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$449,900

Beds
3
Baths
2.0
sq ft
1,183

1159 Lakeside Dr SE, Grand Rapids, MI 49506

1159 Lakeside Dr SE

East Grand Rapids, MI 49506

  • 30 days on market
1159 Lakeside sits in the heart of East Grand Rapids, a block away from Lakeside Elementary and a short walk to Gaslight Village, restaurants, the library, and Reeds Lake. You'll appreciate the care with which this adorable home has been maintained. It sits on quiet tree lined street, with friendly neighbors. Inside are 3 bedrooms and 2 full baths. The solid wood floors are in excellent shape and the kitchen was recently updated. Outside you can relax on the back deck in the private back yard. The roof, AC and furnace have all been replaced within the past couple years, creating a low maintenance oasis for the future owner. Don't miss this opportunity for a fantastic quality of life!

Details

Property type

Single Family Residence

Est. home value

$392,782

Lot size

5,663 sq ft

Price per sq ft

$381

Year built

1952

Annual property taxes

$6,951

Price History

08/21/2024
Realcomp

Realcomp #65024043752

Listed
$449,900
+71.23%
02/19/2020
Realcomp

Realcomp #65019057858

Sold
$262,750
+11.81%
07/22/2015
Realcomp

Realcomp #65015030184

Sold
$235,000
+35.1%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

East 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

$367,461
Asking price
$449,900
Closing costs (~8% of asking)
-$35,992
Est. remaining loan balance
-$46,447
Cash to seller
$367,461

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

Seller’s Loan History

Lender

Lake Michigan Cu

Loan start date

February 2020

Original loan amount

$80,000

Est. remaining balance

$46,447

Interest rate

3.16%

Loan type

New Conventional, 10 year

Seller

Kenneth M Hoffman and Cynthia K Hoffman

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: 09/20/2024 at 7:50 PM

Listing updated: 08/29/2024 at 10:28 PM

Listed by: David J Kirchgessner, Greenridge Realty (EGR) Phone #: (616) 458-3655

MLS: Realcomp #65024043752

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