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

Kent County property record for 40 Prospect Ave NE, Grand Rapids, MI 49503

Property Summary

Property TypeApartment House (2-4 Units)
Details8 ba · 8,290 sqft · built 1900
Lot Size0.457 acres (19,907 sqft)
OwnerCompany Name on File
Tax Bill$20,706 (2025)
Flood ZoneZone X (minimal risk)
APN41-14-30-185-004

Property Details

APN / Parcel Number

Primary APN41-14-30-185-004

Interior

Full Baths8 Baths
Half Baths2 Half Baths
Plumbing Fixtures9 Plumbing Fixtures
Total Rooms15 Rooms
Units20 Units
Stories2 Stories
Building Area8,290 sqft Total Area
1st Floor Area2,894 sqft
Basement Area2,894 sqft
Unfinished Basement2,894 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1900
Effective Year BuiltEffective 1900
Architectural StyleMulti-Family
Exterior MaterialStucco
Roof TypeHip
Lot Area19,907 sqft (0.457 acres)
Lot Dimensions195 ft deep x 102 ft wide
Garage Area920 sqft
Parking Spaces4 Parking Spaces
PorchPorch
Porch Area564 sqft
Total Buildings2 Buildings

Utilities, Heating & Cooling

Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Street Address40 PROSPECT AVE NE
CityGRAND RAPIDS
StateMI
Zip49503-5622
Property CategoryCommercial
Property TypeResidential > Multi-Unit > Apartment House (2-4 Units)
Local Zoning CodeTN-LDR
Legal DescriptionS 46 FT OF LOT 4 BLK 5 & N 56 FT OF LOT 5 BLK 5* KENDALL S ADDITION
Legal SubdivisionKENDALL S ADD
Legal Block5
Legal Lot Number4-5
JurisdictionKENT MI
Township / Civil DivisionGRAND RAPIDS
Census Block Group2
Census Block2000
Census Tract2100

Owner

40 Prospect Ave NE, a residential property, is owned by a company that acquired it in November 2013.

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

Owner of RecordCompany Name on File
Mailing Address3476 EASTMAN DR, FLUSHING, MI 48433-2473
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 7, 2013
Deed SaleNov 7, 2013
Prior SaleJul 8, 2005
Deed Document Number2013112781
Prior Transfer DateMay 24, 1996
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

The 2025 property tax bill for 40 Prospect Ave NE was $20,706.

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$484,100 (+4.76%)$968,200 (+4.76%)
2025$20,706.00$462,100$924,200
2023$406,000$812,000
2021$11,889.00

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

Flood

FEMA maps place 40 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 40 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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