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2156 Ter Van Dr

Grand Rapids, MI 49505

2 bd 2 ba 1,072 sqft Built 1989 condos
Most recent sale
$216,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 10, 2025 Sold $279,900 MichRic
Aug 1, 2022 Sold $216,000 Public Record
Jul 27, 2022 Sold $216,000 MichRic
Aug 25, 2008 Sold $121,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $81,100 $1,388
2020 $77,200 $1,494
2019 $68,700 $1,475
2018 $67,100 $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 $58,200 $1,757
2009 $61,500 $1,850
2008 $64,100 $1,638

Property facts

Year built
1989
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,072 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 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,608
Gross rental yield
8.93%
Implied cap rate
5.81%
Trend-extrapolated value

Frequently asked questions

When did 2156 Ter Van Dr last sell?
2156 Ter Van Dr most recently sold on Aug 1, 2022 for $216,000.
What is the current tax assessment for 2156 Ter Van Dr?
The most recent total assessment for 2156 Ter Van Dr (year 2021) is $81,100 with $1,388 in property tax.
How does 2156 Ter Van Dr's assessment compare to its last sale price?
The current assessment is 62.5% below the last sale price of $216,000.
When was 2156 Ter Van Dr built?
2156 Ter Van Dr was built in 1989.
How does 2156 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 2156 Ter Van Dr?
2156 Ter Van Dr is a 2 bed, 2 bath, 1,072 sqft condos.
Is 2156 Ter Van Dr a flip candidate?
No — 2156 Ter Van Dr does not appear in our flips dataset.
Is 2156 Ter Van Dr a tax-appeal candidate?
No — 2156 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 valuation
Quarterly trend
+1.8%
Implied 1-yr
+7.1%
2026 Q3
$341.1K
2026 Q4
$346.5K
ZIP 49505 — Median Price History + Forecast

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