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$274,074Estimated home value

Beds
4
Baths
2.5
sq ft
1,902

1225 Franklin St, Kalamazoo, MI 49001

1225 Franklin St

Kalamazoo, MI 49001

  • Sold On 9/6/2024
Unassuming from the outside this light & bright home will make you want to stay & play! Tucked away on a little over an acre wait until you see the views from the back deck & your own sledding hill! This 4 bdrm, 2.5 bath home has many updates including the roof, furnace & AC, water heater, back deck and more! The main level flows well w/ an open living & dining area w/ fireplace - well appointed kitchen - addtl space that makes a fantastic office/ guest rm & 1/2 bath complete this level. Upper level has 4 comfortable bdrms and 2 full baths. The walkout level features a laundry area, built in shelving and lots of storage. What are you waiting for? Come and see your new home today!

Details

Property type

Single Family Residence

Est. home value

$274,074

Lot size

1.10 acres

Price per sq ft

$142

Year built

1941

Annual property taxes

$2,162.64

Price History

09/01/2024
Realcomp

Realcomp #66024034348

Sold
$265,000
-1.82%
07/20/2024
Realcomp

Realcomp #66024034348

Pending
$269,900
07/06/2024
Realcomp

Realcomp #66024034348

Listed
$269,900
+74.13%

Schools & Community

Neighborhood: 

Edison

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Kalamazoo

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

$121,790
Asking price
$269,900
Closing costs (~8% of asking)
-$21,592
Est. remaining loan balance
-$126,518
Cash to seller
$121,790

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

Seller’s Loan History

Lender

Lake Michigan Cu

Loan start date

September 2017

Original loan amount

$147,250

Est. remaining balance

$126,518

Interest rate

3.93%

Loan type

New Conventional, 30 year

Seller

James R Valeii and Kathi J Valeii

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: Off Market

Tomo last checked: 10/05/2024 at 7:30 PM

Listing updated: 09/07/2024 at 1:05 AM

Listed by: Jane M Pennings, Chuck Jaqua, REALTOR Phone #: (269) 381-7653

MLS: Realcomp #66024034348

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