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$129,900

Beds
3
Baths
1.0
sq ft
1,136

5116 Renee St, Lansing, MI 48911

5116 Renee St

Lansing, MI 48911

  • 52 days on market
Located in Lansing's Maple Grove Farms subdivision, this charming 3-bedroom, 1-bathroom cape cod bungalow is move-in ready! The living room boasts two large windows, inviting ample natural light. An expansive archway connects to the dining room and flows into the kitchen. The kitchen overlooks the deck and features newer black appliances (included) and plenty of storage space. The laundry room is generously sized with additional storage capacity. Completing the main level are two bedrooms and the full bathroom. Upstairs, the third bedroom spans the entire floor. Outside, there is an attached carport, shed, and fenced back yard with a fire pit and a spacious deck perfect for entertaining. Recent updates include paint (2023), furnace (2023), roof (2018), hot water tank (2018), and sewer line (2018). Don't miss out - schedule a showing today! BTVAI

Details

Property type

Single Family Residence

Est. home value

$139,151

Lot size

8,276 sq ft

Price per sq ft

$115

Year built

1947

Annual property taxes

$2,235

Price History

09/18/2024
Realcomp

Realcomp #20240070212

Listed
$129,900
+15.98%
04/22/2021
Realcomp

Realcomp #630000253407

Sold
$112,000

Schools & Community

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

$17,857
Asking price
$129,900
Closing costs (~8% of asking)
-$10,392
Est. remaining loan balance
-$101,651
Cash to seller
$17,857

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

Seller’s Loan History

Lender

Independent Bank

Loan start date

April 2021

Original loan amount

$109,971

Est. remaining balance

$101,651

Interest rate

3.02%

Loan type

FHA, 30 year

Seller

Jessy Boris James Ii

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: 11/09/2024 at 9:55 PM

Listing updated: 10/06/2024 at 1:01 PM

Listed by: Jeff Glover, KW Professionals Phone #: (734) 459-4700

MLS: Realcomp #20240070212

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