NOT LISTED FOR SALE

2147 Palace Ave SW Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $165,000 - $209,000

2 Beds
1 Bath
784 Sq Ft
$231/Sq Ft Est. Value

Last Sold September 28, 2012

Last sale price $13,500 $17 Per Sq Ft

Est. 1,240% increase in value since last sale

Current estimated payment $1,046/month

76 Days on Market

About This Home

As of September 2012

Price Reduced!! HUD Home. This 2 Bedroom 1 Bath home features wood floors, with some appliances included. This home has much potential! Repairs: REPAIR DEFECTIVE PLUMBING SYSTEM. For overbidding and/or escrow repair information, please see attached Overbidding and Escrow Repair'' MLS addendum. Lead Based Paint Addendum Required.

Last Agent to Sell the Property

Carlos Hernandez

Harborland Realty LLC License #6501328583 Listed on: 06/23/2012

Last Buyer's Agent

Gerardo VacaGuzman

Independence Realty (Main)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,097

Year Built

  • Built in 1915

Lot Details

  • 4,340

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 784 Sq Ft Home
  • Living Room
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 4,340 Sq Ft Lot
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,097

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1915
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 784.0

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • List Price: 13860.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved

Garage/Parking

  • Garage: Yes

Utilities

  • Utilities: Telephone Line, Cable Connected

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4340.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2013
Sold by
Figueroa Faustino
Bought by
Garcia Juan Garcia
Current Estimated Value
$180,859

Purchase Details

Listed on
Jun 23, 2012
Closed on
Sep 24, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Figueroa Faustino
Seller's Agent
Carlos Hernandez
Harborland Realty LLC
Buyer's Agent
Gerardo VacaGuzman
Independence Realty (Main)
List Price
$18,000
Sold Price
$13,500
Premium/Discount to List
-$4,500
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.36%

Purchase Details

Closed on
Dec 16, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
May 19, 2010
Sold by
Aparicio Pablo P
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Mar 8, 2006
Sold by
Blue Sky Investments Co Llc
Bought by
Aparicio Pablo P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,441
Interest Rate
6.33%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 2005
Sold by
Luby Robert C and Luby Annette
Bought by
Blue Sky Investments Co Llc

Purchase Details

Closed on
Sep 17, 2004
Sold by
Luby Charles J and Charles Luby Living Trust 2000
Bought by
Luby Rev Robert C and Luby Annette

Purchase Details

Closed on
Nov 30, 2000
Sold by
Luby Luby D D and Luby C
Bought by
Garcia Luby C and Garcia Juan Garcia

Purchase Details

Closed on
Oct 23, 2000
Sold by
Luby Charles J
Bought by
Luby Charles J and Charles Luby Living Trust

Purchase Details

Closed on
Sep 28, 1995
Sold by
Luby Luby D D and Luby D
Bought by
Garcia Juan Garcia
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
Garcia Juan Garcia -- None Available
Figueroa Faustino $13,500 None Available
The Secretary Of Housing & Urban Develop -- None Available
Bac Home Loans Servicing Lp $73,461 None Available
Aparicio Pablo P $71,000 None Available
Blue Sky Investments Co Llc $50,000 Prime Title Services Llc
Luby Rev Robert C $35,000 --
Garcia Luby C -- --
Luby Charles J -- --
Garcia Juan Garcia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aparicio Pablo P $70,441
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2012 09/28/12 Sold $13,500 -25.0% $17 / Sq Ft
09/07/2012 09/07/12 Pending -- -- --
06/23/2012 06/23/12 For Sale $18,000 -- $23 / 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 $1,097 $73,000 $0 $0
2024 $1,097 $64,300 $0 $0
2023 $1,088 $56,200 $0 $0
2022 $1,034 $44,600 $0 $0
2021 $1,008 $37,000 $0 $0
2020 $868 $32,100 $0 $0
2019 $566 $28,300 $0 $0
2018 $566 $21,600 $0 $0
2017 $551 $17,300 $0 $0
2016 $558 $17,400 $0 $0
2015 $519 $17,400 $0 $0
2013 -- $14,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Carlos Hernandez

    Harborland Realty LLC

    Section Image

  • G

    Buyer's Agent in 2012

    Gerardo VacaGuzman

    Independence Realty (Main)

    (616) 669-0463

    10 Total Sales

    Gerardo VacaGuzman
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12035179

Southwestern Michigan Association of REALTORS®

APN: 41-17-12-206-025

Michigan Kent County Grand Rapids 49507 Garfield Park

2147 Palace Ave SW, Grand Rapids, MI

This home is located at 2147 Palace Ave SW, Grand Rapids, MI 49507 since 23 June 2012 and is currently estimated at $180,859, approximately $230 per square foot. This property was built in 1915. 2147 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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