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$75,000

Beds
4
Baths
2.0
sq ft
2,092

516 S Grover Ave, Alma, MI 48801

516 S Grover Ave

Alma, MI 48801

  • 190 days on market
    • Price drop $5,000↓
This four bedroom, two bathroom home is situated on a large lot, offering plenty of space for outdoor activities and potential for landscaping and gardening. The two car garage provides convenient parking and storage space for vehicles and equipment. Inside you will find plenty of space including an exceptionally large kitchen, dining room and living room. Although the home could use a little work, it presents a great opportunity for customization and improvements. With four bedrooms, there is ample room for a growing family or for guests. The two bathrooms provide convenience and comfort for residents and visitors.

Details

Property type

Single Family Residence

Est. home value

$95,193

Lot size

0.83 acres

Price per sq ft

$36

Year built

1929

Annual property taxes

$2,218.82

Price History

11/01/2024
Realcomp

Realcomp #79080017011

Listed
$75,000
11/01/2024
Realcomp

Realcomp #79080017011

Removed
$75,000
05/22/2024
Realcomp

Realcomp #79080017011

Price change
$75,000
-6.25%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Alma

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

$17,794
Asking price
$75,000
Closing costs (~8% of asking)
-$6,000
Est. remaining loan balance
-$51,206
Cash to seller
$17,794

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

Seller’s Loan History

Lender

Mers

Loan start date

November 2013

Original loan amount

$66,500

Est. remaining balance

$51,206

Interest rate

4.22%

Loan type

Not Provided, 30 year

Seller

Barbara A Raby and Manuel Raby

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: 11/05/2024 at 4:15 PM

Listing updated: 11/04/2024 at 6:30 AM

Listed by: Rachel Shoemaker, Phone #: (616) 791-1500

MLS: Realcomp #79080017011

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