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$175,000

Beds
3
Baths
1.0
sq ft
875

1505 Sheridan Ave, Niles, MI 49120

1505 Sheridan Ave

Niles, MI 49120

  • 15 days on market
NEW LISTING! 3BR home w/full basement. Come take a look, make an offer and be Home for the Holidays! NEW metal roof, NEW 200 amp electric panel, NEW water heater, NEW garage door & opener, updated bath & newer flooring throughout. You'll enjoy the sunny living room & the open eat-in kitchen. PLUS the full basement is ready for you to finish it the rest of the way for a family room/rec room/man-cave/work-out space//home theater/bar & pool table - whatever you want it to be! Looking for a home with a garage? This property has a large 2 car w/paved drive. Nice-sized backyard. Short distance to schools, Sycamore Park & the fall-fave Apple Festival. Buying this home is easy - Cash, CV, FHA, VA, MSHDA are all accepted. IF you're viewing this on Zillow scroll to the list agent.

Details

Property type

Single Family Residence

Est. home value

$156,409

Lot size

7,405 sq ft

Price per sq ft

$200

Year built

1942

Annual property taxes

$1,423

Price History

09/04/2024
Realcomp

Realcomp #69024046393

Listed
$175,000
+25%
06/17/2022
Realcomp

Realcomp #69022016789

Sold
$140,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Niles

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

$25,714
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$135,286
Cash to seller
$25,714

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

Seller’s Loan History

Lender

Consumers Cu

Loan start date

June 2022

Original loan amount

$140,000

Est. remaining balance

$135,286

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Shawn Kaverman

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: 09/19/2024 at 7:20 PM

Listing updated: 09/07/2024 at 2:11 PM

Listed by: Michael Anders, MI Realty, A Michigan RE Co. Phone #: (269) 340-5200

MLS: Realcomp #69024046393

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