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$274,900

Beds
3
Baths
2.0
sq ft
1,900

117 Hastings St NE, Grand Rapids, MI 49503

117 Hastings St NE

Grand Rapids, MI 49503

  • 97 days on market
Discover potential at 117 Hastings Ave NE! This vacant single-family home overlooks Grand Rapids' vibrant Medical Mile. With unlimited possibilities for customization, this property offers a spacious lot ripe for a remodel. Enjoy the convenient location as an home owner or tap into the mid term rental market catering to medical professionals or visitors. Rare off street parking available. Enjoy easy access to top healthcare facilities and city amenities. Embrace the opportunity to craft your dream residence in this coveted location. The seller moved from the area and can no longer manager the remodel he had envisioned. His lost is your gain. Act now, for a quick sale. Seller will consider creative financing with the right partner/contractor.

Details

Property type

Single Family Residence

Est. home value

$327,908

Lot size

4,356 sq ft

Price per sq ft

$145

Year built

1875

Annual property taxes

$5,584

Price History

09/16/2024
Realcomp

Realcomp #65024048818

Listed
$274,900
-5.17%
08/01/2024
Realcomp

Realcomp #65024014340

Removed
$289,900
07/02/2024
Realcomp

Realcomp #65024014340

Price change
$289,900
-6.18%

Schools & Community

Neighborhood: 

Belknap Lookout

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

$79,222
Asking price
$274,900
Closing costs (~8% of asking)
-$21,992
Est. remaining loan balance
-$173,686
Cash to seller
$79,222

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

Seller’s Loan History

Lender

Hometown Lenders Inc

Loan start date

July 2022

Original loan amount

$180,000

Est. remaining balance

$173,686

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Richard Broene

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: 12/22/2024 at 2:10 PM

Listing updated: 09/17/2024 at 11:21 AM

Listed by: Timothy J VandenToorn, United Realty Services LLC Phone #: (616) 965-2304

MLS: Realcomp #65024048818

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