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$190,000

Beds
2
Baths
1.5
sq ft
1,100

560 Cherry Ln, Decatur, MI 49045

560 Cherry Ln

Decatur Vlg, MI 49045

  • 23 days on market
Lovely, well-maintained 2 bed 1 bath ranch home with a 2 car garage. Home has an additional half bath and extra rooms in it's full size basement. Located on a corner lot in the Village of Decatur. Located just 7 miles from I-94.

Details

Property type

Single Family Residence

Est. home value

$178,623

Lot size

0.33 acres

Price per sq ft

$173

Year built

1965

Annual property taxes

$1,310.17

Price History

12/30/2024
Realcomp

Realcomp #69024064095

Listed
$190,000
+65.36%
08/01/2017
Realcomp

Realcomp #69017024413

Sold
$114,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Decatur

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

$79,004
Asking price
$190,000
Closing costs (~8% of asking)
-$15,200
Est. remaining loan balance
-$95,796
Cash to seller
$79,004

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

Seller’s Loan History

Lender

Union Home Mortgage Corp

Loan start date

August 2017

Original loan amount

$112,818

Est. remaining balance

$95,796

Interest rate

3.91%

Loan type

FHA, 30 year

Seller

Kenneth Woodward

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: 01/22/2025 at 8:20 PM

Listing updated: 12/30/2024 at 3:20 PM

Listed by: Rachel Voorhees, Gale Realty, LLC Phone #: (269) 657-8140

MLS: Realcomp #69024064095

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