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$310,000

Beds
3
Baths
2.0
sq ft
1,387

509 Coit Ave NE, Grand Rapids, MI 49503

509 Coit Ave NE

Grand Rapids, MI 49503

  • 1 day on market
Experience the epitome of convenience and modern living in this completely remodeled 3b/2b home nestled in the sought-after Belknap neighborhood of G.R. Just steps away from hospitals, the Medical School, GVSU, & downtown, this location offers unparalleled accessibility for work & play. Every detail has been meticulously upgraded, from the roof to the windows, kitchen, bathrooms, flooring, plumbing, electrical, gutters, fence, and mechanical systems. While lacking a garage or driveway, Belknap residents enjoy private permit parking for just $40/year with 2 slots allowed, ensuring hassle-free parking. With scooters and buses conveniently located nearby, navigating the city is a breeze. Don't miss out on this opportunity to own a piece of downtown living at its finest! Currently rented

Details

Property type

Single Family Residence

Est. home value

$290,785

Lot size

Unknown

Price per sq ft

$224

Year built

1910

Annual property taxes

$5,200

Price History

03/24/2025
Realcomp

Realcomp #65025011300

Listed
$310,000
-1.56%
07/28/2024
Realcomp

Realcomp #65024021673

Removed
$314,900
06/01/2024
Realcomp

Realcomp #65024021673

Price change
$314,900
-2.81%

Schools & Community

Neighborhood: 

Belknap Lookout

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

$87,534
Asking price
$310,000
Closing costs (~8% of asking)
-$24,800
Est. remaining loan balance
-$197,666
Cash to seller
$87,534

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

Seller’s Loan History

Lender

Northern Mortgage Services Llc

Loan start date

June 2022

Original loan amount

$206,250

Est. remaining balance

$197,666

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Jenna Elaine Millstead and Patricia Millstead

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: 03/25/2025 at 3:45 PM

Listing updated: 03/24/2025 at 5:11 PM

Listed by: Brian Bartholomew, RE/MAX of Grand Rapids (FH) Phone #: (616) 957-0700

MLS: Realcomp #65025011300

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