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$162,000

Beds
2
Baths
1.0
sq ft
845

1262 Boston St SE, Grand Rapids, MI 49507

1262 Boston St SE

Grand Rapids, MI 49507

  • Pending
This is your chance to get out of rent and begin building equity of your own. Cute 2 bedroom ranch style home in the Boston Square/Alger area with fenced in shaded yard and off street parking. New roof 2020, new washer dryer 2021, foundation work 2021, New shed 2022. Parking on Boston in front and off street parking large enough for 3 vehicles accessed by the alley in the back of the home.Seller has directed broker to hold all offers until Sunday 3pm 6/30/2024.

Details

Property type

Single Family Residence

Est. home value

$171,312

Lot size

5,227 sq ft

Price per sq ft

$192

Year built

1910

Annual property taxes

$1,421.82

Price History

06/30/2024
Realcomp

Realcomp #65024032305

Pending
$162,000
06/25/2024
Realcomp

Realcomp #65024032305

Listed
$162,000
+72.34%
04/08/2020
Realcomp

Realcomp #71020009269

Sold
$94,000

Schools & Community

Neighborhood: 

South East End

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

$64,785
Asking price
$162,000
Closing costs (~8% of asking)
-$12,960
Est. remaining loan balance
-$84,255
Cash to seller
$64,785

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

Seller’s Loan History

Lender

Churchill Mortgage Corp

Loan start date

April 2020

Original loan amount

$92,053

Est. remaining balance

$84,255

Interest rate

3.49%

Loan type

New Conventional, 30 year

Seller

Ann Marie Churchill

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: Pending/Under Contract

Tomo last checked: 07/02/2024 at 7:35 PM

Listing updated: 06/30/2024 at 8:43 PM

Listed by: Cathy A Miller, Five Star Real Estate (Main) Phone #: (616) 791-1500

MLS: Realcomp #65024032305

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