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$519,900

Beds
3
Baths
2.5
sq ft
1,630

1555 Groton Rd SE, Grand Rapids, MI 49506

1555 Groton Rd SE

East Grand Rapids, MI 49506

  • <1 day on market
Check out this tastefully updated 3-bedroom 2.5 bath traditional style home in the coveted East Grand Rapids School District within walking distance to Breten Elementary! This home boasts over 2300 sqft of living space and has a dining area, living room, family room and a recreation room with a fireplace! You'll love the warmth and style this home offers with plenty of natural light and hardwood floors plus the two fireplaces to take the chill off in the winter! Three good sized bedrooms upstairs with a full bath, there's a half bath on the main floor and a 2nd full bathroom in the lower level where the recreation room, laundry and storage are located. Not many homes at this price point have fenced back yards, a cozy private deck and a Two-Car Garage! See it today before it gets away

Details

Property type

Single Family Residence

Est. home value

$482,647

Lot size

6,534 sq ft

Price per sq ft

$319

Year built

1960

Annual property taxes

$7,305.45

Price History

09/20/2024
Realcomp

Realcomp #65024049864

Listed
$519,900
+79.28%
04/09/2018
Realcomp

Realcomp #65018000035

Sold
$290,000
+2.47%
02/29/2016
Realcomp

Realcomp #65015057247

Sold
$283,000

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

$235,608
Asking price
$519,900
Closing costs (~8% of asking)
-$41,592
Est. remaining loan balance
-$242,700
Cash to seller
$235,608

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

August 2020

Original loan amount

$266,000

Est. remaining balance

$242,700

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Michael P Brown and Tami E Brown

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: 09/20/2024 at 9:10 PM

Listing updated: 09/20/2024 at 4:51 PM

Listed by: Scott R Hutchison, Coldwell Banker AJS (Rock) Phone #: (616) 866-4434

MLS: Realcomp #65024049864

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