For Sale
721 Parkway Drive NE, Grand Rapids, MI 49525
$315,000
MLS # 26034107 (Michigan Regional Information Center (MichRIC))
2 beds2 baths1,720 sqftBuilt 19540.19 acres
1 / 31
Listing Description
Hit the trails at Riverside Park, grab dinner on Plainfield Ave, and be at the Medical Mile in 12 minutes. This NE side ranch puts you right in the center of everything. Tucked into a quiet, well-kept neighborhood, it is the ideal spot for anyone seeking the perfect balance between a relaxed neighborhood vibe and quick city access. You are just a short bike ride from Riverside Park, making it easy to hop on the paved multi-use trails, play a round of disc golf, launch a kayak, or hit up the local food trucks on a summer Friday evening. Inside, the home feels natural and welcoming. Beautiful wood flooring runs through the entry, living, and eating areas, hallway, and both main-floor bedrooms. The living room is anchored by a classic brick-mantled fireplace, making it a great spot to unwind at the end of the day. Across the way, the kitchen features clean lines, solid-surface counters, and stainless-steel appliances.
Source: SparkMLS
About this home
Located in Grand Rapids in Grand Rapids, this property offers 2-bedroom, 2-bath, 1,720 sq ft, with original construction dating to 1954.
Currently offered at $315,000 (about $183/sq ft).
Estimated annual property tax: $3,357, or about $280 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms2
Living Area1,720 sqft
Lot Size0.19 acres
Year Built1954
Stories1
Location
CityGrand Rapids
MunicipalityCity of Grand Rapids
Zip Code49525
CountyKent
School DistrictGrand Rapids
Construction & Systems
StyleRanch
ConstructionVinyl Siding
BasementFull
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
InteriorGarage Door Opener, Eat-in Kitchen, Pantry
Sale & Financing
Listed7/6/2026
Terms AcceptedCash, FHA, VA Loan, MSHDA, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,357
Tax Year2026
State Equalized Value$121,100
Taxable Value$103,076
Assessed Value$103,076
Parcel #411406227008
Source: Public Records
Legal Description
LOT 7* DAVIES SUB
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Kevin R Southwick
Coldwell Banker Schmidt Realtors
Frequently Asked Questions about 721 Parkway Drive NE, Grand Rapids, MI 49525
Which school district serves 721 Parkway Drive NE, Grand Rapids, MI 49525?
Per MLS# 26034107, 721 Parkway Drive NE, Grand Rapids, MI 49525 is in the Grand Rapids boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Grand Rapids directly to confirm enrollment eligibility.
What financing options are available for 721 Parkway Drive NE, Grand Rapids, MI 49525?
Per MLS# 26034107, this listing accepts Cash, FHA, VA Loan, MSHDA, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 721 Parkway Drive NE, Grand Rapids, MI 49525?
Per public tax records, annual property taxes for this property are $3,357 (2026). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 721 Parkway Drive NE, Grand Rapids, MI 49525 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 721 Parkway Drive NE, Grand Rapids, MI 49525 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 721 Parkway Drive NE, Grand Rapids, MI 49525?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the City of Grand Rapids police department or the Kent County sheriff's office.
Map
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Monthly payment$2,043
Principal & interest$2,043
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
721 Parkway Drive NE, Grand Rapids, MI 49525
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Municipality
Grand Rapids
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