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$124,900

Beds
3
Baths
1.0
sq ft
3,600

121 E Congress St, Belding, MI 48809

121 E Congress St

Belding, MI 48809

  • 62 days on market
    • Price drop $25,000↓
Completely remodeled 3 bedroom 1 bath within walking distance of downtown! New flooring runs through the remodeled living space including 3 bedrooms, 1 full bathroom, kitchen, living room, and laundry/storage room. The remodeled area is isolated from the remainder of the building leaving the entire full basement and front half of the building open for your imagination. A new roof was installed in 2023. The opportunities are endless with the additional square footage in this unique property! Listing agent is a member of the selling entity.

Details

Property type

Single Family Residence

Est. home value

$102,831

Lot size

8,712 sq ft

Price per sq ft

$35

Year built

1900

Annual property taxes

$2,408.24

Price History

11/04/2024
Realcomp

Realcomp #71024046196

Listed
$124,900
10/24/2024
Realcomp

Realcomp #71024046196

Pending
$124,900
10/09/2024
Realcomp

Realcomp #71024046196

Price change
$124,900
-16.68%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Belding

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

$78,449
Asking price
$124,900
Closing costs (~8% of asking)
-$9,992
Est. remaining loan balance
-$36,459
Cash to seller
$78,449

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

Seller’s Loan History

Lender

Centennial Mortgage & Funding Inc

Loan start date

August 2004

Original loan amount

$68,305

Est. remaining balance

$36,459

Interest rate

6.01%

Loan type

Not Provided, 30 year

Seller

Dale Davis and Wendy S Davis

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: 11/05/2024 at 6:25 AM

Listing updated: 11/04/2024 at 2:15 PM

Listed by: Aaron Rittenhouse, Coldwell Banker Woodland Schmidt Phone #: (616) 396-5221

MLS: Realcomp #71024046196

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