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$99,900

Beds
2
Baths
1.0
sq ft
826

309 E Hanover St, Marshall, MI 49068

309 E Hanover St

Marshall, MI 49068

  • 143 days on market
GREAT OPPORTUNITY for someone to earn some sweat equity in an area of more expensive homes! This two bedroom home has a newer roof, water heater, and furnace. While no showings are available now, the seller would consider an investor offer that is willing to take over the eviction process. Please see agent remarks for more details.

Details

Property type

Single Family Residence

Est. home value

$110,779

Lot size

3,920 sq ft

Price per sq ft

$121

Year built

1915

Annual property taxes

$1,374.67

Price History

08/02/2024
Realcomp

Realcomp #64024040048

Listed
$99,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Marshall/Albion

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

-$3,942,793
Asking price
$99,900
Closing costs (~8% of asking)
-$7,992
Est. remaining loan balance
-$4,034,701
Cash to seller
-$3,942,793

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

Seller’s Loan History

Lender

Cibm Bank

Loan start date

December 2021

Original loan amount

$4,305,439

Est. remaining balance

$4,034,701

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Andrew J Offrink

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 1:40 PM

Listing updated: 08/02/2024 at 12:34 PM

Listed by: Kaciana Champlin, RE/MAX Perrett Associates Phone #: (269) 968-6101

MLS: Realcomp #64024040048

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