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$125,000

Beds
2
Baths
1.0
sq ft
980

1981 Ray St, Muskegon, MI 49442

1981 Ray St

Muskegon, MI 49442

  • 139 days on market
    • Price drop $5,000↓
Great location! dead-end street and close to everything. 2 nice-sized bedrooms and a large living area with a fireplace, The large flex room is a great gathering space or could be converted back to an attached garage by the new owner. A full basement provides ample space for great storage.Buyer to verify all info.

Details

Property type

Single Family Residence

Est. home value

$118,799

Lot size

5,663 sq ft

Price per sq ft

$128

Year built

1800

Annual property taxes

$1,188

Price History

12/13/2024
Realcomp

Realcomp #71024040449

Price change
$125,000
-3.85%
10/23/2024
Realcomp

Realcomp #71024040449

Price change
$130,000
-7.08%
08/05/2024
Realcomp

Realcomp #71024040449

Listed
$139,900
+39.9%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Muskegon

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

$25,076
Asking price
$125,000
Closing costs (~8% of asking)
-$10,000
Est. remaining loan balance
-$89,924
Cash to seller
$25,076

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

Seller’s Loan History

Lender

Envoy Mortgage Ltd

Loan start date

September 2021

Original loan amount

$96,662

Est. remaining balance

$89,924

Interest rate

2.87%

Loan type

FHA, 30 year

Seller

Ofelia Cermeno

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: 12/23/2024 at 10:55 AM

Listing updated: 12/13/2024 at 1:45 PM

Listed by: Veronika Anderson, RE/MAX West Phone #: (231) 733-1236

MLS: Realcomp #71024040449

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