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$350,000

Beds
2
Baths
2.0
sq ft
1,363

600 Broadway Ave NW Unit 414, Grand Rapids, MI 49504

600 Broadway Ave NW Unit 414

Grand Rapids, MI 49504

  • 55 days on market
Enjoy downtown living within walking distance to Bridge Street business corridor including a network of shops, restaurants, entertainment venues, breweries and other craft beverage providers. Plus, you get an on-site rooftop pool & hot tub, fitness center and clubhouse. This condominium features a private balcony, in-unit laundry hook-up, 12-foot ceilings, exposed brick walls, hardwood floors, galley kitchen with snack bar and one parking space in the gated surface lot.

Details

Property type

Condominium

Est. home value

$361,186

Lot size

Unknown

Price per sq ft

$257

Year built

1900

Annual property taxes

$7,257.65

Monthly HOA fee

$606

Price History

05/10/2024
Realcomp

Realcomp #65024023085

Listed
$350,000
+55.56%
06/03/2016
Realcomp

Realcomp #65016002171

Sold
$225,000

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

$173,370
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$148,630
Cash to seller
$173,370

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

June 2016

Original loan amount

$180,000

Est. remaining balance

$148,630

Interest rate

3.58%

Loan type

New Conventional, 30 year

Seller

Michael Kelley

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: 07/04/2024 at 11:50 PM

Listing updated: 06/29/2024 at 11:23 AM

Listed by: Bradley S Veneklase, Urban Soil Realty Phone #: (616) 437-1065

MLS: Realcomp #65024023085

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