataset.
Is 2312 New Town Dr a tax-appeal candidate?
No — 2312 New Town Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.9%
Implied 1-yr
-3.5%
2026 Q3
$390.1K
2026 Q4
$386.5K
ZIP 49525 — Median Price History + Forecast
Explore nearby
Geography
Other properties on New Town Dr