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823 Prospect Ave

Grand Rapids, MI 49503

3 bd 1 ba 1,467 sqft Built 1890 Lot 6,250 sqft single_family
Most recent sale
$152,000
Aug 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 11, 2022 Sold $152,000 Public Record
Aug 8, 2022 Sold $152,000 MichRic
May 23, 2022 Listed $160,000 MLS #22019722
Aug 2, 2013 Listing removed $20,000 MichRic
Jun 26, 2013 Listed $20,000 MLS #13037661

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $52,100 $1,493
2020 $46,300 $1,560
2019 $41,500 $1,636
2018 $31,000 $1,490
2017 $29,100 $1,453
2016 $32,300 $1,593
2015 $29,700 $1,518
2014 $31,700 $2,081
2013 $30,000 $1,098
2012 $30,200 $647
2011 $33,800 $606
2009 $41,900 $595
2008 $29,600 $573

Property facts

Year built
1890
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,467 sqft
Lot size
6,250 sqft
ZIP code
49503
City
Grand Rapids
Street
Prospect Ave
Coordinates
42.97812, -85.66111

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
$912
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 823 Prospect Ave last sell?
823 Prospect Ave most recently sold on Aug 11, 2022 for $152,000.
What is the current tax assessment for 823 Prospect Ave?
The most recent total assessment for 823 Prospect Ave (year 2021) is $52,100 with $1,493 in property tax.
How does 823 Prospect Ave's assessment compare to its last sale price?
The current assessment is 65.7% below the last sale price of $152,000.
When was 823 Prospect Ave built?
823 Prospect Ave was built in 1890.
How does 823 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 823 Prospect Ave?
823 Prospect Ave is a 3 bed, 1 bath, 1,467 sqft, 6,250 sqft lot single_family.
Is 823 Prospect Ave a flip candidate?
No — 823 Prospect Ave does not appear in our flips dataset.
Is 823 Prospect Ave a tax-appeal candidate?
No — 823 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
+1.9%
Implied 1-yr
+7.5%
2026 Q3
$432.4K
2026 Q4
$439.7K
ZIP 49503 — Median Price History + Forecast

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