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$89,900

Beds
4
Baths
1.0
sq ft
1,232

140 Reed Ave, Kalamazoo, MI 49001

140 Reed Ave

Kalamazoo, MI 49001

  • Pending
    • Price drop $10,000↓
Close to downtown and all the amenities the city has to offer. 4 bedroom 1 bath home close to everything! 3 bedrooms up, 1 on the main. Kitchen, dining room and living room also on the main. Fenced in backyard, carport and covered front porch. A fresh coat of paint and flooring would go a long way with this one.

Details

Property type

Single Family Residence

Est. home value

$111,920

Lot size

4,356 sq ft

Price per sq ft

$73

Year built

1905

Annual property taxes

$2,409

Price History

07/04/2024
Realcomp

Realcomp #65024027119

Pending
$89,900
06/13/2024
Realcomp

Realcomp #65024027119

Price change
$89,900
-10.01%
05/30/2024
Realcomp

Realcomp #65024027119

Listed
$99,900
+72.24%

Schools & Community

Neighborhood: 

Edison

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

$44,104
Asking price
$89,900
Closing costs (~8% of asking)
-$7,192
Est. remaining loan balance
-$38,604
Cash to seller
$44,104

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

Seller’s Loan History

Lender

Credit Union One

Loan start date

May 2018

Original loan amount

$49,300

Est. remaining balance

$38,604

Interest rate

4.44%

Loan type

New Conventional, 20 year

Seller

Rahi Soltani and Lili Moshki

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: Pending/Under Contract

Tomo last checked: 07/04/2024 at 10:50 PM

Listing updated: 07/04/2024 at 12:43 PM

Listed by: Bernadette M Nomura, Turnkey Realty LLC Phone #: (616) 805-3269

MLS: Realcomp #65024027119

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