tomo logo

$224,900

Beds
4
Baths
1.5
sq ft
1,734

843 Oakdale St SE, Grand Rapids, MI 49507

843 Oakdale St SE

Grand Rapids, MI 49507

  • 3 days on market
Welcome to 843 Oakdale St SE, a beautiful and well-maintained investment property nestled near the vibrant Eastown neighborhood. This charming home features four spacious bedrooms and one and a half bathrooms, making it an ideal choice for families or individuals seeking ample living space. Its prime location offers the convenience of being within walking distance to the bustling Wealthy Street, renowned for its array of dining and shopping options. Over the past few years, this property has proven to be a valuable investment for my clients, consistently attracting tenants looking for both comfort and convenience. Don't miss your chance to own a piece of this thriving community!

Details

Property type

Single Family Residence

Est. home value

$241,933

Lot size

6,534 sq ft

Price per sq ft

$130

Year built

1921

Annual property taxes

$3,354.54

Price History

07/01/2024
Realcomp

Realcomp #65024033499

Listed
$224,900
+217.66%
04/29/2014
Realcomp

Realcomp #65014009330

Sold
$70,800

Schools & Community

Neighborhood: 

Oakdale

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

$87,403
Asking price
$224,900
Closing costs (~8% of asking)
-$17,992
Est. remaining loan balance
-$119,505
Cash to seller
$87,403

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

Seller’s Loan History

Lender

Neighborhood Loans

Loan start date

December 2019

Original loan amount

$131,100

Est. remaining balance

$119,505

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Luke Michaels

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?

Similar Homes Nearby

Realcomp
$229,900
4 bd
|
1.5 ba
|
1,565 sq ft
|
House

725 Olympia St SW, Grand Rapids, MI 49503

New
Realcomp
$219,000
4 bd
|
1 ba
|
1,451 sq ft
|
House

1246 Kalamazoo Ave SE, Grand Rapids, MI 49507

Realcomp
$215,000
4 bd
|
1 ba
|
1,392 sq ft
|
House

754 Olympia St SW, Grand Rapids, MI 49503

Status: Active

Tomo last checked: 07/05/2024 at 12:20 AM

Listing updated: 07/01/2024 at 11:23 AM

Listed by: DeShawn D Gholston, Shawn G Realty Group Phone #: (616) 528-4476

MLS: Realcomp #65024033499

Realcomp logo

Recently listed in Grand Rapids