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$109,900

Beds
3
Baths
1.0
sq ft
1,132

315 E Spruce St, Marshall, MI 49068

315 E Spruce St

Marshall, MI 49068

  • 11 days on market
    • Price drop $20,000↓
3 bed 1 bath home on a spacious city lot in Marshall school district. Home is in good condition and with a few minor repairs will be exquisite. The roof, furnace, and water heater are all in fantastic condition and the kitchen appliances are newer and high quality. The backyard features one large 6x16 storage shed, a smaller shed, and an oversized 1 car garage (1.5 stall) which is unique in the city. This home also boasts a spacious living room, 2 large bedrooms upstairs with newer windows, main floor laundry, and newer plumbing lines throughout. Come see this beauty and make your cash offer today! Yes... CASH offers only!

Details

Property type

Single Family Residence

Est. home value

$138,333

Lot size

8,712 sq ft

Price per sq ft

$98

Year built

1832

Annual property taxes

$2,312

Price History

01/20/2025
Realcomp

Realcomp #71025001332

Price change
$109,900
-15.4%
01/11/2025
Realcomp

Realcomp #71025001332

Listed
$129,900
+116.86%
12/15/2017
Realcomp

Realcomp #64017045841

Sold
$59,900

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

$50,676
Asking price
$109,900
Closing costs (~8% of asking)
-$8,792
Est. remaining loan balance
-$50,432
Cash to seller
$50,676

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

Seller’s Loan History

Lender

Chemical Bank

Loan start date

December 2017

Original loan amount

$58,814

Est. remaining balance

$50,432

Interest rate

3.94%

Loan type

New Conventional, 30 year

Seller

Cory Ferman

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: 01/22/2025 at 1:05 PM

Listing updated: 01/20/2025 at 4:34 PM

Listed by: Reed Hrynewich, Five Star Real Estate Phone #: (231) 733-3080

MLS: Realcomp #71025001332

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