702 Spring Ave
Grand Rapids, MI 49503
3 bd 1 ba 1,412 sqft Built 1956 Lot 11,326 sqft single_family
Most recent sale
$275,000
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 27, 2022 | Sold | $275,000 | Public Record |
| May 23, 2022 | Sold | $275,000 | MichRic |
| Apr 20, 2022 | Listed | $210,000 | MLS #22013591 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $143,600 | $3,777 |
| 2023 | — | — | $110,800 | $3,753 |
| 2022 | — | — | $99,300 | $1,683 |
| 2021 | — | — | $90,300 | $1,550 |
| 2020 | — | — | $82,100 | $1,669 |
| 2019 | — | — | $72,500 | $1,648 |
| 2018 | — | — | $65,100 | $1,591 |
| 2017 | — | — | $66,800 | $1,549 |
| 2016 | — | — | $54,400 | $1,488 |
| 2015 | — | — | $51,700 | $1,458 |
| 2014 | — | — | $45,200 | $1,422 |
| 2013 | — | — | $42,900 | $1,348 |
| 2012 | — | — | $45,700 | $1,433 |
| 2011 | — | — | $50,600 | $1,527 |
| 2009 | — | — | $58,500 | $1,759 |
| 2008 | — | — | $70,900 | $2,143 |
| 2007 | — | — | $72,300 | $2,038 |
Property facts
Year built
1956
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,412 sqft
Lot size
11,326 sqft
ZIP code
49503
City
Grand Rapids
Street
Spring Ave
Coordinates
42.97512, -85.64261
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,118
Gross rental yield
9.24%
Implied cap rate
6.01%
Trend-extrapolated value
—
Frequently asked questions
When did 702 Spring Ave last sell?
702 Spring Ave most recently sold on May 27, 2022 for $275,000.
What is the current tax assessment for 702 Spring Ave?
The most recent total assessment for 702 Spring Ave (year 2025) is $143,600 with $3,777 in property tax.
How does 702 Spring Ave's assessment compare to its last sale price?
The current assessment is 47.8% below the last sale price of $275,000.
When was 702 Spring Ave built?
702 Spring Ave was built in 1956.
How does 702 Spring Ave compare to others on Spring Ave?
We track 8 other properties on Spring Ave. Browse the list under "Other properties on Spring Ave" to compare beds, baths, and sale history.
What are the property facts for 702 Spring Ave?
702 Spring Ave is a 3 bed, 1 bath, 1,412 sqft, 11,326 sqft lot single_family.
Is 702 Spring Ave a flip candidate?
No — 702 Spring Ave does not appear in our flips dataset.
Is 702 Spring Ave a tax-appeal candidate?
No — 702 Spring Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.9%
Implied 1-yr
+7.5%
2026 Q3
$432.4K
2026 Q4
$439.7K
ZIP 49503 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Spring Ave