2054 Ter Van Dr
Grand Rapids, MI 49505
2 bd 3 ba 1,168 sqft Built 1990 condos
Most recent sale
$225,000
May 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 2, 2022 | Sold | $225,000 | Public Record |
| Apr 15, 2022 | Sold | $225,000 | MichRic |
| Mar 9, 2022 | Listed | $199,900 | MLS #22007230 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $118,700 | $3,259 |
| 2023 | — | — | $95,600 | $3,238 |
| 2022 | — | — | $86,200 | $1,507 |
| 2021 | — | — | $81,600 | $1,388 |
| 2020 | — | — | $77,800 | $1,494 |
| 2019 | — | — | $69,100 | $1,475 |
| 2018 | — | — | $67,000 | $1,425 |
| 2017 | — | — | $64,300 | $1,387 |
| 2016 | — | — | $54,500 | $1,404 |
| 2015 | — | — | $50,000 | $1,306 |
| 2014 | — | — | $42,500 | $1,274 |
| 2013 | — | — | $38,400 | $1,207 |
| 2012 | — | — | $47,300 | $1,484 |
| 2011 | — | — | $58,100 | $1,754 |
| 2009 | — | — | $62,000 | $1,865 |
| 2008 | — | — | $69,200 | $1,941 |
| 2007 | — | — | $69,900 | $1,815 |
Property facts
Year built
1990
Property type
condos
Stories
1
Beds
2
Baths
3
Living area
1,168 sqft
Lot size
—
ZIP code
49505
City
Grand Rapids
Street
Ter Van Dr
Coordinates
43.00178, -85.61777
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,752
Gross rental yield
9.34%
Implied cap rate
6.07%
Trend-extrapolated value
—
Frequently asked questions
When did 2054 Ter Van Dr last sell?
2054 Ter Van Dr most recently sold on May 2, 2022 for $225,000.
What is the current tax assessment for 2054 Ter Van Dr?
The most recent total assessment for 2054 Ter Van Dr (year 2025) is $118,700 with $3,259 in property tax.
How does 2054 Ter Van Dr's assessment compare to its last sale price?
The current assessment is 47.2% below the last sale price of $225,000.
When was 2054 Ter Van Dr built?
2054 Ter Van Dr was built in 1990.
How does 2054 Ter Van Dr compare to others on Ter Van Dr?
We track 8 other properties on Ter Van Dr. Browse the list under "Other properties on Ter Van Dr" to compare beds, baths, and sale history.
What are the property facts for 2054 Ter Van Dr?
2054 Ter Van Dr is a 2 bed, 3 bath, 1,168 sqft condos.
Is 2054 Ter Van Dr a flip candidate?
No — 2054 Ter Van Dr does not appear in our flips dataset.
Is 2054 Ter Van Dr a tax-appeal candidate?
No — 2054 Ter Van Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.8%
Implied 1-yr
+7.1%
2026 Q3
$341.1K
2026 Q4
$346.5K
ZIP 49505 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Ter Van Dr