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$229,900

Beds
3
Baths
1.0
sq ft
1,390

322 Quimby St NE, Grand Rapids, MI 49505

322 Quimby St NE

Grand Rapids, MI 49505

  • 132 days on market
    • Price drop $20,000↓
Charming 2 story home with hardwood flooring throughout. Updated kitchen opening into a more opened concept floor plan. Oversized pantry. New windows. Upstairs holds 3 bedrooms and a bathroom. Master bedroom has 2 closets, one larger closet and one being standard. This home is a gem for any first-time home buyer or investor. Located close to colleges, universities, and the downtown area. Amazing location-check, amazing floor plan-check, amazing price-check! Let's not forget about the driveway that goes all the way through the property and a large backyard.

Details

Property type

Single Family Residence

Est. home value

$200,234

Lot size

4,356 sq ft

Price per sq ft

$166

Year built

1910

Annual property taxes

$1,731.03

Price History

08/26/2024
Realcomp

Realcomp #65024035844

Listed
$229,900
08/21/2024
Realcomp

Realcomp #65024035844

Pending
$229,900
08/06/2024
Realcomp

Realcomp #65024035844

Price change
$229,900
-8%

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

$113,733
Asking price
$229,900
Closing costs (~8% of asking)
-$18,392
Est. remaining loan balance
-$97,775
Cash to seller
$113,733

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

Seller’s Loan History

Lender

Lake Michigan Cu

Loan start date

November 2020

Original loan amount

$107,295

Est. remaining balance

$97,775

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

David Wiersema and Kari Wiersema

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: 11/22/2024 at 5:50 AM

Listing updated: 11/12/2024 at 8:30 PM

Listed by: Angela M Hatto, Key Realty Phone #: (616) 202-1247

MLS: Realcomp #65024035844

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