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$785,000

Beds
4
Baths
3.5
sq ft
2,299

2607 Elmwood Dr SE, Grand Rapids, MI 49506

2607 Elmwood Dr SE

East Grand Rapids, MI 49506

  • 34 days on market
Seller to pay $7,000 towards buyer's points! This charming retreat in the heart of East Grand Rapids! This classic mid-century home offers the perfect blend of privacy and entertaining space, designed to suit modern living. Step into the welcoming foyer and notice the abundance of natural light and stylish upgrades throughout. Spacious kitchen featuring generous counter space, plenty of storage, and a cozy breakfast nook for casual dining. The formal dining room seamlessly flows into the living room, which features a stunning tile gas log fireplace and custom built-ins. French doors lead out to a large deck, perfect for enjoying peaceful views of the lush backyard. Downstairs, a cozy family room awaits, complete with a brick fireplace and a sliding door to the patio--ideal for outdoor relaxation and entertaining. The practical mudroom with built-in lockers and a half bath adds convenience and functionality to this lovely home. Upstairs, you'll find a large primary suite, two additional bedrooms, and a full bath. The finished basement offers even more flexible space, featuring an office and an ensuite bedroom with ample closet space. Situated in one of East Grand Rapids' most sought-after neighborhoods, this move-in ready gem is an exceptional find. Schedule your tour today and grab a slice of EGR living!

Details

Property type

Single Family Residence

Est. home value

$740,144

Lot size

0.27 acres

Price per sq ft

$342

Year built

1960

Annual property taxes

$14,005

Price History

10/21/2024
Realcomp

Realcomp #65024055346

Listed
$785,000
-1.86%
09/21/2024
Realcomp

Realcomp #65024022458

Removed
$799,900
09/03/2024
Realcomp

Realcomp #65024022458

Price change
$799,900
-3.04%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

East 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

$246,706
Asking price
$785,000
Closing costs (~8% of asking)
-$62,800
Est. remaining loan balance
-$475,494
Cash to seller
$246,706

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

August 2021

Original loan amount

$512,000

Est. remaining balance

$475,494

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Jon Daniel Williams and Helen Williams

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: 11/25/2024 at 2:15 AM

Listing updated: 11/19/2024 at 10:28 AM

Listed by: Wyatt Martin, Greenridge Realty (EGR) Phone #: (616) 458-3655

MLS: Realcomp #65024055346

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