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$244,900

Beds
2
Baths
1.0
sq ft
922

505 Cherry St SE Unit 307, Grand Rapids, MI 49503

505 Cherry St SE Unit 307

Grand Rapids, MI 49503

  • 49 days on market
Convenient urban living is yours in this large 2 BR double exposure corner unit in the heart of the much sought after downtown Heritage Hill district. New interior WOOD doors. This condo offers both comfort and convenience. Bamboo flooring through the open concept living area, great for entertaining. Large windows in main living area face south providing maximum natural light throughout the space. The custom kitchen offers GRANITE counters and abundant storage with snack bar convenient for entertaining. BONUS is IN UNIT WASHER/DRYER. Updated bath with custom tiled shower enclosure. Also available are personal storage locker, large fitness center and rooftop deck for grilling with spectacular city views. HOA includes HEAT, water, gas, sewer, trash, landscaping, snow removal, internet.

Details

Property type

Condominium

Est. home value

$244,446

Lot size

Unknown

Price per sq ft

$266

Year built

1949

Annual property taxes

$3,426.48

Monthly HOA fee

$449

Price History

07/31/2024
Realcomp

Realcomp #65024039651

Listed
$244,900
+25.59%
09/10/2021
Realcomp

Realcomp #65021098376

Sold
$195,000
+25%
08/17/2016
Realcomp

Realcomp #65016029644

Sold
$156,000
+11.43%

Schools & Community

Neighborhood: 

Heritage Hill

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Grand Rapids

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Lake Michigan Cu

Loan start date

September 2021

Original loan amount

$185,250

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Mitch Vruggink

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: 09/19/2024 at 3:15 PM

Listing updated: 09/11/2024 at 12:11 PM

Listed by: Todd A Rookus, Parkside Homes LLC Phone #: (616) 805-4690

MLS: Realcomp #65024039651

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