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$195,000

Beds
2
Baths
1.0
sq ft
748

1644 College Ave SE, Grand Rapids, MI 49507

1644 College Ave SE

Grand Rapids, MI 49507

  • 16 days on market
Take this opportunity to homeownership. Pay your own mortgage - not your landlord's - and build your own equity. Newly remodeled home just under $200k, move-in ready and conveniently located within 2 min walking distance to GRPS/ Elementary and adjacent to the beautiful, lush Dickinson Park featuring basketball hoops, a playground, picnic areas and walking trails. This 2-bedroom, 1-bathroom move-in ready home is situated in the heart of Grand Rapids. Whether you are a first-time home buyer looking for a starter home or wanting to add another property to your investment portfolio, this is the perfect one for you. Enjoy the beautifully renovated kitchen or the spacious backyard with a 1 stall detached garage. New appliances, paint, flooring & new windows throughout.

Details

Property type

Single Family Residence

Est. home value

$149,025

Lot size

6,970 sq ft

Price per sq ft

$261

Year built

1927

Annual property taxes

$1,148

Price History

06/18/2024
Realcomp

Realcomp #65024030865

Listed
$195,000
-32.64%
01/11/2024
Realcomp

Realcomp #65024001804

Sold
$289,500
+151.74%
07/10/2023
Realcomp

Realcomp #65023014819

Sold
$115,000

Schools & Community

Neighborhood: 

Garfield Park

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

$2,426
Asking price
$195,000
Closing costs (~8% of asking)
-$15,600
Est. remaining loan balance
-$176,974
Cash to seller
$2,426

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

Seller’s Loan History

Lender

Churchill Mortgage Corp

Loan start date

February 2024

Original loan amount

$177,600

Est. remaining balance

$176,974

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Edilawit Slomp and Abreham Slomp

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: 07/04/2024 at 11:00 PM

Listing updated: 06/23/2024 at 2:43 PM

Listed by: Ingrid C Anastasiu, Keller Williams GR East Phone #: (616) 575-1800

MLS: Realcomp #65024030865

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