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$94,500

Beds
3
Baths
1.0
sq ft
992

1440 E Oakland Ave, Lansing, MI 48906

1440 E Oakland Ave

Lansing, MI 48906

  • 2 days on market
Discover this fantastic 3-bedroom, 1-bath house that's perfect for both homeowners and investors! Boasting updated finishes throughout, this charming home features a spacious large backyard ideal for entertaining or relaxation. Previously utilized as a rental, it consistently brings in $1,350 a month, making it an incredible cash-flowing opportunity. Don't miss your chance to own this gem!

Details

Property type

Single Family Residence

Est. home value

$92,004

Lot size

4,792 sq ft

Price per sq ft

$96

Year built

1907

Annual property taxes

$2,530

Price History

09/17/2024
Realcomp

Realcomp #65024049006

Listed
$94,500
+23.53%
01/30/2024
MiRealSource

MiRealSource #50125314

Sold
$76,500
-9.89%
01/08/2024
MiRealSource

MiRealSource #50125314

Pending
$84,900

Schools & Community

Neighborhood: 

Northtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lansing

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

$26,101
Asking price
$94,500
Closing costs (~8% of asking)
-$7,560
Est. remaining loan balance
-$60,839
Cash to seller
$26,101

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

Seller’s Loan History

Lender

The Dart Bank

Loan start date

January 2024

Original loan amount

$61,200

Est. remaining balance

$60,839

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

Katie Gardner and Ryan Gardner

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?

Status: Active

Tomo last checked: 09/19/2024 at 3:30 PM

Listing updated: 09/19/2024 at 2:51 PM

Listed by: Ricardo S Cottengim, Phone #: (616) 240-6590

MLS: Realcomp #65024049006

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