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$289,000

Beds
5
Baths
2.0
sq ft
2,496

515 W Brooks St, Newaygo, MI 49337

515 W Brooks St

Newaygo, MI 49337

  • 45 days on market
A grand 4 square home with 5 bedrooms 2 baths on over an acre lot in the City of Newaygo. Fresh painted, wood floors, three season room, main floor laundry, newer water heater, newer furnace, 2 1/2 stall detached garage with an older 11x44 shed. This home is in good shape and ready for a family, or an investor. May be zoned B-2 for a small business. Many many possibilities. Come over and take a look at this place. It could be your place.

Details

Property type

Single Family Residence

Est. home value

$247,220

Lot size

1.06 acres

Price per sq ft

$116

Year built

1921

Annual property taxes

$3,412

Price History

08/12/2024
Realcomp

Realcomp #72024035772

Price change
$289,000
+7.43%
08/03/2024
Realcomp

Realcomp #72024035772

Listed
$269,000
07/22/2024
Realcomp

Realcomp #72024035772

Pending
$269,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Newaygo

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

$209,341
Asking price
$289,000
Closing costs (~8% of asking)
-$23,120
Est. remaining loan balance
-$56,539
Cash to seller
$209,341

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

Seller’s Loan History

Lender

Grand River Bank

Loan start date

January 2017

Original loan amount

$101,560

Est. remaining balance

$56,539

Interest rate

3.34%

Loan type

Not Provided, 15 year

Seller

Erick G Helfmann

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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Status: Active

Tomo last checked: 08/26/2024 at 4:20 PM

Listing updated: 08/12/2024 at 5:13 PM

Listed by: David Stout, RE/MAX River Valley Phone #: (231) 652-1100

MLS: Realcomp #72024035772

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