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1563 Terrace St

Muskegon, MI 49442

3 bd 2 ba 1,315 sqft Built 1930 Lot 8,102 sqft single_family
Most recent sale
$77,340
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $77,340 Public Record
Aug 11, 2022 Listed $75,000 MLS #22034631
Feb 1, 2011 Listed $21,200 MLS #11006174
Oct 12, 2004 Sold $25,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $23,400 $207
2020 $18,800 $1,114
2019 $17,400 $1,219
2018 $18,000 $1,225
2017 $18,500 $1,037
2016 $18,000 $191
2015 $17,100 $988
2014 $16,100 $977
2013 $15,600 $916
2012 $15,900 $933
2011 $18,600 $1,076
2010 $19,000 $1,089
2009 $22,100 $1,808

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,315 sqft
Lot size
8,102 sqft
ZIP code
49442
City
Muskegon
Street
Terrace St
Coordinates
43.22404, -86.23838

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$464
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1563 Terrace St last sell?
1563 Terrace St most recently sold on Oct 14, 2022 for $77,340.
What is the current tax assessment for 1563 Terrace St?
The most recent total assessment for 1563 Terrace St (year 2021) is $23,400 with $207 in property tax.
How does 1563 Terrace St's assessment compare to its last sale price?
The current assessment is 69.7% below the last sale price of $77,340.
When was 1563 Terrace St built?
1563 Terrace St was built in 1930.
How does 1563 Terrace St compare to others on Terrace St?
We track 8 other properties on Terrace St. Browse the list under "Other properties on Terrace St" to compare beds, baths, and sale history.
What are the property facts for 1563 Terrace St?
1563 Terrace St is a 3 bed, 2 bath, 1,315 sqft, 8,102 sqft lot single_family.
Is 1563 Terrace St a flip candidate?
No — 1563 Terrace St does not appear in our flips dataset.
Is 1563 Terrace St a tax-appeal candidate?
No — 1563 Terrace 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
+3.5%
Implied 1-yr
+14.2%
2026 Q3
$218.1K
2026 Q4
$224.3K
ZIP 49442 — Median Price History + Forecast

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