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$349,900

Beds
2
Baths
2.5
sq ft
1,636

1224 40th St SW, Wyoming, MI 49509

1224 40th St SW

Wyoming, MI 49509

  • Coming soon
Exceptional Opportunity! This stunning ranch-style home offers over an acre of land within the the Wyoming School District. With more than 2,600 finished square feet, the spacious open-concept design features 2 bedrooms and 2.5 baths. The expansive lower level includes a rec room and game room, along with a convenient laundry area and ample storage space. Step outside to discover a fully fenced backyard that boasts a large entertaining area, complete with a unique outdoor fireplace--perfect for gatherings. Don't miss your chance to own this remarkable property!

Details

Property type

Single Family Residence

Est. home value

$315,756

Lot size

1.19 acres

Price per sq ft

$214

Year built

1940

Annual property taxes

$4,517

Price History

12/06/2019
Realcomp

Realcomp #65019054348

Sold
$199,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Wyoming

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

$146,974
Asking price
$349,900
Closing costs (~8% of asking)
-$27,992
Est. remaining loan balance
-$174,934
Cash to seller
$146,974

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

December 2019

Original loan amount

$193,228

Est. remaining balance

$174,934

Interest rate

3.69%

Loan type

FHA, 30 year

Seller

Reuben R James and Kelly James

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: Coming Soon

Tomo last checked: 10/01/2024 at 3:30 PM

Listing updated: 10/01/2024 at 11:41 AM

Listed by: Jason Cripe, Coldwell Banker AJS (Rock) Phone #: (616) 866-4434

MLS: Realcomp #65024051558

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