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561 Lane Ave; Grand Rapids, MI Property Details

561 Lane Ave, Grand Rapids, MI is a Single Family that was built in 1870. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 561 Lane Ave has 2 bedrooms, and 1 bathroom, and a total of 1,036 square feet. The lot size of 561 Lane Ave is 629 square feet.

Off market
561 Lane Ave NW Grand Rapids, MI 49504
$212,900 Listing Price
2 Beds
1 Baths
1,036 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1870
  • Purchase Price: $12,250
  • Open Loans / Balance: 2 / $47,222
  • Est. Equity / %: $215,778 / 82.04%
  • Gross Yield: 7.268%
  • APN: 41-13-23-453-022
  • Situs County: Kent
  • Length Of Ownership: 15 years, 8 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Stories: 1
  • Roof Type: Gable

Measurements

  • Total: 1,036/SqFt
  • Lot: 629/SqFt
  • Living: 1,036/SqFt
  • Basement: 1,036/SqFt
  • Building: 1,036/SqFt
  • Ground: 1,036/SqFt
  • Basement Unfinished: 1,036/SqFt
  • Price Per Square Foot: $11.82

Legal Description

  • Description: 411323453022 LOT 421 EX S 2.2 FT OF E 128 FT * PANFIL'S ASSESSOR'S PLAT NO.22 SPLIT ON 12/06/2010 FROM 41-13-23-453-020,
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Grand Rapids Public Schools
  • Lat / Lon: 42.97387 / -85.69288
  • Subdivision: Panfil'S Assessor'S Plat No.22 Split On
  • Property Class: Residential
  • Zoning: TN-MDR
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5016
  • Bathroom Fixtures: 1
  • Heating: Forced air unit

Ownership Info

561 Lane Ave NW has no associated ownership info
561 Lane Ave NW has no associated ownership info.

Taxes

561 Lane Ave NW has 8 associated Taxes items

561 Lane Ave, Grand Rapids, MI pays taxes in Kent County, MI. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $98,100. The APN we've located for 561 Lane Ave is 41-13-23-453-022.

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Taxes
  • Assessed Value:  $98,100
  • Assessed Year:  2026
  • Assessed County:  Kent
  • APN:  41-13-23-453-022
  • Tax Amount:  1969.1
  • Tax Year:  2025
  • Market Value:  196200
  • Market Year:  2026

Tax History

561 Lane Ave NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $98,100 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,969.1 Change Rate +0.067263% Assessed CR Tax Rate
Year 2024 Assessed Value $75,700 Land Value Improvement Value Tax Amount $1,845 Change Rate +0.046013% Assessed CR Tax Rate +0.024373%
Year 2023 Assessed Value $62,700 Land Value Improvement Value Tax Amount $1,763.84 Change Rate +0.054222% Assessed CR Tax Rate +0.028131%
Year 2022 Assessed Value $57,800 Land Value Improvement Value Tax Amount $1,673.12 Change Rate -0.011509% Assessed CR Tax Rate +0.028947%
Year 2021 Assessed Value $47,400 Land Value Improvement Value Tax Amount $1,692.6 Change Rate +0.033094% Assessed CR Tax Rate +0.035709%
Year 2020 Assessed Value $40,600 Land Value Improvement Value Tax Amount $1,638.38 Change Rate -0.022668% Assessed CR Tax Rate +0.040354%
Year 2019 Assessed Value $38,600 Land Value Improvement Value Tax Amount $1,676.38 Change Rate Assessed CR Tax Rate +0.04343%
Year 2018 Assessed Value $30,700 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $28,600 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $29,000 Land Value Improvement Value Tax Amount $1,428.78 Change Rate +0.049524% Assessed CR Tax Rate +0.049268%
Year 2015 Assessed Value $29,000 Land Value Improvement Value Tax Amount $1,361.36 Change Rate Assessed CR Tax Rate +0.046943%
Year 2013 Assessed Value $25,800 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate