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$198,000

Beds
3
Baths
1.5
sq ft
1,544

1032 Thomas St SE, Grand Rapids, MI 49506

1032 Thomas St SE

Grand Rapids, MI 49506

  • 26 days on market
    • Price drop $6,900↓
Discover the charm of this beautifully updated home, featuring brand new flooring and paint throughout, creating a bright and inviting atmosphere. With a new roof and windows installed in 2018 and updated PEX plumbing, you can enjoy peace of mind and low maintenance living. Located conveniently close to shopping and dining, this property offers the perfect blend of comfort and convenience. Offering a touch of vintage elegance with a luxurious clawfoot tub. Don't miss the chance to make this home yours! Offers reviewed as received.

Details

Property type

Single Family Residence

Est. home value

$221,047

Lot size

3,920 sq ft

Price per sq ft

$129

Year built

1890

Annual property taxes

$3,172.96

Price History

11/19/2024
Realcomp

Realcomp #65024056487

Price change
$198,000
-3.37%
11/06/2024
Realcomp

Realcomp #65024056487

Price change
$204,900
-6.82%
10/26/2024
Realcomp

Realcomp #65024056487

Listed
$219,900
+87.15%

Schools & Community

Neighborhood: 

Baxter

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

$64,095
Asking price
$198,000
Closing costs (~8% of asking)
-$15,840
Est. remaining loan balance
-$118,065
Cash to seller
$64,095

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

Seller’s Loan History

Lender

Neighborhood Loans

Loan start date

November 2021

Original loan amount

$126,200

Est. remaining balance

$118,065

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Marcus Casey Wiersma and Melanie Lynne Wiersma

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: 11/22/2024 at 4:05 AM

Listing updated: 11/19/2024 at 5:00 PM

Listed by: Nicholas Williams, Dykstra Real Estate LLC Phone #: (616) 826-4387

MLS: Realcomp #65024056487

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