NOT LISTED FOR SALE

1827 Palace Ave SW Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $174,000 - $205,000

3 Beds
1.5 Baths
910 Sq Ft
$208/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $93,000 $102 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,126/month

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of March 2020

Great home for investors or starter home. Home has 3 bedrooms and 1 full bath upstairs. Finished basement with Bath, Kitchen and family room in basement. There are two non conforming bedrooms in basement. Home needs some TLC and is being sold as is.

Last Agent to Sell the Property

Hector Diaz

Continental Realty of West Michigan by Maria Saucedo License #6501296563 Listed on: 02/08/2020

Last Buyer's Agent

Abisai Munoz

City2Shore Real Estate (GR) License #6501407838

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,673

Year Built

  • Built in 1948

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x135x50x135

Parking

  • 1 Car Detached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 910 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,673

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1948
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x135x50x135
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 910.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1673.0
  • Tax Info:Zoning3: 0
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:SqFt Above Grade: 910.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 910.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Half Baths: 1

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 94900.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 50x135x50x135
  • Lot Size Sq Ft: 6534.0
  • Zoning Description: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1673.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2020
Closed on
Mar 31, 2020
Sold by
Diaz Hector and Diaz Hector
Bought by
Galvez Kaely Morales
Seller's Agent
Hector Diaz
Continental Realty of West Michigan by Maria Saucedo
Buyer's Agent
Abisai Munoz
City2Shore Real Estate (GR)
List Price
$109,900
Sold Price
$93,000
Premium/Discount to List
-$16,900
-15.38%
Current Estimated Value
$189,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,116
Avg. Annual Appreciation
12.42%
Original Mortgage
$77,500
Outstanding Balance
$69,101
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$107,950

Purchase Details

Closed on
Jun 10, 2015
Sold by
Diaz Hector and Diaz Rosalva
Bought by
Diaz Hector

Purchase Details

Closed on
Feb 9, 2012
Sold by
Diaz Hector and Diaz Rosalva
Bought by
Carrera Roberto Diaz

Purchase Details

Closed on
Jan 24, 1989
Source: Public Records

Range of Values:

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Average Value
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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
Galvez Kaely Morales $93,000 None Available
Diaz Hector -- None Available
Carrera Roberto Diaz -- None Available
-- $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galvez Kaely Morales $77,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2020 03/30/20 Sold $93,000 -15.4% $102 / Sq Ft
02/08/2020 02/08/20 For Sale $109,900 -- $121 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
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 $1,484 $79,600 $0 $0
2024 $1,484 $69,900 $0 $0
2023 $1,506 $61,500 $0 $0
2022 $1,430 $47,700 $0 $0
2021 $1,398 $41,100 $0 $0
2020 $711 $36,900 $0 $0
2019 $1,684 $30,900 $0 $0
2018 $1,095 $26,900 $0 $0
2017 $1,068 $21,000 $0 $0
2016 $1,073 $20,000 $0 $0
2015 $1,564 $20,000 $0 $0
2013 -- $22,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Hector Diaz

    Continental Realty of West Michigan by Maria Saucedo

    (616) 669-0463

    3 in this area

    13 Total Sales

    Hector Diaz
    Section Image

  • A

    Buyer's Agent in 2020

    Abisai Munoz

    City2Shore Real Estate (GR)

    (616) 685-9742

    25 in this area

    194 Total Sales

    Abisai Munoz
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19055132

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-452-041

Michigan Kent County Grand Rapids 49507 Garfield Park

1827 Palace Ave SW, Grand Rapids, MI

This home is located at 1827 Palace Ave SW, Grand Rapids, MI 49507 since 08 February 2020 and is currently estimated at $189,116, approximately $207 per square foot. This property was built in 1948. 1827 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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