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$308,000

Beds
4
Baths
2.0
sq ft
842

5986 S Parkway Ave SE, Grand Rapids, MI 49508

5986 S Parkway Ave SE

Kentwood, MI 49508

  • 62 days on market
    • Price drop $12,000↓
Welcome to this charming 4-bedroom, 2-full-bath bi-level home situated in the desirable Kentwood area. The bright and airy open-concept kitchen seamlessly flows into the inviting living space, creating a perfect setting for entertaining.The home is adorned with beautiful handscraped laminate floors, adding warmth and character throughout. Vaulted ceilings enhance the sense of space while abundant natural light pours in, making the interior feel even more welcoming.Step outside to discover the expansive private backyard, fully fenced for your enjoyment--ideal for outdoor gatherings or simply relaxing in your own serene oasis. This home truly combines comfort and style, making it a perfect retreat.Buyer or buyers agent responsible for verifying all info including square footage.

Details

Property type

Single Family Residence

Est. home value

$323,404

Lot size

0.24 acres

Price per sq ft

$366

Year built

1985

Annual property taxes

$3,545.27

Price History

12/04/2024
Realcomp

Realcomp #65024055335

Price change
$308,000
-3.75%
10/21/2024
Realcomp

Realcomp #65024055335

Listed
$320,000
+47.81%
05/11/2020
Realcomp

Realcomp #65020010917

Sold
$216,500
+27.35%

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

$93,041
Asking price
$308,000
Closing costs (~8% of asking)
-$24,640
Est. remaining loan balance
-$190,319
Cash to seller
$93,041

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

May 2020

Original loan amount

$210,005

Est. remaining balance

$190,319

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Emmanuel Ndagijimana and Chantal Nyirankumi

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 10:30 AM

Listing updated: 12/04/2024 at 6:00 PM

Listed by: Filloreta Balaj-Elezi, EXP Realty LLC Phone #: (269) 600-4397

MLS: Realcomp #65024055335

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