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$224,900

Beds
3
Baths
1.0
sq ft
1,200

1362 Leonard St NW, Grand Rapids, MI 49504

1362 Leonard St NW

Grand Rapids, MI 49504

  • 61 days on market
    • Price drop $10,000↓
Check out this charming 3 bed 1 bath home on the Northwest side of Grand Rapids! Find a peaceful oasis while being close to the excitement of downtown life. The home boasts high ceilings, hardwood floors, a large kitchen and living room, a fenced in back yard, and plenty of natural light. An oversized detached garage gives plenty of space for parking or storage, and also includes a finished space perfect for work or relaxation.

Details

Property type

Single Family Residence

Est. home value

$243,734

Lot size

8,276 sq ft

Price per sq ft

$188

Year built

1880

Annual property taxes

$1,555

Price History

10/17/2024
Realcomp

Realcomp #65024046272

Price change
$224,900
-4.26%
09/04/2024
Realcomp

Realcomp #65024046272

Listed
$234,900
+136.08%
12/16/2015
Realcomp

Realcomp #65015050501

Sold
$99,500
+148.75%

Schools & Community

Neighborhood: 

West Grand

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

$102,770
Asking price
$224,900
Closing costs (~8% of asking)
-$17,992
Est. remaining loan balance
-$104,138
Cash to seller
$102,770

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

October 2019

Original loan amount

$116,000

Est. remaining balance

$104,138

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Kelly Lewis and Patrick Lewis

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: 11/04/2024 at 11:25 PM

Listing updated: 10/17/2024 at 3:25 PM

Listed by: David W VanDyke, Green Property Management LLC Phone #: (866) 954-7336

MLS: Realcomp #65024046272

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