NOT LISTED FOR SALE

2027 Palace Ave SW Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $189,000 - $212,000

4 Beds
1 Bath
1,506 Sq Ft
$131/Sq Ft Est. Value

Last Sold January 30, 2017

Last sale price $59,900 $40 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $1,192/month

218 Days on Market

Highlights

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

About This Home

As of January 2017

This 4 bedroom, 1 bath home features a new roof, aluminum siding, some new windows, fenced front yard and mud room.
Needs a little TLC, but would make a great rental or owner occupant!

Last Agent to Sell the Property

Thomas Koetsier

Kay Courtney & Associates Listed on: 04/28/2016

Co-Listed By

Allison Koetsier

Compass Realty Services License #6502378425

Last Buyer's Agent

Javier Rodriguez

Lake Michigan Realty Mgmt License #6502394655

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,060

Year Built

  • Built in 1918

Lot Details

  • 4,965 Sq Ft Lot
  • Property is zoned N/A, N/A

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,506 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement
  • Michigan Basement
  • Laundry on main level

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,060

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1918
  • ResoPropertyType: Residential
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1506.0
  • Basement Rooms:Total Basement SQFT: 618.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 59900.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 40*124
  • Lot Size Sq Ft: 4965.0
  • Zoning Description: N/A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1059.51
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2016
Closed on
Jan 30, 2017
Sold by
Team Rental Llc
Bought by
Miranda Rosendo
Seller's Agent
Thomas Koetsier
Kay Courtney & Associates
Buyer's Agent
Javier Rodriguez
Lake Michigan Realty Mgmt
List Price
$69,900
Sold Price
$59,900
Premium/Discount to List
-$10,000
-14.31%
Total Days on Market
218
Current Estimated Value
$196,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,866
Avg. Annual Appreciation
15.27%
Original Mortgage
$57,230
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2010
Sold by
Rubio Hector Luna
Bought by
Team Rental Llc

Purchase Details

Closed on
Jun 23, 2009
Sold by
Eerdmans Rebecca
Bought by
Team Rental Llc

Purchase Details

Closed on
May 6, 2009
Sold by
Yeo Judith
Bought by
Eerdmans Rebecca

Purchase Details

Closed on
Apr 30, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Yeo Judith

Purchase Details

Closed on
Dec 13, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Hud

Purchase Details

Closed on
Jun 6, 2007
Sold by
Flores Janlis
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jun 13, 2006
Sold by
Flores Janlis
Bought by
Flores Janlis and Acosta Julio Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,325
Interest Rate
6.72%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 1996
Sold by
Sibma Sibma G G and Sibma Flores Z
Bought by
Team Rental Llc
Source: Public Records

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Range of Values:

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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
Miranda Rosendo $59,000 None Available
Team Rental Llc -- None Available
Team Rental Llc -- None Available
Eerdmans Rebecca -- None Available
Yeo Judith $10,550 None Available
Hud -- None Available
Mortgage Electronic Registration Systems $89,659 None Available
Flores Janlis -- None Available
Flores Janlis $86,000 None Available
Team Rental Llc $35,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miranda Rosenda $52,665
Closed Miranda Rosendo $57,230
Previous Owner Flores Janlis $85,325
Previous Owner Flores Zenaida $72,000
Previous Owner Flores Zenaida $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2017 01/30/17 Sold $59,900 -14.3% $40 / Sq Ft
12/02/2016 12/02/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $69,900 -- $46 / 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
2024 $1,100 $81,200 $0 $0
2023 $1,116 $71,300 $0 $0
2022 $1,060 $56,200 $0 $0
2021 $1,036 $46,600 $0 $0
2020 $991 $42,300 $0 $0
2019 $1,038 $37,200 $0 $0
2018 $1,002 $28,800 $0 $0
2017 $725 $23,000 $0 $0
2016 $1,112 $23,100 $0 $0
2015 $1,060 $23,100 $0 $0
2013 -- $20,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Thomas Koetsier

    Kay Courtney & Associates

  • A

    Seller Co-Listing Agent in 2017

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    5 in this area

    138 Total Sales

    Allison Koetsier
    Section Image
  • Javier Rodriguez

    Buyer's Agent in 2017

    Javier Rodriguez

    Lake Michigan Realty Mgmt

    (616) 559-7979

    40 in this area

    272 Total Sales

    Javier Rodriguez
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16019274

Southwestern Michigan Association of REALTORS®

APN: 41-17-12-202-020

Michigan Kent County Grand Rapids 49507 Garfield Park

2027 Palace Ave SW, Grand Rapids, MI

This home is located at 2027 Palace Ave SW, Grand Rapids, MI 49507 since 28 April 2016 and is currently estimated at $196,766, approximately $130 per square foot. This property was built in 1918. 2027 Palace Ave SW is a home located in Kent County with nearby schools including Burton 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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