tomo logo

$169,900

Beds
3
Baths
1.0
sq ft
1,414

1120 W Oregon St, Lapeer, MI 48446

1120 W Oregon St

Lapeer, MI 48446

  • 2 days on market
Opportunity is knocking with this home in a great location just walking distance to downtown along with a fenced yard and shed for storage you will see there is work to do but many possibilities with an additional one bedroom apartment upstairs that has its own entrance that can give additional income while you live on the main level that includes a seasonal room with a gas stove that will keep it cozy and warm during these winter months along with easy access with the driveway off of Jefferson Street.

Details

Property type

Single Family Residence

Est. home value

$188,109

Lot size

0.23 acres

Price per sq ft

$121

Year built

1900

Annual property taxes

$2,466

Price History

01/30/2025
Realcomp

Realcomp #20250006741

Listed
$169,900
+41.58%
11/15/2017
Realcomp

Realcomp #217066544

Sold
$120,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lapeer

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

$52,755
Asking price
$169,900
Closing costs (~8% of asking)
-$13,592
Est. remaining loan balance
-$103,553
Cash to seller
$52,755

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 Research Center

Loan start date

November 2017

Original loan amount

$122,580

Est. remaining balance

$103,553

Interest rate

3.83%

Loan type

FHA, 29 year

Seller

Allen D Wood

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?

Status: Active

Tomo last checked: 02/02/2025 at 2:00 AM

Listing updated: 01/31/2025 at 10:19 AM

Listed by: Lisa Hendricks, Real Estate One Phone #: (248) 625-0200

MLS: Realcomp #20250006741

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