tomo logo

$250,000

Beds
6
Baths
2.0
sq ft
980

1413 Lafayette Ave, Kalamazoo, MI 49006

1413 Lafayette Ave

Kalamazoo, MI 49006

  • 31 days on market
    • Price drop $25,000↓
6 br 2 bath with great rental history to WMU students. Can also be purchased as a package with 1419 Lafayette. Pics are stock photos.

Details

Property type

Single Family Residence

Est. home value

$293,938

Lot size

7,841 sq ft

Price per sq ft

$256

Year built

1995

Annual property taxes

$7,604.34

Price History

06/24/2024
Realcomp

Realcomp #66024027704

Price change
$250,000
-9.09%
06/03/2024
Realcomp

Realcomp #66024027704

Listed
$275,000
-1.79%
12/18/2013
Realcomp

Realcomp #66013002052

Sold
$280,000

Schools & Community

Neighborhood: 

Knollwood

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

$116,953
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$113,047
Cash to seller
$116,953

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

Seller’s Loan History

Lender

Pacor Mortgage Corp

Loan start date

July 2017

Original loan amount

$131,250

Est. remaining balance

$113,047

Interest rate

3.94%

Loan type

New Conventional, 30 year

Seller

Kevin Stewart

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: 07/05/2024 at 12:00 AM

Listing updated: 06/24/2024 at 7:17 PM

Listed by: Greg P Watts, Evenboer Walton, REALTORS Phone #: (269) 324-4852

MLS: Realcomp #66024027704

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