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$200,000

Beds
3
Baths
1.0
sq ft
1,192

2016 Royce Ave, Kalamazoo, MI 49001

2016 Royce Ave

Kalamazoo, MI 49001

  • 27 days on market
    • Price drop $15,000↓
Desirable Milwood home! This nicely maintained 3 bedroom ranch is located in the Kalamazoo Promise School District and is close to parks, the highway, restaurants, and so much more. Entering the home, you will find new paint throughout along with hardwood floors. The living room flows nicely into the dining room. The kitchen has new tile flooring and lots of counter and cabinet space. The nice sized bedrooms, with hardwood floors, are all located on the main floor. The remodeled bathroom is also located on this level. The basement is great for storage and contains the laundry area. The fenced backyard features a new composite deck, fresh landscaping, and a storage shed. There is also a detached 2 car garage. The sale includes all the appliances and a great move in ready home!home!

Details

Property type

Single Family Residence

Est. home value

$214,289

Lot size

0.25 acres

Price per sq ft

$168

Year built

1931

Annual property taxes

$2,576

Price History

11/15/2024
Realcomp

Realcomp #66024056333

Price change
$200,000
-6.98%
11/04/2024
Realcomp

Realcomp #66024056333

Price change
$215,000
-6.52%
10/25/2024
Realcomp

Realcomp #66024056333

Listed
$230,000
+78.99%

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

$70,400
Asking price
$200,000
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$113,600
Cash to seller
$70,400

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 Center Llc

Loan start date

September 2021

Original loan amount

$122,000

Est. remaining balance

$113,600

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Sawyer Duncan and Jeffrey Robert Duncan

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 3:30 AM

Listing updated: 11/15/2024 at 5:05 PM

Listed by: Greg S Miller, Berkshire Hathaway HomeServices MI Phone #: (269) 344-8599

MLS: Realcomp #66024056333

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