NOT LISTED FOR SALE

16 Palma St SW Grand Rapids, MI 49548

Estimated Value: $203,000 - $244,000

2 Beds
1 Bath
792 Sq Ft
$285/Sq Ft Est. Value

About This Home

This home is located at 16 Palma St SW, Grand Rapids, MI 49548 and is currently estimated at $225,468, approximately $284 per square foot. 16 Palma St SW is a home located in Kent County with nearby schools including Southwood Elementary, Pinewood Middle School, and East Kentwood Freshman Campus.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2017
Sold by
Horman Mary A
Bought by
Horman Hannah
Current Estimated Value
$225,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Outstanding Balance
$45,986
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$179,482

Purchase Details

Closed on
Dec 23, 2015
Sold by
Phyllis Warsen Trust
Bought by
Hormann Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
3.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Horman Hannah $75,000 None Available
Hormann Mary A $84,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horman Hannah $67,500
Previous Owner Hormann Mary A $127,500
Source: Public Records

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 $1,150 $102,800 $0 $0
2024 $1,150 $94,100 $0 $0
2023 $1,101 $85,700 $0 $0
2022 $1,481 $72,500 $0 $0
2021 $1,029 $65,600 $0 $0
2020 $1,021 $56,400 $0 $0
2019 $1,440 $50,200 $0 $0
2018 $1,410 $48,200 $10,500 $37,700
2017 $1,372 $46,400 $0 $0
2016 $1,320 $44,900 $0 $0
2015 $1,846 $44,900 $0 $0
2013 -- $39,900 $0 $0
Source: Public Records

Map

Michigan Kent County Grand Rapids 49548

16 Palma St SW, Grand Rapids, MI

This home is located at 16 Palma St SW, Grand Rapids, MI 49548 and is currently estimated at $225,468, approximately $284 per square foot. 16 Palma St SW is a home located in Kent County with nearby schools including Southwood Elementary, Pinewood Middle School, and East Kentwood Freshman Campus.

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