tomo logo

$139,850

Beds
2
Baths
1.0
sq ft
980

1252 Rathbone St SW, Wyoming, MI 49509

1252 Rathbone St SW

Wyoming, MI 49509

  • Pending
    • Price drop $7,000↓
Opportunity awaits in the City of Wyoming! This efficient bungalow is ready for a new owner. This 2-bedroom 1 bath home has a spacious front yard, a brand-new furnace (2024), newer siding (2023) and roof, flooring and fixtures. Convenient main floor laundry and two porches. All appliances are included. Affordable living close to many goods and services, with good access to schools and highways.

Details

Property type

Single Family Residence

Est. home value

$148,514

Lot size

4,792 sq ft

Price per sq ft

$143

Year built

1935

Annual property taxes

$3,082.4

Price History

11/15/2024
Realcomp

Realcomp #65024050126

Pending
$139,850
11/11/2024
Realcomp

Realcomp #65024050126

Price change
$139,850
-4.77%
10/18/2024
Realcomp

Realcomp #65024050126

Price change
$146,850
-1.34%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Godfrey Lee

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

$30,458
Asking price
$139,850
Closing costs (~8% of asking)
-$11,188
Est. remaining loan balance
-$98,204
Cash to seller
$30,458

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

Seller’s Loan History

Lender

Van Dyk Mortgage Corp

Loan start date

May 2023

Original loan amount

$99,875

Est. remaining balance

$98,204

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Drake G Smith and Tiffany A Fluker

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?

Similar Homes Nearby

Realcomp
$129,900
2 bd
|
1 ba
|
768 sq ft
|
House

1903 Wyoming Ave SW, Wyoming, MI 49519

Price drop
Realcomp
$160,000
3 bd
|
1.5 ba
|
1,491 sq ft
|
House

953 Eastern Ave SE, Grand Rapids, MI 49507

Realcomp
$149,900
3 bd
|
1 ba
|
1,656 sq ft
|
House

1111 Ionia Ave SW, Grand Rapids, MI 49507

Status: Pending/Under Contract

Tomo last checked: 11/15/2024 at 6:30 PM

Listing updated: 11/15/2024 at 12:55 PM

Listed by: Steven A Elder, Coldwell Banker AJS (Rock) Phone #: (616) 866-4434

MLS: Realcomp #65024050126

Realcomp logo

Recently listed in Wyoming