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$300,000

Beds
3
Baths
2.0
sq ft
1,042

855 3 Mile Rd NE, Grand Rapids, MI 49505

855 3 Mile Rd NE

Grand Rapids, MI 49505

  • <1 day on market
Nestled in the desirable Cheshire/Riverside area of NE Grand Rapids, this 3-bedroom, 2-bathroom home is ideal for outdoor enthusiasts and city lovers alike. Located right on the bike trail, enjoy seamless access to downtown GR, Riverside Park, and hundreds of miles of paved trails. You'll appreciate the hardwood floors in the living room and bedrooms. The large kitchen has a spacious dining area with slider to the deck and backyard. The partially finished lower level offers recreation space and a full bath. Outside, the fenced backyard provides privacy, and the attached one-stall garage with an extra parking space in the driveway adds convenience. This home's location is unbeatable--just minutes from popular restaurants, parks, Plainfield retail options, and highway access.With no wait for occupancy, you'll receive the keys at closing and can start enjoying this ideal home immediately! Offer received. Seller requests highest and best by 7 pm on Wednesday 1/22.

Details

Property type

Single Family Residence

Est. home value

$265,363

Lot size

8,712 sq ft

Price per sq ft

$288

Year built

1950

Annual property taxes

$2,700

Price History

01/21/2025
Realcomp

Realcomp #65025002457

Listed
$300,000
+66.67%
02/28/2020
Realcomp

Realcomp #65020003044

Sold
$180,000

Schools & Community

Neighborhood: 

Creston

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

$118,375
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$157,625
Cash to seller
$118,375

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

Seller’s Loan History

Lender

Old National Bank

Loan start date

February 2020

Original loan amount

$174,600

Est. remaining balance

$157,625

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

Trent A Mckenzie and Courtney E Territo

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?

Status: Active

Tomo last checked: 01/21/2025 at 11:10 PM

Listing updated: 01/21/2025 at 9:24 PM

Listed by: Laura L Featherston, Greenridge Realty (Summit) Phone #: (616) 365-8900

MLS: Realcomp #65025002457

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