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$229,900

Beds
2
Baths
1.0
sq ft
770

448 Spencer St NE, Grand Rapids, MI 49505

448 Spencer St NE

Grand Rapids, MI 49505

  • 46 days on market
Great 2 Bedroom House on GR's Popular NE Side! Fresh Carpet & Paint Throughout. Enjoy Your AM Coffee In The Enclosed Front Porch. Detached Garage. Bonus Room Upstairs Plus Additional Attic Space That Could Be Finished.

Details

Property type

Single Family Residence

Est. home value

$174,621

Lot size

3,049 sq ft

Price per sq ft

$299

Year built

1905

Annual property taxes

$2,499

Price History

09/20/2024
Realcomp

Realcomp #65024049871

Listed
$229,900
+39.42%
06/30/2022
Realcomp

Realcomp #65022020099

Sold
$164,900

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

$68,113
Asking price
$229,900
Closing costs (~8% of asking)
-$18,392
Est. remaining loan balance
-$143,395
Cash to seller
$68,113

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

Seller’s Loan History

Lender

Consumers Cu

Loan start date

June 2022

Original loan amount

$148,410

Est. remaining balance

$143,395

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Joseph Lemaire

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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527 Spencer St NE, Grand Rapids, MI 49505

Status: Active

Tomo last checked: 11/05/2024 at 4:00 PM

Listing updated: 09/20/2024 at 3:01 PM

Listed by: Mark M Brace, Berkshire Hathaway HomeServices Michigan Real Esta Phone #: (616) 364-9551

MLS: Realcomp #65024049871

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