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$176,027Estimated home value

Beds
3
Baths
1.5
sq ft
1,296

407 W Roe St, Buchanan, MI 49107

407 W Roe St

Buchanan, MI 49107

  • Sold On 11/1/2024
    • Price drop $6,000↓
A warm and cozy 3 bedroom, 1 1/2 bath bungalow, just a block away from Buchanan High School, six blocks from a vibrant downtown. Five years ago: new roof on house and garage, new furnace and air conditioner, water heater, nest thermostat & smoke detector, refrigerator, oven, dishwasher. Bathrooms updated with new plumbing. Property has a fenced in backyard and two car detached garage. Buchanan is a City of Promise regarding education and has easy access to Amtrak in Niles. Reader's Digest ranked Buchanan as the ''nicest city'' in 2020.

Details

Property type

Single Family Residence

Est. home value

$176,027

Lot size

7,841 sq ft

Price per sq ft

$139

Year built

1940

Annual property taxes

$2,382

Price History

11/01/2024
Realcomp

Realcomp #69024036336

Sold
$165,000
-7.82%
10/28/2024
Realcomp

Realcomp #69024036336

Pending
$179,000
10/10/2024
Realcomp

Realcomp #69024036336

Price change
$179,000
-3.24%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Buchanan

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

$55,895
Asking price
$179,000
Closing costs (~8% of asking)
-$14,320
Est. remaining loan balance
-$108,785
Cash to seller
$55,895

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

Seller’s Loan History

Lender

Amerisave Mortgage Corp

Loan start date

November 2021

Original loan amount

$116,000

Est. remaining balance

$108,785

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Adam Swanson

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: Off Market

Tomo last checked: 11/09/2024 at 11:05 AM

Listing updated: 11/01/2024 at 4:24 PM

Listed by: Anne S Odden, @properties Phone #: (269) 469-0700

MLS: Realcomp #69024036336

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