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CondominiumResidential
$421,692$283 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $225,000 on Sep 22, 2016

2027 N TERRACE LN NE

GRAND RAPIDS, MI 49505
1
Beds
2.5
Baths
1,491 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1996
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$422K
$406K low$438K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$225,000 · Sep 22, 2016

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,528 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$201,500 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$203,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$403,000

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.34
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
5
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
61
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
75
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
29
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyKENT
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 86 ft²Porch · 23 ft²

Transaction History(6)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Kent Hills Elementary SchoolD
Elementary · Grades PK–5 · 1.6 mi
M
City High Middle SchoolA
Middle · Grades 7–12 · 2.1 mi

District: Grand Rapids Public Schools

Neighborhood · ZIP 49505These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.127
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.76
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.15

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.31%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.32,605
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,625 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$68,110
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$82,949
Average tempThe average temperature here across a full year.47°F
Annual precipHow much rain and melted snow falls here in a typical year.37 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.46%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

2027 N Terrace Ln Ne measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 90% of homes in Grand Rapids 49505
  • Costs more per square foot than 80% of homes in Grand Rapids 49505
  • Bigger than 73% of homes in Grand Rapids 49505
  • Newer than 92% of homes in Grand Rapids 49505

What homes are worth in Grand Rapids 49505

Each bar is how many homes fall in that price range. The marker is this home.

This home
$174K$558K

This home is worth more than 90% of homes in Grand Rapids 49505.

How it measures up in Grand Rapids 49505

The dot is this home. The mark in the middle is the typical home in Grand Rapids 49505.

Estimated value$421,692
CheaperTypical $295,618Pricier

Pricier than 90% of homes nearby

Price per ft²$283
CheaperTypical $241Pricier

Pricier than 80% of homes nearby

Living area1,491 ft²
SmallerTypical 1,253 ft²Bigger

Bigger than 73% of homes nearby

Year built1996
OlderTypical 1951Newer

Newer than 92% of homes nearby

How 2027 N Terrace Ln Ne ranks against every home in each area.
MeasureThis homeNortheastGrand Rapids 49505Kent County
Estimated valuepricier than$421,69283% of homes90% of homes69% of homes
Price per ft²pricier than$28366% of homes80% of homes71% of homes
Living areabigger than1,491 ft²71% of homes73% of homes54% of homes
Year builtnewer than199684% of homes92% of homes78% of homes

About 2027 N Terrace Ln Ne

How much is 2027 N Terrace Ln Ne, Grand Rapids, MI worth?

The TopHap Estimate for 2027 N Terrace Ln Ne, Grand Rapids, MI is $421,692 as of Aug 30, 2026. The likely range is $405,844 to $437,540. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 2027 N Terrace Ln Ne, Grand Rapids, MI last sell?

2027 N Terrace Ln Ne, Grand Rapids, MI last sold on Sep 22, 2016 for $225,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 2027 N Terrace Ln Ne, Grand Rapids, MI?

2027 N Terrace Ln Ne, Grand Rapids, MI has 1 bedrooms, 2.5 bathrooms and 1,491 square feet of living space.

When was 2027 N Terrace Ln Ne, Grand Rapids, MI built?

2027 N Terrace Ln Ne, Grand Rapids, MI was built in 1996, making it 30 years old. It is a condo/apartment home. The building has 1 story.

What schools serve 2027 N Terrace Ln Ne, Grand Rapids, MI?

2027 N Terrace Ln Ne, Grand Rapids, MI is assigned to Kent Hills Elementary School (elementary), rated D; City High Middle School (middle), rated A. All sit in Grand Rapids Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 2027 N Terrace Ln Ne, Grand Rapids, MI compare to other homes in Grand Rapids 49505?

Among the 10,611 homes in Grand Rapids 49505, it is worth more than 90% of them ($421,692 against a typical $295,618), its price per square foot is higher than 80% of them ($283 against a typical $241), it is bigger than 73% of them (1,491 ft² against a typical 1,253 ft²) and it is newer than 92% of them (1996 against a typical 1951). Measured against all of Kent County, it is worth more than 69% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 2027 N Terrace Ln Ne, Grand Rapids, MI?

The 2025 property tax bill for 2027 N Terrace Ln Ne, Grand Rapids, MI was $4,528. The county assessed it at $201,500.

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