NOT LISTED FOR SALE

2222 Palace Ave SW Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $153,000 - $210,000

2 Beds
1 Bath
864 Sq Ft
$208/Sq Ft Est. Value

Last Sold July 09, 2014

Last sale price $50,000 $58 Per Sq Ft

Est. 242% increase in value since last sale

Current estimated payment $993/month

11 Days on Market

About This Home

As of July 2014

This home is located at 2222 Palace Ave SW, Grand Rapids, MI 49507 since 16 June 2014 and is currently estimated at $180,038, approximately $208 per square foot. This property was built in 1927. 2222 Palace Ave SW is a home located in Kent County with nearby schools including Burton Elementary School, Burton Middle School, and Union High School.

Last Agent to Sell the Property

David Pena

Homes 28 Listed on: 06/16/2014

Last Buyer's Agent

David Pena

Homes 28 Listed on: 06/16/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $732

Year Built

  • Built in 1927

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • 864 Sq Ft Home
  • Brick Exterior Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$732

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1927
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 864.0

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • List Price: 55000.0

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2014
Closed on
Jul 9, 2014
Sold by
Ramirez Clara J
Bought by
Gonzalez Antonio Reyes and Hernandez Luz Maria
Seller's Agent
David Pena
Homes 28
Buyer's Agent
David Pena
Homes 28
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%
Current Estimated Value
$170,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,938
Avg. Annual Appreciation
11.40%
Original Mortgage
$25,000
Outstanding Balance
$21,508
Interest Rate
8%
Mortgage Type
Unknown
Estimated Equity
$144,646

Purchase Details

Closed on
Oct 2, 2013
Sold by
Ramirez Victoria T
Bought by
Ramirez Clara J

Purchase Details

Listed on
Dec 28, 2012
Closed on
Jan 23, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ramirez Victoria T
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
David Pena
Homes 28
List Price
$19,900
Sold Price
$20,100
Premium/Discount to List
$200
1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.28%

Purchase Details

Closed on
Oct 17, 2012
Sold by
Kiefer James M and Kiefer Renee W
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 16, 1995
Sold by
Vandam Vandam R R and Vandam Kiefer J
Bought by
Ramirez Kiefer J and Ramirez Clara J

Purchase Details

Closed on
Apr 18, 1990
Sold by
Dejong Dejong T T and Dejong Hall P
Bought by
Ramirez Clara J

Purchase Details

Closed on
Mar 16, 1990
Sold by
Hall Hall P P and Hall D
Bought by
Ramirez Clara J

Purchase Details

Closed on
Feb 28, 1990
Sold by
Don Velding and Hall P
Bought by
Ramirez Clara J

Purchase Details

Closed on
Sep 20, 1983
Sold by
Apol Apol T T and Apol Hall P
Bought by
Ramirez Clara J
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
Gonzalez Antonio Reyes $50,000 Sun Title Agency
Ramirez Clara J -- None Available
Ramirez Victoria T $20,100 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corporation $14,914 None Available
Ramirez Kiefer J $33,700 --
Ramirez Clara J $22,500 --
Ramirez Clara J $25,500 --
Ramirez Clara J $100 --
Ramirez Clara J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Luz Maria $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2014 07/09/14 Sold $50,000 -9.1% $58 / Sq Ft
06/27/2014 06/27/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $55,000 +173.6% $64 / Sq Ft
01/23/2013 01/23/13 Sold $20,100 +1.0% $23 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
12/28/2012 12/28/12 For Sale $19,900 -- $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 $732 $73,300 $0 $0
2024 $732 $63,900 $0 $0
2023 $701 $55,400 $0 $0
2022 $705 $45,800 $0 $0
2021 $689 $38,200 $0 $0
2020 $659 $34,800 $0 $0
2019 $690 $30,700 $0 $0
2018 $667 $23,000 $0 $0
2017 $649 $18,600 $0 $0
2016 $657 $18,700 $0 $0
2015 $616 $18,700 $0 $0
2013 -- $16,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    David Pena

    Homes 28

    (616) 245-7001

    15 in this area

    102 Total Sales

    Section Image
  • Michael Balsitis

    Seller's Agent in 2013

    Michael Balsitis

    Bellabay Realty LLC

    (616) 813-5522

    1 in this area

    34 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14033814

Southwestern Michigan Association of REALTORS®

APN: 41-17-12-255-006

Michigan Kent County Grand Rapids 49507 Garfield Park

2222 Palace Ave SW, Grand Rapids, MI

This home is located at 2222 Palace Ave SW, Grand Rapids, MI 49507 since 16 June 2014 and is currently estimated at $180,038, approximately $208 per square foot. This property was built in 1927. 2222 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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