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$194,900

Beds
2
Baths
1.0
sq ft
1,128

518 Umatilla St SE, Grand Rapids, MI 49507

518 Umatilla St SE

Grand Rapids, MI 49507

  • 25 days on market
    • Price drop $5,000↓
Located in the heart of Madison Square, this beautifully updated two-bedroom, one-bath home blends modern updates with classic charm. Step in and fall in love with you front foyer and 3 season porch area. The open-concept living with gorgeous brick fireplace, kitchen, and dining areas create a bright and airy space perfect for both relaxing and entertaining. Recent updates include fresh flooring, paint, built-ins and lighting throughout the home, giving it a sleek and welcoming feel. Upstairs, two spacious bedrooms and a refreshed bathroom await. The partially fenced backyard is great for entertaining on those cool summer evenings with friends and family! Move-in ready, this home offers comfort and style in a prime location near local shops, dining, and parks.

Details

Property type

Single Family Residence

Est. home value

$167,928

Lot size

2,614 sq ft

Price per sq ft

$173

Year built

1914

Annual property taxes

$1,351.99

Price History

10/18/2024
Realcomp

Realcomp #65024053397

Price change
$194,900
-2.5%
10/10/2024
Realcomp

Realcomp #65024053397

Listed
$199,900
+68.36%
04/29/2020
Realcomp

Realcomp #65020010459

Sold
$118,736
-12.05%

Schools & Community

Neighborhood: 

Madison Area

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

Freedom Mortgage Corp

Loan start date

October 2022

Original loan amount

$10,737

Est. remaining balance

Not provided

Interest rate

5.13%

Loan type

Stand Alone Second, 28 year

Seller

Paul A Armes Jr and Shanise Armes

Lender

Finance Of America Mortgage Llc

Loan start date

April 2020

Original loan amount

$121,466

Est. remaining balance

$109,943

Interest rate

3.29%

Loan type

VA, 30 year

Seller

Paul A Armes Jr and Shanise Armes

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 6:25 AM

Listing updated: 10/18/2024 at 10:27 AM

Listed by: Donna K Anders, Berkshire Hathaway HomeServices Michigan Real Esta Phone #: (616) 364-9551

MLS: Realcomp #65024053397

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