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$249,900

Beds
3
Baths
1.5
sq ft
1,676

940 Madison Ave SE, Grand Rapids, MI 49507

940 Madison Ave SE

Grand Rapids, MI 49507

  • 53 days on market
Beautiful 3 bedroom 1.5 bath at desirable SE location across from Madison Park Elementary school and Gerald R. Ford Academic Center. Home boasts natural woodwork and refinished hardwood floors with fresh coat of paint. The character and design of this 1910 era home is outstanding. They simply do not build homes like this anymore. The home was built over 100 years ago with triple french doors, a wonderful window seat, a beautiful staircase, a welcoming front porch and a 2 car garage. Newer roof shingles and windows, updated electrical and plumbing and newer furnace. Tenants are month to month and have agreed to move out prior to closing. Buyer to verify all information. **Tenants rights apply**

Details

Property type

Single Family Residence

Est. home value

$242,534

Lot size

6,098 sq ft

Price per sq ft

$150

Year built

1910

Annual property taxes

$3,602.97

Price History

10/29/2024
Realcomp

Realcomp #65024056787

Listed
$249,900
+111.78%
08/31/2017
Realcomp

Realcomp #66017035449

Sold
$118,000

Schools & Community

Neighborhood: 

South East Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Grand Rapids

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

The Huntington National Bank

Loan start date

October 2022

Original loan amount

$684,000

Est. remaining balance

Not provided

Interest rate

4.36%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Second Wind Properties Llc

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: 12/22/2024 at 9:00 AM

Listing updated: 11/04/2024 at 2:15 PM

Listed by: Evan M Case, American Real Estate Services Phone #: (616) 918-6430

MLS: Realcomp #65024056787

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