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$264,999

Beds
4
Baths
1.0
sq ft
1,362

5147 Coit Ave NE, Grand Rapids, MI 49525

5147 Coit Ave NE

Plainfield Twp, MI 49525

  • 1 day on market
Welcome to 5147 Coit Ave NE, a charming ranch-style home in Grand Rapids featuring 4 bedrooms, 1 bath, and set on 3.78 peaceful acres. With dual-entry driveways, convenience meets privacy. Inside, the home exudes warmth with exposed wooden beams and classic finishes. Step out onto the expansive wooded deck, perfect for gatherings or serene relaxation.This property is ideal for those who seek space and tranquility, with ample room for outdoor activities, gardening, or simply enjoying the natural surroundings. Discover a lifestyle where comfort and nature unite seamlessly. Don't miss out on this gem!

Details

Property type

Single Family Residence

Est. home value

$307,832

Lot size

3.78 acres

Price per sq ft

$195

Year built

1950

Annual property taxes

$2,686

Price History

11/02/2024
Realcomp

Realcomp #65024057646

Listed
$264,999
10/28/2024
Realcomp

Realcomp #65024032482

Removed
$265,000
10/14/2024
Realcomp

Realcomp #65024032482

Price change
$265,000
-7.02%

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

$50,557
Asking price
$264,999
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$193,242
Cash to seller
$50,557

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2022

Original loan amount

$200,000

Est. remaining balance

$193,242

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Antonio Ordonez Cux and Mary Isamar Ordonez

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 3:50 PM

Listing updated: 11/03/2024 at 6:55 PM

Listed by: Xavier Santiago, Bellabay Realty LLC Phone #: (616) 871-9200

MLS: Realcomp #65024057646

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