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$295,000

Beds
4
Baths
2.5
sq ft
948

228 58th St SE, Grand Rapids, MI 49548

228 58th St SE

Kentwood, MI 49548

  • 1 day on market
Discover the charm of this ranch style home, attractively priced below market value, making it perfect for first-time homebuyers or families. The inviting residence features four spacious bedrooms, two full bathrooms, and a half bathroom, offering a blend of functionality and privacy. Along with an oversized garage!Inside, enjoy an open floor plan with a vaulted ceiling that enhances the main living areas. The main-floor laundry adds convenience to daily life.The expansive full basement boasts tall ceilings and two city-certified conforming bedrooms, ideal for guests or a home office. A generous family room provides a great space for relaxation, along with a full bathroom for added convenience.This move-in-ready home invites you to personalize it and create lasting memories!

Details

Property type

Single Family Residence

Est. home value

$278,600

Lot size

5,227 sq ft

Price per sq ft

$312

Year built

1998

Annual property taxes

$3,145.94

Price History

01/07/2025
Realcomp

Realcomp #65025000667

Listed
$295,000
+121.8%
01/31/2017
Realcomp

Realcomp #65016057861

Sold
$133,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Kentwood

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

$161,340
Asking price
$295,000
Closing costs (~8% of asking)
-$23,600
Est. remaining loan balance
-$110,060
Cash to seller
$161,340

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

Seller’s Loan History

Lender

Luxury Mortgage Corp

Loan start date

January 2017

Original loan amount

$130,591

Est. remaining balance

$110,060

Interest rate

4.16%

Loan type

FHA, 30 year

Seller

Adam Medina

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: 01/08/2025 at 9:50 PM

Listing updated: 01/07/2025 at 11:25 AM

Listed by: Abisai Munoz, City2Shore Real Estate (GR) Phone #: (616) 325-1310

MLS: Realcomp #65025000667

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