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$199,900

Beds
4
Baths
1.5
sq ft
2,736

125 Gilbert St, Jackson, MI 49201

125 Gilbert St

Jackson, MI 49201

  • 71 days on market
    • Price drop $10,000↓
Welcome to this charming city home across from the hills at Loomis Park! The center of attention is the front sunroom & all the natural light it brings. This updated 4 bedroom/1.5 bath home features French doors that open to a spacious living room & family room with a fireplace & built-in bookcases. Main floor also features coffered ceilings, a breakfast bar & updated kitchen, appliances are included, a half bath & the laundry room. The second floor has four bedrooms, some with custom shelves & an updated full bath. There is a large walk-up attic that could be finished even more space. The lower level has a rec room & a dry bar, utility space & storage space. The backyard is fenced, there is a newer concrete driveway & a very large patio, great for entertaining. Tour it today!

Details

Property type

Single Family Residence

Est. home value

$160,718

Lot size

6,970 sq ft

Price per sq ft

$74

Year built

1930

Annual property taxes

$3,040.05

Price History

09/23/2024
Realcomp

Realcomp #55024044656

Price change
$199,900
-4.76%
08/25/2024
Realcomp

Realcomp #55024044656

Listed
$209,900
+44.76%
11/09/2021
Realcomp

Realcomp #55021106416

Sold
$145,000
+93.33%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Jackson

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

$75,317
Asking price
$199,900
Closing costs (~8% of asking)
-$15,992
Est. remaining loan balance
-$108,591
Cash to seller
$75,317

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

Seller’s Loan History

Lender

Mortgage 1 Inc

Loan start date

November 2021

Original loan amount

$116,000

Est. remaining balance

$108,591

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Joseph C Potter and Cassandra L Frazier

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 5:40 AM

Listing updated: 09/29/2024 at 3:21 PM

Listed by: Jackie Park, HOWARD HANNA REAL ESTATE SERVI Phone #: (517) 787-9800

MLS: Realcomp #55024044656

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