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1862 Sherman St

Grand Rapids, MI 49506

5 bd 4 ba 2,866 sqft Built 1927 Lot 9,017 sqft single_family
Most recent sale
$775,000
Aug 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 9, 2022 Sold $775,000 Public Record
Aug 3, 2022 Sold $775,000 MichRic
Jun 23, 2022 Price changed $819,900 MLS #22023059
Jun 9, 2022 Listed $849,900 MLS #22023059
Nov 2, 2018 Sold $596,250 Public Record
Oct 29, 2018 Sold $596,250 MichRic
Aug 25, 2018 Price changed $635,000 MLS #18037515
Aug 2, 2018 Listed $650,000 MLS #18037515

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $344,000 $19,439
2020 $324,900 $20,312
2019 $299,000 $20,020
2018 $277,600 $7,558
2017 $257,800 $7,057
2016 $230,500 $6,671
2015 $210,100 $6,626
2014 $201,900 $6,340
2013 $190,000 $5,822
2012 $184,400 $5,733
2011 $192,600 $5,575
2009 $184,500 $5,259
2008 $191,900 $5,206

Property facts

Year built
1927
Property type
single_family
Stories
Beds
5
Baths
4
Living area
2,866 sqft
Lot size
9,017 sqft
ZIP code
49506
City
Grand Rapids
Street
Sherman St
Coordinates
42.95238, -85.62238

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,299
Gross rental yield
6.66%
Implied cap rate
4.33%
Trend-extrapolated value

Frequently asked questions

When did 1862 Sherman St last sell?
1862 Sherman St most recently sold on Aug 9, 2022 for $775,000.
What is the current tax assessment for 1862 Sherman St?
The most recent total assessment for 1862 Sherman St (year 2021) is $344,000 with $19,439 in property tax.
How does 1862 Sherman St's assessment compare to its last sale price?
The current assessment is 55.6% below the last sale price of $775,000.
When was 1862 Sherman St built?
1862 Sherman St was built in 1927.
How does 1862 Sherman St compare to others on Sherman St?
We track 8 other properties on Sherman St. Browse the list under "Other properties on Sherman St" to compare beds, baths, and sale history.
What are the property facts for 1862 Sherman St?
1862 Sherman St is a 5 bed, 4 bath, 2,866 sqft, 9,017 sqft lot single_family.
Is 1862 Sherman St a flip candidate?
No — 1862 Sherman St does not appear in our flips dataset.
Is 1862 Sherman St a tax-appeal candidate?
No — 1862 Sherman St 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
-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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