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$185,000

Beds
3
Baths
1.0
sq ft
1,582

118 S Railroad St, Allen, MI 49227

118 S Railroad St

Allen Twp, MI 49227

  • 89 days on market
    • Price drop $5,000↓
Motivated Seller! Enjoy your morning coffee relaxing on the front porch swing or on the back deck! This home offers 3 bedrooms & one bathroom. Main level has been freshly painted & new flooring. The large kitchen & living room will surely support the big family gatherings! A mud room compliments each entrance. Enjoy the attached 2 car garage, plus a large shed. Home sits on just under a half acre. Enjoy the beautiful large backyard & short walk to the park! The listing is furnished by the owner and deemed reliable to the best of his knowledge, but should be verified by the purchaser. This includes but not limited to, disclosures, square footage, lot size, and location of boundaries.

Details

Property type

Single Family Residence

Est. home value

$162,523

Lot size

0.42 acres

Price per sq ft

$117

Year built

1940

Annual property taxes

$1,630

Price History

10/15/2024
Realcomp

Realcomp #62024050352

Price change
$185,000
-2.63%
09/30/2024
Realcomp

Realcomp #62024050352

Price change
$190,000
-4.52%
09/24/2024
Realcomp

Realcomp #62024050352

Listed
$199,000
+49.62%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Quincy

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

$51,008
Asking price
$185,000
Closing costs (~8% of asking)
-$14,800
Est. remaining loan balance
-$119,192
Cash to seller
$51,008

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

Seller’s Loan History

Lender

Amerifirst Financial Corp

Loan start date

January 2021

Original loan amount

$130,591

Est. remaining balance

$119,192

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Shawn A Kaser

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 9:10 AM

Listing updated: 10/15/2024 at 12:50 PM

Listed by: Stacey White Elevate Team, Phone #: (269) 290-0298

MLS: Realcomp #62024050352

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