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$217,500

Beds
3
Baths
2.0
sq ft
1,500

1221 Pershing Dr, Lansing, MI 48910

1221 Pershing Dr

Lansing, MI 48910

  • 55 days on market
    • Price drop $2,500↓
introducing this 3 bedroom 2 bath home in Sycamore Park with a new roof, hot water heater, and furnace! Home has a single car detached garage and a fenced in backyard. Possibilities are endless!

Details

Property type

Single Family Residence

Est. home value

$205,841

Lot size

6,098 sq ft

Price per sq ft

$145

Year built

1942

Annual property taxes

$4,806.46

Price History

01/22/2025
MiRealSource

MiRealSource #50162150

Price change
$217,500
-1.14%
11/29/2024
MiRealSource

MiRealSource #50162150

Listed
$220,000
+18.92%
08/06/2021
Realcomp

Realcomp #630000256252

Sold
$185,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lansing Public School District

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

$185,246
Asking price
$217,500
Closing costs (~8% of asking)
-$17,400
Est. remaining loan balance
-$14,854
Cash to seller
$185,246

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

Seller’s Loan History

Lender

Department Of Housing & Urban Dev

Loan start date

December 2023

Original loan amount

$15,024

Est. remaining balance

$14,854

Interest rate

7.76%

Loan type

FHA, 28 year

Seller

Laqwanna M Sanders

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: 01/23/2025 at 9:30 AM

Listing updated: 01/22/2025 at 9:10 AM

Listed by: Drew Pursley, Gateway Brokerage Phone #: (810) 255-1200

MLS: MiRealSource #50162150

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