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$210,000

Beds
3
Baths
2.0
sq ft
1,014

5502 Sherwood Dr, Jackson, MI 49201

5502 Sherwood Dr

Spring Arbor Twp, MI 49201

  • 3 days on market
Multiple offers received. Sellers are asking for highest and best offers by 8 p.m. on Tuesday 1/7. Welcome home to this turn-key ranch located in a peaceful and inviting neighborhood within the sought-after Western School District. From the moment you arrive, you'll appreciate the curb appeal, highlighted by a charming front porch and a brand-new garage door. Inside, you'll find an extremely well-maintained home with thoughtful updates throughout. The tastefully renovated kitchen is a true showstopper. The cozy breakfast nook is the perfect spot to sip your morning coffee. The finished basement offers even more living space, complete with an additional full bathroom, perfect for guests, a home office, or a recreation area. Exterior features include vinyl siding, fenced-in yard area, andan underground sprinkler system. This home truly checks all the boxes and is ready for you to move right in. Schedule your private showing today and make this incredible home your own!

Details

Property type

Single Family Residence

Est. home value

$195,172

Lot size

0.24 acres

Price per sq ft

$208

Year built

1961

Annual property taxes

$2,083

Price History

01/04/2025
Realcomp

Realcomp #55025000396

Listed
$210,000
+90.05%
08/20/2015
Realcomp

Realcomp #55021088410

Sold
$110,500
+100.91%
04/07/2015
Realcomp

Realcomp #55021061719

Sold
$55,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Western

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

$105,666
Asking price
$210,000
Closing costs (~8% of asking)
-$16,800
Est. remaining loan balance
-$87,534
Cash to seller
$105,666

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

Seller’s Loan History

Lender

Mortgage 1 Inc

Loan start date

August 2015

Original loan amount

$108,498

Est. remaining balance

$87,534

Interest rate

4.08%

Loan type

FHA, 30 year

Seller

Colleen M Healey

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?

Status: Active

Tomo last checked: 01/07/2025 at 2:05 PM

Listing updated: 01/06/2025 at 3:15 PM

Listed by: Logan Burns, C-21 Affiliated - Jackson Phone #: (517) 888-0050

MLS: Realcomp #55025000396

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