NOT LISTED FOR SALE

1925 Palace Ave SW Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $198,000 - $231,333

4 Beds
1 Bath
1,860 Sq Ft
$114/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $195,000 $105 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,218/month

105 Days on Market

About This Home

As of September 2024

Welcome to 1925 Palace Ave an incredible opportunity i! With four bedrooms, there's plenty of room for a growing family, guest.Having a garage is always a plus for parking and storage, and plenty of space means potential for outdoor activities or expansion in the future.
Being located in the heart of the city with easy access to family entertainment adds even more appeal. Convenience is key, especially when it comes to enjoying leisure activities with loved ones. Whether it's parks, theaters, restaurants, or cultural events, having everything within reach makes daily life more enjoyable. This property seems to offer the perfect balance of comfort, practicality, and accessibility. It's definitely an opportunity worth considering
Schedule your private showing today .

Last Agent to Sell the Property

Karla Figueroa

Lake Michigan Realty Mgmt License #6501442587 Listed on: 07/26/2024

Last Buyer's Agent

Audrey Mojica

Bellabay Realty (Kentwood) License #6501433053

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,155

Year Built

  • Built in 1915

Lot Details

  • 5,240 Sq Ft Lot

Parking

  • 1 Car Garage

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,155

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 2
  • Year Built: 1915
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40*131.45
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1860.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 1155.0
  • 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
  • General Property Info:SqFt Above Grade: 1260.0
  • General Property Info Garage YN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1860.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 600.0
  • Below Grade Sq Ft: 600.0

Exterior Features

  • Construction Materials: Other
  • List Price: 209900.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Other
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 40*131.45
  • Lot Size Sq Ft: 5240.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1155.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Sep 16, 2024
Sold by
Diaz-Diaz Maclioni S and Vicente-Rodas Rosmery C
Bought by
Ramos Augusto Vicente and Ramirez-Martin Margarita
Seller's Agent
Karla Figueroa
Lake Michigan Realty Mgmt
Buyer's Agent
Audrey Mojica
Bellabay Realty (Kentwood)
List Price
$200,000
Sold Price
$195,000
Premium/Discount to List
-$5,000
-2.5%
Views
37
Current Estimated Value
$212,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,583
Avg. Annual Appreciation
8.57%

Purchase Details

Closed on
May 17, 2022
Sold by
Diaz-Diaz Maclioni S
Bought by
Diaz-Diaz Maclioni S and Vincente-Rodas Rosemery C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,900
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2017
Sold by
Hernandez Lourdez and Hernandez Lourdes
Bought by
Diaz Diaz Maclioni S Maclioni S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,700
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2012
Sold by
Rivera Sosa Guadalupe
Bought by
Hernandez Lourdes

Purchase Details

Closed on
Apr 30, 2001
Sold by
City Of Grand Rapids
Bought by
Sosa Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.99%
Mortgage Type
Stand Alone Second
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
Ramos Augusto Vicente $195,000 Sun Title
Diaz-Diaz Maclioni S -- Cryderman Brandon
Diaz Diaz Maclioni S Maclioni S $86,000 None Available
Hernandez Lourdes -- None Available
Sosa Guadalupe $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diaz-Diaz Maclioni S $102,900
Previous Owner Diaz Diaz Maclioni S Maclioni S $81,700
Previous Owner Sosa Guadalupe $0
Previous Owner Sosa Guadalupe $28,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $195,000 -7.1% $105 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
07/05/2024 07/05/24 Price Changed $209,900 -2.4% $113 / Sq Ft
06/12/2024 06/12/24 Price Changed $215,000 -2.3% $116 / Sq Ft
05/07/2024 05/07/24 Price Changed $220,000 +10.0% $118 / Sq Ft
05/06/2024 05/06/24 Price Changed $200,000 -9.1% $108 / Sq Ft
05/06/2024 05/06/24 Price Changed $220,000 +10.0% $118 / Sq Ft
05/06/2024 05/06/24 For Sale $200,000 -- $108 / 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 $1,146 $90,300 $0 $0
2024 $1,146 $79,900 $0 $0
2023 $1,098 $70,900 $0 $0
2022 $1,104 $55,900 $0 $0
2021 $1,079 $47,800 $0 $0
2020 $1,032 $42,900 $0 $0
2019 $1,081 $35,700 $0 $0
2018 $1,044 $30,000 $0 $0
2017 $754 $23,000 $0 $0
2016 $1,156 $21,800 $0 $0
2015 $1,173 $21,800 $0 $0
2013 -- $22,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Karla Figueroa

    Lake Michigan Realty Mgmt

    (616) 730-8686

    11 in this area

    60 Total Sales

    Karla Figueroa
    Section Image
  • Audrey Mojica

    Buyer's Agent in 2024

    Audrey Mojica

    Bellabay Realty (Kentwood)

    (616) 780-1161

    9 in this area

    114 Total Sales

    Audrey Mojica
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24022089

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-452-058

Michigan Kent County Grand Rapids 49507 Garfield Park

1925 Palace Ave SW, Grand Rapids, MI

This home is located at 1925 Palace Ave SW, Grand Rapids, MI 49507 since 26 July 2024 and is currently estimated at $212,583, approximately $114 per square foot. This property was built in 1915. 1925 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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