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$220,000

Beds
3
Baths
2.0
sq ft
1,717

554 Sheridan Rd, Jackson, MI 49203

554 Sheridan Rd

Leoni Twp, MI 49203

  • 25 days on market
    • Price drop $5,000↓
Look at this GREAT place! 3 bed 2 bath over 1700 square feet! Welcome home to this spacious ranch with large storage basement! Large deck on back for those morning coffees, or l after work relaxing nights! 2 full baths make this place great for you!

Details

Property type

Single Family Residence

Est. home value

$180,647

Lot size

0.47 acres

Price per sq ft

$129

Year built

2007

Annual property taxes

$2,080

Price History

12/11/2024
Realcomp

Realcomp #20240088776

Price change
$220,000
-2.22%
11/26/2024
Realcomp

Realcomp #20240088776

Listed
$225,000
+9.76%
01/12/2024
Realcomp

Realcomp #55023143185

Sold
$205,000
+157.86%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

East Jackson

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

$66,244
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$136,156
Cash to seller
$66,244

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

January 2024

Original loan amount

$137,362

Est. remaining balance

$136,156

Interest rate

7.29%

Loan type

FHA, 30 year

Seller

Erica Myers

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: 12/22/2024 at 1:20 PM

Listing updated: 12/11/2024 at 11:25 AM

Listed by: Matt Verbaan, Brookstone, Realtors LLC Phone #: (248) 963-0505

MLS: Realcomp #20240088776

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