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$299,900

Beds
3
Baths
1.5
sq ft
1,300

1025 Springwood Dr SE, Grand Rapids, MI 49508

1025 Springwood Dr SE

Kentwood, MI 49508

  • 7 days on market
Charming 3 bedroom, 1.5 bath many updated home close to local amenities such as parks, restaurants, schools, shopping centers, airport, and easy access to free way. The main level features sunken living room w/marble wood-burning fireplace, spacious kitchen, laundry, half bath, dining room, and sliders from the dining area leading to large wood deck. The upper level has a full bath connected to the master w/dual closet, and 2 bedrooms w/large closets. The lower level has a finished family room, mechanical room & storage. Newer windows, new laminated flooring, new roof 2016, new furnace and AC 2017. Buyer and buyer's agent to verify all information.

Details

Property type

Single Family Residence

Est. home value

$277,414

Lot size

0.25 acres

Price per sq ft

$231

Year built

1975

Annual property taxes

$2,887.72

Price History

09/10/2024
Realcomp

Realcomp #65024047723

Listed
$299,900
+89.81%
09/27/2017
Realcomp

Realcomp #65017039810

Sold
$158,000
+31.67%
03/24/2014
Realcomp

Realcomp #65014007466

Sold
$120,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Kentwood

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

$142,408
Asking price
$299,900
Closing costs (~8% of asking)
-$23,992
Est. remaining loan balance
-$133,500
Cash to seller
$142,408

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

Seller’s Loan History

Lender

Mercantile Bank Of Michigan

Loan start date

September 2017

Original loan amount

$155,138

Est. remaining balance

$133,500

Interest rate

3.9%

Loan type

FHA, 30 year

Seller

Tual Khan Mang and Hau Lam Niang

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: 09/17/2024 at 11:20 PM

Listing updated: 09/11/2024 at 9:11 AM

Listed by: Pau N Suan, Berkshire Hathaway HomeServices Michigan Real Esta Phone #: (616) 554-7277

MLS: Realcomp #65024047723

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