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$229,900

Beds
4
Baths
1.5
sq ft
1,565

725 Olympia St SW, Grand Rapids, MI 49503

725 Olympia St SW

Grand Rapids, MI 49503

  • 36 days on market
Spacious (1500+Sq.Ft.)home with either a Bedroom or Den on the main floor along with Kitchen, Formal Dining room, Living room and 1/2 bath. Up are three spacious bedrooms and a full bath. A full basement, vinyl siding and a newer (2023) roof with a completed tear off. Home appears to be in good shape. Parking for 2 or 3 cars off the alley behind the house. Home is presently rented; no showings until 06/03/2024. No Sunday showings.

Details

Property type

Single Family Residence

Est. home value

$202,631

Lot size

3,920 sq ft

Price per sq ft

$147

Year built

1907

Annual property taxes

$1,500

Price History

05/29/2024
Realcomp

Realcomp #71024026837

Listed
$229,900

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

$173,425
Asking price
$229,900
Closing costs (~8% of asking)
-$18,392
Est. remaining loan balance
-$38,083
Cash to seller
$173,425

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

Seller’s Loan History

Lender

Green Tree Servicing Llc

Loan start date

April 2015

Original loan amount

$60,200

Est. remaining balance

$38,083

Interest rate

3.75%

Loan type

New Conventional, 20 year

Seller

Daniel Arizola and Dan Arizola

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: 07/04/2024 at 11:35 PM

Listing updated: 06/03/2024 at 4:13 PM

Listed by: Anthony DeBartolo, Phone #: (616) 459-3581

MLS: Realcomp #71024026837

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