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$275,000

Beds
4
Baths
2.0
sq ft
1,288

221 Andover St SE, Grand Rapids, MI 49548

221 Andover St SE

Kentwood, MI 49548

  • 50 days on market
    • Price drop $25,000↓
Welcome home! This beautifully updated residence now offers 4 spacious bedrooms and 2 full bathrooms, providing ample space for you and guests. Plus a beautiful set of stainless steel appliances in the kitchen. Located just a stone's throw away from the bustling market, trendy restaurants, and vibrant entertainment options, this home truly combines comfort and convenience.

Details

Property type

Single Family Residence

Est. home value

$302,051

Lot size

0.33 acres

Price per sq ft

$214

Year built

1971

Annual property taxes

$4,534

Price History

08/11/2024
Realcomp

Realcomp #65024038911

Price change
$275,000
-8.33%
07/29/2024
Realcomp

Realcomp #65024038911

Listed
$300,000
+76.47%
11/30/2018
Realcomp

Realcomp #65018048480

Sold
$170,000
+32.92%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Kelloggsville

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

$64,532
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$188,468
Cash to seller
$64,532

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

December 2021

Original loan amount

$200,000

Est. remaining balance

$188,468

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Thinh N Nguyen and Thi Nguyen

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: 09/17/2024 at 11:40 PM

Listing updated: 08/17/2024 at 4:23 PM

Listed by: Minh C Tran, I Heart GR Phone #: (616) 202-6551

MLS: Realcomp #65024038911

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