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$300,000

Beds
4
Baths
1.0
sq ft
1,507

3107 Waterford Ave NE, Grand Rapids, MI 49505

3107 Waterford Ave NE

Grand Rapids, MI 49505

  • 4 days on market
    • Open house Sep 18
Updated and oozing character, this NE side gem is ready for it's new owners! Gorgeous hardwood floors flow throughout the main level and the kitchen features the classic stylings of subway tile, butcher block countertops and open shelving. The current owners chose to use the large bonus room that overlooks the idyllic backyard as their primary bedroom, but two other main floor bedrooms give you multiple possibilities. Upstairs you will find even more potential as the space is nicely laid out to easily add a second bathroom. The unfinished basement has plenty of storage and further opportunity to add some finished space if desired. The fully fenced terraced backyard is private and has some recently planted fruit trees to enjoy for years to come! Move in ready and possession at closing!Any/all offers will be held for presentation until Thursday September 19 at 6 pm

Details

Property type

Single Family Residence

Est. home value

$249,736

Lot size

8,712 sq ft

Price per sq ft

$200

Year built

1950

Annual property taxes

$3,180.15

Price History

09/13/2024
Realcomp

Realcomp #65024048493

Listed
$300,000
+25%
06/03/2022
Realcomp

Realcomp #65022015973

Sold
$240,000

Schools & Community

Neighborhood: 

Creston

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

$90,578
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$185,422
Cash to seller
$90,578

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

Seller’s Loan History

Lender

Hometown Lenders Inc

Loan start date

June 2022

Original loan amount

$192,000

Est. remaining balance

$185,422

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Katelyn Kikstra and Nickolas Kikstra

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: 09/18/2024 at 12:35 AM

Listing updated: 09/17/2024 at 10:01 AM

Listed by: Justin Glover, RE/MAX of Grand Rapids (Stndl) Phone #: (616) 791-0110

MLS: Realcomp #65024048493

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