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$145,000

Beds
2
Baths
1.0
sq ft
1,000

1104 Palmer Ave, Owosso, MI 48867

1104 Palmer Ave

Owosso, MI 48867

  • Pending
Two bedroom home in move-in condition features a large 2.5 car garage, fenced yard, nice deck, and central air! Appliances included. Main level bedroom and bath. Upper level landing roomy enough for an office or other choice. Enclosed porch. Oh so cute!!!! Won't last long!

Details

Property type

Single Family Residence

Est. home value

$126,115

Lot size

8,712 sq ft

Price per sq ft

$145

Year built

1910

Annual property taxes

$2,218

Price History

10/31/2024
MiRealSource

MiRealSource #50159467

Pending
$145,000
10/27/2024
MiRealSource

MiRealSource #50159467

Listed
$145,000
+11.54%
08/28/2023
Realcomp

Realcomp #60050116701

Sold
$130,000
+53.12%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Owosso Public Schools

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

$40,634
Asking price
$145,000
Closing costs (~8% of asking)
-$11,600
Est. remaining loan balance
-$92,766
Cash to seller
$40,634

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

Seller’s Loan History

Lender

Mortgage 1 Inc

Loan start date

August 2023

Original loan amount

$97,500

Est. remaining balance

$92,766

Interest rate

6.3%

Loan type

New Conventional, 15 year

Seller

James S Howe and Shelley Renae Howe

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: Pending/Under Contract

Tomo last checked: 11/05/2024 at 6:15 PM

Listing updated: 10/31/2024 at 3:01 PM

Listed by: Morgan Beilfuss, The Home Office Realty LLC Phone #: (989) 725-5246

MLS: MiRealSource #50159467

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