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$154,900

Beds
3
Baths
1.5
sq ft
1,856

108 Michigan Ave, Dowagiac, MI 49047

108 Michigan Ave

Dowagiac, MI 49047

  • 47 days on market
    • Price drop $5,000↓
This downtown Dowagiac home combines charm with the allure of history. Step into a residence where thoughtful design meets open layout, creating a spacious haven with ceilings that soar above, inviting abundant natural light into every corner. With three bedrooms, this home provides versatility for a growing family or those in need of dedicated office space. Also available is a 2 car garage and a great front porch to enjoy in the summer months.

Details

Property type

Single Family Residence

Est. home value

$166,910

Lot size

4,356 sq ft

Price per sq ft

$84

Year built

1940

Annual property taxes

$2,220.33

Price History

09/04/2024
Realcomp

Realcomp #69024040243

Price change
$154,900
-3.13%
08/03/2024
Realcomp

Realcomp #69024040243

Listed
$159,900
07/31/2024
Realcomp

Realcomp #69024008685

Removed
$159,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Dowagiac Union

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

$57,346
Asking price
$154,900
Closing costs (~8% of asking)
-$12,392
Est. remaining loan balance
-$85,162
Cash to seller
$57,346

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

Seller’s Loan History

Lender

Honor Cu

Loan start date

October 2020

Original loan amount

$110,200

Est. remaining balance

$85,162

Interest rate

2.42%

Loan type

New Conventional, 15 year

Seller

Tomas Eduardo Gaspar Gudino

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 3:15 PM

Listing updated: 09/04/2024 at 12:51 PM

Listed by: Courtney Ertman, Century 21 Affiliated Phone #: (269) 588-5055

MLS: Realcomp #69024040243

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