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$209,500

Beds
3
Baths
1.0
sq ft
1,302

1014 Underhill Ave SW, Grand Rapids, MI 49503

1014 Underhill Ave SW

Grand Rapids, MI 49503

  • 25 days on market
    • Price drop $5,500↓
This Grand Rapids residence is ready to be your new home. It features major updates throughout. Upstairs, you'll find two bedrooms and a cozy loft sitting area. The main floor offers an additional bedroom and a full bathroom. The new concrete driveway enhances off-street parking convenience. Enjoy the backyard patio and a single-stall detached garage, all set amid beautiful landscaping, making this an affordable and attractive home.

Details

Property type

Single Family Residence

Est. home value

$173,897

Lot size

3,920 sq ft

Price per sq ft

$161

Year built

1900

Annual property taxes

$1,774

Price History

06/21/2024
Realcomp

Realcomp #65024028890

Price change
$209,500
-2.56%
06/13/2024
Realcomp

Realcomp #65024028890

Price change
$215,000
-4.44%
06/07/2024
Realcomp

Realcomp #65024028890

Listed
$225,000
+55.17%

Schools & Community

Neighborhood: 

Roosevelt Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Grand Rapids

Negotiation Insights

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

Seller could get up to

$53,846
Asking price
$209,500
Closing costs (~8% of asking)
-$16,760
Est. remaining loan balance
-$138,894
Cash to seller
$53,846

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

October 2022

Original loan amount

$142,373

Est. remaining balance

$138,894

Interest rate

5.13%

Loan type

FHA, 30 year

Seller

Renee Marie Bower and Jason P Davis

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: 07/02/2024 at 6:50 PM

Listing updated: 06/27/2024 at 1:23 PM

Listed by: Ethan Dozeman, City2Shore Arete Collection Inc Phone #: (616) 719-1949

MLS: Realcomp #65024028890

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