tomo logo

$254,900

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

  • 12 days on market
Downtown Kalamazoo condo now for sale - come see why everyone is talking about The Lofts at City Center! Exquisite urban industrial living space with an open concept and primed for entertaining. You'll love the modern kitchen with stainless steel appliances, granite countertops, and a functional island with built-in wine storage and beverage cooler! Gorgeous hardwood floors throughout plus classic tiling in both baths. This 2 bedroom suite even includes its own laundry closet, designated storage unit, and reserved parking spot in the ramp across the skywalk! Make your home the hub of active living right in the heart of historic Kalamazoo Mall lined with shops and all in walking distance to hot destinations like Arcadia Festival Place, Bronson Park, KP Cinemas, and so much more!Secured key fob entry and private elevator access for the residential floors provides great peace of mind. Amenities include a rooftop deck, fitness center, recycling, high speed internet, vibrant common areas and more! Schedule your private tour today and don't let this opportunity of a lifetime slip away!

Details

Property type

Condominium

Est. home value

$301,197

Lot size

Unknown

Price per sq ft

$213

Year built

1930

Annual property taxes

$5,974

Monthly HOA fee

$448

Price History

11/12/2024
Realcomp

Realcomp #66024058924

Listed
$254,900
-3.78%
11/01/2024
Realcomp

Realcomp #66024018014

Removed
$264,900
09/04/2024
Realcomp

Realcomp #66024018014

Price change
$264,900
-3.67%

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

$75,834
Asking price
$254,900
Closing costs (~8% of asking)
-$20,392
Est. remaining loan balance
-$158,674
Cash to seller
$75,834

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

$158,674

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: 11/25/2024 at 12:55 AM

Listing updated: 11/12/2024 at 9:30 AM

Listed by: Matt Mulder, Keller Williams Kalamazoo Market Center Phone #: (269) 324-3600

MLS: Realcomp #66024058924

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