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$569,000

Beds
4
Baths
1.5
sq ft
1,700

1605 Lake Dr SE, Grand Rapids, MI 49506

1605 Lake Dr SE

East Grand Rapids, MI 49506

  • <1 day on market
Brimming with character and charm, this classic home is nestled just inside the East Grand Rapids city limits. Ideally located just moments from the vibrant Eastown neighborhood, several parks, the picturesque Aquinas College campus, and only a short walk to Gaslight Village, this home offers both convenience and style. Original wood floors, built-in shelves and cabinetry, coffered ceilings, leaded windows, and crown molding are found throughout, adding timeless appeal. Many fixtures and mechanicals have been thoughtfully updated, ensuring modern comfort while preserving the home's historic allure. The main floor features a spacious entryway, a cozy living room, a formal dining room, and a kitchen with a charming breakfast nook. From the dining room or kitchen, step outside toyour private pergola-covered deckperfect for outdoor dining or relaxation. The second level is home to four bedrooms, all with original hardwood floors, an updated full bath, and access to a cozy balcony overlooking the neighborhood. The attic, fully insulated and with stairway access, offers excellent potential for future additional living space. The partially finished basement includes a laundry area and a family room with egress, providing ample space for activities or storage. This home offers a perfect blend of historic details and modern updates, making it a must-see in a highly desirable location.

Details

Property type

Single Family Residence

Est. home value

$522,740

Lot size

8,712 sq ft

Price per sq ft

$335

Year built

1920

Annual property taxes

$9,053.22

Price History

01/09/2025
Realcomp

Realcomp #65025001063

Listed
$569,000
-1.9%
12/06/2024
Realcomp

Realcomp #65024046235

Removed
$580,000
09/14/2024
Realcomp

Realcomp #65024046235

Price change
$580,000
-2.52%

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

$252,051
Asking price
$569,000
Closing costs (~8% of asking)
-$45,520
Est. remaining loan balance
-$271,429
Cash to seller
$252,051

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

Seller’s Loan History

Lender

Choiceone Bank

Loan start date

November 2020

Original loan amount

$298,500

Est. remaining balance

$271,429

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Andrew Goorhouse and Kelsey Jones

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: 01/10/2025 at 3:20 AM

Listing updated: 01/09/2025 at 3:20 PM

Listed by: Kyle Visser, ReSIDE Grand Rapids Phone #: (616) 419-9637

MLS: Realcomp #65025001063

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