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$225,000

Beds
3
Baths
1.0
sq ft
842

621 Milwaukee Ave NW, Grand Rapids, MI 49504

621 Milwaukee Ave NW

Grand Rapids, MI 49504

  • 3 days on market
This home sits steps from the Monarch, Holiday bar and a block north of the bridge street corridor. You will realize pretty quick why it is the BEST side. Stepping up to your new front porch you will discover updated siding, windows, railing, pillars and roof. Inside to the great room and main floor bedroom with newer flooring and tons of natural light. The kitchen features all appliances included and offers, newer cabinets, countertops, subway tiled backsplash, flooring and lighting. The full bath is gorgeous off the kitchen. The second level offers two more generous bedrooms and a closet.

Details

Property type

Single Family Residence

Est. home value

$194,285

Lot size

3,049 sq ft

Price per sq ft

$268

Year built

1880

Annual property taxes

$1,511

Price History

11/15/2024
Realcomp

Realcomp #65024059609

Listed
$225,000
+39.32%
07/26/2021
Realcomp

Realcomp #65021021005

Sold
$161,500

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

$64,363
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$142,637
Cash to seller
$64,363

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

July 2021

Original loan amount

$153,425

Est. remaining balance

$142,637

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Daniel L Xayabout and Ken Xayabout

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: 11/19/2024 at 2:35 AM

Listing updated: 11/15/2024 at 1:00 PM

Listed by: Michael P O`Hara, Berkshire Hathaway HomeServices Michigan Real Esta Phone #: (616) 364-9551

MLS: Realcomp #65024059609

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