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$149,000

Beds
3
Baths
1.0
sq ft
1,009

29049 M 62 W, Dowagiac, MI 49047

29049 M 62 W

Dowagiac, MI 49047

  • 78 days on market
    • Price drop $10,000↓
Do not let this beautiful property pass you by, this home sits on 1.8 acres of land which includes 350 feet of Dowagiac Creek frontage that extends to both sides of the creek. The home is in need of a little TLC but features 2-3 bedrooms, nice size kitchen, dining room, and large living room. Home features a large concrete patio to enjoy the tranquility of the running water from the creek.

Details

Property type

Single Family Residence

Est. home value

$148,532

Lot size

1.81 acres

Price per sq ft

$148

Year built

1924

Annual property taxes

$1,249

Price History

09/16/2024
Realcomp

Realcomp #69024033975

Price change
$149,000
-6.29%
07/03/2024
Realcomp

Realcomp #69024033975

Listed
$159,000
+6%
04/08/2024
Realcomp

Realcomp #69023139322

Removed
$150,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Dowagiac Union

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

$80,279
Asking price
$149,000
Closing costs (~8% of asking)
-$11,920
Est. remaining loan balance
-$56,801
Cash to seller
$80,279

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

Seller’s Loan History

Lender

Americas Wholesale Lender

Loan start date

June 2005

Original loan amount

$101,150

Est. remaining balance

$56,801

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

Dennis R Foote and Vicki L Foote

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: 09/19/2024 at 7:05 PM

Listing updated: 09/16/2024 at 2:21 PM

Listed by: Dennis Foote, Carmac Realty Phone #: (269) 782-2400

MLS: Realcomp #69024033975

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