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$224,500

Beds
4
Baths
1.0
sq ft
1,208

431 Fernando St NE, Grand Rapids, MI 49505

431 Fernando St NE

Grand Rapids, MI 49505

  • <1 day on market
    • Open house Nov 06
Welcome to this charming 2-story traditional home in the sought-after Creston neighborhood! With 4 spacious bedrooms (1 non-conforming), this residence offers ample room. The inviting large porch is perfect for morning coffee or evening relaxation, enhancing the home's curb appeal.Inside, you'll find a warm and welcoming atmosphere. The cozy living areas are ideal for entertaining or quiet evenings at home. A recently installed commercial grade new roof (April 24') ensures peace of mind for years to come. Located near parks, schools, and local shops, this home is perfectly situated for both convenience and community. Don't miss the chance to make this lovely property your own! Schedule a tour today and envision your future in this delightful Creston gem.

Details

Property type

Single Family Residence

Est. home value

$187,967

Lot size

4,792 sq ft

Price per sq ft

$186

Year built

1900

Annual property taxes

$1,631.25

Price History

11/04/2024
Realcomp

Realcomp #65024057730

Listed
$224,500
+63.27%
11/23/2020
Realcomp

Realcomp #65020042222

Sold
$137,500

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

$86,046
Asking price
$224,500
Closing costs (~8% of asking)
-$17,960
Est. remaining loan balance
-$120,494
Cash to seller
$86,046

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

November 2020

Original loan amount

$132,000

Est. remaining balance

$120,494

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Elizabeth Hunter

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: 11/04/2024 at 11:15 PM

Listing updated: 11/04/2024 at 4:02 PM

Listed by: Caitlin VanderMeulen, Bellabay Realty (North) Phone #: (616) 719-1022

MLS: Realcomp #65024057730

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