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$84,900

Beds
3
Baths
1.5
sq ft
1,410

502 N Prospect St, Sturgis, MI 49091

502 N Prospect St

Sturgis, MI 49091

  • 13 days on market
REO AS-IS Purchase.Welcome to 502 N. Prospect St: 3 bedrooms, 1 1/2 bathrooms, detached 2 stall garage

Details

Property type

Single Family Residence

Est. home value

$137,032

Lot size

6,098 sq ft

Price per sq ft

$61

Year built

1950

Annual property taxes

$2,020

Price History

11/08/2024
Realcomp

Realcomp #65024058658

Listed
$84,900
-11.56%
03/24/2020
Realcomp

Realcomp #68019048559

Sold
$96,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Sturgis

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

-$9,702
Asking price
$84,900
Closing costs (~8% of asking)
-$6,792
Est. remaining loan balance
-$87,810
Cash to seller
-$9,702

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

Seller’s Loan History

Lender

Ruoff Mortgage Company Inc

Loan start date

March 2020

Original loan amount

$96,969

Est. remaining balance

$87,810

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Joseph N Haynes Jr

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: 11/22/2024 at 2:45 PM

Listing updated: 11/13/2024 at 3:50 PM

Listed by: William T Shrewsberry, Vylla Homes Phone #: (810) 771-8540

MLS: Realcomp #65024058658

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