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$249,900

Beds
3
Baths
2.0
sq ft
1,788

3727 Giddings Ave SE, Grand Rapids, MI 49508

3727 Giddings Ave SE

Grand Rapids, MI 49508

  • 11 days on market
    • Price drop $20,000↓
Don't miss this opportunity to build instant equity and put the finishing touches on this beautiful home with nearly a half acre lot! This is a special home already with the potential to be an absolute showplace! You'll love the open floor plan and wooden cathedral ceilings in the living room and the spectacular primary suite addition with a soaring vaulted ceiling and transom windows! The expansive yard has great potential with some nice structure and plantings in place. There has been water intrusion from the roof as well as the basement, so there's some work to do, which is reflected in the price. Once these are done and some cosmetics are taken care of, this home will easily be worth $100,000 more! Opportunity is knocking!

Details

Property type

Single Family Residence

Est. home value

$290,987

Lot size

0.44 acres

Price per sq ft

$140

Year built

1946

Annual property taxes

$2,909

Price History

09/12/2024
Realcomp

Realcomp #65024047139

Price change
$249,900
-7.41%
09/06/2024
Realcomp

Realcomp #65024047139

Listed
$269,900

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

$75,664
Asking price
$249,900
Closing costs (~8% of asking)
-$19,992
Est. remaining loan balance
-$154,244
Cash to seller
$75,664

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

May 2018

Original loan amount

$174,600

Est. remaining balance

$154,244

Interest rate

4.44%

Loan type

New Conventional, 30 year

Seller

Hector A Velasquez Perez

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: 09/17/2024 at 11:30 PM

Listing updated: 09/14/2024 at 1:21 PM

Listed by: Sean M Gregory, Greenridge Realty (Summit) Phone #: (616) 365-8900

MLS: Realcomp #65024047139

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