The property at 550 Prospect Avenue SE, Grand Rapids, MI 49503, built in 1912, is a 2,046 square foot Single Family and has 4 bedrooms and 1 bathrooms. It is situated on a lot that is 7,841 square feet and was last tax assessed in 2021 for a valuation of $443,400
The estimate for this property has experienced a 6.13% increase in the past 6 months reaching a value of $560,035.
- MI
- Grand Rapids
- 550 Prospect Ave SE
- Parcel Number41-14-31-135-046
- CountyKENT
- Stories2
Property Tax History
Source: Public Records
| Year | Assessment |
|---|---|
| 2021 | $170,900 +23.84% |
| 2020 | $138,000 -5.61% |
| 2019 | $146,200 +21.43% |
| 2017 | $120,400 +9.85% |
| 2016 | $109,600 +2.72% |
| 2015 | $106,700 +6.49% |
| 2014 | $100,200 +38.97% |
| 2012 | $72,100 |
Valuation History
Source: Public Records
| Month | Valuation | Single Family Homes Sold | Median Sales Price/Sqft |
|---|---|---|---|
| Nov 2025 | $560,035 | - | - |
| Oct 2025 | $550,178 | - | - |
| Sep 2025 | $548,771 | - | - |
| Aug 2025 | $564,341 | - | - |
| Jul 2025 | $548,096 | - | - |
| Jun 2025 | $538,355 | - | - |
| May 2025 | $544,180 | - | - |
| Apr 2025 | $527,710 | - | - |
| Mar 2025 | $516,986 | - | - |
| Feb 2025 | $522,709 | - | - |
| Jan 2025 | $495,250 | - | - |
| Dec 2024 | $498,066 | - | - |
| Nov 2024 | $470,283 | - | - |
| Oct 2024 | $459,245 | - | - |
| Sep 2024 | $463,573 | - | - |
| Aug 2024 | $453,468 | - | - |
| Jul 2024 | $433,615 | - | - |
| Jun 2024 | $426,978 | - | - |
| May 2024 | $430,275 | - | - |
| Apr 2024 | $430,396 | - | - |
| Mar 2024 | $413,976 | - | - |
| Feb 2024 | $421,473 | - | - |
| Jan 2024 | $406,895 | - | - |
| Dec 2023 | $419,135 | - | - |
| Nov 2023 | $425,085 | - | - |
| Oct 2023 | $423,640 | - | - |
| Sep 2023 | $446,973 | - | - |
| Aug 2023 | $388,562 | - | - |
| Jul 2023 | $412,471 | - | - |
| Jun 2023 | $416,909 | - | - |
| May 2023 | $420,268 | - | - |
| Apr 2023 | $409,004 | - | - |
| Mar 2023 | $412,503 | - | - |
| Feb 2023 | $368,100 | - | - |
| Jan 2023 | $371,300 | - | - |
| Dec 2022 | $367,500 | - | - |
*Market History, including Median Sales Price per square foot, and Single Family Homes Sold is based on historical data of Zip Code: 49503 - MI
Property Listing History
| Status | Listing Date | MLS ID |
|---|---|---|
| Closed | 06/16/2022 | 22024450 |
| Closed | 06/07/2019 | 19025623 |
| Closed | 06/16/2022 | 65022024450 |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 42,017 | 203,372 | 663,062 | 335,858,263 |
| Population Density | 5,769 | 4,581 | 783 | 95 |
| People per Household | 2.3 | 2.5 | 2.6 | 2.6 |
| Median Age | 34.2 | 35.1 | 37.3 | 39.1 |
| Median Income | $51,250 | $53,247 | $65,203 | $66,222 |
| Average Income | $31,148 | $27,464 | $33,457 | $35,475 |
| Cost of Living Index | 85 | 93 | 102 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 15.6°F | 15.6°F | 15.6°F | 22.6°F |
| July Avg. High Temp | 82.3°F | 82.3°F | 82.3°F | 86.2°F |
| Annual Precipitation | 37.13" | 37.13" | 37.13" | 38" |
Click Zestimate price to view details on Zillow. Zestimate data is provided "as is" via the Zestimate API. © Zillow, Inc., 2006-2022. Use is subject to Terms of Use.
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