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1048 Park St

Grand Rapids, MI 49525

4 bd 3 ba 2,143 sqft Built 1964 Lot 21,127 sqft single_family
Most recent sale
$323,000
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 27, 2022 Sold $323,000 Public Record
Apr 22, 2022 Sold $323,000 MichRic
Mar 24, 2022 Listed $325,000 MLS #22009448
Jul 7, 2020 Sold $234,000 Public Record
Mar 6, 2020 Sold $228,000 Public Record
Feb 21, 2020 Sold $228,000 MichRic
Feb 14, 2020 Relisted $214,900 MLS #19057027
Jan 11, 2020 Relisted $214,900 MLS #19057027
Dec 18, 2019 Relisted $214,900 MLS #19057027
Dec 4, 2019 Listed $214,900 MLS #19057027

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $225,900 $6,682
2023 $199,600 $6,761
2022 $174,500 $5,308
2021 $149,800 $4,797
2020 $136,100 $3,277
2019 $127,400 $3,236
2018 $116,700 $3,125
2017 $110,400 $3,042
2016 $102,900 $3,079
2015 $98,200 $2,863
2014 $91,100 $2,792
2013 $84,200 $2,646
2012 $84,200 $2,958
2011 $86,700 $3,973
2009 $88,300 $2,437
2008 $89,300 $3,757
2007 $91,100 $3,573

Property facts

Year built
1964
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,143 sqft
Lot size
21,127 sqft
ZIP code
49525
City
Grand Rapids
Street
Park St
Coordinates
43.02287, -85.64272

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,215
Gross rental yield
11.94%
Implied cap rate
7.76%
Trend-extrapolated value

Frequently asked questions

When did 1048 Park St last sell?
1048 Park St most recently sold on Apr 27, 2022 for $323,000.
What is the current tax assessment for 1048 Park St?
The most recent total assessment for 1048 Park St (year 2025) is $225,900 with $6,682 in property tax.
How does 1048 Park St's assessment compare to its last sale price?
The current assessment is 30.1% below the last sale price of $323,000.
When was 1048 Park St built?
1048 Park St was built in 1964.
How does 1048 Park St compare to others on Park St?
We track 8 other properties on Park St. Browse the list under "Other properties on Park St" to compare beds, baths, and sale history.
What are the property facts for 1048 Park St?
1048 Park St is a 4 bed, 3 bath, 2,143 sqft, 21,127 sqft lot single_family.
Is 1048 Park St a flip candidate?
Yes — 1048 Park St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1048 Park St a tax-appeal candidate?
No — 1048 Park 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
-0.9%
Implied 1-yr
-3.5%
2026 Q3
$390.1K
2026 Q4
$386.5K
ZIP 49525 — Median Price History + Forecast

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