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$299,900

Beds
5
Baths
1.0
sq ft
1,673

1114 Hermitage St SE, Grand Rapids, MI 49506

1114 Hermitage St SE

Grand Rapids, MI 49506

  • 26 days on market
Welcome to this inviting 5-bedroom, 1-bathroom home nestled in the sought-after East Hills neighborhood. Step inside to discover a large kitchen that seamlessly connects to the dining area and cozy living room, creating an ideal space for family gatherings and relaxation.Upstairs, you'll find four bedrooms, including one that holds fantastic potential for conversion into a second bathroom, allowing for enhanced convenience and flexibility.The backyard was re-leveled and features a beautiful stone patio that's perfect for fireside evenings or summer grilling. The yard provides ample space for outdoor activities, making it a great spot for entertaining or simply unwinding.The home is conveniently located near East Town, Midtown, and Heritage Hill and just 1.5 miles from downtown Grand Rapids and 2 miles from East Grand Rapids. Plenty of restaurants, bars, and coffee shops within easy reach. Enjoy the added convenience of being within walking distance to Madcap Coffee and Fulton Street Farmers Market, making this location a perfect blend of urban accessibility and neighborhood charm. Other key features include a screened in front porch and main floor laundry Don't miss out on this wonderful opportunity to own a home in one of Grand Rapids' most desirable areas. Schedule your visit today and experience all that this delightful property has to offer!

Details

Property type

Single Family Residence

Est. home value

$282,682

Lot size

3,049 sq ft

Price per sq ft

$180

Year built

1910

Annual property taxes

$3,482.33

Price History

09/04/2024
Realcomp

Realcomp #65024046344

Listed
$299,900
+36.32%
08/09/2022
Realcomp

Realcomp #65022028388

Sold
$220,000
+80.88%
01/19/2016
Realcomp

Realcomp #65015060133

Sold
$121,629

Schools & Community

Neighborhood: 

East 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

$72,627
Asking price
$299,900
Closing costs (~8% of asking)
-$23,992
Est. remaining loan balance
-$203,281
Cash to seller
$72,627

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

Seller’s Loan History

Lender

Mortgage 1 Inc

Loan start date

August 2022

Original loan amount

$209,000

Est. remaining balance

$203,281

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Maxwell Songer and Hannah Kok

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: 10/01/2024 at 9:35 AM

Listing updated: 09/22/2024 at 12:51 PM

Listed by: David F Buko, Green Crown Real Estate LLC Phone #: (810) 869-5181

MLS: Realcomp #65024046344

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