tomo logo

$220,000

Beds
5
Baths
2.0
sq ft
1,854

4897 Boyd Ave NE, Grand Rapids, MI 49525

4897 Boyd Ave NE

Plainfield Twp, MI 49525

  • 4 days on market
Great Investment Opportunity in Northview Schools! Could Potentially Be Turned Into A Duplex With 2 Separate Kitchens And Entrances! Sits On A Large Lot With Generac Generator, Has 5 Bedrooms, 2 Full Baths, New AC 2021/Furnace in 2023 & The Roof/Windows Are New Within The Last 7 Years! Offers Due 7/2 @ 4 PM!

Details

Property type

Single Family Residence

Est. home value

$256,891

Lot size

0.69 acres

Price per sq ft

$119

Year built

1940

Annual property taxes

$2,591

Price History

06/26/2024
Realcomp

Realcomp #65024032666

Listed
$220,000
+29.03%
04/22/2021
Realcomp

Realcomp #65021007486

Sold
$170,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Northview

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

$56,093
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$146,307
Cash to seller
$56,093

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

April 2021

Original loan amount

$157,000

Est. remaining balance

$146,307

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Gideon J Eising and Taylor D Eising

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?

Similar Homes Nearby

Realcomp
$239,000
2 bd
|
1 ba
|
1,004 sq ft
|
House

420 Elmdale St NE, Grand Rapids, MI 49525

Realcomp
$249,900
3 bd
|
2 ba
|
1,100 sq ft
|
Condo

4293 Sawkaw Dr NE Unit 39, Grand Rapids, MI 49525

Status: Active

Tomo last checked: 06/30/2024 at 10:35 PM

Listing updated: 06/28/2024 at 6:53 PM

Listed by: Jennifer L Tanis, Berkshire Hathaway HomeServices Michigan Real Esta Phone #: (616) 364-9551

MLS: Realcomp #65024032666

Realcomp logo

Recently listed in Plainfield Twp

$370,000|4 bd|2.5 ba|House
$325,000|3 bd|2.0 ba|House
$555,000|4 bd|2.0 ba|House
$500,000|3 bd|1.5 ba|House
$309,900|3 bd|1.0 ba|House