702 Old Gate Rd
Grand Rapids, MI 49504
3 bd 1 ba 1,332 sqft Built 1953 Lot 11,761 sqft single_family
Most recent sale
$265,000
Sep 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 8, 2022 | Sold | $265,000 | Public Record |
| Aug 10, 2022 | Listed | $249,900 | MLS #22034271 |
| Jul 12, 2019 | Sold | $177,150 | Public Record |
| Jul 8, 2019 | Sold | $177,150 | MichRic |
| Aug 5, 2016 | Sold | $140,000 | Public Record |
| Jul 22, 2016 | Sold | $140,000 | MichRic |
| Jan 24, 2000 | Sold | $132,335 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $77,000 | $2,436 |
| 2020 | — | — | $73,800 | $2,621 |
| 2019 | — | — | $65,500 | $2,104 |
| 2018 | — | — | $57,300 | $2,033 |
| 2017 | — | — | $56,400 | $1,990 |
| 2016 | — | — | $51,000 | $1,525 |
| 2015 | — | — | $45,900 | $1,418 |
| 2014 | — | — | $43,700 | $1,383 |
| 2013 | — | — | $41,700 | $1,310 |
| 2012 | — | — | $41,000 | $1,286 |
| 2011 | — | — | $46,100 | $1,392 |
| 2009 | — | — | $51,500 | $1,549 |
| 2008 | — | — | $53,600 | $1,616 |
Property facts
Year built
1953
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,332 sqft
Lot size
11,761 sqft
ZIP code
49504
City
Grand Rapids
Street
Old Gate Rd
Coordinates
42.97737, -85.72073
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
$1,998
Gross rental yield
9.05%
Implied cap rate
5.88%
Trend-extrapolated value
—
Frequently asked questions
When did 702 Old Gate Rd last sell?
702 Old Gate Rd most recently sold on Sep 8, 2022 for $265,000.
What is the current tax assessment for 702 Old Gate Rd?
The most recent total assessment for 702 Old Gate Rd (year 2021) is $77,000 with $2,436 in property tax.
How does 702 Old Gate Rd's assessment compare to its last sale price?
The current assessment is 70.9% below the last sale price of $265,000.
When was 702 Old Gate Rd built?
702 Old Gate Rd was built in 1953.
How does 702 Old Gate Rd compare to others on Old Gate Rd?
We track 4 other properties on Old Gate Rd. Browse the list under "Other properties on Old Gate Rd" to compare beds, baths, and sale history.
What are the property facts for 702 Old Gate Rd?
702 Old Gate Rd is a 3 bed, 1 bath, 1,332 sqft, 11,761 sqft lot single_family.
Is 702 Old Gate Rd a flip candidate?
No — 702 Old Gate Rd does not appear in our flips dataset.
Is 702 Old Gate Rd a tax-appeal candidate?
No — 702 Old Gate Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.0%
Implied 1-yr
+8.0%
2026 Q3
$331.5K
2026 Q4
$337.4K
ZIP 49504 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Old Gate Rd