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$569,900

Beds
4
Baths
2.0
sq ft
2,231

1060 Cadillac Dr SE, Grand Rapids, MI 49506

1060 Cadillac Dr SE

Grand Rapids, MI 49506

  • 5 days on market
Now is your chance to be the proud new owner of 1060 Cadillac in the highly sought-after Ottawa Hills Neighborhood! The history and setting of this charming 4-bedroom 2 full bath Cape Cod home is the perfect location to enjoy all the EGR and gas light village amenities including parks, shopping, dining and Reeds Lake without paying the high taxes. Looking out your front door you're surrounded by beautiful homes plus GR Christian elementary school's playground, sports fields & Pontiac Park that are available for use to the community. This stately corner lot welcomes you through the front door with arched entry ways into the spacious living room with original hardwood floors, front bay windows,gas fireplace and matching arched built in bookcases. Wander into the dining room that is great for hosting large groups featuring a built-in buffet with shelving above plus additional storage space. The kitchen connected to the dining room has maple cabinetry, built in cook top and double wall ovens plus an updated stainless-steel refrigerator and a pantry for additional storage. The 3 seasons room is a wonderful space connected to the dining area where you will find yourself wanting to relax and unwind and escape from the hustle and bustle of everyday life. The back wing of the home offers 3 large bedrooms (new carpet in one of the bedrooms) with great closet space plus a bathroom with tiled tub/shower combo and great vanity and storage space. Upstairs you will love the owner's suite with a private stand-up tiled shower, amazing 25 ft cedar walk in closet with custom built ins plus an additional space that could be turned into a great office or nursery. The basement also has a finished rec room with a wood burning fireplace and brand-new carpet. Other features you will love is the completely fenced in low maintenance yard, vinyl windows throughout, underground sprinkling and main floor laundry. Don't delay on your chance to own this home.

Details

Property type

Single Family Residence

Est. home value

$576,037

Lot size

9,148 sq ft

Price per sq ft

$256

Year built

1948

Annual property taxes

$6,811

Price History

06/27/2024
Realcomp

Realcomp #65024032901

Listed
$569,900
+78.15%
07/15/2016
Realcomp

Realcomp #65016027267

Sold
$319,900
+19.61%
04/18/2014
Realcomp

Realcomp #65013064698

Sold
$267,450

Schools & Community

Neighborhood: 

Ottawa Hills

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

$258,402
Asking price
$569,900
Closing costs (~8% of asking)
-$45,592
Est. remaining loan balance
-$265,906
Cash to seller
$258,402

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

Seller’s Loan History

Lender

Old National Bank

Loan start date

July 2016

Original loan amount

$319,900

Est. remaining balance

$265,906

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

Margaret Shin Yasugi and Shinji Yasugi

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 7:00 PM

Listing updated: 07/02/2024 at 3:43 PM

Listed by: Lindsay J VanDuinen-Scully, RE/MAX of Grand Rapids (FH) Phone #: (616) 957-0700

MLS: Realcomp #65024032901

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