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$120,252Estimated home value

Beds
3
Baths
2.0
sq ft
1,190

1636 W Main St, Owosso, MI 48867

1636 W Main St

Owosso, MI 48867

  • Sold On 9/4/2024
    • Price drop $10,000↓
All the character, charm, and potential! This large corner lot hosts a wrap around driveway, detached 1.5 car garage and plenty of mature shade trees! Cove ceilings, wood fireplace, and formal dining! Possible 4th bedroom/office! Second story master bedroom w/ private walk-out balcony! Cash ONLY unless buyer willing to make necessary repairs for financing!

Details

Property type

Single Family Residence

Est. home value

$120,252

Lot size

0.32 acres

Price per sq ft

$76

Year built

1920

Annual property taxes

$1,506

Price History

08/30/2024
Realcomp

Realcomp #5050147080

Sold
$93,000
+3.33%
07/15/2024
Realcomp

Realcomp #5050147080

Pending
$90,000
07/11/2024
Realcomp

Realcomp #5050147080

Price change
$90,000
-10%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Owosso

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

$53,757
Asking price
$90,000
Closing costs (~8% of asking)
-$7,200
Est. remaining loan balance
-$29,043
Cash to seller
$53,757

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

Seller’s Loan History

Lender

Phh Mortgage Services Corp

Loan start date

December 2002

Original loan amount

$62,000

Est. remaining balance

$29,043

Interest rate

6.15%

Loan type

Not Provided, 30 year

Seller

Michael Terry Rendel

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: Off Market

Tomo last checked: 10/05/2024 at 10:00 PM

Listing updated: 09/05/2024 at 12:25 AM

Listed by: Jacob Newman, The Home Office Realty LLC Phone #: (989) 725-5246

MLS: Realcomp #5050147080

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