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$210,000

Beds
2
Baths
1.0
sq ft
692

1516 Colorado Ave SE, Grand Rapids, MI 49507

1516 Colorado Ave SE

Grand Rapids, MI 49507

  • 15 days on market
    • Price drop $10,000↓
Welcome home to a beautifully updated 2-bedroom, 1-bathroom home that combines comfort and modern convenience. The kitchen was completely remodeled in 2020 with new appliances, countertops, and cabinets, creating a functional and stylish space. The bathroom was also updated in 2020, along with essential upgrades to the plumbing and gutters, plus a new driveway. With a full basement that has a great spot for a small desk or work area along with some extra storage and a private backyard, this home is sure to please. Located in a quiet, well-connected neighborhood, you'll have easy access to downtown Grand Rapids, schools, parks, and shopping. Home was also professionally cleaned prior to listing so it's truly move-in-ready! - Open House Saturday 11/9/2024 from 11am - 1pm.

Details

Property type

Single Family Residence

Est. home value

$232,906

Lot size

5,663 sq ft

Price per sq ft

$304

Year built

1929

Annual property taxes

$3,153.69

Price History

11/18/2024
Realcomp

Realcomp #65024058042

Price change
$210,000
-4.55%
11/06/2024
Realcomp

Realcomp #65024058042

Listed
$220,000
+39.24%
07/21/2020
Realcomp

Realcomp #65020022543

Sold
$158,000

Schools & Community

Neighborhood: 

South East End

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Grand Rapids

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Carrington Mortgage Services Llc

Loan start date

August 2023

Original loan amount

$9,327

Est. remaining balance

$9,166

Interest rate

6.67%

Loan type

FHA, 27 year

Seller

Jessica Ledesma

Lender

Van Dyk Mortgage Corp

Loan start date

July 2020

Original loan amount

$155,138

Est. remaining balance

$140,768

Interest rate

3.18%

Loan type

FHA, 30 year

Seller

Jessica Ledesma

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: 11/22/2024 at 3:35 AM

Listing updated: 11/18/2024 at 2:00 PM

Listed by: Matthew Cramer, Five Star Real Estate (Grandv) Phone #: (616) 257-1500

MLS: Realcomp #65024058042

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