tomo logo

$350,000

Beds
3
Baths
2.5
sq ft
1,941

1400 E Rishel Rd, Sturgis, MI 49091

1400 E Rishel Rd

Sturgis, MI 49091

  • 113 days on market
    • Price drop $15,000↓
Welcome to your dream ranch-style home! This beautifully designed spacious 3-bedroom, 2.5-bathroom residence offers a modern kitchen with sleek granite countertops, a stylish backsplash, and stainless-steel appliances, including a convenient bar fridge. Enjoy the warmth and elegance of wood and tile flooring throughout, complemented by recessed lighting for a bright, inviting atmosphere. The functional layout features a primary bedroom with a walk-in closet and an upstairs laundry closet for added convenience. The 15x19 all-season room opens to a 14x20 deck area and stamped concrete patio, perfect for outdoor entertaining in your fenced-in backyard. The large unfinished basement with egress windows offers over 1500 sq ft for potential additional living space.! This home is a must see!Call today to schedule your showing.

Details

Property type

Single Family Residence

Est. home value

$285,682

Lot size

0.43 acres

Price per sq ft

$181

Year built

1978

Annual property taxes

$3,955.11

Price History

11/08/2024
Realcomp

Realcomp #68024045948

Price change
$350,000
-4.11%
09/01/2024
Realcomp

Realcomp #68024045948

Listed
$365,000
+328.87%
12/21/2016
Realcomp

Realcomp #68016039284

Sold
$85,107

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Sturgis

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

$213,729
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$108,271
Cash to seller
$213,729

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

Seller’s Loan History

Lender

Taylor Bean & Whitaker Mortgage Corp

Loan start date

October 2007

Original loan amount

$163,922

Est. remaining balance

$108,271

Interest rate

6.46%

Loan type

FHA, 30 year

Seller

Thomas Jerome Margraf and Jennifer Fair Margraf

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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1163 S Merribe St, Sturgis, MI 49091

Status: Active

Tomo last checked: 12/23/2024 at 11:45 AM

Listing updated: 11/08/2024 at 11:20 PM

Listed by: Christina Gonzalez H Christina Gonzalez H, Michigan Top Producers/Vicksburg Phone #: (269) 222-2550

MLS: Realcomp #68024045948

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