tomo logo

$224,900

Beds
4
Baths
1.0
sq ft
1,404

1255 Rathbone St SW, Wyoming, MI 49509

1255 Rathbone St SW

WyomingCity_Kent, MI 49509

  • 1 day on market
You won't believe all the closet space and storage in this 4 bedroom beauty! Brand new fridge, updated bath 2024, new microwave 2025, updated kitchen, Smart thermostat, hardwood floors and woodwork (main level), dishwasher, stove, washer dryer stay. But so does the pool table and orange furniture for the deco game room. Large workshop in basement or use for crafts or storage. Several storage racks stay also. Bright laundry area too. Garage, small garden space, partially fenced, and plenty of off street parking in drive. Relax on the large covered front porch or grill in the back yard. Immediate possession. All offers due April 7th @12:00 pm. No showings till 10:00 am April 3rd. Buyers to verify all information they deem important. Waterproofing system is transferable from previous owner.

Details

Property type

Single Family Residence

Est. home value

$229,614

Lot size

4,792 sq ft

Price per sq ft

$161

Year built

1925

Annual property taxes

$2,543

Price History

04/02/2025
Realcomp

Realcomp #65025013105

Listed
$224,900
+144.99%
11/30/2015
Realcomp

Realcomp #65015055005

Sold
$91,800

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

GodfreyLee

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

$134,781
Asking price
$224,900
Closing costs (~8% of asking)
-$17,992
Est. remaining loan balance
-$72,127
Cash to seller
$134,781

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 2015

Original loan amount

$90,137

Est. remaining balance

$72,127

Interest rate

3.82%

Loan type

FHA, 30 year

Seller

Lance Sharp

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: Active

Tomo last checked: 04/04/2025 at 12:30 PM

Listing updated: 04/03/2025 at 4:02 PM

Listed by: Charlene Hammontree, 616 Realty LLC Phone #: (616) 272-3707

MLS: Realcomp #65025013105

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