127 Prospect Ave NE, Grand Rapids, MI 49503 Property Records

Kent County property record for 127 Prospect Ave NE, Grand Rapids, MI 49503

Property Summary

Property TypeApartment House (2-4 Units)
Details5,382 sqft · built 1879
Lot Size0.31 acres (13,504 sqft)
OwnerCompany Name on File
Last Sale$520,000 (Nov 2021)
Tax Bill$16,639 (2025)
Deeds & MortgagesNov 2021 Sale & Line of Credit
Flood ZoneZone X (minimal risk)
APN41-14-30-180-008

Property Details

APN / Parcel Number

Primary APN41-14-30-180-008

Interior

Units14 Units
Stories2 Stories
Building Area5,382 sqft Total Area

Exterior

Year BuiltBuilt 1879
Effective Year BuiltEffective 1879
Architectural StyleMulti-Family
Fire ResistanceFireproof Reinforced Concrete
Lot Area13,504 sqft (0.31 acres)
Lot Dimensions173 ft deep x 82 ft wide
Total Buildings2 Buildings

Utilities, Heating & Cooling

Heating SystemForced Air with A/C

Location & Zoning

Street Address127 PROSPECT AVE NE
CityGRAND RAPIDS
StateMI
Zip49503-3364
Property CategoryCommercial
Property TypeResidential > Multi-Unit > Apartment House (2-4 Units)
Local Zoning CodeTN-LDR
Legal DescriptionLOT 8 BLK 7* KENDALL S ADDITION
Legal SubdivisionKENDALL S ADD
Legal Block7
Legal Lot Number8
JurisdictionKENT MI
Township / Civil DivisionGRAND RAPIDS
Census Block Group1
Census Block1014
Census Tract2100

Owner

127 Prospect Ave NE, a residential property, is owned by a company that bought it in November 2021.

Source: Kent County records, as of September 18, 2026

Owner of RecordCompany Name on File
Mailing Address6757 CASCADE RD SE PMB # 214 # 214, 214, GRAND RAPIDS, MI 49546
Owner TypeCompany
VestingCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleNov 3, 2021 · Amount on File
Deed SaleNov 3, 2021 · Amount on File
Prior SaleOct 30, 2008 · Amount on File
Deed Document Number2021120142
Prior Transfer DateOct 17, 2008
Prior Transfer Doc0000095254
Record UpdatedOct 29, 2026

November 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionKENT MI
Recording DateNov 3, 2021
Property Address127 PROSPECT AVE NE, GRAND RAPIDS, MI 49503-3364
Document Number0000120142
Map ReferenceLB 1 PG 55
Instrument DateOct 28, 2021
Instrument20211103-0120142
Transaction TypeTransfer
Record UpdatedNov 25, 2022
Title CompanyIRONGATE TITLE AGENCY LLC, IRONGATE TITLE AGENCY LL

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$4,472.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address713 ALGER ST SW, 713, WYOMING, MI 49509-1589

Transferred To (Grantee/Buyer)

NameVerified Name
Address6757 CASCADE RD SE # 251, 251, GRAND RAPIDS, MI 49546-6849

Mortgage

Document Number0000120141
DateNov 3, 2021
Instrument20211103-0120141
Lender
NameBUILDER FINANCE INC
TypeMortgage Company
Agreement
TypeLine of Credit
AmountAmount on Record
Term179 Months
DueOct 28, 2036

Tax Assessment & Valuation

The 2025 property tax bill for 127 Prospect Ave NE was $16,639.

Source: Kent County assessment roll, as of September 18, 2026

Property Jurisdictions

TypeName
StateMichigan
CountyKent County
MunicipalityGrand Rapids City
Unified School DistrictGrand Rapids Public Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$398,400 (+5.26%)$796,800 (+5.26%)
2025$16,639.00$378,500$757,000
2023$325,600$651,200
2021$7,216.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 127 Prospect Ave NE in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective January 1, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 127 Prospect Ave NE has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemGRAND RAPIDS
serves 306,901 people · EPA ID MI0002790
Water SourceSurface water
Last State InspectionAug 2025
Lead7 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 369 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable · Fiber in parts of the area
2,000 / 2,000
Verizon
Fixed Wireless
1,000 / 75
AT&T
Fixed Wireless · DSL · Fiber in parts of the area
100 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: 123.NET, Metronet.

Nearby Properties on Prospect Ave NE

Nearby Streets

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