NOT LISTED FOR SALE

2101 Palace Ave SW Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $198,000 - $219,000

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold December 23, 2021

Last sale price $175,000

Est. 20% increase in value since last sale

Current estimated payment $1,478/month

8 Days on Market

About This Home

As of December 2021

Welcome to a fair priced 2 family with many recent updates. The lower unit has a kitchen, eating area, living room, full bath, and 2 bedrooms. The upper unit has a kitchen, living room, full bath, 2 bedrooms, and a few bonus areas. Other perks include: new siding and fenced in backyard, windows, central air, electrical box, shared basement with laundry, close to the highway, and many more perks. All offers are due at 8 pm on 10.22.21. Call for a private showing today!

Last Agent to Sell the Property

Doug Takens

Independence Realty (Main) License #6501343127 Listed on: 10/17/2021

Last Buyer's Agent

Justin Wisniewski

616 Realty LLC License #6501427163

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,555

Year Built

  • Built in 1905

Lot Details

  • 4,356

Parking

  • 2 Parking Spaces

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected

Additional Features

  • Michigan Basement
  • 4,356 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,555

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 175000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1554.66
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2021
Closed on
Dec 23, 2021
Sold by
Rafael Gomez
Bought by
Firack Alec Jason and Firack Mercy Jean
Seller's Agent
Doug Takens
Independence Realty (Main)
Buyer's Agent
Justin Wisniewski
616 Realty LLC
List Price
$175,000
Sold Price
$175,000
Total Days on Market
8
Current Estimated Value
$210,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,860
Avg. Annual Appreciation
4.81%
Original Mortgage
$166,250
Outstanding Balance
$156,875
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$48,990

Purchase Details

Listed on
Oct 17, 2021
Closed on
Dec 20, 2021
Sold by
Tryon Mortgage Pass Through Certificate
Bought by
Gomez Rafael
Seller's Agent
Doug Takens
Independence Realty (Main)
Buyer's Agent
Justin Wisniewski
616 Realty LLC
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Outstanding Balance
$156,875
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$48,990

Purchase Details

Closed on
Mar 18, 2021
Sold by
Gomez Rogelio and Gomez Juanita
Bought by
Gomez Rafael

Purchase Details

Closed on
Jun 26, 1996
Sold by
Tryon Stebbins and Tryon Mtg
Bought by
Tryon Mtg and Gomez Rogelio Juanita

Purchase Details

Closed on
Dec 16, 1993

Purchase Details

Closed on
Dec 15, 1993
Sold by
Great Stebbins and Great Lakes
Bought by
Gomez Rogelio Juanita

Purchase Details

Closed on
Jun 23, 1993
Sold by
Unt Lf W and Unt Gomez R
Bought by
Gomez Rogelio Juanita

Purchase Details

Closed on
Jul 6, 1992
Sold by
Glover Glover P P and Glover Stebbins M
Bought by
Gomez Rogelio Juanita

Purchase Details

Closed on
Jun 24, 1992
Sold by
Sutter Sutter L L and Sutter Glover P
Bought by
Gomez Rogelio Juanita

Purchase Details

Closed on
Jun 19, 1992
Sold by
Sutter Sutter L L and Sutter L
Bought by
Gomez Rogelio Juanita
Source: Public Records

Range of Values:

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Average Value
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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
Firack Alec Jason $175,000 Clearstream Title
Gomez Rafael -- None Listed On Document
Gomez Rafael $33,000 Clearstream Title
Tryon Mtg -- --
-- -- --
Gomez Rogelio Juanita -- --
Gomez Rogelio Juanita $25,000 --
Gomez Rogelio Juanita $15,000 --
Gomez Rogelio Juanita -- --
Gomez Rogelio Juanita -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Firack Alec Jason $166,250
Previous Owner Gomez Rafael $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $175,000 0.0% --
10/25/2021 10/25/21 Pending -- -- --
10/17/2021 10/17/21 For Sale $175,000 -- --
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 $3,592 $90,200 $0 $0
2023 $2,810 $80,200 $0 $0
2022 $2,972 $69,500 $0 $0
2021 $1,449 $58,400 $0 $0
2020 $1,401 $49,800 $0 $0
2019 $1,780 $41,700 $0 $0
2018 $1,390 $34,300 $0 $0
2017 $1,356 $28,800 $0 $0
2016 $1,363 $25,400 $0 $0
2015 $1,589 $25,400 $0 $0
2013 -- $26,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Doug Takens

    Seller's Agent in 2021

    Doug Takens

    Independence Realty (Main)

    (616) 262-4574

    6 in this area

    790 Total Sales

    Doug Takens
    Section Image

  • J

    Buyer's Agent in 2021

    Justin Wisniewski

    616 Realty LLC

    (231) 638-1122

    5 in this area

    131 Total Sales

    Justin Wisniewski
    Section Image
  • Caitlyn Wisniewski

    Buyer Co-Listing Agent in 2021

    Caitlyn Wisniewski

    616 Realty LLC

    (616) 826-5134

    7 in this area

    358 Total Sales

    Caitlyn Wisniewski
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21111193

Southwestern Michigan Association of REALTORS®

APN: 41-17-12-206-014

Michigan Kent County Grand Rapids 49507 Garfield Park

2101 Palace Ave SW, Grand Rapids, MI

This home is located at 2101 Palace Ave SW, Grand Rapids, MI 49507 since 17 October 2021 and is currently estimated at $210,860. This property was built in 1905. 2101 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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