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$258,900

Beds
2
Baths
1.0
sq ft
1,140

247 21st St, Otsego, MI 49078

247 21st St

Otsego Twp, MI 49078

  • 25 days on market
    • Price drop $6,100↓
    • Open house Sep 22
OPEN 9-22, 12 TO 2 Updated ranch home on 1.34 acres. It is in the country but not far from the conveniences of dining & shopping. It features a spacious living room, 2 bedrooms & 1 full bathroom, a sunroom, a 2 car att. garage & 2 pole barns. 1 pole barn is 24x24 & the other is 24x40, both have electric & concrete floors. Recent updates include a new roof, updated bathroom, kitchen appliances, fresh paint throughout including the kitchen cabinets, the pole barn exteriors & basement, new kitchen counter tops, refinished hardwood floors in the living room & bedrooms & new lighting throughout as well. The basement has a rec room with a bar & plenty of storage. The 2 car garage ceiling has been reinforced & both doors have openers. The driveway to the house & to the barns are paved.

Details

Property type

Single Family Residence

Est. home value

$208,537

Lot size

1.34 acres

Price per sq ft

$228

Year built

1947

Annual property taxes

$3,781.21

Price History

09/07/2024
Realcomp

Realcomp #66024044273

Price change
$258,900
-2.3%
08/23/2024
Realcomp

Realcomp #66024044273

Listed
$265,000
+80.27%
03/25/2024
Realcomp

Realcomp #66024014534

Sold
$147,000
+0.68%

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

$109,162
Asking price
$258,900
Closing costs (~8% of asking)
-$20,712
Est. remaining loan balance
-$129,026
Cash to seller
$109,162

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

Seller’s Loan History

Lender

Amerifirst Financial Corp

Loan start date

October 2019

Original loan amount

$143,355

Est. remaining balance

$129,026

Interest rate

3.58%

Loan type

FHA, 30 year

Seller

Travis K Schroeder

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: 09/18/2024 at 1:50 AM

Listing updated: 09/14/2024 at 4:21 PM

Listed by: Becky J Sheppard, Jaqua, REALTORS Phone #: (269) 685-6858

MLS: Realcomp #66024044273

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