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$460,000

Beds
4
Baths
4.0
sq ft
2,162

5504 E Heathwood Dr SE, Grand Rapids, MI 49512

5504 E Heathwood Dr SE

Kentwood, MI 49512

  • 1 day on market
    • Open house Feb 06
Great home in Bailey's Grove offering spaciousness, natural light, and thoughtful layout with all the right features. The cathedral ceilings and the abundance of light makes the living area feel airy and open. 3 bedrooms upstairs with a master bath and closet along with another full bath for the other bedrooms. Main level offers laundry room, bedroom or office and a family room with a fireplace! Having a walkout patio from the family room is definitely a bonus for indoor-outdoor living, too.Lower level has a bonus space-(non conforming bedroom) living room and bathroom that could be used for various purposes. The flexibility of that space makes it feel like you could adapt it as your needs change--Separate living area, workout room, hobby area, office let your lifestyle create the space!

Details

Property type

Single Family Residence

Est. home value

$434,984

Lot size

0.31 acres

Price per sq ft

$213

Year built

1997

Annual property taxes

$6,556.65

Monthly HOA fee

$32.92

Price History

02/03/2025
Realcomp

Realcomp #65025004038

Listed
$460,000
+5.75%
07/08/2022
Realcomp

Realcomp #65022011318

Sold
$435,000
+67.31%
08/30/2019
Realcomp

Realcomp #65019015545

Sold
$260,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Kentwood

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

$87,967
Asking price
$460,000
Closing costs (~8% of asking)
-$36,800
Est. remaining loan balance
-$335,233
Cash to seller
$87,967

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

Seller’s Loan History

Lender

Northern Mortgage Services Llc

Loan start date

July 2022

Original loan amount

$348,000

Est. remaining balance

$335,233

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Denald Hena and Abinaya Hena

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: 02/05/2025 at 5:50 PM

Listing updated: 02/04/2025 at 4:32 PM

Listed by: Rebecca S Snider, City2Shore Gateway Group of Byron Center Phone #: (616) 326-0110

MLS: Realcomp #65025004038

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