tomo logo

$119,900

Beds
3
Baths
1.0
sq ft
1,236

208 W State St, Montrose, MI 48457

208 W State St

Montrose, MI 48457

  • 20 days on market
Welcome into this cozy farmhouse with gleaming hardwood floors. Enclosed front porch to watch the world go by. Large common rooms, vinyl windows, recently repaired sewer line to road. Rebuilt bathroom floor, new vinyl in kitchen. Big side yard! No major repairs needed, priced to give you equity to start with! Home has Michigan basement, suitable for storm shelter if needed. Access through 3rd bedroom closet. Furnace is in the basement; water heater is in kitchen closet. Located right next to the State Bank. this property also has commercial possibilities. Purchase for less than rent, then convert it to an income producing property! Purchaser to do own financing requirements, if needed. Sellers concessions possible with acceptable offer.

Details

Property type

Single Family Residence

Est. home value

$129,661

Lot size

0.40 acres

Price per sq ft

$98

Year built

1930

Annual property taxes

$2,487.66

Price History

12/03/2024
MiRealSource

MiRealSource #50162626

Listed
$119,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Montrose Community Schools

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

The State Bank

Loan start date

December 2018

Original loan amount

$57,700

Est. remaining balance

Not provided

Interest rate

5.25%

Loan type

Adjustable Rate Mortgage, 16 year

Seller

Dennis L Rush and Judy Ann Rush

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 9:20 AM

Listing updated: 12/09/2024 at 12:50 PM

Listed by: Char Mozader, Merlot Residential Phone #: (810) 577-2676

MLS: MiRealSource #50162626

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