tomo logo

$275,000

Beds
2
Baths
2.0
sq ft
1,200

125 S Kalamazoo Mall Unit 511, Kalamazoo, MI 49007

125 S Kalamazoo Mall Unit 511

Kalamazoo, MI 49007

  • 77 days on market
    • Price drop $8,600↓
Spectacular Urban living at the Lofts in Unit 511 In the City Center. Convenient to main floor shopping at the fresh international deli and market. Open floor-styled living room with dining area. Completely upgraded kitchen, includes white cabinetry, granite counters, snack bar, newer hardwood floors, stainless steel appl. fresh paint throughout. 2 bedrooms, 2 baths, laundry closet. Amenities include a 10x10 storage unit in secured basement, workout facility, a common rooftop deck for entertaining your guests and viewing summer sunsets. Also, a common indoor room for private large gatherings. Monthly association fees include heating/cooling with a boiler/chiller system, water/sewer, trash, & recycle, cable & internet as well as a reserved parking spot in the adjoining ramp. accessedResidential floors are accessed via privately secured w/key fob. Pet friendly.

Details

Property type

Condominium

Est. home value

$301,197

Lot size

Unknown

Price per sq ft

$230

Year built

1930

Annual property taxes

$5,809.39

Monthly HOA fee

$448

Price History

06/27/2024
Realcomp

Realcomp #66024018014

Price change
$275,000
-3.03%
04/16/2024
Realcomp

Realcomp #66024018014

Listed
$283,600
+26.04%
04/13/2018
Realcomp

Realcomp #66018008783

Sold
$225,000

Schools & Community

Neighborhood: 

CBD

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse

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

$91,118
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$161,882
Cash to seller
$91,118

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

Seller’s Loan History

Lender

Consumers Cu

Loan start date

March 2020

Original loan amount

$192,000

Est. remaining balance

$161,882

Interest rate

3.6%

Loan type

New Conventional, 20 year

Seller

Wales M Christian Iii and Lauren N Torres

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: 07/02/2024 at 6:55 PM

Listing updated: 06/27/2024 at 12:12 PM

Listed by: Roxy Cantu, Jaqua, REALTORS Phone #: (269) 341-4300

MLS: Realcomp #66024018014

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