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$195,000

Beds
4
Baths
1.5
sq ft
992

3116 Tecumseh Ave, Lansing, MI 48906

3116 Tecumseh Ave

Lansing, MI 48906

  • 18 days on market
    • Price drop $4,900↓
**OPEN HOUSE! Monday 1-20 from 530-7pm!!** Located just 10 minutes from the capitol in the heart of Lansing, this four bedroom home could be perfect for you! This charming property features beautiful hardwood flooring, brand-new carpet in the bedrooms, and a fully renovated bathroom. The fenced-in yard provides plenty of room for outdoor activities and privacy. Detached garage, perfect for extra storage or a workshop space.

Details

Property type

Single Family Residence

Est. home value

$194,231

Lot size

6,098 sq ft

Price per sq ft

$197

Year built

1950

Annual property taxes

$3,631

Price History

01/21/2025
Realcomp

Realcomp #5050163935

Price change
$195,000
-2.45%
01/04/2025
Realcomp

Realcomp #5050163935

Listed
$199,900
+24.94%
04/06/2021
Realcomp

Realcomp #630000252599

Sold
$160,000

Schools & Community

Neighborhood: 

Shady Oak

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lansing

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

$37,240
Asking price
$195,000
Closing costs (~8% of asking)
-$15,600
Est. remaining loan balance
-$142,160
Cash to seller
$37,240

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

Seller’s Loan History

Lender

Union Home Mortgage Corp

Loan start date

April 2021

Original loan amount

$155,200

Est. remaining balance

$142,160

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Eric S Mark

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: 01/23/2025 at 9:40 AM

Listing updated: 01/21/2025 at 2:48 PM

Listed by: Jacob Newman, The Home Office Realty LLC Phone #: (989) 725-5246

MLS: Realcomp #5050163935

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