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$585,000

Beds
4
Baths
3.5
sq ft
2,710

2558 Riveredge Dr SE, Grand Rapids, MI 49546

2558 Riveredge Dr SE

Cascade Twp, MI 49546

  • 63 days on market
    • Price drop $14,000↓
Spanning 3610 sq ft, this 4 bedroom, 3.5 bathroom Cascade listing is ideally located within a wonderful neighborhood and Forest Hills Central Schools. This home offers many areas to make living here feel comfortable. The main level boasts a spacious, cozy family room with a bay window and wood-burning fireplace, along with a large living room, eat-in kitchen, dining room, 1/2 bath, and mud/laundry room. Following the spiral staircase upstairs, you'll find the primary suite with a spacious walk-in closet and bathroom, along with 3 additional bedrooms and a full bathroom with double sinks. Enjoy the outdoors on the new wood deck overlooking a private wooded backyard. A finished lower level with fireplace, along with wet bar and bathroom, provides another comfortable recreation spacefor all to enjoy. Conveniently located near the Thornapple River and with easy access to 28th Street amenities. Don't miss your chance to view this property and perhaps call this home your own!

Details

Property type

Single Family Residence

Est. home value

$636,901

Lot size

0.45 acres

Price per sq ft

$216

Year built

1978

Annual property taxes

$7,203.07

Price History

10/18/2024
Realcomp

Realcomp #65024049512

Price change
$585,000
-2.34%
10/04/2024
Realcomp

Realcomp #65024049512

Price change
$599,000
-1.8%
09/19/2024
Realcomp

Realcomp #65024049512

Listed
$610,000
+14.02%

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

$48,733
Asking price
$585,000
Closing costs (~8% of asking)
-$46,800
Est. remaining loan balance
-$489,467
Cash to seller
$48,733

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

Seller’s Loan History

Lender

Inlanta Mortgage Inc

Loan start date

June 2022

Original loan amount

$508,250

Est. remaining balance

$489,467

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Kate Taylor and Maxwell Taylor Iii

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: 11/21/2024 at 10:10 PM

Listing updated: 10/18/2024 at 8:55 AM

Listed by: Amy M Vernier, JH Realty Partners Phone #: (616) 682-2820

MLS: Realcomp #65024049512

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Recently listed in Cascade Twp