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$112,100

Beds
4
Baths
3.0
sq ft
2,166

512 Douglas Ave, Kalamazoo, MI 49007

512 Douglas Ave

Kalamazoo, MI 49007

  • 36 days on market
    • Price drop $5,900↓
Investors, Don't miss out on this one! This traditional 2 story home has potential to be renovated back to its beauty as a single family home or possibly turn it back into a multi unit. Main floor consists of the kitchen, 2 bedrooms, formal dining room, full bath, living room, sun room, and an enclosed back porch area. Upstairs there's another living room, 2 bedrooms, 2 full baths, sun room, and an enclosed balcony. The large backyard has room for all your outdoor entertainment needs. Being sold as is.

Details

Property type

Single Family Residence

Est. home value

$251,173

Lot size

0.28 acres

Price per sq ft

$52

Year built

1885

Annual property taxes

$2,833

Price History

06/24/2024
Realcomp

Realcomp #66024026808

Price change
$112,100
-5%
05/29/2024
Realcomp

Realcomp #66024026808

Listed
$118,000
05/14/2024
Realcomp

Realcomp #66023142082

Removed
$118,000

Schools & Community

Neighborhood: 

Stuart

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Kalamazoo

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

$46,156
Asking price
$112,100
Closing costs (~8% of asking)
-$8,968
Est. remaining loan balance
-$56,976
Cash to seller
$46,156

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

December 2014

Original loan amount

$71,123

Est. remaining balance

$56,976

Interest rate

4.02%

Loan type

New Conventional, 30 year

Seller

Sean C Gehl and Tara L Cressman

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: 07/05/2024 at 12:20 AM

Listing updated: 06/24/2024 at 11:03 PM

Listed by: Kristi McFellin, CENTURY 21 Affiliated Phone #: (269) 888-1900

MLS: Realcomp #66024026808

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