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$200,000

Beds
3
Baths
2.0
sq ft
1,717

554 Sheridan Rd, Jackson, MI 49203

554 Sheridan Rd

Leoni Twp, MI 49203

  • 50 days on market
    • Price drop $10,000↓
Welcome home! Welcome to 554 Sheridan, a spacious 3 bedroom 2 bath ranch with nearly a half acre of property! This charming home offers a large open kitchen /dining room area, first floor laundry, and both a spacious living room and family room! All bedrooms are of a good size and the primary offers 3 closets for additional storage! Cute touches abound! From the 'coffee' bar in the kitchen to the vaulted ceilings in the back living room, there is plenty of space for you and or a family!

Details

Property type

Single Family Residence

Est. home value

$180,647

Lot size

0.46 acres

Price per sq ft

$117

Year built

1997

Annual property taxes

$2,080

Price History

03/05/2025
Realcomp

Realcomp #20250004996

Price change
$200,000
-4.76%
02/26/2025
Realcomp

Realcomp #20250004996

Listed
$210,000
02/19/2025
Realcomp

Realcomp #20250004996

Pending
$210,000

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

$48,187
Asking price
$200,000
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$135,813
Cash to seller
$48,187

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

$135,813

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: 03/14/2025 at 5:10 PM

Listing updated: 03/05/2025 at 2:55 PM

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

MLS: Realcomp #20250004996

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