338 Richard Ter
Grand Rapids, MI 49506
3 bd 2 ba 2,055 sqft Built 1900 Lot 5,053 sqft single_family
Most recent sale
$457,000
Sep 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 19, 2022 | Sold | $457,000 | Public Record |
| Sep 15, 2022 | Sold | $457,000 | MichRic |
| Aug 18, 2022 | Listed | $450,000 | MLS #22035544 |
| Aug 28, 2012 | Listing removed | $178,800 | MichRic |
| Apr 25, 2012 | Listed | $178,800 | MLS #12022529 |
| Oct 8, 2008 | Sold | $176,800 | Public Record |
| Mar 24, 2006 | Sold | $172,500 | Public Record |
| Feb 6, 2001 | Sold | $135,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $154,000 | $3,131 |
| 2020 | — | — | $136,100 | $3,372 |
| 2019 | — | — | $129,600 | $3,329 |
| 2018 | — | — | $111,300 | $3,215 |
| 2017 | — | — | $113,700 | $3,129 |
| 2016 | — | — | $100,500 | $3,167 |
| 2015 | — | — | $93,500 | $2,946 |
| 2014 | — | — | $93,600 | $2,873 |
| 2013 | — | — | $88,200 | $2,722 |
| 2012 | — | — | $84,600 | $2,653 |
| 2011 | — | — | $87,300 | $2,636 |
| 2009 | — | — | $87,400 | $2,540 |
| 2008 | — | — | $76,300 | $2,307 |
Property facts
Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,055 sqft
Lot size
5,053 sqft
ZIP code
49506
City
Grand Rapids
Street
Richard Ter
Coordinates
42.95651, -85.63465
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,083
Gross rental yield
8.10%
Implied cap rate
5.26%
Trend-extrapolated value
—
Frequently asked questions
When did 338 Richard Ter last sell?
338 Richard Ter most recently sold on Sep 19, 2022 for $457,000.
What is the current tax assessment for 338 Richard Ter?
The most recent total assessment for 338 Richard Ter (year 2021) is $154,000 with $3,131 in property tax.
How does 338 Richard Ter's assessment compare to its last sale price?
The current assessment is 66.3% below the last sale price of $457,000.
When was 338 Richard Ter built?
338 Richard Ter was built in 1900.
How does 338 Richard Ter compare to others on Richard Ter?
We track 1 other property on Richard Ter. Browse the list under "Other properties on Richard Ter" to compare beds, baths, and sale history.
What are the property facts for 338 Richard Ter?
338 Richard Ter is a 3 bed, 2 bath, 2,055 sqft, 5,053 sqft lot single_family.
Is 338 Richard Ter a flip candidate?
No — 338 Richard Ter does not appear in our flips dataset.
Is 338 Richard Ter a tax-appeal candidate?
No — 338 Richard Ter is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.0%
Implied 1-yr
-12.1%
2026 Q3
$455.7K
2026 Q4
$455.7K
ZIP 49506 — Median Price History + Forecast
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Geography
Other properties on Richard Ter