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$260,000

Beds
4
Baths
2.0
sq ft
960

5543 Mick Ave SE, Grand Rapids, MI 49548

5543 Mick Ave SE

Kentwood, MI 49548

  • 2 days on market
Welcome to a fair priced home on a quiet street with an amazing 2 stall garage under the 2 stall garage and a full in-law suite in the walkout lower level. The main floor has an updated kitchen, eating area, living room, 3 bedrooms, and a semi-renovated full bath. The lower lever has a full kitchen, laundry, full bathroom, family room, bedroom and storage. Other perks: fenced in backyard, no houses behind, 21 central AC, 20 new electrical panel, 2019 furnace, and close to shopping, schools, restaurants, parks, and major highways. Call for a private showing today. Open house is 12 to 1 30 on 1.18.25

Details

Property type

Single Family Residence

Est. home value

$271,170

Lot size

0.28 acres

Price per sq ft

$271

Year built

1962

Annual property taxes

$4,263.29

Price History

01/16/2025
Realcomp

Realcomp #65025001964

Listed
$260,000
+38.37%
07/31/2020
Realcomp

Realcomp #65020020860

Sold
$187,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Kelloggsville

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

$63,632
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$175,568
Cash to seller
$63,632

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

August 2021

Original loan amount

$189,550

Est. remaining balance

$175,568

Interest rate

3.02%

Loan type

Not Provided, 30 year

Seller

Alicia Kohn and Gregory Kohn

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: 01/19/2025 at 7:40 AM

Listing updated: 01/18/2025 at 1:45 PM

Listed by: Doug F Takens, Independence Realty (Main) Phone #: (616) 669-0463

MLS: Realcomp #65025001964

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