tomo logo

$390,000

Beds
3
Baths
2.0
sq ft
1,646

7690 Cahoon Dr SE, Grand Rapids, MI 49546

7690 Cahoon Dr SE

Cascade Twp, MI 49546

  • 3 days on market
Looking for a home in the Forest Hill school district? This ranch-style berm-home is waiting for you! It has 3 bedrooms, 2 full baths, Family Room, Living Room, Kitchen, Dining area with sliding doors leading to a deck and a wooded area with a creek running at the bottom of the hill, the family room has a fireplace to enjoy on the cold days, and a two-stall garage sitting on a 1.3 acres of land on a cul-de-sac. There is no basement but it has a New Water Heater, New Furnace and New Air Conditioner.

Details

Property type

Single Family Residence

Est. home value

$394,955

Lot size

1.30 acres

Price per sq ft

$237

Year built

1987

Annual property taxes

$3,108.74

Price History

06/26/2024
Realcomp

Realcomp #65024032751

Listed
$390,000
+133.53%
09/16/2015
Realcomp

Realcomp #65015030298

Sold
$167,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Forest Hills

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

$232,174
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$126,626
Cash to seller
$232,174

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

Seller’s Loan History

Lender

Ross Mortgage Corp

Loan start date

September 2015

Original loan amount

$154,660

Est. remaining balance

$126,626

Interest rate

3.98%

Loan type

FHA, 30 year

Seller

Thomas Hollander

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: 06/30/2024 at 10:40 PM

Listing updated: 06/27/2024 at 5:13 AM

Listed by: Keith E Nederhoed, Bellabay Realty LLC Phone #: (616) 871-9200

MLS: Realcomp #65024032751

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