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$181,500

Beds
3
Baths
1.5
sq ft
1,296

1011 Bemis St SE, Grand Rapids, MI 49506

1011 Bemis St SE

Grand Rapids, MI 49506

  • 157 days on market
This beautiful home is available for purchase by an income-qualifying household! Boasting 3 bedrooms and 1.5 baths, this newly constructed home offers an open-concept layout, sleek kitchen, and energy-efficient features. With such close proximity to downtown amenities and parks, this is the perfect chance to own your own space in this vibrant community!This home is a part of the ICCF Community Homes Land Trust and households must meet specific requirements to be elligible. There is a cap on what a household can earn annually (see photos for details). Interested homeowners are encouraged to read the CHLT Homebuyer Guide before filling out an application to purchase this home.**Applications are required to be submitted along with all income documentation to be considered

Details

Property type

Single Family Residence

Est. home value

$134,607

Property condition

New Construction

Lot size

3,920 sq ft

Price per sq ft

$141

Year built

2023

Annual property taxes

$3,074.2

Monthly HOA fee

$60

Price History

01/29/2024
Realcomp

Realcomp #65024005081

Listed
$181,500
+294.57%
11/23/2016
Realcomp

Realcomp #65016057982

Sold
$46,000

Schools & Community

Neighborhood: 

Baxter

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Grand Rapids

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Tulie And Kirk Cousins Foundation

Loan start date

October 2023

Original loan amount

$750,000

Est. remaining balance

Not provided

Interest rate

7.09%

Loan type

Credit Line (Revolving)

Seller

Iccf Nonprofit Housing Corporation

Lender

City Of Grand Rapids

Loan start date

November 2022

Original loan amount

$125,000

Est. remaining balance

Not provided

Interest rate

6.7%

Loan type

Not Provided

Seller

Iccf Nonprofit Housing Corporation

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/04/2024 at 11:20 PM

Listing updated: 05/30/2024 at 2:57 PM

Listed by: Dakota Riehl-Davis, Phone #: (616) 336-9333

MLS: Realcomp #65024005081

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