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CondominiumResidential
$835,237$337 / 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 Jul 14, 2026
Last sold for $800,000 on Jun 30, 2025

3940 BALSAM WATERS DR NE

GRAND RAPIDS, MI 49525
5
Beds
3.5
Baths
2,481 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.
0.34 ac
Lot SizeThe size of the land the home sits on, from county records.
2015
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$835K
$798K low$873K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$800,000 · Jun 30, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$7,306 (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.$396,800 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$343,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$793,600

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.42
40
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
9
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.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.8 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
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
Lot (acres)The size of the land the home sits on, from county records.0.34
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

Transaction History(4)

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
Knapp Forest Elementary SchoolA+
Elementary · Grades KG–5 · 0.5 mi
M
Eastern Middle SchoolA-
Middle · Grades 6–8 · 2.4 mi
H
Eastern High SchoolA
High · Grades 9–12 · 2.4 mi

District: Forest Hills Public Schools

Neighborhood · ZIP 49525These 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.70
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.21

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.32%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.0%
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.31,139
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,263 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$96,767
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$130,666
Average tempThe average temperature here across a full year.47°F
Annual precipHow much rain and melted snow falls here in a typical year.36 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.46%

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

3940 Balsam Waters Dr 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 96% of homes in Kent County
  • Costs more per square foot than 90% of homes in Kent County
  • Bigger than 92% of homes in Kent County
  • Newer than 96% of homes in Kent County

What homes are worth in Grand Rapids 49525

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

This home
$181K$1.1M

This home is worth more than 93% of homes in Grand Rapids 49525.

How it measures up in Grand Rapids 49525

The dot is this home. The mark in the middle is the typical home in Grand Rapids 49525.

Estimated value$835,237
CheaperTypical $379,893Pricier

Pricier than 93% of homes nearby

Price per ft²$337
CheaperTypical $288Pricier

Pricier than 77% of homes nearby

Living area2,481 ft²
SmallerTypical 1,628 ft²Bigger

Bigger than 83% of homes nearby

Lot size0.34 ac
SmallerTypical 0.41 acBigger

Bigger than 38% of homes nearby

Year built2015
OlderTypical 1987Newer

Newer than 94% of homes nearby

How 3940 Balsam Waters Dr Ne ranks against every home in each area.
MeasureThis homeGrand Rapids 49525Kent County
Estimated valuepricier than$835,23793% of homes96% of homes
Price per ft²pricier than$33777% of homes90% of homes
Living areabigger than2,481 ft²83% of homes92% of homes
Lot sizebigger than0.34 ac38% of homes57% of homes
Year builtnewer than201594% of homes96% of homes

About 3940 Balsam Waters Dr Ne

How much is 3940 Balsam Waters Dr Ne, Grand Rapids, MI worth?

The TopHap Estimate for 3940 Balsam Waters Dr Ne, Grand Rapids, MI is $835,237 as of Jul 14, 2026. The likely range is $797,702 to $872,773. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3940 Balsam Waters Dr Ne, Grand Rapids, MI last sell?

3940 Balsam Waters Dr Ne, Grand Rapids, MI last sold on Jun 30, 2025 for $800,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 3940 Balsam Waters Dr Ne, Grand Rapids, MI?

3940 Balsam Waters Dr Ne, Grand Rapids, MI has 5 bedrooms, 3.5 bathrooms, 2,481 square feet of living space and a 0.34-acre lot.

When was 3940 Balsam Waters Dr Ne, Grand Rapids, MI built?

3940 Balsam Waters Dr Ne, Grand Rapids, MI was built in 2015, making it 11 years old. It is a condo/apartment home. The building has 2 stories.

What schools serve 3940 Balsam Waters Dr Ne, Grand Rapids, MI?

3940 Balsam Waters Dr Ne, Grand Rapids, MI is assigned to Knapp Forest Elementary School (elementary), rated A+; Eastern Middle School (middle), rated A-; Eastern High School (high), rated A. All sit in Forest Hills Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 3940 Balsam Waters Dr Ne, Grand Rapids, MI compare to other homes in Grand Rapids 49525?

Among the 10,150 homes in Grand Rapids 49525, it is worth more than 93% of them ($835,237 against a typical $379,893), its price per square foot is higher than 77% of them ($337 against a typical $288), it is bigger than 83% of them (2,481 ft² against a typical 1,628 ft²), its lot is bigger than 38% of them (0.34 ac against a typical 0.41 ac) and it is newer than 94% of them (2015 against a typical 1987). Measured against all of Kent County, it is worth more than 96% 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 3940 Balsam Waters Dr Ne, Grand Rapids, MI?

The 2025 property tax bill for 3940 Balsam Waters Dr Ne, Grand Rapids, MI was $7,306. The county assessed it at $396,800.

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