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$210,000

Beds
4
Baths
2.0
sq ft
1,350

308 S Wilmott St, Otsego, MI 49078

308 S Wilmott St

Otsego, MI 49078

  • 18 days on market
    • Price drop $5,900↓
Welcome to 308 S Wilmott! Check out this adorable 4 bed, 2 bath property. Located in the heart of Otsego, this home features an award-winning school system and is also within walking distance to many restaurants and shops, plus a stone's throw away from the fantastic Brookside Park! The main floor has hardwood floors throughout the living room & main floor bedroom, stainless steel appliances in the kitchen, and a full bathroom. Three bedrooms upstairs come with lots of closet space plus another full bath. The large basement is nice and clean and ready for all of your storage needs! With the covered front porch and large back deck, this setup is ideal for enjoying those long summer nights! A newer roof & 1.5 stall garage round out this property perfectly. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$213,488

Lot size

5,663 sq ft

Price per sq ft

$156

Year built

1900

Annual property taxes

$2,886.3

Price History

09/16/2024
Realcomp

Realcomp #65024045667

Price change
$210,000
-2.73%
09/10/2024
Realcomp

Realcomp #65024045667

Price change
$215,900
-1.86%
08/30/2024
Realcomp

Realcomp #65024045667

Listed
$220,000
+39.24%

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

$40,875
Asking price
$210,000
Closing costs (~8% of asking)
-$16,800
Est. remaining loan balance
-$152,325
Cash to seller
$40,875

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

Seller’s Loan History

Lender

Summit Home Mortgage Llc

Loan start date

October 2022

Original loan amount

$156,000

Est. remaining balance

$152,325

Interest rate

5.89%

Loan type

New Conventional, 30 year

Seller

Todd E Machan

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 1:30 AM

Listing updated: 09/16/2024 at 2:51 PM

Listed by: Kayleigh S Vankeulen, Keller Williams GR East Phone #: (616) 575-1800

MLS: Realcomp #65024045667

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