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$267,000

Beds
2
Baths
1.5
sq ft
1,392

2045 Forest Hill Ave SE, Grand Rapids, MI 49546

2045 Forest Hill Ave SE

Kentwood, MI 49546

  • 112 days on market
    • Price drop $2,000↓
FOREST HILLS SCHOOLS! PRICE REDUCED! This listing is all about LOCATION! This house sits on a beautifully wooded lot, and has been rebuilt almost from the ground up. Seller has installed new doors, windows, and LVL flooring. NEW ROOF, RAIN GUTTERS, SIDING,AND 2X4 STUDS. It's a blank canvas, waiting for you to add your personal style. So much potential awaits and the seller has done all the hard work. Now it just needs YOU to make it SHINE! This property boasts just under half an acre and in a prime location. Close to downtown Grand Rapids, shopping, resteraunts. CLOSE TO IT ALL! It has the convenience of being close to everything, and a setting of tranquility. Enjoy the covered porch overlooking the peaceful and private back yard, where you may whitness wildlife and enjoy wildflowers.basement has egress window so a bedroom can be added. May qualify for FHA203K or for some conventional options.

Details

Property type

Single Family Residence

Est. home value

$241,003

Lot size

0.45 acres

Price per sq ft

$192

Year built

1929

Annual property taxes

$4,981

Price History

10/30/2024
Realcomp

Realcomp #59024038048

Price change
$267,000
-0.74%
10/10/2024
Realcomp

Realcomp #59024038048

Price change
$269,000
-10.03%
09/12/2024
Realcomp

Realcomp #59024038048

Price change
$299,000
-14.57%

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

$84,341
Asking price
$267,000
Closing costs (~8% of asking)
-$21,360
Est. remaining loan balance
-$161,299
Cash to seller
$84,341

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

Seller’s Loan History

Lender

Consumer Cu

Loan start date

August 2022

Original loan amount

$166,500

Est. remaining balance

$161,299

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Renee Ollmann and Chad Manclu

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: 11/14/2024 at 10:50 AM

Listing updated: 10/30/2024 at 8:35 PM

Listed by: Keren Scheidel, Five Star Real Estate (Rock) Phone #: (616) 884-4200

MLS: Realcomp #59024038048

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