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$302,500

Beds
3
Baths
2.0
sq ft
1,170

947 Baraga St NE, Grand Rapids, MI 49503

947 Baraga St NE

Grand Rapids, MI 49503

  • 30 days on market
    • Price drop $2,400↓
3% in Seller Concessions are being offered to the buyer. This charming home is tucked away, while also being close to everything Grand Rapids has to offer. The main floor invites you right into the open living and dining spaces, which seamlessly flow into the large, functional kitchen. Around the corner, you're greeted by the first of three sizable bedrooms, as well as one of the full baths. Upstairs you'll find the other two bedrooms, each with their own closets. There is another full bath down there for you as well. Relax in the backyard, or with a drink on your front porch. The heated two-stall garage is also a perfect place for year-round storage, or a detached gathering space.

Details

Property type

Single Family Residence

Est. home value

$282,263

Lot size

5,227 sq ft

Price per sq ft

$259

Year built

1926

Annual property taxes

$4,585.74

Price History

09/14/2024
Realcomp

Realcomp #65024043281

Price change
$302,500
-0.79%
08/19/2024
Realcomp

Realcomp #65024043281

Listed
$304,900
+1.63%
09/28/2023
Realcomp

Realcomp #65023031152

Sold
$300,000
+23.2%

Schools & Community

Neighborhood: 

Midtown

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

-$13,510
Asking price
$302,500
Closing costs (~8% of asking)
-$24,200
Est. remaining loan balance
-$291,810
Cash to seller
-$13,510

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

Seller’s Loan History

Lender

First Community Mortgage Inc

Loan start date

September 2023

Original loan amount

$294,566

Est. remaining balance

$291,810

Interest rate

6.96%

Loan type

FHA, 30 year

Seller

Adrieana Jefferson and Andrew Giovanni Osorio Torres

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: 09/19/2024 at 5:55 AM

Listing updated: 09/18/2024 at 11:01 AM

Listed by: Bailey Budnik, Keller Williams GR North Phone #: (616) 447-9100

MLS: Realcomp #65024043281

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