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$183,045Estimated home value

Beds
2
Baths
1.0
sq ft
1,020

1888 Jefferson Rd, Otsego, MI 49078

1888 Jefferson Rd

Otsego Twp, MI 49078

  • Sold On 9/5/2024
Great opportunity for a completely updated 2+ bedroom on a large lot with a 2 stall garage for $189,900. Located just on the outskirts of Otsego close to Pine Creek and the Kalamazoo River, Home features an open floor plan with a large kitchen, living room and primary bedroom on the main floor, along with second bedroom up and a walk thru potentially 3rd bedroom as well. Call to set up your private tour.

Details

Property type

Single Family Residence

Est. home value

$183,045

Lot size

0.75 acres

Price per sq ft

$187

Year built

1940

Annual property taxes

$1,770

Price History

08/26/2024
Realcomp

Realcomp #65024034269

Sold
$172,500
-9.16%
07/28/2024
Realcomp

Realcomp #65024034269

Pending
$189,900
07/24/2024
Realcomp

Realcomp #65024034269

Listed
$189,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Otsego

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

$54,232
Asking price
$189,900
Closing costs (~8% of asking)
-$15,192
Est. remaining loan balance
-$120,476
Cash to seller
$54,232

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

Seller’s Loan History

Lender

Mortgage 1 Inc

Loan start date

April 2022

Original loan amount

$126,100

Est. remaining balance

$120,476

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Kyle L Visser and Rylee G Vanvolkinburg

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 8:15 PM

Listing updated: 09/05/2024 at 1:01 PM

Listed by: Brett A Sloan, JBS Realty Group Phone #: (616) 681-1600

MLS: Realcomp #65024034269

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