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$627,500

Beds
2
Baths
2.0
sq ft
2,823

520 E North St, Kalamazoo, MI 49007

520 E North St

Kalamazoo, MI 49007

  • 11 days on market
    • Price drop $22,500↓
Rare opportunity to live in this modern industrialized condo near downtown Kalamazoo, unmatched by any other condos in the area. This condo has been meticulously maintained with modern updates while maintaining the integrity of the building's original design. The gated entrance and two keypads offer privacy as you walk into this captivating home. Tall ceilings and an open floor plan welcome you with atmospheric lighting, large windows and two living areas. The layout and location make this home the entertainer's dream with plenty of room for guests. The upstairs loft hosts the primary suite featuring lovely views of the main floor through the repurposed glass paned windows. Around the corner is the bathroom with a dual vanity, walk-in closet with built-in storage, heated towel rack anda double shower with newly added fogged glass to separate the toilet. Laundry chute in bathroom cabinet. A capacious chef's kitchen designed with state-of-the-art appliances connects to the formal dining area for easy entertaining. Complete with double Wolf range with center skillet, newly added pot filler with drainage, new beverage cooler, and a massive center island with two sinks. A hefty door separates the pantry/laundry room from the kitchen and makes it easy to turn the second half of the condo into a guest suite. The laundry/pantry room offers additional storage, and access to the garage. Down the hall you'll find the second bath that can be used as a steam room with an additional heated towel rack. Guest bedroom/office with new custom window and door that leads to the private patio and shared greenspace. Garage door off patio offers great airflow in the summer. Other features include automated blinds, automated hurricane shutters, newly paved back patio, new R/O system, electric air filter, steam humidifier, whole home generator (provided by the HOA), attached 2 car garage with heating, on-demand water heater and a personalized home automation and security system.

Details

Property type

Condominium

Est. home value

$476,787

Lot size

0.75 acres

Price per sq ft

$223

Year built

1939

Annual property taxes

$7,606

Monthly HOA fee

$417

Price History

06/30/2024
Realcomp

Realcomp #66024031981

Price change
$627,500
-3.46%
06/21/2024
Realcomp

Realcomp #66024031981

Listed
$650,000
+4%
04/18/2024
Realcomp

Realcomp #66024004693

Removed
$625,000

Schools & Community

Neighborhood: 

Northside

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

$120,688
Asking price
$627,500
Closing costs (~8% of asking)
-$50,200
Est. remaining loan balance
-$456,612
Cash to seller
$120,688

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

Seller’s Loan History

Lender

Consumers Cu

Loan start date

July 2022

Original loan amount

$470,000

Est. remaining balance

$456,612

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Joshua Cook and Megan Cook

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: 07/02/2024 at 7:10 PM

Listing updated: 06/30/2024 at 12:43 PM

Listed by: Suzanne Scott, Chuck Jaqua, REALTOR Phone #: (269) 381-7653

MLS: Realcomp #66024031981

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