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$244,900

Beds
3
Baths
1.0
sq ft
1,062

2243 Nelson Ave SE, Grand Rapids, MI 49507

2243 Nelson Ave SE

Grand Rapids, MI 49507

  • <1 day on market
Charming and move in ready, this 3 bedroom bungalow is located near the popular Alger Heights neighborhood, offering a blend of comfort and convenience. Step inside to discover beautiful hardwood floors that create a warm and inviting ambiance. The main level boasts two generous bedrooms, a full bath, and a functional kitchen with stainless steel appliances flowing into a spacious dining area perfect for gatherings. Upstairs you'll find a large third bedroom ideal for a private retreat, home office or creative space. The lower level offers additional living space, ample storage, and a dedicated laundry area. Outside, a fenced backyard provides a space for relaxation, or gardening while a 1-stall detached garage with extra storage completes the package. Can't forget central air!

Details

Property type

Single Family Residence

Est. home value

$261,191

Lot size

6,098 sq ft

Price per sq ft

$231

Year built

1951

Annual property taxes

$3,366.49

Price History

03/03/2025
Realcomp

Realcomp #65025007661

Listed
$244,900
+8.84%
08/16/2022
Realcomp

Realcomp #65022029402

Sold
$225,000
+150.28%
09/15/2015
Realcomp

Realcomp #65015017125

Sold
$89,900

Schools & Community

Neighborhood: 

Alger Heights

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

$14,456
Asking price
$244,900
Closing costs (~8% of asking)
-$19,592
Est. remaining loan balance
-$210,852
Cash to seller
$14,456

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

Seller’s Loan History

Lender

Mercantile Bank

Loan start date

August 2022

Original loan amount

$218,250

Est. remaining balance

$210,852

Interest rate

5.7%

Loan type

New Conventional, 30 year

Seller

Alexis Wilson

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: 03/04/2025 at 2:25 AM

Listing updated: 03/03/2025 at 8:49 PM

Listed by: Jane (Phouphanith) Jones, Jane (Phouphanith) Jones, The Local ElementThe Local Element Phone #: (616) 202-6551

MLS: Realcomp #65025007661

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