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$419,000

Beds
2
Baths
2.0
sq ft
925

600 Broadway Ave NW Unit 612, Grand Rapids, MI 49504

600 Broadway Ave NW Unit 612

Grand Rapids, MI 49504

  • 171 days on market
stunning penthouse at the iconic Union Square Condos. Enjoy amazing sunsets overlooking the city's west side on your private balcony and on-site amenities such as a pool, hot tub, fitness center, and secure parking. It's within walking distance from Grand Rapid's popular ''Bridge Street'' district which has some of the city's best food, entertainment, and nightlife.The unit is flooded with natural light. It boasts original exposed brick, hardwood floors, granite countertops, and stainless steel appliances. The building itself was the historic Union High School before being converted into the Union Square condominium complex. Bedrooms are spacious and have plenty of room for relaxed living.There are living areas on the middle and upper floors, so it's great for having separate spaces to relax or entertain. Enjoy the magnificent views from both living areas while listening to crisp music from the state-of-the-art audio equipment. The property has been a private residence and also a profitable mid-term rental. Furnishing may be included in the sale. Reach out with inquires or to set up a showing. 2 deeded parking spaces.

Details

Property type

Condominium

Est. home value

$369,001

Lot size

Unknown

Price per sq ft

$453

Year built

1900

Annual property taxes

$3,178

Price History

01/13/2024
Realcomp

Realcomp #65024003216

Listed
$419,000
+19.71%
02/15/2023
Realcomp

Realcomp #65022050587

Sold
$350,000
03/02/2022
Realcomp

Realcomp #65022002502

Sold
$350,000

Schools & Community

Neighborhood: 

West Grand

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$58,066
Asking price
$419,000
Closing costs (~8% of asking)
-$33,520
Est. remaining loan balance
-$327,414
Cash to seller
$58,066

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

February 2023

Original loan amount

$332,500

Est. remaining balance

$327,414

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Theresa Cremonta and Thomas Cremonta

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: 07/02/2024 at 7:30 PM

Listing updated: 01/17/2024 at 8:54 AM

Listed by: Jeff Kermath, Kermath Realty LLC Phone #: (734) 649-4903

MLS: Realcomp #65024003216

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