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$1,850,000

Beds
3
Baths
3.5
sq ft
3,345

557 Greenwood Ave SE, Grand Rapids, MI 49506

557 Greenwood Ave SE

EastGrandRapidsCity_Kent, MI 49506

  • 5 days on market
Better than new construction. 2022 built home with quality finishes in Gaslight Village. High ceilings, plaster finished hood, herringbone floors, marble countertops and slab backsplash in a stunning kitchen. Second working kitchen with unique but seamless amenities make this home well suited to entertaining. Gorgeous windows and doors and a unique floorplan with a private primary suite featuring dual closets, office/den with fireplace and built-ins. The basement level features two private bedroom and bath suites, family room with second wet bar. Professionally landscaped yard with backyard patio. A stunning home in the heart of East Grand Rapids.

Details

Property type

Single Family Residence

Est. home value

$917,997

Lot size

6,970 sq ft

Price per sq ft

$554

Year built

2022

Annual property taxes

$33,229

Price History

03/26/2025
Realcomp

Realcomp #65025011634

Listed
$1,850,000
-5.13%
01/16/2025
Realcomp

Realcomp #65024044776

Removed
$1,950,000
08/26/2024
Realcomp

Realcomp #65024044776

Listed
$1,950,000
+757.14%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

EastGrandRapids

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

$1,582,592
Asking price
$1,850,000
Closing costs (~8% of asking)
-$148,000
Est. remaining loan balance
-$119,408
Cash to seller
$1,582,592

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

Seller’s Loan History

Lender

Fifth Third Bank Na

Loan start date

August 2021

Original loan amount

$129,600

Est. remaining balance

$119,408

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Brian O Tierney and Heidi A Tierney

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: 03/31/2025 at 1:00 PM

Listing updated: 03/26/2025 at 9:51 AM

Listed by: Jane (Mary) McCarthy, Greenridge Realty (EGR) Phone #: (616) 458-3655

MLS: Realcomp #65025011634

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