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2331 Riverbank Ave

Grand Rapids, MI 49525

1 bd 2 ba 1,012 sqft Built 1950 Lot 17,424 sqft single_family
Most recent sale
$150,500
Aug 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 3, 2022 Sold $150,500 Public Record
Jul 26, 2022 Sold $150,500 MichRic
Jun 30, 2022 Listed $149,900 MLS #22027202
Oct 26, 2010 Sold $80,000 Public Record
Oct 24, 2010 Listing removed $109,700 MichRic
Aug 2, 2010 Listed $109,700 MLS #10037143

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $66,500 $874
2020 $57,400 $1,364
2019 $50,000 $1,345
2018 $47,500 $1,318
2017 $42,800 $1,284
2016 $38,000 $1,241
2015 $39,000 $1,228
2014 $38,200 $1,191
2013 $36,000 $1,152
2012 $39,500 $1,260
2011 $44,000 $1,235
2009 $49,500 $964
2008 $48,400 $924

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
1
Baths
2
Living area
1,012 sqft
Lot size
17,424 sqft
ZIP code
49525
City
Grand Rapids
Street
Riverbank Ave
Coordinates
43.06105, -85.61090

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,518
Gross rental yield
12.10%
Implied cap rate
7.87%
Trend-extrapolated value

Frequently asked questions

When did 2331 Riverbank Ave last sell?
2331 Riverbank Ave most recently sold on Aug 3, 2022 for $150,500.
What is the current tax assessment for 2331 Riverbank Ave?
The most recent total assessment for 2331 Riverbank Ave (year 2021) is $66,500 with $874 in property tax.
How does 2331 Riverbank Ave's assessment compare to its last sale price?
The current assessment is 55.8% below the last sale price of $150,500.
When was 2331 Riverbank Ave built?
2331 Riverbank Ave was built in 1950.
How does 2331 Riverbank Ave compare to others on Riverbank Ave?
We track 8 other properties on Riverbank Ave. Browse the list under "Other properties on Riverbank Ave" to compare beds, baths, and sale history.
What are the property facts for 2331 Riverbank Ave?
2331 Riverbank Ave is a 1 bed, 2 bath, 1,012 sqft, 17,424 sqft lot single_family.
Is 2331 Riverbank Ave a flip candidate?
No — 2331 Riverbank Ave does not appear in our flips dataset.
Is 2331 Riverbank Ave a tax-appeal candidate?
No — 2331 Riverbank 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
-0.9%
Implied 1-yr
-3.5%
2026 Q3
$390.1K
2026 Q4
$386.5K
ZIP 49525 — Median Price History + Forecast

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