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$395,000

Beds
3
Baths
2.5
sq ft
1,377

5521 Discovery Dr SE, Grand Rapids, MI 49508

5521 Discovery Dr SE

Kentwood, MI 49508

  • 53 days on market
Discover your new home in this beautifully renovated property, nestled on a picturesque 0.304-acre wooded lot. Featuring a newly renovated kitchen, main floor laundry and primary bedroom, this property combines comfort and modern living. Enjoy the luxury of a spacious primary bedroom complete with a stylish, newly renovated ensuite bathroom. Cook and entertain in your newly updated kitchen, featuring new granite countertops and an open layout. The bright and airy design enhances the spacious feel of the living room, complete with a cozy fireplace--perfect for chilly Michigan winters. Expand your living space with a 3 Season room and fully finished basement. Step outside to your beautifully wooded backyard, ideal for gardening, entertaining, or enjoying nature. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$369,844

Lot size

0.30 acres

Price per sq ft

$287

Year built

1987

Annual property taxes

$5,083.15

Price History

10/30/2024
Realcomp

Realcomp #65024056994

Listed
$395,000
+26.6%
06/18/2021
Realcomp

Realcomp #65021012382

Sold
$312,000

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

$106,055
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$257,345
Cash to seller
$106,055

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

Seller’s Loan History

Lender

Old National Bank

Loan start date

June 2021

Original loan amount

$278,550

Est. remaining balance

$257,345

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Nicholas Karlis and Rosemary J Vallis

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: 12/22/2024 at 12:40 PM

Listing updated: 12/08/2024 at 2:15 PM

Listed by: Shelby Scarla, Best Homes of Michigan LLC Phone #: (888) 457-4601

MLS: Realcomp #65024056994

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