NOT LISTED FOR SALE

47 Banner St SW Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $177,000 - $220,068

3 Beds
1 Bath
1,224 Sq Ft
$159/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $130,000 $106 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,219/month

29 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • High Speed Internet
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of July 2022

This home has great potential with 3 beds and a full bath. Nice open main floor layout. Fenced yard and a two-stall garage.

Last Agent to Sell the Property

Jeff Newberg

EXP Realty LLC License #6502375643 Listed on: 05/02/2022

EXP Realty LLC

Last Buyer's Agent

Todd Roesler

Coldwell Banker Schmidt Realtors License #6501352246

Coldwell Banker Schmidt Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,424

Year Built

  • Built in 1921

Lot Details

  • 5,271 Sq Ft Lot
  • Lot Dimensions are 40x132
  • Property is zoned R1, R1

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,224 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,424

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1921
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1224.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1424.0
  • Tax Info:Zoning3: R1
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Roofing:Shingle: Yes
  • Water Heater:Natural Gas4: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1224.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1224.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 816.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 134900.0
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Storm Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 40x132
  • Lot Size Sq Ft: 5271.0
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1424.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Jul 5, 2022
Sold by
Flagstar Bank Fsb
Bought by
Rademaker Connor Wames and Fuller Aynsley
Seller's Agent
Jeff Newberg
EXP Realty LLC
Buyer's Agent
Todd Roesler
Coldwell Banker Schmidt Realtors
List Price
$134,900
Sold Price
$130,000
Premium/Discount to List
-$4,900
-3.63%
Current Estimated Value
$194,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,017
Avg. Annual Appreciation
12.00%
Original Mortgage
$104,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2021
Sold by
Flagstar Bank
Bought by
Flagstar Bank

Purchase Details

Listed on
May 9, 2019
Closed on
Jul 15, 2019
Sold by
Herrera Torres David
Bought by
Herrera Torres David and Dodgen Janet
Seller's Agent
Javier Rodriguez
Lake Michigan Realty Mgmt
Buyer's Agent
Javier Rodriguez
Lake Michigan Realty Mgmt
List Price
$114,900
Sold Price
$118,500
Premium/Discount to List
$3,600
3.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$118,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2019
Sold by
Miranda Carmona Rita Hillari
Bought by
Carmona Cynthia

Purchase Details

Closed on
Apr 3, 2019
Sold by
Menjivar Sergio D Vasquez
Bought by
Miranda Carmona Rita Hillari

Purchase Details

Closed on
Apr 24, 2017
Sold by
Miranda Carmona Rita Hillari
Bought by
Menjivar Sergio D Vasquez

Purchase Details

Listed on
May 25, 2013
Closed on
Jul 8, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Miranda Carmona Rita Hilari
Seller's Agent
Carlos Hernandez
Harborland Realty LLC
Buyer's Agent
Carlos Hernandez
Harborland Realty LLC
List Price
$21,000
Sold Price
$26,100
Premium/Discount to List
$5,100
24.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.47%

Purchase Details

Closed on
Feb 5, 2013
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 18, 2012
Sold by
Deras Melvin
Bought by
Bank Of America Na

Purchase Details

Closed on
Apr 5, 2007
Sold by
Maldonado Sabas and Maldonado Rita
Bought by
Deras Melvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,707
Interest Rate
6.21%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 22, 2007
Sold by
Maldonado Leonarda
Bought by
Maldonado Sabas and Maldonado Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,707
Interest Rate
6.21%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2006
Sold by
Maldonado Sabas and Maldonado Rita
Bought by
Us Bank Na and Structured Asset Investment Loan Trust M

Purchase Details

Closed on
Jan 8, 2006
Sold by
Maldonado Sabas and Maldonado Rita
Bought by
Maldonado Leonarda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 7, 1997
Bought by
Maldonado Sabas and Maldonado Rita

Purchase Details

Closed on
Jun 3, 1985
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rademaker Connor Wames $130,000 --
Flagstar Bank $137,028 None Available
Herrera Torres David -- Sun Title Agency Of Mi Llc
Herrera Torres David $118,500 Sun Title Agency Of Mi Llc
Carmona Cynthia -- None Available
Miranda Carmona Rita Hillari -- None Available
Menjivar Sergio D Vasquez -- None Available
Miranda Carmona Rita Hilari $26,100 None Available
The Secretary Of Housing & Urban Develop -- None Available
Bank Of America Na $101,289 None Available
Deras Melvin $83,000 None Available
Maldonado Sabas -- None Available
Us Bank Na $52,727 None Available
Maldonado Leonarda -- None Available
Maldonado Sabas $39,000 --
-- $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rademaker Connor Wames $104,000
Previous Owner Herrera Torres David $118,500
Previous Owner Deras Melvin $81,707
Previous Owner Maldonado Sabas $50,000
Closed Menjivar Sergio D Vasquez $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $130,000 -3.6% $106 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $134,900 +13.8% $110 / Sq Ft
07/15/2019 07/15/19 Sold $118,500 +3.1% $100 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $114,900 +340.2% $97 / Sq Ft
07/12/2013 07/12/13 Sold $26,100 +24.3% $22 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
05/25/2013 05/25/13 For Sale $21,000 -- $18 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,331 $90,400 $0 $0
2024 $2,331 $79,900 $0 $0
2023 $2,318 $70,000 $0 $0
2022 $1,576 $54,900 $0 $0
2021 $1,570 $45,500 $0 $0
2020 $1,362 $41,300 $0 $0
2019 $1,099 $36,400 $0 $0
2018 $1,099 $30,500 $0 $0
2017 $764 $24,300 $0 $0
2016 $774 $24,500 $0 $0
2015 $720 $24,500 $0 $0
2013 -- $21,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jeff Newberg

    EXP Realty LLC

    Section Image
  • Todd Roesler

    Buyer's Agent in 2022

    Todd Roesler

    Coldwell Banker Schmidt Realtors

    (616) 717-2226

    2 in this area

    41 Total Sales

    Todd Roesler
    Section Image
  • Javier Rodriguez

    Seller's Agent in 2019

    Javier Rodriguez

    Lake Michigan Realty Mgmt

    (616) 559-7979

    38 in this area

    269 Total Sales

    Javier Rodriguez
    Section Image

  • C

    Seller's Agent in 2013

    Carlos Hernandez

    Harborland Realty LLC

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22015680

Southwestern Michigan Association of REALTORS®

APN: 41-17-12-276-043

Michigan Kent County Grand Rapids 49507 Garfield Park

47 Banner St SW, Grand Rapids, MI

This home is located at 47 Banner St SW, Grand Rapids, MI 49507 since 02 May 2022 and is currently estimated at $194,017, approximately $158 per square foot. This property was built in 1921. 47 Banner St SW is a home located in Kent County with nearby schools including Burton Elementary School, Burton Middle School, and Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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