Sold

$352,000

324 Palmer St NE, Grand Rapids, MI 49505

4beds

4baths

2,242sqft

2 to 4 Units

Built in 1926

-- sqft lot

$392,800 Zestimate^®

$157/sqft

$1,765 Estimated rent

Home value

$392,800

$373,000 - $412,000

$1,765/mo

Zestimate^® history

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$1,765/mo

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$2,264/mo

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$2,264/mo

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What's special

Extra storageSpacious yardSeparate utilitiesNewer paintHardwood floorsLaundry facilities

This charming side-by-side duplex, situated in Grand Rapids' Creston neighborhood, is a must-see. Each unit boasts its own kitchen, sizable living and dining areas, two bedrooms and 1.5 bathrooms. Additionally, they each have separate utilities, laundry facilities, and extra storage. Unit 1 has undergone more recent updates, including newer paint, lighting fixtures, and a bathroom renovation. Unit 2 benefits from a newly installed water heater, dishwasher, and a walk-up attic poised for development. Both units maintain their original charm with features such as hardwood floors, clawfoot tubs, and arched doorways. The property also includes a spacious yard and a three-stall garage, providing off-street parking. Buyers and their agent are recommended to verify all information.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Forced Air

Appliances

Laundry: In Basement

Features

Basement: Full

Interior area

Total interior livable area: 2,242 sqft

Property

Parking

Total spaces: 3
Parking features: Concrete, Driveway

Lot

Size: 6,534 Square Feet
Dimensions: 65 x 102
Features: Sidewalk

Details

Parcel number: 411418180006
Zoning description: Res

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Aluminum Siding, Wood Siding
Roof: Composition

Condition

New construction: No
Year built: 1926

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $157/sqft
Tax assessed value: $119,500
Annual tax amount: $4,633
Date on market: 5/10/2024
Listing terms: Cash,Conventional
Tenant pays: Electricity, Gas
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
6/5/2024	Sold	$352,000+2%$157/sqft
Source: MichRIC #24021222 Report a problem
5/13/2024	Pending sale	$345,000$154/sqft
Source: MichRIC #24021222 Report a problem
5/10/2024	Listed for sale	$345,000$154/sqft
Source: MichRIC #24021222 Report a problem
5/8/2024	Pending sale	$345,000$154/sqft
Source: MichRIC #24021222 Report a problem
5/2/2024	Listed for sale	$345,000+27.3%$154/sqft
Source: MichRIC #24021222 Report a problem
10/15/2022	Listing removed	--
Source: Zillow Rental Network Premium_1 Report a problem
10/8/2022	Price change	$1,295-7.2%$1/sqft
Source: Zillow Rental Network Premium_1 Report a problem
9/14/2022	Sold	$271,000+10.6%$121/sqft
Source: Public Record Report a problem
9/13/2022	Listed for rent	$1,395+92.4%$1/sqft
Source: Zillow Rental Network Premium Report a problem
8/23/2022	Pending sale	$245,000$109/sqft
Source: MichRIC #22035678 Report a problem
8/18/2022	Listed for sale	$245,000+35.4%$109/sqft
Source: MichRIC #22035678 Report a problem
12/11/2019	Sold	$181,000+9.7%$81/sqft
Source: Public Record Report a problem
9/17/2019	Pending sale	$165,000$74/sqft
Source: Keller Williams Realty North #19044619 Report a problem
9/12/2019	Listed for sale	$165,000+28.9%$74/sqft
Source: Keller Williams GR North #19044619 Report a problem
10/28/2015	Listing removed	$725
Source: RMP Report a problem
10/21/2015	Listed for rent	$725
Source: RMP Report a problem
3/30/2006	Sold	$128,000+15.3%$57/sqft
Source: Public Record Report a problem
10/28/2005	Sold	$110,998$50/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,507	$165,000 +20.4%
2024	--	$137,000 +44.4%
2021	$2,529	$94,900 +11.3%
2020	$2,529 +3.2%	$85,300 +19.5%
2019	$2,452	$71,400 +25.3%
2018	--	$57,000 +19.5%
2017	$2,404	$47,700 +6.5%
2016	$2,404	$44,800
2015	$2,404 +5%	$44,800 -9.1%
2013	$2,290	$49,300 -20.7%
2011	--	$62,200 -6.9%
2010	--	$66,800 -2.5%
2009	--	$68,500 +10.3%
2007	--	$62,100 -3%
2006	--	$64,000 +59.2%
2005	--	$40,198 +3.3%
2004	--	$38,914 +6.2%
2002	--	$36,636 -16.7%
2001	--	$44,000