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$99,000

Beds
3
Baths
1.0
sq ft
1,504

1008 W Franklin St, Jackson, MI 49203

1008 W Franklin St

Jackson, MI 49203

  • 72 days on market
    • Price drop $20,900↓
The main level features a cozy living room, a spacious kitchen, and a family room for additional living space. The primary bedroom is conveniently located on the main floor, along with a full bathroom and stacked laundry for added ease. Upstairs, you'll find two additional bedrooms and a bonus landing area--perfect as a reading nook or small office.Outdoor features include a fenced backyard plus raised garden bed. Close to everything with easy access to parks, trails, shopping, and highways.

Details

Property type

Single Family Residence

Est. home value

$83,221

Lot size

6,534 sq ft

Price per sq ft

$66

Year built

1907

Annual property taxes

$2,603.2

Price History

12/05/2024
Realcomp

Realcomp #55024053822

Price change
$99,000
-17.43%
10/11/2024
Realcomp

Realcomp #55024053822

Listed
$119,900
+215.53%
09/25/2013
Realcomp

Realcomp #55021075786

Sold
$38,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Jackson

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

$32,914
Asking price
$99,000
Closing costs (~8% of asking)
-$7,920
Est. remaining loan balance
-$58,166
Cash to seller
$32,914

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

Seller’s Loan History

Lender

Success Mortgage Partners Inc

Loan start date

July 2019

Original loan amount

$64,865

Est. remaining balance

$58,166

Interest rate

4.07%

Loan type

FHA, 30 year

Seller

David Morgan Schlecte and Kathleen Schlecte

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: 12/23/2024 at 12:50 AM

Listing updated: 12/05/2024 at 1:40 PM

Listed by: LAURA Dwyer SCHLECTE, THINKING REAL ESTATE Phone #: (517) 780-3800

MLS: Realcomp #55024053822

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