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47 Banner St

Grand Rapids, MI 49507

3 bd 2 ba 1,632 sqft Built 1921 Lot 5,227 sqft single_family
Most recent sale
$130,000
Aug 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 25, 2026 Listed $225,000 MichRic
Aug 23, 2022 Sold $130,000 Public Record
Jul 20, 2022 Sold $130,000 MichRic
May 2, 2022 Listed $134,900 MLS #22015680
Jul 22, 2019 Sold $118,500 Public Record
Jul 15, 2019 Sold $118,500 MichRic
Jun 4, 2013 Listing removed $21,000 MichRic
May 24, 2013 Listed $21,000 MLS #13030233
May 30, 2012 Sold $56,142 Public Record
May 21, 2007 Sold $83,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $45,500 $1,341
2020 $41,300 $1,444
2019 $36,400 $1,099
2018 $30,500 $1,099
2017 $26,800 $764
2016 $24,300 $774
2015 $24,500 $720
2014 $21,500 $1,093
2013 $21,400 $1,061
2012 $26,900 $3,153
2011 $30,000 $2,057
2009 $39,200 $1,179
2008 $44,100 $1,333

Property facts

Year built
1921
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,632 sqft
Lot size
5,227 sqft
ZIP code
49507
City
Grand Rapids
Street
Banner St
Coordinates
42.92333, -85.66834

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$780
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 47 Banner St last sell?
47 Banner St most recently sold on Aug 23, 2022 for $130,000.
What is the current tax assessment for 47 Banner St?
The most recent total assessment for 47 Banner St (year 2021) is $45,500 with $1,341 in property tax.
How does 47 Banner St's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $130,000.
When was 47 Banner St built?
47 Banner St was built in 1921.
How does 47 Banner St compare to others on Banner St?
We track 8 other properties on Banner St. Browse the list under "Other properties on Banner St" to compare beds, baths, and sale history.
What are the property facts for 47 Banner St?
47 Banner St is a 3 bed, 2 bath, 1,632 sqft, 5,227 sqft lot single_family.
Is 47 Banner St a flip candidate?
No — 47 Banner St does not appear in our flips dataset.
Is 47 Banner St a tax-appeal candidate?
No — 47 Banner St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.8%
Implied 1-yr
+11.2%
2026 Q3
$273.4K
2026 Q4
$279.9K
ZIP 49507 — Median Price History + Forecast

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