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$369,900

Beds
3
Baths
1.5
sq ft
1,673

1016 Leonard St NW, Grand Rapids, MI 49534

1016 Leonard St NW

Tallmadge Twp, MI 49534

  • 1 day on market
    • Open house Sep 22
Nestled on 0.78 acres, this beautiful home is located just 0.7 miles from Tallmadge Township, where you can enjoy pickleball, tennis, a playground, basketball, and walking trails. The property features a spacious backyard with a garden area, a large 16x20 storage shed, and a dining room that opens to a deck and cement patio. Inside, enjoy two living rooms--one with a cozy fireplace--and an modern kitchen with a granite island and large pantry. Extensive renovations in 2015 include a new roof, siding, windows, gutters, septic system, furnace, AC, water heater, and more. Pex water lines were installed in 2017. In Tallmadge Township, enjoy lower property taxes and no city income tax. Close to all shopping and restaurants.

Details

Property type

Single Family Residence

Est. home value

$328,996

Lot size

0.78 acres

Price per sq ft

$222

Year built

1961

Annual property taxes

$2,898.33

Price History

09/18/2024
Realcomp

Realcomp #65024049235

Listed
$369,900
+105.5%
12/23/2015
Realcomp

Realcomp #65015055884

Sold
$180,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Grandville

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

$200,405
Asking price
$369,900
Closing costs (~8% of asking)
-$29,592
Est. remaining loan balance
-$139,903
Cash to seller
$200,405

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

Seller’s Loan History

Lender

Lake Michigan Cu

Loan start date

December 2015

Original loan amount

$171,000

Est. remaining balance

$139,903

Interest rate

3.87%

Loan type

New Conventional, 30 year

Seller

James Arsulowicz and Theresa Arsulowicz

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?

Status: Active

Tomo last checked: 09/19/2024 at 3:10 PM

Listing updated: 09/18/2024 at 11:01 AM

Listed by: Vito (Jr.) E Dolci, Five Star Real Estate (Walker) Phone #: (616) 791-1010

MLS: Realcomp #65024049235

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