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$140,000

Beds
3
Baths
1.0
sq ft
1,290

718 N 3rd Ave, Big Rapids, MI 49307

718 N 3rd Ave

Big Rapids, MI 49307

  • 45 days on market
    • Price drop $19,900↓
This move-in ready 3-bedroom, 1-bath home is perfect for a new family! The spacious open kitchen, complete with a cozy natural gas fireplace, creates a warm and inviting atmosphere. The loft/ 3rd bedroom offers extra living space, ideal for a playroom, office, or extra lounging area. Recent updates include new windows, doors, fresh paint, an updated bathroom, and new refrigerator, washer, and dryer.You'll love the location with easy access to Riverwalk for outdoor adventures. The property also features a charming shed that's set up as a sweet hangout space, complete with a hot tub, and a nicely sized yard for relaxation or play. A wonderful place to call home!

Details

Property type

Single Family Residence

Est. home value

$122,652

Lot size

6,098 sq ft

Price per sq ft

$109

Year built

1950

Annual property taxes

$1,480.18

Price History

01/13/2025
Realcomp

Realcomp #72024062241

Price change
$140,000
-12.45%
12/07/2024
Realcomp

Realcomp #72024062241

Listed
$159,900
+32.75%
03/08/2023
Realcomp

Realcomp #72022042495

Sold
$120,450

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Big 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

$14,581
Asking price
$140,000
Closing costs (~8% of asking)
-$11,200
Est. remaining loan balance
-$114,219
Cash to seller
$14,581

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

Seller’s Loan History

Lender

Union Home Mortgage Corp

Loan start date

March 2023

Original loan amount

$116,844

Est. remaining balance

$114,219

Interest rate

6.15%

Loan type

FHA, 30 year

Seller

Jerrad Jones

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: 01/22/2025 at 5:55 PM

Listing updated: 01/13/2025 at 11:00 AM

Listed by: Whitney Kay Harrison, Keller Williams Northern Michigan Hometown Phone #: (231) 250-0884

MLS: Realcomp #72024062241

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