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$330,000

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

  • 178 days on market
    • Price drop $20,000↓
Experience the best of downtown living with this stunning condo! Seller offers up to 3% in buyer concessions. Located just steps from the vibrant Bridge Street business corridor, you'll have easy access to shops, restaurants, entertainment venues, breweries, and craft beverage spots. This unit boasts a private balcony, 12-foot ceilings, exposed brick walls, hardwood floors, and a galley kitchen with snack bar. Additional features include in-unit laundry hook-up and a designated parking space in the gated surface lot. Enjoy top-tier amenities like an on-site rooftop pool, hot tub, fitness center, and clubhouse. Don't miss out!

Details

Property type

Condominium

Est. home value

$361,186

Lot size

Unknown

Price per sq ft

$243

Year built

1900

Annual property taxes

$7,257.65

Monthly HOA fee

$606

Price History

08/14/2024
Realcomp

Realcomp #65024023085

Price change
$330,000
-5.71%
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

$156,468
Asking price
$330,000
Closing costs (~8% of asking)
-$26,400
Est. remaining loan balance
-$147,132
Cash to seller
$156,468

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

$147,132

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?

Status: Active

Tomo last checked: 11/05/2024 at 4:25 AM

Listing updated: 10/16/2024 at 12:05 PM

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

MLS: Realcomp #65024023085

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