NOT LISTED FOR SALE

2043 Palace Ave SW Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $212,000 - $220,120

3 Beds
1 Bath
1,345 Sq Ft
$160/Sq Ft Est. Value

Last Sold June 18, 2013

Last sale price $20,100 $15 Per Sq Ft

Est. 971% increase in value since last sale

Current estimated payment $1,196/month

22 Days on Market

About This Home

As of June 2013

HUD HOMES SOLD AS IS. WWW.CITYSIDECORP.COM FOR BIDDING INFO. FHA 263-260600 FHA INSURABILITY CODE UI. LEAD BASE PAINT NOTICES. ACCESS W/HUD KEY SHOW ANYTIME. NEW HOMES EACH DAY. THIS PROPERTY MAY REQUIRE A SIDEWALK REPAIR THAT IS THE PURCHASERS RESPONSIBILITY.

Last Agent to Sell the Property

Tom Paarlberg

Greenridge Realty (Corp) Listed on: 05/01/2013

Last Buyer's Agent

David Pena

Homes 28

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 4,960 Sq Ft Lot

Home Design

  • 1,345 Sq Ft Home
  • Wood Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1928
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 1345.0

Exterior Features

  • Construction Materials: Vinyl Siding, Wood Siding
  • List Price: 22000.0
  • Road Surface Type: Paved

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4960.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2013
Closed on
Jun 12, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Garcia Ramon
Seller's Agent
Tom Paarlberg
Greenridge Realty (Corp)
Buyer's Agent
David Pena
Homes 28
List Price
$22,000
Sold Price
$20,100
Premium/Discount to List
-$1,900
-8.64%
Current Estimated Value
$215,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,074
Avg. Annual Appreciation
20.87%

Purchase Details

Closed on
Feb 5, 2013
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 25, 2012
Sold by
Guzman Rita
Bought by
Bank Of America Na

Purchase Details

Closed on
Nov 8, 1995
Sold by
Mcqueen Mcqueen L L and Mcqueen Guzman R
Bought by
Guzman Rita and Garcia Ramon

Purchase Details

Closed on
Jun 30, 1986

Purchase Details

Closed on
Mar 17, 1981
Bought by
Garcia Ramon

Purchase Details

Closed on
Jan 28, 1981
Bought by
Garcia Ramon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garcia Ramon $20,100 None Available
The Secretary Of Housing & Urban Develop -- None Available
Bank Of America Na $30,838 None Available
Guzman Rita $39,000 --
-- $28,100 --
Garcia Ramon $26,900 --
Garcia Ramon $26,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2013 06/18/13 Sold $20,100 -8.6% $15 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $22,000 -- $16 / Sq Ft
Source: MichRIC

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 $794 $100,800 $0 $0
2024 $794 $89,300 $0 $0
2023 $840 $78,400 $0 $0
2022 $780 $56,000 $0 $0
2021 $763 $46,400 $0 $0
2020 $729 $42,100 $0 $0
2019 $764 $37,100 $0 $0
2018 $738 $28,400 $0 $0
2017 $718 $22,700 $0 $0
2016 $727 $22,900 $0 $0
2015 $676 $22,900 $0 $0
2013 -- $20,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Tom Paarlberg

    Greenridge Realty (Corp)

    (616) 954-3480

    4 Total Sales

    Tom Paarlberg
    Section Image

  • D

    Buyer's Agent in 2013

    David Pena

    Homes 28

    (616) 245-7001

    21 in this area

    101 Total Sales

    David Pena
    Section Image
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Map

Source: MichRIC

MLS Number: 13020451

MichRIC

APN: 41-17-12-202-024

Michigan Kent County Grand Rapids 49507 Garfield Park

2043 Palace Ave SW, Grand Rapids, MI

Not Listed for Sale

Detached

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