tomo logo

$280,000

Beds
5
Baths
4.0
sq ft
2,330

916 W Grand River Ave, East Lansing, MI 48823

916 W Grand River Ave

East Lansing, MI 48823

  • 132 days on market
    • Price drop $20,000↓
Welcome to 916 W Grand River Avenue in East Lansing! This beautiful home features 4 bedrooms and 4 full bathrooms, stunning hardwood floors, rounded archways, and crown molding. Recent updates include newer roofs, garage doors, and windows. The home boasts two fireplaces, and the basement family room features an egress window, making it a flexible space. The backyard is fully fenced, with lush greenery providing privacy. Conveniently located near shopping, dining, and MSU's campus. Contact us to schedule a private showing today!

Details

Property type

Single Family Residence

Est. home value

$341,778

Lot size

6,098 sq ft

Price per sq ft

$121

Year built

1928

Annual property taxes

$4,505

Price History

08/16/2024
Realcomp

Realcomp #81024035964

Sold
$280,000
-6.67%
08/16/2024
Realcomp

Realcomp #81024035964

Pending
$300,000
07/13/2024
Realcomp

Realcomp #81024035964

Listed
$300,000
-11.76%

Schools & Community

Neighborhood: 

Glencairn

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

East Lansing

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

-$9,980
Asking price
$280,000
Closing costs (~8% of asking)
-$22,400
Est. remaining loan balance
-$267,580
Cash to seller
-$9,980

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

December 2022

Original loan amount

$273,125

Est. remaining balance

$267,580

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

Ivan Iovtchev

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: 11/23/2024 at 4:00 AM

Listing updated: 10/31/2024 at 6:25 PM

Listed by: Shawn Smith, Phone #: (888) 304-1447

MLS: Realcomp #81024035964

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