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$215,000

Beds
2
Baths
1.0
sq ft
860

1826 Silver Ave SE, Grand Rapids, MI 49507

1826 Silver Ave SE

Grand Rapids, MI 49507

  • 45 days on market
Charming Bungalow in Grand Rapids!Welcome to 1826 Silver Ave SE, a delightful bungalow-style home where classic charm meets modern convenience. This 2-bedroom, 1 bathroom gem features a welcoming front porch, perfect for relaxing evenings, and a lovely .12 acre backyard for your outdoor enjoyment. Located just a stone's throw from local favorites like Real Food Cafe and The Old Goat. Don't miss your chance to call this cozy space your own.

Details

Property type

Single Family Residence

Est. home value

$211,959

Lot size

5,227 sq ft

Price per sq ft

$250

Year built

1921

Annual property taxes

$2,378

Price History

10/07/2024
Realcomp

Realcomp #65024052825

Listed
$215,000
+14.36%
10/27/2022
Realcomp

Realcomp #65022025261

Sold
$188,000
+72.48%
10/06/2017
Realcomp

Realcomp #65017036334

Sold
$109,000

Schools & Community

Neighborhood: 

South East End

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

$17,974
Asking price
$215,000
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$179,826
Cash to seller
$17,974

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 2022

Original loan amount

$184,594

Est. remaining balance

$179,826

Interest rate

5.89%

Loan type

FHA, 30 year

Seller

Barbara Anderson

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 3:40 AM

Listing updated: 10/24/2024 at 2:00 PM

Listed by: Jane (Phouphanith) Jones, I Heart GR Phone #: (616) 202-6551

MLS: Realcomp #65024052825

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