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$240,000

Beds
4
Baths
1.5
sq ft
1,496

1024 Hoyt St SE, Grand Rapids, MI 49507

1024 Hoyt St SE

Grand Rapids, MI 49507

  • Pending
    • Price drop $10,000↓
-Back on the Market - Welcome to 1024 Hoyt! Nestled in Alger heights, this 4 bedroom, 1.5 bathroom home has so much to offer. On the main floor you have a sizable living room, a dining room with beautiful built ins, another eating area, kitchen and a half bath. Upstairs you will find 3 large bedrooms and a full bath. Downstairs is the laundry and another bedroom. Walking distance from the home is shopping, dining, playgrounds and so much more! Offers are due Monday September 23, 2024 by 7:00 PM.

Details

Property type

Single Family Residence

Est. home value

$282,250

Lot size

5,227 sq ft

Price per sq ft

$161

Year built

1949

Annual property taxes

$2,320.72

Price History

10/29/2024
Realcomp

Realcomp #65024048883

Pending
$240,000
10/18/2024
Realcomp

Realcomp #65024048883

Price change
$240,000
-4%
10/15/2024
Realcomp

Realcomp #65024048883

Price change
$250,000
-5.66%

Schools & Community

Neighborhood: 

Alger Heights

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

$128,893
Asking price
$240,000
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$91,907
Cash to seller
$128,893

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

Seller’s Loan History

Lender

First National Bank Of Michigan

Loan start date

April 2017

Original loan amount

$108,090

Est. remaining balance

$91,907

Interest rate

4.15%

Loan type

New Conventional, 30 year

Seller

James R Dirksen Iii and James R Dirksen Jr

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: Pending/Under Contract

Tomo last checked: 11/08/2024 at 9:25 AM

Listing updated: 10/29/2024 at 9:10 PM

Listed by: Sarah A Harper, Keller Williams GR East Phone #: (616) 575-1800

MLS: Realcomp #65024048883

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