tomo logo

$229,900

Beds
3
Baths
2.0
sq ft
1,768

718 Leonard St NE, Grand Rapids, MI 49503

718 Leonard St NE

Grand Rapids, MI 49503

  • 54 days on market
    • Price drop $5,000↓
Large two-story home situated on a generous corner lot. This home offers plenty of space inside and out, giving plenty of options for the new owner. The covered front entrance leads you into a spacious main level with large kitchen that walks out to your back deck. Upstairs you'll find 4 large bedrooms and additional full bathroom. Home has energy-saving upgrades that include replacement windows and high efficiency furnace. All Stainless steel appliances plus washer and dryer are included. Garage could be added in the future to increase value! This home is available for immediate possession--schedule your private tour today!

Details

Property type

Single Family Residence

Est. home value

$257,129

Lot size

0.23 acres

Price per sq ft

$131

Year built

1890

Annual property taxes

$2,187

Price History

11/22/2024
Realcomp

Realcomp #65024056764

Price change
$229,900
-2.13%
11/12/2024
Realcomp

Realcomp #65024056764

Price change
$234,900
-2.08%
10/29/2024
Realcomp

Realcomp #65024056764

Listed
$239,900

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

$129,872
Asking price
$229,900
Closing costs (~8% of asking)
-$18,392
Est. remaining loan balance
-$81,636
Cash to seller
$129,872

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

May 2016

Original loan amount

$100,000

Est. remaining balance

$81,636

Interest rate

3.71%

Loan type

New Conventional, 30 year

Seller

John M Blankemeier

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?

Similar Homes Nearby

Realcomp
$199,900
3 bd
|
2 ba
|
1,196 sq ft
|
House

887 Crosby St NW, Grand Rapids, MI 49504

Price drop
Realcomp
$232,900
3 bd
|
2 ba
|
1,092 sq ft
|
House

701 Clancy Ave NE, Grand Rapids, MI 49503

Realcomp
$250,000
3 bd
|
2 ba
|
818 sq ft
|
House

333 Florence St NE, Grand Rapids, MI 49505

Status: Active

Tomo last checked: 12/22/2024 at 9:50 AM

Listing updated: 12/19/2024 at 4:14 PM

Listed by: Timothy J Todd, Target Realty Group LLC Phone #: (616) 425-5822

MLS: Realcomp #65024056764

Realcomp logo