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$199,000

Beds
3
Baths
1.0
sq ft
1,229

1112 Alexander St SE, Grand Rapids, MI 49507

1112 Alexander St SE

Grand Rapids, MI 49507

  • 47 days on market
    • Price drop $10,900↓
Back on the Market 6/12: BUYER financing fell through 3 days before close. Welcome to your future home sweet home! This delightful abode has undergone a remarkable transformation, boasting a brand-new roof, fresh paint job, and luxurious LVP (Luxury Vinyl Plank) flooring that exudes modern elegance. Step into comfort and style as you walk across the plush carpet that adds warmth and coziness to every step. Priced lower than your typical rental, this charming residence offers an incredible opportunity to invest in your future. Say goodbye to renting and hello to homeownership! With this property, you're not just purchasing a house, you're securing your future and building equity with each passing day. Perfect for first-time homebuyers or seasoned investors looking to....expand their portfolio, this home promises to grow with you and adapt to your evolving needs. Whether you're starting a family, pursuing new career opportunities, or simply seeking a place to call your own, this meticulously redone home is ready to welcome you with open arms. Don't miss out on the chance to own a piece of the future. Schedule a viewing today and experience the endless possibilities that await you in this beautifully renovated home! NOTE: Stove & Refrigerator have been installed.

Details

Property type

Single Family Residence

Est. home value

$193,807

Lot size

2,614 sq ft

Price per sq ft

$162

Year built

1922

Annual property taxes

$4,186

Price History

06/12/2024
Realcomp

Realcomp #65024024235

Price change
$199,000
-5.19%
06/12/2024
Realcomp

Realcomp #65024024235

Listed
$209,900
06/08/2024
Realcomp

Realcomp #65024024235

Pending
$209,900

Schools & Community

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

$90,680
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$92,400
Cash to seller
$90,680

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

October 2022

Original loan amount

$94,500

Est. remaining balance

$92,400

Interest rate

5.66%

Loan type

New Conventional, 30 year

Seller

Kirsten Oosterbaan and Erik Oosterbaan

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 7:15 PM

Listing updated: 06/18/2024 at 10:04 AM

Listed by: Tammy Jo Budzynski, Keller Williams GR North Phone #: (616) 447-9100

MLS: Realcomp #65024024235

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