tomo logo

$160,000

Beds
4
Baths
1.5
sq ft
1,352

131 Babcock St, Owosso, MI 48867

131 Babcock St

Owosso, MI 48867

  • 38 days on market
    • Price drop $10,000↓
Great space in this 4 bedroom home in Owosso Township! Second floor laundry for additional ease. Updates in the last few years include a new roof on both the house and garage. New appliances, fresh paint throughout. Full basement. The garage also has plenty of space for storage or a workshop.

Details

Property type

Single Family Residence

Est. home value

$68,602

Lot size

0.30 acres

Price per sq ft

$119

Year built

1930

Annual property taxes

$2,163.01

Price History

12/07/2024
MiRealSource

MiRealSource #50161170

Price change
$160,000
-5.88%
11/15/2024
MiRealSource

MiRealSource #50161170

Listed
$170,000
+246.94%
11/21/2019
Realcomp

Realcomp #630000239106

Sold
$49,000
-16.81%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Owosso Public Schools

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

$99,659
Asking price
$160,000
Closing costs (~8% of asking)
-$12,800
Est. remaining loan balance
-$47,541
Cash to seller
$99,659

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

Seller’s Loan History

Lender

Mb Financial Bank Na

Loan start date

November 2014

Original loan amount

$60,102

Est. remaining balance

$47,541

Interest rate

4.2%

Loan type

New Conventional, 30 year

Seller

Jessica Riojas

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

Price drop
Realcomp
$154,900
4 bd
|
2 ba
|
1,260 sq ft
|
House

625 Division Rd, Owosso, MI 48867

Price drop
MiRealSource
$154,900
4 bd
|
2 ba
|
1,260 sq ft
|
House

625 Division St, Owosso, MI 48867

Status: Active

Tomo last checked: 12/23/2024 at 5:20 AM

Listing updated: 12/07/2024 at 11:10 AM

Listed by: LIZ DYSINGER, Homes -N- Land Real Estate Phone #: (989) 720-4663

MLS: MiRealSource #50161170

MiRealSource logo

Recently listed in Owosso

$239,600|3 bd|2.0 ba|House
$139,900|3 bd|1.0 ba|House
$223,400|3 bd|2.0 ba|House
$315,000|4 bd|2.5 ba|House
$269,900|4 bd|3.5 ba|House
$215,000|4 bd|2.0 ba|House
$119,900|3 bd|1.0 ba|House
$320,000|3 bd|3.0 ba|House
$520,000|3 bd|3.0 ba|House
$160,000|4 bd|1.5 ba|House