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221 Palmer St

Rives Junction, MI 49277

4 bd 1 ba 1,346 sqft Built 1800 Lot 8,712 sqft single_family
Most recent sale
$57,500
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2022 Sold $57,500 MLS #264910
May 5, 2022 Sold $57,500 MichRic
Mar 29, 2022 Listed $54,900 MLS #22010197

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $60,800 $2,040
2023 $56,400 $1,683
2022 $48,300 $792
2021 $39,000 $894
2020 $34,600 $1,100
2019 $34,000 $1,076
2018 $29,200 $1,059
2017 $28,000 $1,011
2016 $25,800 $993
2015 $25,100 $607
2014 $25,500 $595
2013 $25,200 $589

Property facts

Year built
1800
Property type
single_family
Stories
1
Beds
4
Baths
1
Living area
1,346 sqft
Lot size
8,712 sqft
ZIP code
49277
City
Rives Junction
Street
Palmer St
Coordinates
42.38409, -84.46085

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
$345
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 221 Palmer St last sell?
221 Palmer St most recently sold on May 13, 2022 for $57,500.
What is the current tax assessment for 221 Palmer St?
The most recent total assessment for 221 Palmer St (year 2025) is $60,800 with $2,040 in property tax.
How does 221 Palmer St's assessment compare to its last sale price?
The current assessment is 5.7% above the last sale price of $57,500.
When was 221 Palmer St built?
221 Palmer St was built in 1800.
How does 221 Palmer St compare to others on Palmer St?
We track 7 other properties on Palmer St. Browse the list under "Other properties on Palmer St" to compare beds, baths, and sale history.
What are the property facts for 221 Palmer St?
221 Palmer St is a 4 bed, 1 bath, 1,346 sqft, 8,712 sqft lot single_family.
Is 221 Palmer St a flip candidate?
No — 221 Palmer St does not appear in our flips dataset.
Is 221 Palmer St a tax-appeal candidate?
No — 221 Palmer 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
+3.0%
Implied 1-yr
+12.0%
2025 Q4
$259.8K
2026 Q1
$266.4K
ZIP 49277 — Median Price History + Forecast

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