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$895,000

Beds
4
Baths
2.5
sq ft
3,300

3131 Lake Dr SE, Grand Rapids, MI 49506

3131 Lake Dr SE

East Grand Rapids, MI 49506

  • 148 days on market
    • Price drop $54,000↓
Welcome to 3131 Lake Drive, a stunning property nestled on nearly 3/4 of an acre and on a private lot in East Grand Rapids. Completely buffered from Lake Drive and quietly set back in its wooded, yet convenient location, this impeccably renovated home features 4 bedrooms, 2.5 bathrooms, and has been updated inside and out. Upon entering through the new double doors, you'll find gorgeous Canadian Maple hardwood flooring leading into a spacious living room, a great room with 20 foot ceilings and a formal dining room with picturesque views. The kitchen has been completely remodeled with all new appliances, large center island, breakfast nook, and a coffee/wine bar with a built-in beverage center. Upstairs you'll find 4 bedrooms and 2 full bathrooms including a luxurious primary bedroom witha sitting area, walk-in closet and renovated en-suite featuring a soaking tub, double sinks and a glass shower. The finished lower level offers ample entertainment space for guests and extra storage. Outside, a charming patio with a fire pit, built-in grill, hot tub, outdoor speaker system and expansive yard space await. Don't miss out on the opportunity to own this exceptional property - schedule a private showing today to discover all this home has to offer!

Details

Property type

Single Family Residence

Est. home value

$854,562

Lot size

0.71 acres

Price per sq ft

$272

Year built

1983

Annual property taxes

$15,900

Price History

11/01/2024
Realcomp

Realcomp #65024030072

Listed
$895,000
10/24/2024
Realcomp

Realcomp #65024030072

Pending
$895,000
10/17/2024
Realcomp

Realcomp #65024030072

Price change
$895,000
-5.69%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

East Grand Rapids

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Flagstar Bank Fsb

Loan start date

November 2022

Original loan amount

$144,000

Est. remaining balance

Not provided

Interest rate

6.29%

Loan type

Credit Line (Revolving), 30 year

Seller

Mark J Zelek and Sheri Zelek

Lender

Flagstar Bank Fsb

Loan start date

September 2021

Original loan amount

$548,250

Est. remaining balance

$510,090

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Mark J Zelek and Sheri Rae Zelek

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: 11/08/2024 at 10:30 AM

Listing updated: 11/06/2024 at 7:10 AM

Listed by: Bryan D Anderson, Keller Williams GR East Phone #: (616) 575-1800

MLS: Realcomp #65024030072

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