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$375,000

Beds
3
Baths
1.5
sq ft
1,724

225 Wallinwood Ave NE, Grand Rapids, MI 49503

225 Wallinwood Ave NE

Grand Rapids, MI 49503

  • 48 days on market
    • Price drop $9,000↓
Welcome to this charming and cozy brick bungalow nestled on a serene, tree-lined cul-de-sac. This well-maintained home features three spacious bedrooms and a newly remodeled bathroom as well as a half bath upstairs. The inviting living room boasts a warm fireplace, perfect for cozy evenings. Enjoy the tranquility of the three-season porch, ideal for relaxing with a morning coffee, and enjoy a private oasis for summer fun and entertainment with the inground pool! Plus, the basement offers lots of room to finish off and make it your own retreat.

Details

Property type

Single Family Residence

Est. home value

$378,384

Lot size

8,276 sq ft

Price per sq ft

$218

Year built

1952

Annual property taxes

$3,409.39

Price History

06/06/2024
Realcomp

Realcomp #65024024663

Price change
$375,000
-2.34%
05/30/2024
Realcomp

Realcomp #65024024663

Price change
$384,000
-0.26%
05/17/2024
Realcomp

Realcomp #65024024663

Listed
$385,000
+98.45%

Schools & Community

Neighborhood: 

Fulton 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

$186,900
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$158,100
Cash to seller
$186,900

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

Seller’s Loan History

Lender

First United Cu

Loan start date

October 2020

Original loan amount

$172,000

Est. remaining balance

$158,100

Interest rate

2.91%

Loan type

New Conventional, 30 year

Seller

Christine Lentine and Alexander Lentine

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: 07/04/2024 at 10:25 PM

Listing updated: 07/03/2024 at 10:03 AM

Listed by: Donna K Anders, Berkshire Hathaway HomeServices Michigan Real Esta Phone #: (616) 364-9551

MLS: Realcomp #65024024663

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