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$305,000

Beds
3
Baths
1.5
sq ft
1,546

1318 Wealthy St SE, Grand Rapids, MI 49506

1318 Wealthy St SE

Grand Rapids, MI 49506

  • 89 days on market
    • Price drop $15,000↓
sellers now offering $10,000.00 is concession to buyer for updates.Welcome to this charming home in the desirable Eastown neighborhood! This home boasts beautiful woodwork throughout, adding to its classic character and timeless appeal. 3-bedrooms, 1.5-bathroom residence with so much classic character and close to so many amenities: schools, public transport, restaurants, and shops. There is potential to finish the walk up attic space as well. Don't miss your chance to make this wonderful house your new home! Schedule a tour today and experience all that this fantastic Eastown property has to offer!

Details

Property type

Single Family Residence

Est. home value

$316,743

Lot size

5,227 sq ft

Price per sq ft

$198

Year built

1910

Annual property taxes

$4,931.6

Price History

10/02/2024
Realcomp

Realcomp #65024040836

Price change
$305,000
-4.69%
09/06/2024
Realcomp

Realcomp #65024040836

Price change
$320,000
-3.03%
08/07/2024
Realcomp

Realcomp #65024040836

Listed
$330,000
+63.37%

Schools & Community

Neighborhood: 

Eastown

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

$170,244
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$110,356
Cash to seller
$170,244

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

Seller’s Loan History

Lender

The Huntington National Bank

Loan start date

October 2020

Original loan amount

$121,200

Est. remaining balance

$110,356

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Kevin Kuske and Antoninette Kuske

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: 11/05/2024 at 1:40 AM

Listing updated: 10/28/2024 at 2:10 PM

Listed by: Tedros T Fremichael, Grand River Realty Phone #: (616) 389-0881

MLS: Realcomp #65024040836

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