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$2,050,000

Beds
6
Baths
5.5
sq ft
4,723

2800 Cotswold Ln SE, Grand Rapids, MI 49506

2800 Cotswold Ln SE

East Grand Rapids, MI 49506

  • Pending
    • Price drop $50,000↓
Experience unparalleled luxury in this exquisite 1920s executive home designed by renowned architect J. Alexander McColl, located on a quaint street in East Grand Rapids. This magnificent residence seamlessly combines classic charm with modern sophistication, featuring unique architectural details, superior craftsmanship, and custom woodworking throughout. Boasting six bedrooms and five and a half baths, this home provides ample space for family and guests. At the heart of the home is the spacious and inviting kitchen, serving as the central hub for family gatherings and culinary creations. The property also offers three distinct living spaces, ensuring comfort and versatility for the new owners. The recently remodeled primary suite by Insignia Homes offers a serene retreat, whilethe new roof and Juliet balcony add to the home's timeless appeal. Set amidst lush English gardens, the property offers a serene oasis and a picturesque retreat. Multiple patio spaces, a covered back porch, and a covered walkway to the garage enhance the outdoor living experience, perfect for relaxation and entertaining. A stunning private pool further elevates the appeal, providing a luxurious escape right at home. The three-stall garage ensures ample parking and storage, with an in-law studio above offering versatile living space, ideal for guests, extended family, or a private home office. Nestled in the prestigious East Grand Rapids community, this home is a true gem, offering a harmonious blend of luxury, privacy, and convenience. Don't miss the opportunity to own a piece of architectural history in one of the most sought-after neighborhoods. Schedule your private showing today and discover the charm and elegance of this exceptional property.

Details

Property type

Single Family Residence

Est. home value

$1,911,692

Lot size

1.01 acres

Price per sq ft

$435

Year built

1927

Annual property taxes

$27,256.52

Price History

09/13/2024
Realcomp

Realcomp #65024038825

Pending
$2,050,000
08/27/2024
Realcomp

Realcomp #65024038825

Price change
$2,050,000
-2.38%
07/27/2024
Realcomp

Realcomp #65024038825

Listed
$2,100,000
+16.67%

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

$338,253
Asking price
$2,050,000
Closing costs (~8% of asking)
-$164,000
Est. remaining loan balance
-$1,547,747
Cash to seller
$338,253

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

Seller’s Loan History

Lender

The Huntington National Bank

Loan start date

April 2022

Original loan amount

$1,620,000

Est. remaining balance

$1,547,747

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Matthew Christy and Jennifer Christy

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: Pending/Under Contract

Tomo last checked: 09/19/2024 at 3:20 PM

Listing updated: 09/13/2024 at 1:01 PM

Listed by: Donna K Anders, Berkshire Hathaway HomeServices Michigan Real Esta Phone #: (616) 364-9551

MLS: Realcomp #65024038825

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