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$244,000

Beds
3
Baths
1.0
sq ft
1,225

615 Griggs St SE, Grand Rapids, MI 49507

615 Griggs St SE

Grand Rapids, MI 49507

  • 29 days on market
    • Price drop $5,000↓
This property combines the beauty of a historical home with a modern touch. The main floor has been recently updated with new drywall and fresh paint. Hardwood floors all throughout the house except for the kitchen. Remodeled kitchen with white shaker cabinets, Luxury Vinyl Plank Floors, and stainless steel appliances. Upstairs has 3 good size bedrooms and a bathroom. The basement could be easily finished to add extra living space. All appliances stay! This home is waiting for you!

Details

Property type

Single Family Residence

Est. home value

$185,547

Lot size

5,227 sq ft

Price per sq ft

$200

Year built

1924

Annual property taxes

$2,175.87

Price History

06/26/2024
Realcomp

Realcomp #65024028312

Price change
$244,000
-2.01%
06/18/2024
Realcomp

Realcomp #65024028312

Price change
$249,000
-0.4%
06/05/2024
Realcomp

Realcomp #65024028312

Listed
$250,000
+11.11%

Schools & Community

Neighborhood: 

Garfield Park

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

$31,845
Asking price
$244,000
Closing costs (~8% of asking)
-$19,520
Est. remaining loan balance
-$192,635
Cash to seller
$31,845

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

February 2024

Original loan amount

$193,325

Est. remaining balance

$192,635

Interest rate

6.61%

Loan type

FHA, 30 year

Seller

Israel Reyes

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 11:25 PM

Listing updated: 06/26/2024 at 10:53 PM

Listed by: Melisa Utz, Success Realty West Michigan Phone #: (616) 447-3010

MLS: Realcomp #65024028312

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