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1823 Prospect Ave

Grand Rapids, MI 49507

3 bd 2 ba 1,092 sqft Built 1920 Lot 4,792 sqft single_family
Most recent sale
$185,000
Aug 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 25, 2022 Sold $185,000 Public Record
Aug 11, 2022 Sold $185,000 MichRic
Jun 23, 2022 Listed $175,000 MLS #22025543
Sep 28, 2015 Sold $75,000 Public Record
Sep 25, 2015 Sold $75,000 MichRic

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $39,000 $660
2020 $32,000 $710
2019 $26,900 $701
2018 $22,900 $677
2017 $19,700 $659
2016 $18,900 $667
2015 $11,800 $603
2014 $15,300 $778
2013 $17,600 $5,128
2012 $22,900 $1,286
2011 $24,800 $1,200
2009 $30,000 $749
2008 $40,800 $721

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,092 sqft
Lot size
4,792 sqft
ZIP code
49507
City
Grand Rapids
Street
Prospect Ave
Coordinates
42.93041, -85.65975

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,638
Gross rental yield
10.62%
Implied cap rate
6.91%
Trend-extrapolated value

Frequently asked questions

When did 1823 Prospect Ave last sell?
1823 Prospect Ave most recently sold on Aug 25, 2022 for $185,000.
What is the current tax assessment for 1823 Prospect Ave?
The most recent total assessment for 1823 Prospect Ave (year 2021) is $39,000 with $660 in property tax.
How does 1823 Prospect Ave's assessment compare to its last sale price?
The current assessment is 78.9% below the last sale price of $185,000.
When was 1823 Prospect Ave built?
1823 Prospect Ave was built in 1920.
How does 1823 Prospect Ave compare to others on Prospect Ave?
We track 8 other properties on Prospect Ave. Browse the list under "Other properties on Prospect Ave" to compare beds, baths, and sale history.
What are the property facts for 1823 Prospect Ave?
1823 Prospect Ave is a 3 bed, 2 bath, 1,092 sqft, 4,792 sqft lot single_family.
Is 1823 Prospect Ave a flip candidate?
No — 1823 Prospect Ave does not appear in our flips dataset.
Is 1823 Prospect Ave a tax-appeal candidate?
No — 1823 Prospect 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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