tomo logo

$500,000

Beds
3
Baths
2.0
sq ft
3,193

2559 Alger St SE, Grand Rapids, MI 49546

2559 Alger St SE

Grand Rapids, MI 49546

  • 1 day on market
    • Open house Mar 20
Welcome Home! Opportunity is knocking in the Ridgemoor Neighborhood. A fantastic chance to create your own space. Over 4,100 total Sq Ft in this home. Demo is complete on several parts of the home including the bedroom above the garage, back living room, and corner office. These unfinished spaces allow you to make final selections. This home is situated on a cul-de-sac mature tree-lined street with sidewalks. A very active community that is a short drive to restaurants, grocery stores, shopping, and entertainment. Just in time for Summer, the Ridgemoor Swim Club is just minutes away for your enjoyment! The finished main floor has a large living room, formal dining room, and kitchen. Upstairs is a very large primary bedroom with walk in closet and private en suite. A secondbedroom with private en suite is also upstairs. An unfinished basement allows for other creative spaces as well. Buyer to verify accuracy of all the specs of this home. Schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$572,359

Lot size

0.36 acres

Price per sq ft

$157

Year built

1968

Annual property taxes

$8,948.56

Price History

03/19/2025
Realcomp

Realcomp #65025010355

Listed
$500,000
+14.94%
11/15/2021
Realcomp

Realcomp #65021109686

Sold
$435,000

Schools & Community

Neighborhood: 

Ridgemoor

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

$76,498
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$383,502
Cash to seller
$76,498

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

Seller’s Loan History

Lender

Cason Home Loans

Loan start date

November 2021

Original loan amount

$413,250

Est. remaining balance

$383,502

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Anthony Hamzeh

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: 03/20/2025 at 7:35 AM

Listing updated: 03/19/2025 at 9:51 AM

Listed by: Cory Maguire, Green Crown Real Estate LLC Phone #: (810) 869-5181

MLS: Realcomp #65025010355

Realcomp logo