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$309,900

Beds
3
Baths
1.0
sq ft
1,052

1261 Parkway Dr NE, Grand Rapids, MI 49525

1261 Parkway Dr NE

Grand Rapids, MI 49525

  • 61 days on market
    • Price drop $10,000↓
Updated ranch on the NE side of Grand Rapids. This 3 bedroom home is move-in ready with updated kitchen, vinyl flooring, appliances and bathroom with tile shower. Newer roof, cabinets, counters and more. Huge fenced in backyard with pool is the perfect entertaining spot all summer long. Finished basement with tons of additional hang out space. Floorplan is highly functional and makes home feel larger than its footprint. Schedule a private showing before this one is gone.

Details

Property type

Single Family Residence

Est. home value

$285,842

Lot size

0.31 acres

Price per sq ft

$295

Year built

1981

Annual property taxes

$3,169

Price History

10/08/2024
Realcomp

Realcomp #65024050319

Price change
$309,900
-3.13%
09/24/2024
Realcomp

Realcomp #65024050319

Listed
$319,900
+48.17%
07/02/2020
Realcomp

Realcomp #65020018164

Sold
$215,900
+34.94%

Schools & Community

Neighborhood: 

Creston

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

$25,199
Asking price
$309,900
Closing costs (~8% of asking)
-$24,792
Est. remaining loan balance
-$259,909
Cash to seller
$25,199

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2023

Original loan amount

$264,000

Est. remaining balance

$259,909

Interest rate

6.35%

Loan type

VA, 30 year

Seller

Davinder Chana and Sara Chana

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: 11/25/2024 at 6:10 AM

Listing updated: 11/09/2024 at 11:45 AM

Listed by: Chadwick W Jurgens, Apex Realty Group Phone #: (616) 277-1463

MLS: Realcomp #65024050319

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