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$233,038Estimated home value

Beds
3
Baths
1.0
sq ft
1,329

1816 Lakeway Ave, Kalamazoo, MI 49001

1816 Lakeway Ave

Kalamazoo, MI 49001

  • Sold On 11/25/2024
OPEN HOUSE 9/15 1-3. You know how you walk into a home & it has that 'feeling?' You know: that charm, comfort, function, & ''I can't wait for my family & friends to see this'' feeling. This home has that feeling on steroids! The charm goes beyond the Milwood character you'd expect. It's more than the hardwood floors, arches, crown, & built-ins. The function is more than the replacement windows, the updated kitchen w/quartz counters & cabinets that go to the ceiling. More than the updated bath, & the AMAZING sunroom/mudroom between the kitchen & deck. It's more than the surprisingly large yard for kids, pets, entertaining, or whatever your needs are. You'll also get a mostly finished basement, covered patio off the garage & extra storage building, & a firepit. It's the whole package!This sale is contingent on Sellers closing on home known to Broker. Closing/Possession to be coordinated with new home.

Details

Property type

Single Family Residence

Est. home value

$233,038

Lot size

0.30 acres

Price per sq ft

$181

Year built

1941

Annual property taxes

$3,280

Price History

10/15/2024
Realcomp

Realcomp #66024047573

Sold
$240,000
09/28/2024
Realcomp

Realcomp #66024047573

Pending
$240,000
09/10/2024
Realcomp

Realcomp #66024047573

Listed
$240,000
+54.84%

Schools & Community

Neighborhood: 

Milwood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Kalamazoo

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

$80,056
Asking price
$240,000
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$140,744
Cash to seller
$80,056

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

Seller’s Loan History

Lender

Success Mortgage Partners Inc

Loan start date

January 2022

Original loan amount

$150,000

Est. remaining balance

$140,744

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Hayley Smith Bailey and Bretten Bailey

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: 01/15/2025 at 12:35 AM

Listing updated: 11/25/2024 at 7:23 PM

Listed by: Catherine R Gasper, Evenboer Walton, REALTORS Phone #: (269) 324-4852

MLS: Realcomp #66024047573

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