tomo logo

$212,000

Beds
3
Baths
1.0
sq ft
1,408

135 Fair St SE, Grand Rapids, MI 49507

135 Fair St SE

Grand Rapids, MI 49507

  • 3 days on market
Welcome to this charming 3 bedroom home. It is less than 5 minutes from the highway and only minutes from downtown Grand Rapids. The property holds so much potential and is fully equipped and ready to rent out. Don't miss out on this amazing investment opportunity. Schedule your showing today!!

Details

Property type

Single Family Residence

Est. home value

$175,945

Lot size

5,227 sq ft

Price per sq ft

$151

Year built

1900

Annual property taxes

$1,867.08

Price History

01/27/2025
Realcomp

Realcomp #65025003089

Listed
$212,000
+32.5%
05/02/2022
Realcomp

Realcomp #65022011250

Sold
$160,000

Schools & Community

Neighborhood: 

South East Community

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

$50,229
Asking price
$212,000
Closing costs (~8% of asking)
-$16,960
Est. remaining loan balance
-$144,811
Cash to seller
$50,229

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

Seller’s Loan History

Lender

Fifth Third Bank Na

Loan start date

May 2022

Original loan amount

$152,000

Est. remaining balance

$144,811

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Mireya Correa

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: 01/30/2025 at 10:00 PM

Listing updated: 01/29/2025 at 10:29 AM

Listed by: Milly J Orduna-Reyes, Lake Michigan Realty Mgmt Phone #: (616) 438-9082

MLS: Realcomp #65025003089

Realcomp logo