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$254,914

Beds
4
Baths
2.0
sq ft
2,043

1922 Oakland Dr, Kalamazoo, MI 49008

1922 Oakland Dr

Kalamazoo, MI 49008

  • 56 days on market
    • Price drop $15,000↓
Welcome to this charming 100+ year-old home, ideally located near Western Michigan University, offering quick access to schools, dining, shopping, and entertainment in vibrant downtown Kalamazoo. Situated on over half an acre, this property features a unique additional building that serves as both a small guest house and a 2-car garage, perfect for extra living space or rental potential. Recently updated with brand-new central air conditioning, this spacious 4-bedroom, 2-bath home has served as a successful rental property and is ready for its next chapter - whether that be your personal residence or an investment opportunity. Explore the endless possibilities this exceptional property offers!

Details

Property type

Single Family Residence

Est. home value

$245,432

Lot size

0.58 acres

Price per sq ft

$125

Year built

1917

Annual property taxes

$5,642.15

Price History

10/16/2024
Realcomp

Realcomp #66024050878

Price change
$254,914
-5.56%
09/26/2024
Realcomp

Realcomp #66024050878

Listed
$269,914

Schools & Community

Neighborhood: 

Oakland-Winchell

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

$205,174
Asking price
$254,914
Closing costs (~8% of asking)
-$20,393
Est. remaining loan balance
-$29,347
Cash to seller
$205,174

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

Seller’s Loan History

Lender

Northrop Grumman Fcu

Loan start date

March 2014

Original loan amount

$85,400

Est. remaining balance

$29,347

Interest rate

3.45%

Loan type

New Conventional, 15 year

Seller

Deane Terry

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: 11/22/2024 at 1:05 AM

Listing updated: 10/16/2024 at 12:06 PM

Listed by: Jason Veenstra, eXp Realty LLC Phone #: (269) 600-4397

MLS: Realcomp #66024050878

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