NOT LISTED FOR SALE

1816 Palace Ave SW Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $184,000 - $234,000

3 Beds
1.5 Baths
1,928 Sq Ft
$106/Sq Ft Est. Value

Last Sold June 14, 2013

Last sale price $55,000 $29 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $1,156/month

8 Days on Market

About This Home

As of June 2013

Very nice home ready to move in, hard to find 3 bedrooms and 1.5 bath, plus two stall garage!!!

Last Agent to Sell the Property

Marcela Diaz

Brooks Real Estate Group - I Listed on: 05/02/2013

Last Buyer's Agent

Javier Rodriguez

Childress & Associates Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $882

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Wood Roof
  • Vinyl Siding

Interior Spaces

  • 1,928 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$882

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1925
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • LivingArea: 1928.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 55000.0
  • Road Surface Type: Paved
  • Roof: Wood

Garage/Parking

  • Garage: Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2013
Closed on
Jun 14, 2013
Sold by
Najera Minerva
Bought by
Guevarra Castillo Charito
Seller's Agent
Marcela Diaz
Brooks Real Estate Group - I
Buyer's Agent
Javier Rodriguez
Childress & Associates Realty
List Price
$49,000
Sold Price
$55,000
Premium/Discount to List
$6,000
12.24%
Current Estimated Value
$204,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,198
Avg. Annual Appreciation
10.47%
Original Mortgage
$54,003
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 23, 2012
Closed on
Aug 17, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Najera Minerva
Seller's Agent
James Neal Graves
Leading Edge Realty LLC
Buyer's Agent
James Neal Graves
Leading Edge Realty LLC
List Price
$11,000
Sold Price
$11,050
Premium/Discount to List
$50
0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
625.26%

Purchase Details

Closed on
Dec 30, 2011
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jun 8, 2011
Sold by
Acevedo Marlon and Sanchez Anna
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 5, 1998
Sold by
Pinero Pinero J J and Pinero A
Bought by
Guevara-Castillo Acevedo M and Guevara-Castillo Charito

Purchase Details

Closed on
Jul 21, 1994
Sold by
Frias Frias V V and Frias Pinero J
Bought by
Guevara-Castillo Charito

Purchase Details

Closed on
Oct 5, 1992
Sold by
Rogers Rogers C C and Rogers Frias V
Bought by
Guevara-Castillo Charito

Purchase Details

Closed on
Sep 9, 1971
Sold by
Rogers Rogers C C and Rogers Rogers
Bought by
Guevara-Castillo Charito
Source: Public Records

Range of Values:

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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
Guevarra Castillo Charito $55,000 Sun Title Agency Of Mi Llc
Najera Minerva $11,050 None Available
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na $46,835 None Available
Guevara-Castillo Acevedo M $50,500 --
Guevara-Castillo Charito $37,000 --
Guevara-Castillo Charito $25,000 --
Guevara-Castillo Charito -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guevarra Castillo Charito $54,003
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2013 06/14/13 Sold $55,000 +12.2% $29 / Sq Ft
05/10/2013 05/10/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $49,000 +343.4% $25 / Sq Ft
08/24/2012 08/24/12 Sold $11,050 +0.5% $9 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $11,000 -- $9 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $882 $91,800 $0 $0
2024 $882 $81,400 $0 $0
2023 $890 $72,300 $0 $0
2022 $776 $52,200 $0 $0
2021 $759 $44,700 $0 $0
2020 $726 $40,100 $0 $0
2019 $760 $33,400 $0 $0
2018 $734 $28,300 $0 $0
2017 $715 $21,800 $0 $0
2016 $723 $20,700 $0 $0
2015 $673 $20,700 $0 $0
2013 -- $21,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Marcela Diaz

    Brooks Real Estate Group - I

  • J

    Buyer's Agent in 2013

    Javier Rodriguez

    Childress & Associates Realty

  • J

    Seller's Agent in 2012

    James Neal Graves

    Leading Edge Realty LLC

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13020493

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-453-008

Michigan Kent County Grand Rapids 49507 Garfield Park

1816 Palace Ave SW, Grand Rapids, MI

This home is located at 1816 Palace Ave SW, Grand Rapids, MI 49507 since 02 May 2013 and is currently estimated at $204,198, approximately $105 per square foot. This property was built in 1925. 1816 Palace Ave SW is a home located in Kent County with nearby schools including Buchanan Elementary School, Burton Middle School, and Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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