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$190,000

Beds
3
Baths
1.0
sq ft
1,011

851 9th St NW, Grand Rapids, MI 49504

851 9th St NW

Grand Rapids, MI 49504

  • 29 days on market
    • Price drop $10,000↓
Great West Side opportunity! Build equity with this affordable property and ask about the financing and downpayment incentives available for this property. Just 9 minutes to downtown Grand Rapids, this West Grand Neighborhood continues to gain reinvestment and improvements. There are not many 3 bedroom places you can still find at this price point with off-street parking and are move-in ready! It even includes a storage shed! So call your agent and make this your new home or investment property!

Details

Property type

Single Family Residence

Est. home value

$194,943

Lot size

2,614 sq ft

Price per sq ft

$188

Year built

1900

Annual property taxes

$2,826

Price History

11/14/2024
Realcomp

Realcomp #65024055904

Price change
$190,000
-5%
10/23/2024
Realcomp

Realcomp #65024055904

Listed
$200,000
+36.52%
03/25/2021
Realcomp

Realcomp #65021004668

Sold
$146,500

Schools & Community

Neighborhood: 

West Grand

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

$44,216
Asking price
$190,000
Closing costs (~8% of asking)
-$15,200
Est. remaining loan balance
-$130,584
Cash to seller
$44,216

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

March 2021

Original loan amount

$142,105

Est. remaining balance

$130,584

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Austin Smith

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 4:45 AM

Listing updated: 11/15/2024 at 12:25 PM

Listed by: Eldon R Palmer, 616 Realty LLC Phone #: (616) 272-3707

MLS: Realcomp #65024055904

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