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$295,000

Beds
5
Baths
2.0
sq ft
1,716

655 Lydia St NE, Grand Rapids, MI 49503

655 Lydia St NE

Grand Rapids, MI 49503

  • 85 days on market
    • Price drop $9,000↓
Spacious, move-in ready home just steps from Highland Park and the vibrant Medical Mile! The newer furnace and roof (2021) provides peace of mind and minimal maintenance for years to come. The charming front porch welcomes you into a bright, sun-soaked interior featuring original hardwood floors, main floor laundry and an updated kitchen. Upstairs, four spacious bedrooms and a second full bath with an operable jacuzzi tub offer plenty of space and comfort. The expansive, finished attic provides a versatile retreat--perfect as a bedroom, bonus room, or cozy escape. The waterproofed basement & detached garage offer ample storage, and the fenced-in backyard offers a private oasis, perfect for relaxing by the fire pit. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$274,034

Lot size

5,227 sq ft

Price per sq ft

$172

Year built

1925

Annual property taxes

$3,019

Price History

11/25/2024
Realcomp

Realcomp #65024051219

Price change
$295,000
-5.45%
10/21/2024
Realcomp

Realcomp #65024051219

Price change
$312,000
-3.97%
09/27/2024
Realcomp

Realcomp #65024051219

Listed
$324,900
+39.14%

Schools & Community

Neighborhood: 

Highland 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

$66,307
Asking price
$295,000
Closing costs (~8% of asking)
-$23,600
Est. remaining loan balance
-$205,093
Cash to seller
$66,307

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2021

Original loan amount

$221,825

Est. remaining balance

$205,093

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Hannah Walter

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: 12/22/2024 at 10:50 AM

Listing updated: 11/25/2024 at 8:05 AM

Listed by: Caitlin Grant, The Local Element Phone #: (616) 202-6551

MLS: Realcomp #65024051219

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