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$146,000

Beds
3
Baths
1.0
sq ft
1,278

424 N 7th St, Niles, MI 49120

424 N 7th St

Niles, MI 49120

  • 36 days on market
    • Price drop $9,000↓
Spacious 3-bedroom, 1-bath home on a corner city lot, move-in ready. Features a privacy-fenced backyard, side yard with a swing set, pergola for shade, and a large storage shed. The upper level offers two large bedrooms and a lofted area ideal for a den or office. The main floor includes a bedroom, kitchen with appliances, living room, bath, and an enclosed front porch full of character. The basement provides ample storage and comes with a washer and dryer. A home warranty covers all mechanicals, and a Ring doorbell is included.Seller is motivated to include a Buyer Credit Allowance towards cosmetic updates and/or home improvements! Motivated Seller, never moved in due to job transfer!!

Details

Property type

Single Family Residence

Est. home value

$119,316

Lot size

8,276 sq ft

Price per sq ft

$115

Year built

1900

Annual property taxes

$1,061

Price History

09/08/2024
Realcomp

Realcomp #69024042212

Price change
$146,000
-5.81%
08/13/2024
Realcomp

Realcomp #69024042212

Listed
$155,000
+19.23%
06/18/2024
Realcomp

Realcomp #69024024965

Sold
$130,000
+4%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Niles

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

$73,067
Asking price
$146,000
Closing costs (~8% of asking)
-$11,680
Est. remaining loan balance
-$61,253
Cash to seller
$73,067

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

Seller’s Loan History

Lender

Teachers Cu

Loan start date

November 2020

Original loan amount

$66,930

Est. remaining balance

$61,253

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Hannan D Moore

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: 09/19/2024 at 3:40 PM

Listing updated: 09/08/2024 at 1:36 PM

Listed by: Tammy Stelling, @properties Phone #: (269) 469-0700

MLS: Realcomp #69024042212

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