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418 Homer St

Grand Rapids, MI 49505

3 bd 1 ba 1,242 sqft Built 1951 Lot 9,148 sqft single_family
Most recent sale
$330,000
Jul 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 25, 2022 Sold $330,000 Public Record
Jul 8, 2022 Sold $330,000 MichRic
Jun 7, 2022 Listed $299,900 MLS #22022392

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $96,200 $2,039
2020 $89,400 $2,196
2019 $83,700 $2,168
2018 $80,200 $2,094
2017 $75,800 $2,038
2016 $72,000 $2,063
2015 $65,500 $1,919
2014 $61,300 $1,871
2013 $58,700 $1,773
2012 $55,100 $1,728
2011 $57,000 $1,721
2009 $65,100 $1,767
2008 $68,600 $1,701

Property facts

Year built
1951
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,242 sqft
Lot size
9,148 sqft
ZIP code
49505
City
Grand Rapids
Street
Homer St
Coordinates
43.00931, -85.65827

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,863
Gross rental yield
6.77%
Implied cap rate
4.40%
Trend-extrapolated value

Frequently asked questions

When did 418 Homer St last sell?
418 Homer St most recently sold on Jul 25, 2022 for $330,000.
What is the current tax assessment for 418 Homer St?
The most recent total assessment for 418 Homer St (year 2021) is $96,200 with $2,039 in property tax.
How does 418 Homer St's assessment compare to its last sale price?
The current assessment is 70.8% below the last sale price of $330,000.
When was 418 Homer St built?
418 Homer St was built in 1951.
How does 418 Homer St compare to others on Homer St?
We do not currently track other properties on Homer St.
What are the property facts for 418 Homer St?
418 Homer St is a 3 bed, 1 bath, 1,242 sqft, 9,148 sqft lot single_family.
Is 418 Homer St a flip candidate?
No — 418 Homer St does not appear in our flips dataset.
Is 418 Homer St a tax-appeal candidate?
No — 418 Homer 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
+1.8%
Implied 1-yr
+7.1%
2026 Q3
$341.1K
2026 Q4
$346.5K
ZIP 49505 — Median Price History + Forecast

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