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$850,000

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

  • 53 days on market
    • Price drop $19,000↓
Step into 2607 Elmwood--a charming slice of East Grand Rapids living, right in the heart of town! This timeless, mid-century home offers a layout that provides privacy, but also plenty of room to entertain. As you enter through the spacious foyer, notice the abundance of natural light and beautiful upgrades throughout. Spacious kitchen with ample counter space and storage, complemented by a cozy breakfast nook. An elegant formal dining room flows into the living room with a beautiful tile, gas-log fireplace and custom built-ins. French doors lead to a spacious deck, offering a vantage point over the serene backyard. Step down to discover an additional family room, complete with its own brick fireplace and a convenient slider leading to the patio--ideal for al fresco relaxation.A mudroom with lockers and a convenient half bath add to the home's functionality. Upper level offers a spacious primary suite, along with two additional large bedrooms with another full bath. Finished basement offers versatile space, with an office and ensuite bedroom with ample closet space. Nestled in one of East Grand Rapids' most coveted neighborhoods, this turn-key gem will make a great home!. Don't let this opportunity slip through your fingersschedule your viewing today and step into your dream home!

Details

Property type

Single Family Residence

Est. home value

$740,144

Lot size

0.27 acres

Price per sq ft

$370

Year built

1960

Annual property taxes

$14,005

Price History

05/21/2024
Realcomp

Realcomp #65024022458

Price change
$850,000
-2.19%
05/08/2024
Realcomp

Realcomp #65024022458

Listed
$869,000
+32.07%
08/24/2021
Realcomp

Realcomp #65021027951

Sold
$658,000

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

$301,632
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$480,368
Cash to seller
$301,632

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

$480,368

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: 06/30/2024 at 10:35 PM

Listing updated: 06/25/2024 at 9:53 AM

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

MLS: Realcomp #65024022458

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