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$449,900

Beds
3
Baths
2.5
sq ft
1,220

1526 Sherwood Ave SE, Grand Rapids, MI 49506

1526 Sherwood Ave SE

East Grand Rapids, MI 49506

  • Pending
This Mid Century Modern home has been updated throughout and radiates charm and sophistication. Located in the award winning East Grand Rapids school district you'll appreciate the proximity to great schools, restaurants, parks and shopping while being located on quiet residential block. Sunlight shines through the living room's large picture windows, reflecting off newly refinished white oak floors, and offers a great view of the large, private back yard. The house has been meticulously maintained with a new roof in 2018 and new high efficiency Pella windows in 2022. Upstairs features 3 nice bedrooms and a modern full bath. The basement has been recently renovated with a new second full bath, family room and laundry room. Don't miss this opportunity. Schedule your showing today!Seller will review any offers after 1pm on Monday Sept. 23

Details

Property type

Single Family Residence

Est. home value

$401,612

Lot size

9,148 sq ft

Price per sq ft

$369

Year built

1954

Annual property taxes

$7,507

Price History

10/14/2024
Realcomp

Realcomp #65024049271

Pending
$449,900
09/18/2024
Realcomp

Realcomp #65024049271

Listed
$449,900
+79.24%
12/19/2019
Realcomp

Realcomp #65019055153

Sold
$251,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

East 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

$225,883
Asking price
$449,900
Closing costs (~8% of asking)
-$35,992
Est. remaining loan balance
-$188,025
Cash to seller
$225,883

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

Seller’s Loan History

Lender

Neighborhood Loans

Loan start date

October 2020

Original loan amount

$206,500

Est. remaining balance

$188,025

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Colin Stuart Morse and Emily Stuart Morse

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: Pending/Under Contract

Tomo last checked: 11/09/2024 at 11:50 AM

Listing updated: 10/14/2024 at 3:33 PM

Listed by: David J Kirchgessner, Greenridge Realty (EGR) Phone #: (616) 458-3655

MLS: Realcomp #65024049271

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