118 Palmer St NE Grand Rapids, MI 49505
Creston NeighborhoodEstimated Value: $275,000 - $324,000
--
Bed
--
Bath
2,458
Sq Ft
$121/Sq Ft
Est. Value
About This Home
This home is located at 118 Palmer St NE, Grand Rapids, MI 49505 and is currently estimated at $297,158, approximately $120 per square foot. 118 Palmer St NE is a home located in Kent County with nearby schools including Palmer School, Riverside Middle School, and Union High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 9, 2005
Sold by
Dewall Henry J and Dewall Beth J
Bought by
Troost Paul M and Troost Patricia W
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Outstanding Balance
$61,426
Interest Rate
7.62%
Mortgage Type
Commercial
Estimated Equity
$209,447
Purchase Details
Closed on
Mar 12, 1997
Bought by
Troost Stein J and Troost Patricia W Paul M
Purchase Details
Closed on
Jun 28, 1989
Purchase Details
Closed on
Jan 23, 1987
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Troost Paul M | $106,000 | -- | |
Troost Stein J | $56,000 | -- | |
-- | $44,000 | -- | |
-- | $40,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Troost Paul M | $16,000 | |
Open | Troost Paul M | $106,000 |
Source: Public Records
Tax History Compared to Growth
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 | $1,497 | $142,900 | $0 | $0 |
2024 | $1,497 | $119,500 | $0 | $0 |
2023 | $1,431 | $104,000 | $0 | $0 |
2022 | $1,411 | $91,000 | $0 | $0 |
2021 | $1,375 | $82,000 | $0 | $0 |
2020 | $1,329 | $73,500 | $0 | $0 |
2019 | $1,361 | $40,400 | $0 | $0 |
2018 | $1,319 | $31,100 | $0 | $0 |
2017 | $1,489 | $25,700 | $0 | $0 |
2016 | $1,293 | $24,100 | $0 | $0 |
2015 | $1,232 | $24,100 | $0 | $0 |
2013 | -- | $27,200 | $0 | $0 |
Source: Public Records
Map
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