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$190,000

Beds
3
Baths
2.0
sq ft
1,608

102 E Second St, Morrice, MI 48857

102 E Second St

Morrice Vlg, MI 48857

  • 41 days on market
    • Price drop $10,000↓
This 3 bedroom 2 full bathroom farmhouse style home is located right in the heart of downtown Morrice. Minutes from I69, 25 minutes from Downtown Lansing and 20 minutes from Downtown Owosso. Corner lot with a wrap around porch to enjoy the outdoors. Close to schools, night life (Lansing and Owosso) and freeways. Large formal dining room for holiday gatherings. Main floor bedroom and bathroom with 2 bedrooms and a full bathroom upstairs. 2 car attached garage with a large air compressor that will be staying. This home is move in ready. New year, new home! Corner wood cabinet, vintage phone on the wall and trampoline all negotiable. Washing machine new 2023 along with the refrigerator.

Details

Property type

Single Family Residence

Est. home value

$182,726

Lot size

6,970 sq ft

Price per sq ft

$119

Year built

1900

Annual property taxes

$3,468

Price History

12/18/2024
Realcomp

Realcomp #20240085203

Price change
$190,000
-5%
11/11/2024
Realcomp

Realcomp #20240085203

Listed
$200,000
+25%
09/21/2021
MiRealSource

MiRealSource #50050184

Sold
$160,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Morrice

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

$29,126
Asking price
$190,000
Closing costs (~8% of asking)
-$15,200
Est. remaining loan balance
-$145,674
Cash to seller
$29,126

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

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

September 2021

Original loan amount

$157,102

Est. remaining balance

$145,674

Interest rate

2.77%

Loan type

FHA, 30 year

Seller

Michelle Major

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 2:10 PM

Listing updated: 12/18/2024 at 7:35 PM

Listed by: Stacey M Fountain, 3DX Real Estate-Brighton Phone #: (888) 304-1447

MLS: Realcomp #20240085203

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