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$240,000

Beds
4
Baths
1.5
sq ft
1,404

1874 Lombard St, Benton Harbor, MI 49022

1874 Lombard St

St. Joseph Twp, MI 49022

  • 118 days on market
    • Price drop $10,000↓
Ranch style three bedroom, 1.5 bath home in the Fairplain area. The hardwood flooring welcomes you to the large family room off the main living area. Family room has a fireplace & glass sider to the rear. Backyard is fenced in, perfect for enjoying the outdoors. Backyard houses the detached two car garage. The full basement features a fourth bedroom (no egress window) and huge rec-room for whatever your heart desires.

Details

Property type

Single Family Residence

Est. home value

$199,850

Lot size

0.26 acres

Price per sq ft

$171

Year built

1956

Annual property taxes

$1,595

Price History

07/19/2024
Realcomp

Realcomp #69024034812

Price change
$240,000
-4%
07/09/2024
Realcomp

Realcomp #69024034812

Listed
$250,000
+34.84%
07/14/2022
Realcomp

Realcomp #69022018164

Sold
$185,400
+150.54%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Benton Harbor

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

$44,910
Asking price
$240,000
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$175,890
Cash to seller
$44,910

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

Seller’s Loan History

Lender

Amerifirst Financial Corp

Loan start date

July 2022

Original loan amount

$182,041

Est. remaining balance

$175,890

Interest rate

5.3%

Loan type

FHA, 30 year

Seller

Ebony Murphy

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: 11/05/2024 at 9:40 AM

Listing updated: 07/19/2024 at 12:23 PM

Listed by: Arika Chandler, Phone #: (248) 327-6161

MLS: Realcomp #69024034812

Realcomp logo

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