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$199,000

Beds
3
Baths
1.0
sq ft
960

331 Nancy St SE, Grand Rapids, MI 49548

331 Nancy St SE

Kentwood, MI 49548

  • 42 days on market
    • Price drop $6,000↓
Great opportunity to own this charming 3 bed 1 bath home in Kentwood schools. Conveniently located within walking distance to Townline Elementary, restaurants, Home Depot, Wal Mart and more. You will find 2 bedrooms on the main level along with the full bathroom. Upstairs is the 3rd bedroom with the ability for a 4th bedroom or larger primary suite. Put your money towards the cosmetic updates knowing the mechanicals are newer. Schedule your private showing today.

Details

Property type

Single Family Residence

Est. home value

$202,264

Lot size

5,663 sq ft

Price per sq ft

$208

Year built

1955

Annual property taxes

$1,320.4

Price History

10/23/2024
Realcomp

Realcomp #65024053539

Price change
$199,000
-2.93%
10/10/2024
Realcomp

Realcomp #65024053539

Listed
$205,000
+7.39%
02/17/2023
Realcomp

Realcomp #65022050308

Sold
$190,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Kentwood

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

$88,792
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$94,288
Cash to seller
$88,792

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

Seller’s Loan History

Lender

Coast One Mortgage Llc

Loan start date

February 2023

Original loan amount

$96,288

Est. remaining balance

$94,288

Interest rate

6.31%

Loan type

FHA, 30 year

Seller

Debra Ender

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 4:00 AM

Listing updated: 10/23/2024 at 5:40 PM

Listed by: Ross S Bacon, RE/MAX of Grand Rapids (FH) Phone #: (616) 957-0700

MLS: Realcomp #65024053539

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