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$125,000

Beds
3
Baths
1.0
sq ft
1,073

1311 Alamo Ave, Kalamazoo, MI 49006

1311 Alamo Ave

Kalamazoo, MI 49006

  • 120 days on market
    • Price drop $15,000↓
Welcome to 1311 Alamo. This 3 bedroom 1 bathroom home would be a perfect addition to an investors portfolio or would make a great starter home for a new owner. It sits on a double lot and has the added perk of a traditional style barn for added storage. With easy access to shopping and restaurants in downtown Kalamazoo, this home deserves a closer look. Call Rob for your private tour

Details

Property type

Single Family Residence

Est. home value

$115,268

Lot size

0.41 acres

Price per sq ft

$117

Year built

1900

Annual property taxes

$3,184.71

Price History

12/18/2024
Realcomp

Realcomp #66024044339

Price change
$125,000
-10.71%
08/23/2024
Realcomp

Realcomp #66024044339

Listed
$140,000
+21.74%
10/20/2023
Realcomp

Realcomp #66023032093

Sold
$115,000

Schools & Community

Neighborhood: 

West Douglas

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$23,992
Asking price
$125,000
Closing costs (~8% of asking)
-$10,000
Est. remaining loan balance
-$91,008
Cash to seller
$23,992

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

Seller’s Loan History

Lender

Gvc Mortgage Inc

Loan start date

October 2023

Original loan amount

$92,000

Est. remaining balance

$91,008

Interest rate

7.12%

Loan type

New Conventional, 30 year

Seller

Ashraful Khokan

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: 12/22/2024 at 10:30 AM

Listing updated: 12/18/2024 at 12:50 PM

Listed by: Robert A Zegar, Michigan Top Producers Phone #: (269) 222-2550

MLS: Realcomp #66024044339

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