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$214,900

Beds
3
Baths
1.0
sq ft
1,056

840 Dorchester Ave SW, Grand Rapids, MI 49503

840 Dorchester Ave SW

Grand Rapids, MI 49503

  • 21 days on market
    • Price drop $5,100↓
Buyers and Realtors, Welcome to 840 Dorchester Ave. This tastefully updated three bedroom home features an open floor plan with beautifully refinished wood floors, remodeled kitchen with new stainless steel appliances, updated bathroom and freshly painted full basement ready for your finishing touches. The backyard is fully fenced in with a drive through privacy gate, new stone patio area and ample parking space. This complete home package includes all appliances and is conveniently close to parks, expressway access and exciting downtown GR city life.

Details

Property type

Single Family Residence

Est. home value

$145,040

Lot size

4,792 sq ft

Price per sq ft

$204

Year built

1926

Annual property taxes

$2,062.45

Price History

11/19/2024
Realcomp

Realcomp #65024057212

Price change
$214,900
-2.32%
11/12/2024
Realcomp

Realcomp #65024057212

Price change
$220,000
-1.79%
11/05/2024
Realcomp

Realcomp #65024057212

Price change
$224,000
-2.57%

Schools & Community

Neighborhood: 

Black Hills

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

$5,251
Asking price
$214,900
Closing costs (~8% of asking)
-$17,192
Est. remaining loan balance
-$192,457
Cash to seller
$5,251

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

January 2024

Original loan amount

$194,000

Est. remaining balance

$192,457

Interest rate

7.29%

Loan type

New Conventional, 30 year

Seller

Rafael Silvestre Campos

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 5:30 AM

Listing updated: 11/19/2024 at 4:41 PM

Listed by: Jennifer L Pierce-Pitcher, Five Star Real Estate (Grandv) Phone #: (616) 257-1500

MLS: Realcomp #65024057212

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