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$235,900

Beds
3
Baths
1.5
sq ft
1,288

825 Sherman St SE, Grand Rapids, MI 49506

825 Sherman St SE

Grand Rapids, MI 49506

  • 49 days on market
Welcome to this well-maintained 3-bedroom, 1.5-bathroom home featuring a 1-stall attached garage and convenient off-street parking. Whether you're a first-time homebuyer or an investor looking for a property with immediate rental potential, this home has it all. The rental certification is valid through December 4, 2028, offering peace of mind and hassle-free ownership for years to come. Inside, you'll find a spacious living area perfect for entertaining, a kitchen with ample counter space, and comfortable bedrooms. With two full bathrooms, morning routines are a breeze! Outside, enjoy a low-maintenance yard and a cozy spot to relax. Located in a desirable neighborhood close to schools, parks, and shopping, this property is move-in ready and packed with potential.

Details

Property type

Single Family Residence

Est. home value

$207,810

Lot size

4,356 sq ft

Price per sq ft

$184

Year built

1875

Annual property taxes

$2,467

Price History

10/03/2024
Realcomp

Realcomp #71024052244

Listed
$235,900
+105.13%
03/27/2019
Realcomp

Realcomp #65019008796

Sold
$115,000

Schools & Community

Neighborhood: 

Baxter

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Grand Rapids

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Pnc Bank Na

Loan start date

November 2021

Original loan amount

$108,750

Est. remaining balance

Not provided

Interest rate

2.55%

Loan type

Credit Line (Revolving)

Seller

Roystonea Rentals Llc

Lender

Cen-Tex Certified Dev Corp

Loan start date

October 2019

Original loan amount

$99,750

Est. remaining balance

Not provided

Interest rate

3.32%

Loan type

Commercial

Seller

Roystonea Rentals Llc

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: 11/22/2024 at 4:25 AM

Listing updated: 11/13/2024 at 1:45 PM

Listed by: Mallorie Kragt, Coldwell Banker Woodland Schmidt Phone #: (616) 396-5221

MLS: Realcomp #71024052244

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