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$322,400

Beds
2
Baths
2.0
sq ft
1,237

600 Broadway Ave NW Unit 116A, Grand Rapids, MI 49504

600 Broadway Ave NW Unit 116A

Grand Rapids, MI 49504

  • 83 days on market
    • Price drop $7,500↓
Just in time for summer, now is your chance to own this rare first floor unit in Union Square Condominiums! The perfect front yard for you & your pet to enjoy the patio includes a new composite deck & plenty of space for entertaining. Walk into your private entrance featuring an open floor plan, tons of natural light & original brick throughout. This 2 bedroom, 2 full bath condo includes high ceilings, a beautiful kitchen with stainless steel appliances & in-unit laundry. Not only do you have extra parking right out front, but this unit also includes a 1-stall GARAGE! Union Square is located within walking distance to restaurants, bars & shops on Bridge St. This community includes a gym, clubhouse, & amazing rooftop pool. Imagine owning in one of the best condo buildings in Grand Rapids!

Details

Property type

Condominium

Est. home value

$319,654

Lot size

Unknown

Price per sq ft

$261

Year built

1900

Annual property taxes

$4,101.93

Monthly HOA fee

$526

Price History

06/13/2024
Realcomp

Realcomp #65024016350

Price change
$322,400
-2.27%
05/06/2024
Realcomp

Realcomp #65024016350

Price change
$329,900
-1.49%
04/20/2024
Realcomp

Realcomp #65024016350

Listed
$334,900

Schools & Community

Neighborhood: 

West Grand

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse

School district: 

Grand Rapids

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

$112,924
Asking price
$322,400
Closing costs (~8% of asking)
-$25,792
Est. remaining loan balance
-$183,684
Cash to seller
$112,924

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

Seller’s Loan History

Lender

Lake Michigan Cu

Loan start date

January 2022

Original loan amount

$193,500

Est. remaining balance

$183,684

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Andrew Garceau and Kristin L Garceau

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: 06/30/2024 at 10:30 PM

Listing updated: 06/30/2024 at 1:43 PM

Listed by: Nicholas McAnallen, Anchor Realty LLC Phone #: (616) 698-7890

MLS: Realcomp #65024016350

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