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$199,900

Beds
4
Baths
2.0
sq ft
970

1169 3rd St NW, Grand Rapids, MI 49504

1169 3rd St NW

Grand Rapids, MI 49504

  • 2 days on market
    • Open house Sep 19
Investment opportunity! Come check out this single family home on the NW side of Grand Rapids ready for a new owner. Featuring 4 beds and 2 baths. Generous yard space. 2 stall garage that needs work. Property currently is rented so we are doing 2 open houses to allow everyone through. Thursday 4-6 PM and Saturday 11-1. Occupancy is subject to the tenants lease.

Details

Property type

Single Family Residence

Est. home value

$198,469

Lot size

5,227 sq ft

Price per sq ft

$207

Year built

1920

Annual property taxes

$3,000

Price History

09/16/2024
Realcomp

Realcomp #65024048909

Listed
$199,900
+42.79%
06/10/2021
Realcomp

Realcomp #65021015139

Sold
$140,000
+133.72%
03/24/2017
Realcomp

Realcomp #65016058655

Sold
$59,900

Schools & Community

Neighborhood: 

West Grand

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

$86,314
Asking price
$199,900
Closing costs (~8% of asking)
-$15,992
Est. remaining loan balance
-$97,594
Cash to seller
$86,314

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

June 2021

Original loan amount

$105,000

Est. remaining balance

$97,594

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Kaelyn Alisa Richards and Joseph James Richards

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?

Status: Active

Tomo last checked: 09/18/2024 at 9:30 PM

Listing updated: 09/18/2024 at 11:01 AM

Listed by: Gerald Feenstra, RE/MAX of Grand Rapids (Stndl) Phone #: (616) 791-0110

MLS: Realcomp #65024048909

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