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$179,000

Beds
3
Baths
1.0
sq ft
1,300

1703 Meridian St, Reese, MI 48757

1703 Meridian St

Reese Vlg, MI 48757

  • 17 days on market
Green like the Grinch, but jolly as Santa, home in on this 1,300 sq ft bungalow on your house search! Less than 1 mile from M-81, Reese schools, park, and charming downtown, the yard is small enough for easy maintenance, but adjoins woods to feel semi-secluded with a pea stone firepit and playscape area that everyone can enjoy! The rear door has a multi-use area currently being used as a "drop zone" for easy organization for coats and shoes to not track throughout the house, or use as a breakfast nook for more dining area. The large kitchen with solid oak cabinets and pantry leads into the dining room and living room with original hardwood floors and sunny space with the vinyl windows. First-floor bedroom is currently being used as a walk-in closet, across the updated bath with functional sliding barn door to maximize the space, updated granite vanity, water resistant LVP flooring, and newer shower insert. Upstairs, the hardwood floors continue with two additional bedrooms and attic storage. The walk-up basement is dry with a B-dry system and could serve as extra "hangout" space or storage. Mostly updated plumbing, newer electrical panel, recently serviced boiler, and newer water heater! The garage has electrical and overhang for workshop or parking space. While the focus is on the North Pole this time of year, don't miss this present on Meridian!

Details

Property type

Single Family Residence

Est. home value

$145,344

Lot size

0.34 acres

Price per sq ft

$138

Year built

1950

Annual property taxes

$1,831

Price History

12/05/2024
Realcomp

Realcomp #20240090431

Listed
$179,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Reese

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

$60,948
Asking price
$179,000
Closing costs (~8% of asking)
-$14,320
Est. remaining loan balance
-$103,732
Cash to seller
$60,948

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

December 2020

Original loan amount

$114,000

Est. remaining balance

$103,732

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Jacob Lichnovsky

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: 12/22/2024 at 3:35 PM

Listing updated: 12/14/2024 at 2:15 PM

Listed by: Rachel M Opperman Clark, Knockout Real Estate Phone #: (989) 652-6300

MLS: Realcomp #20240090431

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Recently listed in Reese Vlg

$179,000|3 bd|1.0 ba|House
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