24 days on rocket

51 Banner St SW, Grand Rapids, MI, 49507

$249,900

Home List Price

$2,968*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,456 SqFt
$172/SqFt
House
Schools Nearby

Location

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51 Banner St SW, Grand Rapids$249,900

Buyer Closing Credits

$2,968*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1923
HeatingForced Air, Natural Gas
BasementYes
MLS #24022570
Lot Size0.12 Acres
StatusActive

About 51 Banner St SW

Rare 4 bedroom that is turn key ready and under $250k. Has been recently remodeled and has had many renovations over the last couple years. Newer roof, oversized 2 stall garage, upstairs bathroom, plumbing, washer, dryer, furnace(3yrs), and water heater(3yrs). Brand new siding and oven. Quiet backyard with high fences. Large front and back porches to enjoy the sun. Clean basement with tons of storage space. Beautiful tray ceilings in two of the large bedrooms. Luxury living at an affordable price. Low maintenance, family home that is move-in ready and 10 minutes from the center of downtown. Perfect central location, very to close 131. This is a must-see property.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1923
  • Stories: 2
  • Living Area: 1,456 SqFt

Listing Office:

  • Office Name: Edison Brokers & Co LLC
  • Office Phone: (616) 439-1190
  • Listing Agent: Mitchell D Luban

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Microwave, Range
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

School Info

Assigned Schools Information:

  • Grand Rapids University Preparatory Academy, Public Magnet Grades 6-12
  • City Middle/High School, Public Magnet Grades 7-12
  • Burton Middle School, Public District Grades 6-8
  • Burton Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From 131 - E on Burton, S on Division, W on Banner to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,900
  • Price Per SqFt: $172/SqFt

Tax Information:

  • Annual Amount: $1,056
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Grand Rapids, MI.

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Grand Rapids, MI

City

Med. Sold Price

$300K

Med. Price/SqFt

$231

Avg. Days On Market

12

# of Sold Homes

341

51 Banner St SW vs Grand Rapids

24 DAYS ON ROCKET

+12 Days

$249,900

-$50.1K Less

$172/SqFt

-$59 Less

KEY TAKEAWAY

This property is $50.1K less than the Median Sold Price and $59/SqFt less than other homes in Grand Rapids, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24022570

Listing Office:

  • Office Name: Edison Brokers & Co LLC
  • Office Phone: (616) 439-1190
  • Listing Agent: Mitchell D Luban

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 7:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 12, 2017Home Sold
$139,000
Aug 11, 1999Home Sold
$47,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,056$47,300
2020$1,055$43,000
2019$1,128$37,900
2018$1,423$29,300
2017$1,080$25,800

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6634156
4
/10

  • Burton Elementary School

  • 2133 Buchanan Ave SW

  • 0.21 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6634157
3
/10

  • Burton Middle School

  • 2133 Buchanan Ave SW

  • 0.21 miles

  • Public District Grades 6-8

High School

school-card-donut-6634158
6
/10

  • Grand Rapids University Preparatory Academy

  • 512 Division Ave S

  • 2.09 miles

  • Public Magnet Grades 6-12

school-card-donut-6634159
9
/10

  • City Middle/High School

  • 1720 Plainfield Ave NE

  • 4.83 miles

  • Public Magnet Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,154. Most Grand Rapids, MI residents have annual incomes less than $35k. Residents typically live in married, with kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 51 Banner St SW

What is the listing price of this property?

The listing price of 51 Banner St SW property is $249,900.

What type of property is this?

The property 51 Banner St SW is a house located in Grand Rapids, Michigan, 49507.

Is this property for sale now?

Active Listing: 51 Banner St SW is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 51 Banner St SW are:
Burton Elementary School: GreatSchools Rating 4/10
Burton Middle School: GreatSchools Rating 3/10
Grand Rapids University Preparatory Academy: GreatSchools Rating 6/10
City Middle/High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,056 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 12, 2017 for $139,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 51 Banner St SW has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 51 Banner St SW is 1,456 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 51 Banner St SW is 1923.

Rocket Homes›Michigan›Kent County›Grand Rapids›49507›51 Banner St SW

This home is located at 51 Banner St SW in Grand Rapids, MI and zip code 49507 in the Garfield Park neighborhood. This 1,456 square foot home, which was built in 1923, sits on a 0.12 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $249,900.

Grand Rapids, MI housing market in May 2024 saw over 204 listings sold above listed price, more than 55 sold at listed price and over 82 sold below. The number of homes for sale in Grand Rapids, MI increased by 12.3% between April 2024 and May 2024. Listings spent 12 days on the market in May 2024, and had a median list price of $300,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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