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$369,900

Beds
2
Baths
2.0
sq ft
1,151

542 Fairview Ave NE Unit 2, Grand Rapids, MI 49503

542 Fairview Ave NE Unit 2

Grand Rapids, MI 49503

  • 27 days on market
    • Price drop $5,000↓
Properties as stunning and unique as this brownstone condo are hard to come by. Located near the Belknap Lookout, this luxurious 2-bed, 2-bath condo combines modern elegance with features like a farmhouse sink, quartz countertops and beautifully detailed cabinetry. Minutes from downtown and the Medical Mile, the convenience is unmatched. A set of stairs at Fairview Ave directly connects the hilltop to the heart of downtown, making this neighborhood a rare and highly desirable part of the city. There's so much to love about this condo. Schedule your private showing today to see for yourself!

Details

Property type

Condominium

Est. home value

$393,526

Lot size

Unknown

Price per sq ft

$322

Year built

2015

Annual property taxes

$5,625

Monthly HOA fee

$290

Price History

11/01/2024
Realcomp

Realcomp #65024056215

Price change
$369,900
-1.33%
10/29/2024
Realcomp

Realcomp #65024056215

Listed
$374,900
10/29/2024
Realcomp

Realcomp #65024056215

Removed
$374,900

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

$63,619
Asking price
$369,900
Closing costs (~8% of asking)
-$29,592
Est. remaining loan balance
-$276,689
Cash to seller
$63,619

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

March 2021

Original loan amount

$301,750

Est. remaining balance

$276,689

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Brian Pfeiffer

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: 11/22/2024 at 4:55 AM

Listing updated: 11/12/2024 at 3:58 PM

Listed by: Christi Rice, EXP Realty LLC Phone #: (269) 600-4397

MLS: Realcomp #65024056215

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