tomo logo

$200,000

Beds
2
Baths
1.0
sq ft
888

312 Burt St SE, Grand Rapids, MI 49548

312 Burt St SE

Wyoming, MI 49548

  • 2 days on market
This Wyoming charmer being sold with a double lot offers endless opportunities, and it is ready for its next owner to call it home. Entering through a peaceful 3-seasons front porch from the front entry, the home will greet you with beautiful, original hardwood floors throughout. With many recent updates, including a new furnace in 2020, this home is both tasteful and move-in ready. One bedroom even offers an additional bonus space extended from it, which could serve as a home office space, a reading nook, or fulfil another vision. There are also plenty of large closets throughout, providing ample storage space for a home of its size.The basement also offers plenty of useable space - with one side that is partially finished, a separate room for laundry and utilities, and another room for storage. This home is being sold with a second full lot right beside it, offering the possibility of selling the second lot for profit, building upon it (outbuilding, a pool, or even another home!), or keeping it with the home to enjoy the novelty of having a spacious yard in the city (it's even already fenced in to do so!). Other incredible features to note include the expansive back deck, the additional space in the garage, currently serving as a workshop, and an additional storage shed with an overhang, providing plenty of storage space. Schedule your tour to see all that this home and property have to offer!

Details

Property type

Single Family Residence

Est. home value

$220,578

Lot size

0.24 acres

Price per sq ft

$226

Year built

1935

Annual property taxes

$3,679.5

Price History

12/19/2024
Realcomp

Realcomp #65024063488

Listed
$200,000
+17.65%
05/14/2021
Realcomp

Realcomp #65021011349

Sold
$170,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Godwin Heights

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

$33,360
Asking price
$200,000
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$150,640
Cash to seller
$33,360

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

Seller’s Loan History

Lender

Neighborhood Loans

Loan start date

May 2021

Original loan amount

$162,993

Est. remaining balance

$150,640

Interest rate

3.17%

Loan type

FHA, 30 year

Seller

Sarah Daniels and Vincent Candela

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: 12/22/2024 at 12:40 AM

Listing updated: 12/20/2024 at 3:45 AM

Listed by: Christin M Marsalese, Five Star Real Estate (Eastown) Phone #: (616) 608-0600

MLS: Realcomp #65024063488

Realcomp logo

Recently listed in Wyoming