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$250,000

Beds
4
Baths
1.0
sq ft
1,338

1370 Ashland Ave NE, Grand Rapids, MI 49505

1370 Ashland Ave NE

Grand Rapids, MI 49505

  • 30 days on market
    • Price drop $5,000↓
Welcome to the highly sought-after Creston neighborhood! This traditional 4 bedrooms, 1 bathroom home offers plenty of space. The spacious layout includes a formal dining room, a living room, and a mudroom at the rear entry. The house boasts a new roof and central air, providing peace of mind for the new owners. The clean basement presents an excellent opportunity for expansion, allowing you to add a bedroom or bathroom if desired. The exterior features an oversized driveway that leads to a 2-stall garage. Conveniently located in the heart of the city, you will find yourself just minutes away from Riverside and Aberdeen Park, Downtown GR, Highway 131, Lucy's Diner, and more! A perfect opportunity to invest in one of the nation's top up-and-coming real estate market!

Details

Property type

Single Family Residence

Est. home value

$235,014

Lot size

3,920 sq ft

Price per sq ft

$187

Year built

1875

Annual property taxes

$2,794

Price History

11/21/2024
Realcomp

Realcomp #65024060455

Listed
$250,000
+21.95%
08/20/2021
Realcomp

Realcomp #65021064918

Sold
$205,000
+144.05%
08/05/2014
Realcomp

Realcomp #65014015106

Sold
$84,000
+320%

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

$45,531
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$184,469
Cash to seller
$45,531

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

Seller’s Loan History

Lender

Private Mortgage Wholesale Inbc

Loan start date

August 2021

Original loan amount

$198,850

Est. remaining balance

$184,469

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Jorge Adan Hechavarria

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: 12/22/2024 at 9:00 AM

Listing updated: 12/03/2024 at 9:55 AM

Listed by: Abisai Munoz, City2Shore Real Estate (GR) Phone #: (616) 325-1310

MLS: Realcomp #65024060455

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