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$185,000

Beds
3
Baths
1.0
sq ft
1,550

307 Broadway St, Colon, MI 49040

307 Broadway St

Colon Vlg, MI 49040

  • 9 days on market
Nice, 2 Story Home in Colon with a 1/2 Acre Lot, 2 Car Attached Garage and a Second Garage/Storage Building! Lots of room inside and out! Home has several updates: roof 2024, Furnace 2023, AC 2022, most of the Plumbing and Flooring have been updated, and Front Steps are new! Home features a main floor laundry room and bedroom, an office area in the front of the house, a large mudroom between the house and the garage, and a 3 seasons room off the back of the house!

Details

Property type

Single Family Residence

Est. home value

$155,455

Lot size

0.53 acres

Price per sq ft

$120

Year built

1950

Annual property taxes

$2,476.5

Price History

12/14/2024
Realcomp

Realcomp #68024062974

Listed
$185,000
+48%
05/06/2022
Realcomp

Realcomp #68022012973

Sold
$125,000
+45.35%
04/01/2022
Realcomp

Realcomp #68022009206

Sold
$86,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Colon

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

$54,496
Asking price
$185,000
Closing costs (~8% of asking)
-$14,800
Est. remaining loan balance
-$115,704
Cash to seller
$54,496

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

Seller’s Loan History

Lender

Ruoff Mortgage Company Inc

Loan start date

May 2022

Original loan amount

$121,250

Est. remaining balance

$115,704

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Brandon Hinkley

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 7:35 PM

Listing updated: 12/14/2024 at 12:25 PM

Listed by: Laura Alva, RE/MAX Elite Group Phone #: (269) 651-2776

MLS: Realcomp #68024062974

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