Seller's Agent in 2020
Doug Takens
Independence Realty (Main)
(616) 262-4574
6 in this area
770 Total Sales
2039 Palace Ave SW Grand Rapids, MI 49507
Garfield Park Neighborhood
--
Bed
--
Bath
--
Sq Ft
4,965
Sq Ft Lot
About This Home
As of October 2020Fully Rented Duplex On Grand Rapid's SW Side! Great Opportunity To Own As A Rental Investment & Cash Flow Or Move Into & Rent Out The Second Unit!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6502368851 Listed on: 07/15/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $967
Year Built
- Built in 1905
Lot Details
- 4,965 Sq Ft Lot
- Lot Dimensions are 40x124
Parking
- 3 Parking Spaces
Home Design
- Composition Roof
- Vinyl Siding
Basement
- Michigan Basement
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for water, trash collection, sewer
- The owner pays for gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2020
Closed on
Oct 20, 2020
Sold by
Randhawa Sukhwant and Dosanjh Harpreet Kaur
Bought by
Dosanjh Harpreet K
Seller's Agent
Doug Takens
Independence Realty (Main)
Buyer's Agent
Doug Takens
Independence Realty (Main)
List Price
$117,300
Sold Price
$100,000
Premium/Discount to List
-$17,300
-14.75%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,184
Avg. Annual Appreciation
12.14%
Purchase Details
Listed on
Jul 15, 2016
Closed on
Aug 15, 2016
Sold by
Trister Marketing Group Tmg Inc
Bought by
Randhawa Sukhwant and Dosanjh Harpreet Kaur
Seller's Agent
Mark Brace
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Buyer's Agent
Lora Sandberg
Turnkey Realty LLC
List Price
$54,900
Sold Price
$52,000
Premium/Discount to List
-$2,900
-5.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.89%
Purchase Details
Closed on
Apr 3, 2015
Sold by
Alliance Asset Holdings I Llc
Bought by
The Trister Marketing Group Tmg Inc
Purchase Details
Listed on
Dec 28, 2012
Closed on
Jan 29, 2013
Sold by
Fannie Mae
Bought by
Alliance Asset Holdings Llc
Seller's Agent
Tom Dann
Value Point Real Estate
Buyer's Agent
John Pols
Homestead Realty of W Michigan
List Price
$22,900
Sold Price
$17,000
Premium/Discount to List
-$5,900
-25.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.37%
Purchase Details
Closed on
Jun 21, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Fannie Mae and Federal National Mortgage Association
Purchase Details
Closed on
Apr 11, 2012
Sold by
Wudkewych David
Bought by
Jpmorgan Chase Bank National Association
Purchase Details
Closed on
Oct 11, 2005
Sold by
David P Wudkewych Llc
Bought by
Wudkewych David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.83%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 13, 2002
Sold by
Wudkewych Jeanine L
Bought by
David P Wudkewych Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.01%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 16, 1998
Bought by
Wdkwych Llc
Purchase Details
Closed on
Jan 3, 1995
Bought by
Wudkewych David and Alliance Asset Holdings I Llc
Purchase Details
Closed on
Aug 16, 1994
Sold by
Great Piebenga and Great Lakes
Bought by
Alliance Asset Holdings I Llc
Purchase Details
Closed on
Feb 16, 1994
Sold by
Great Sh and Great Lakes
Bought by
Alliance Asset Holdings I Llc
Purchase Details
Closed on
Mar 17, 1988
Purchase Details
Closed on
Jan 15, 1981
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100,000 | None Available | |
| Warranty Deed | $52,000 | Title Resource Agency | |
| Warranty Deed | $42,500 | Chicago Title | |
| Deed | $17,000 | Attorneys Title Agency Llc | |
| Quit Claim Deed | -- | None Available | |
| Sheriffs Deed | $55,064 | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $10,000 | -- | |
| Sheriffs Deed | -- | -- | |
| Sheriffs Deed | $18,800 | -- | |
| Deed | $23,300 | -- | |
| Deed | $11,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $55,000 | Commercial | |
| Previous Owner | $20,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/21/2020 10/21/20 | Sold | $100,000 | -14.7% | -- |
| 09/10/2020 09/10/20 | Pending | -- | -- | -- |
| 08/29/2020 08/29/20 | For Sale | $117,300 | +125.6% | -- |
| 08/15/2016 08/15/16 | Sold | $52,000 | -5.3% | -- |
| 07/26/2016 07/26/16 | Pending | -- | -- | -- |
| 07/15/2016 07/15/16 | For Sale | $54,900 | +222.9% | -- |
| 01/29/2013 01/29/13 | Sold | $17,000 | -25.8% | -- |
| 01/24/2013 01/24/13 | Pending | -- | -- | -- |
| 12/28/2012 12/28/12 | For Sale | $22,900 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $1,850 | $68,700 | $0 | $0 |
| 2024 | $1,850 | $63,500 | $0 | $0 |
| 2023 | $1,769 | $56,000 | $0 | $0 |
| 2022 | $1,744 | $44,700 | $0 | $0 |
| 2021 | $1,700 | $40,400 | $0 | $0 |
| 2020 | $1,248 | $34,700 | $0 | $0 |
| 2019 | $1,277 | $29,100 | $0 | $0 |
| 2018 | $1,238 | $23,900 | $0 | $0 |
| 2017 | $1,208 | $20,100 | $0 | $0 |
| 2016 | $1,075 | $17,900 | $0 | $0 |
| 2015 | $915 | $17,900 | $0 | $0 |
| 2013 | -- | $19,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2016
Mark Brace
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
(616) 447-7025
9 in this area
872 Total Sales
-
Buyer's Agent in 2016
Lora Sandberg
Turnkey Realty LLC
(616) 889-3244
28 Total Sales
-
Buyer Co-Listing Agent in 2016
Bernadette Nomura
Turnkey Realty LLC
(616) 389-9999
1 in this area
201 Total Sales
-
T
Seller's Agent in 2013
Tom Dann
Value Point Real Estate
(616) 363-6678
1 in this area
42 Total Sales
-
K
Seller Co-Listing Agent in 2013
Ken Cleypool
Value Point Real Estate
(616) 299-2987
1 in this area
56 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 16036381
APN: 41-17-12-202-023
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