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$220,000

Beds
2
Baths
1.5
sq ft
897

2031 Rowland Ave SE Unit 4, Grand Rapids, MI 49546

2031 Rowland Ave SE Unit 4

Grand Rapids, MI 49546

  • <1 day on market
Don't miss this convenient, cozy, updated, and perfectly located 2 bed, 1.5 bath condo! Open concept living greets you inside the front door. Large primary bedroom boasts a walk-in closet and an ensuite half bath. Recent updates include luxury vinyl plank and carpeting, professionally painted kitchen cupboards, and quartz countertops. Spacious laundry, pantry and storage closets are frosting on the cake. Attached 2 stall garage has extra storage space and an electric vehicle charging station! All this conveniently located near shopping, restaurants, Calvin University, I-96, parks, and medical offices! Everything you need and more.

Details

Property type

Condominium

Est. home value

$196,997

Lot size

Unknown

Price per sq ft

$246

Year built

2000

Annual property taxes

$2,387.08

Monthly HOA fee

$330

Price History

10/03/2024
Realcomp

Realcomp #65024052255

Listed
$220,000
+33.33%
08/23/2021
Realcomp

Realcomp #65021097360

Sold
$165,000
+32%
09/05/2018
Realcomp

Realcomp #65018027728

Sold
$125,000
+42.05%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Forest Hills

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

$94,100
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$108,300
Cash to seller
$94,100

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

Seller’s Loan History

Lender

Lake Michigan Cu

Loan start date

August 2021

Original loan amount

$132,000

Est. remaining balance

$108,300

Interest rate

2.2%

Loan type

New Conventional, 15 year

Seller

Benjamin L Van Hof

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: 10/03/2024 at 11:15 PM

Listing updated: 10/03/2024 at 8:21 PM

Listed by: Ann R DeBoe, Novosad Realty Partners Phone #: (616) 575-0140

MLS: Realcomp #65024052255

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