NOT LISTED FOR SALE

1861 Palace Ave SW Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $174,000 - $206,000

2 Beds
1 Bath
1,187 Sq Ft
$160/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $28,000 $24 Per Sq Ft

Est. 580% increase in value since last sale

Current estimated payment $1,067/month

5 Days on Market

Highlights

  • Recreation Room
  • Living Room
  • Dining Area
  • Traditional Architecture
  • Forced Air Heating System
  • Wood Siding

About This Home

As of November 2016

HUD HOME!

Last Agent to Sell the Property

Michael Childress

Childress & Associates Realty License #6502350386 Listed on: 09/09/2016

Last Buyer's Agent

Robert Coursey

Leading Edge Realty LLC License #6501309293

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 5,240 Sq Ft Lot
  • Lot Dimensions are 40x131

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 1,187 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1921
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x131
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1187.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Traditional
  • Tax Info:Annual Property Tax: 798.92
  • Tax Info:Zoning3: RES
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 1187.0
  • ResoLivingAreaSource: PublicRecords
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 225.0
  • Basement Rooms:Total Basement SQFT: 550.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 29000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

  • Heating: Natural Gas
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5240.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 798.92
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2016
Closed on
Nov 16, 2016
Sold by
The Secretary Of Hud
Bought by
Lara Jose Adrian and Ojeda Maria Estela
Seller's Agent
Michael Childress
Childress & Associates Realty
Buyer's Agent
Robert Coursey
Leading Edge Realty LLC
List Price
$29,000
Sold Price
$28,000
Premium/Discount to List
-$1,000
-3.45%
Current Estimated Value
$190,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,325
Avg. Annual Appreciation
23.84%

Purchase Details

Listed on
Sep 9, 2016
Closed on
Sep 21, 2016
Sold by
Jpmorgan Chase Bank National Association
Bought by
Secretary Of Housing & Urban Development
Seller's Agent
Michael Childress
Childress & Associates Realty
Buyer's Agent
Robert Coursey
Leading Edge Realty LLC
List Price
$29,000
Sold Price
$28,000
Premium/Discount to List
-$1,000
-3.45%

Purchase Details

Closed on
May 13, 2015
Sold by
Pablo Antolin
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Dec 1, 2000
Sold by
Gurrz Gurrz F F and Gurrz Pablo A
Bought by
Pablo Pablo A and Pablo Antolin

Purchase Details

Closed on
Aug 23, 2000
Bought by
Pablo Guitierrez and Pablo Antolin

Purchase Details

Closed on
Sep 1, 1997
Sold by
Martin Martin M M and Martin Steensma T
Bought by
Pablo Steensma T and Pablo Antolin

Purchase Details

Closed on
May 8, 1995
Sold by
Hoogeboom Hoogeboom M M and Hoogeboom Martin M
Bought by
Martin Michael and Martin Teensma

Purchase Details

Closed on
Dec 13, 1993

Purchase Details

Closed on
Apr 29, 1992
Sold by
Brooks Brooks F F and Laforest Brooks
Bought by
Pablo Antolin

Purchase Details

Closed on
Jan 19, 1989
Bought by
Pablo Antolin

Purchase Details

Closed on
Dec 6, 1988
Bought by
Pablo Antolin

Purchase Details

Closed on
Feb 25, 1983
Bought by
Pablo Antolin

Purchase Details

Closed on
Mar 19, 1980
Bought by
Pablo Antolin
Source: Public Records

Range of Values:

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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
Lara Jose Adrian $28,000 Best Homes Title Agency Llc
Secretary Of Housing & Urban Development -- Attorney
Jpmorgan Chase Bank National Association $13,430 None Available
Pablo Pablo A $54,000 --
Pablo Guitierrez $47,000 --
Pablo Steensma T $32,000 --
Martin Michael $30,000 --
-- $22,000 --
Pablo Antolin $17,000 --
Pablo Antolin $19,100 --
Pablo Antolin $100 --
Pablo Antolin $27,000 --
Pablo Antolin $24,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2016 11/18/16 Sold $28,000 -3.4% $24 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $29,000 -- $24 / 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 $698 $63,800 $0 $0
2024 $698 $56,000 $0 $0
2023 $708 $49,300 $0 $0
2022 $672 $37,100 $0 $0
2021 $657 $32,000 $0 $0
2020 $629 $28,800 $0 $0
2019 $658 $24,100 $0 $0
2018 $755 $21,400 $0 $0
2017 $619 $16,700 $0 $0
2016 $853 $15,900 $0 $0
2015 $799 $15,900 $0 $0
2013 -- $18,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Childress

    Seller's Agent in 2016

    Michael Childress

    Childress & Associates Realty

    (616) 893-1672

    3 in this area

    168 Total Sales

    Michael Childress
    Section Image

  • R

    Buyer's Agent in 2016

    Robert Coursey

    Leading Edge Realty LLC

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16046842

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-452-049

Michigan Kent County Grand Rapids 49507 Garfield Park

1861 Palace Ave SW, Grand Rapids, MI

This home is located at 1861 Palace Ave SW, Grand Rapids, MI 49507 since 09 September 2016 and is currently estimated at $190,325, approximately $160 per square foot. This property was built in 1921. 1861 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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