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$159,900

Beds
2
Baths
1.0
sq ft
1,033

621 Olympia St SW, Grand Rapids, MI 49503

621 Olympia St SW

Grand Rapids, MI 49503

  • <1 day on market
Looking for a flip project or rental investment? This 2-bedroom, 1-bath home is a golden opportunity in the heart of downtown Grand Rapids. Located just minutes from top restaurants, entertainment, and thriving city life, this property is ready for a full transformation. With solid bones and a desirable location, this is the perfect home renovation project. Whether you're looking to flip for profit or create your dream urban home, this property is full of potential. Call today for a showing!

Details

Property type

Single Family Residence

Est. home value

$153,096

Lot size

3,049 sq ft

Price per sq ft

$155

Year built

1924

Annual property taxes

$2,578.41

Price History

03/14/2025
Realcomp

Realcomp #65025009688

Listed
$159,900
+59.9%
04/16/2021
Realcomp

Realcomp #65021010483

Sold
$100,000
+26.58%
05/11/2020
Realcomp

Realcomp #65020003064

Sold
$79,000

Schools & Community

Neighborhood: 

Roosevelt 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

$78,740
Asking price
$159,900
Closing costs (~8% of asking)
-$12,792
Est. remaining loan balance
-$68,368
Cash to seller
$78,740

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

Seller’s Loan History

Lender

Ruoff Mortgage Company Inc

Loan start date

May 2020

Original loan amount

$75,905

Est. remaining balance

$68,368

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Susan K Garza

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: 03/14/2025 at 7:00 PM

Listing updated: 03/14/2025 at 2:59 PM

Listed by: Elijah N Meschke, United Realty Services LLC Phone #: (616) 965-2304

MLS: Realcomp #65025009688

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