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$249,900

Beds
5
Baths
6.0
sq ft
5,500

1507 Bond St, Niles, MI 49120

1507 Bond St

Niles Twp, MI 49120

  • 34 days on market
    • Price drop $50,000↓
*Multiple offers received. Highest and best offers due Monday, September 9 at 9am.* Here is your opportunity to own a little bit of history. The Beeson Mansion has been somewhat of a landmark in SW Michigan since the late 1800s. This 5500 square foot home boasts 5 bedrooms and 5 bathrooms, a library, a parlor, 3 fireplaces and many fascinating vintage attributes. You must see this home to appreciate the opportunity here. Due to the condition of the home, it will not pass FHA standards and it needs a lot of work. Serious inquiries only. Home has an in-ground pool with no fence. Please do not walk around this home without being accompanied by a Realtor.

Details

Property type

Single Family Residence

Est. home value

$450,262

Lot size

1.50 acres

Price per sq ft

$46

Year built

1851

Annual property taxes

$3,351

Price History

09/04/2024
Realcomp

Realcomp #69024043046

Price change
$249,900
-16.67%
08/16/2024
Realcomp

Realcomp #69024043046

Listed
$299,900
+139.92%
08/08/2014
Realcomp

Realcomp #69014029540

Sold
$125,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Brandywine

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

$191,555
Asking price
$249,900
Closing costs (~8% of asking)
-$19,992
Est. remaining loan balance
-$38,353
Cash to seller
$191,555

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

Seller’s Loan History

Lender

United Fcu

Loan start date

August 2014

Original loan amount

$100,000

Est. remaining balance

$38,353

Interest rate

3.3%

Loan type

New Conventional, 15 year

Seller

Raymond Callander

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 9:25 PM

Listing updated: 09/10/2024 at 4:42 PM

Listed by: Tim Burkey, eXp Realty Phone #: (888) 501-7085

MLS: Realcomp #69024043046

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