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$228,284Estimated home value

Beds
3
Baths
1.0
sq ft
1,220

171 N Elm St, Sparta, MI 49345

171 N Elm St

Sparta Vlg, MI 49345

  • Off market
    • Price drop $5,000↓
Welcome to Sparta! This charming 3-bedroom, 1-bathroom home is a delightful blend of comfort and convenience. Nestled in a friendly neighborhood, this residence offers a cozy living space perfect for families or first-time homebuyers. Step inside to find a bright, airy living room with large windows that invite natural light. The kitchen is well-appointed with ample counter space and modern appliances, ideal for culinary enthusiasts. Each bedroom is generously sized, providing a peaceful retreat. The single bathroom is tastefully designed and easily accessible.One of the standout features is the spacious deck, perfect for entertaining or enjoying quiet mornings with a cup of coffee. The backyard offers plenty of space for gardening or outdoor activities.

Details

Property type

Single Family Residence

Est. home value

$228,284

Lot size

6,534 sq ft

Price per sq ft

$218

Year built

1930

Annual property taxes

$3,505

Price History

08/30/2024
Realcomp

Realcomp #65024045657

Listed
$265,000
+0.04%
08/30/2024
Realcomp

Realcomp #65024038258

Removed
$264,900
08/05/2024
Realcomp

Realcomp #65024038258

Price change
$264,900
-1.85%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Sparta

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

$80,932
Asking price
$264,900
Closing costs (~8% of asking)
-$21,192
Est. remaining loan balance
-$162,776
Cash to seller
$80,932

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 Wholesale Mortgage

Loan start date

July 2022

Original loan amount

$168,000

Est. remaining balance

$162,776

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Malina Lynn Adler

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: 09/13/2024 at 8:15 AM

Listing updated: 08/29/2024 at 4:42 PM

Listed by: Michael D Childress, Childress & Associates Realty Phone #: (616) 459-7932

MLS: Realcomp #65024038258

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