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$154,900

Beds
2
Baths
1.0
sq ft
712

128 Florence St, Otsego, MI 49078

128 Florence St

Otsego, MI 49078

  • 3 days on market
Why rent when you can own. This 2-bedroom 1 bath in Otsego sits on a quiet dead-end street. Some updating completed and is waiting for its new owner to add the personal touches. There is a basement for additional storage or could be finished. Large rear yard has plenty of shade.

Details

Property type

Single Family Residence

Est. home value

$95,280

Lot size

8,712 sq ft

Price per sq ft

$218

Year built

1920

Annual property taxes

$852.31

Price History

03/12/2025
Realcomp

Realcomp #66025009084

Listed
$154,900
+138.31%
12/22/2016
Realcomp

Realcomp #66016056041

Sold
$65,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Otsego

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

$87,183
Asking price
$154,900
Closing costs (~8% of asking)
-$12,392
Est. remaining loan balance
-$55,325
Cash to seller
$87,183

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

Seller’s Loan History

Lender

Amerifirst Financial Corp

Loan start date

December 2016

Original loan amount

$67,247

Est. remaining balance

$55,325

Interest rate

3.54%

Loan type

New Conventional, 30 year

Seller

Kendall Day

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: 03/15/2025 at 12:05 PM

Listing updated: 03/14/2025 at 3:14 PM

Listed by: Nancy K Whitney, Greenridge Cornell & Associates Phone #: (269) 685-5866

MLS: Realcomp #66025009084

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