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$400,000

Beds
3
Baths
2.0
sq ft
1,184

7081 Patterson Ave SE, Caledonia, MI 49316

7081 Patterson Ave SE

Gaines Twp, MI 49316

  • 2 days on market
Check out the best of Caledonia! COMPLETLY REMODELED! You are going to love the new flooring, paint, roof, siding, updated 200 Amp, and remodeled basement that has a wet bar and was designed for entertaining. Outside you have a HUGE 30X40 heated pole barn with 100 Amp, 2.23 Acres, and close to everything. All of this is in the popular Caledonia School District and it is minutes from Grand Rapids. This home is in MINT condition and the seller is willing to negotiate a home warranty. This home also qualifies for our Home Now mortgage programs making the payments less and the home an even better deal. Call TODAY for your private showing.

Details

Property type

Single Family Residence

Est. home value

$390,609

Lot size

2.23 acres

Price per sq ft

$338

Year built

1964

Annual property taxes

$2,671

Price History

03/07/2025
Realcomp

Realcomp #65025008378

Listed
$400,000
+48.15%
05/15/2020
Realcomp

Realcomp #65020011112

Sold
$270,000
+47.74%
02/22/2016
Realcomp

Realcomp #65015064339

Sold
$182,750

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Caledonia

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

$131,619
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$236,381
Cash to seller
$131,619

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

Seller’s Loan History

Lender

Fifth Third Bank Na

Loan start date

May 2020

Original loan amount

$261,900

Est. remaining balance

$236,381

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Jordan R Haley and Emily L Ferris

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: 03/10/2025 at 1:10 AM

Listing updated: 03/09/2025 at 2:34 PM

Listed by: Jason S Lash, Jason S Lash, Epique RealtyEpique Realty Phone #: (248) 218-2604

MLS: Realcomp #65025008378

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