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$220,000

Beds
4
Baths
1.5
sq ft
1,290

121 Prospect St, Sparta, MI 49345

121 Prospect St

Sparta Vlg, MI 49345

  • 18 days on market
This charming 4-bedroom, 2-bathroom home in the heart of the Village of Sparta is ready to win you over. Just a short stroll from downtown, you'll love the convenience of nearby shops, restaurants, and community events. Inside, the home offers a cozy den with a walkout, perfect for game nights, a home office, or a peaceful retreat. The fully fenced backyard is ideal for hosting BBQs, letting kids or pets play safely, or simply relaxing outdoors. The spacious entryway provides ample storage for coats, boots, and gear, keeping everything organized and within reach. This home also features a dedicated laundry space. With its warm character, thoughtful layout, and unbeatable location, this home is truly a must-see.

Details

Property type

Single Family Residence

Est. home value

$222,645

Lot size

4,792 sq ft

Price per sq ft

$171

Year built

1900

Annual property taxes

$4,000

Price History

12/03/2024
Realcomp

Realcomp #65024061682

Listed
$220,000
+55.04%
07/21/2020
Realcomp

Realcomp #65020019984

Sold
$141,900
+136.5%
11/28/2016
Realcomp

Realcomp #65016034955

Sold
$60,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Sparta

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

$72,617
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$129,783
Cash to seller
$72,617

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

Seller’s Loan History

Lender

Towne Mortgage Co

Loan start date

July 2020

Original loan amount

$143,333

Est. remaining balance

$129,783

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Philip J Martin Iii

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: 12/22/2024 at 10:05 AM

Listing updated: 12/06/2024 at 7:15 PM

Listed by: Paige Sochor, Epique Realty Phone #: (248) 218-2604

MLS: Realcomp #65024061682

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