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$150,000

Beds
3
Baths
1.0
sq ft
1,040

5820 N 20th St, Kalamazoo, MI 49004

5820 N 20th St

Cooper Twp, MI 49004

  • 15 days on market
No need to search any further. This home is a great investment! You will love this exceptional 3 Bedroom, 1 Bath home. This property is the quiet living you're looking for! Enjoy the country neighborhood setting with just under 1 acre. Invite your friends and family and enjoy entertaining in the backyard! Don't forget to check out the heated pole barn 20*50 for all your storage needs and be creative in your very own separate workshop. This beautiful home needs some cosmetic updates, but is a golden opportunity to build some sweat equity! The home is close to the school and town where you can find a variety of stores, shops, and restaurants just a few minutes away. Don't forget to check out the land bank parcel next door and add another acre to your lot! Mortgage is assumable at 3.5%

Details

Property type

Single Family Residence

Est. home value

$171,603

Lot size

0.91 acres

Price per sq ft

$145

Year built

1944

Annual property taxes

$1,046.51

Price History

11/13/2024
Realcomp

Realcomp #66024056911

Price change
$150,000
+7.14%
11/13/2024
Realcomp

Realcomp #66024056911

Listed
$140,000
11/01/2024
Realcomp

Realcomp #66024056911

Pending
$140,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Parchment

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

$63,760
Asking price
$150,000
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$74,240
Cash to seller
$63,760

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 Center Llc

Loan start date

December 2020

Original loan amount

$81,400

Est. remaining balance

$74,240

Interest rate

2.81%

Loan type

FHA, 30 year

Seller

Jill Cathleen Geren and Robert David Geren

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: 11/14/2024 at 4:40 PM

Listing updated: 11/13/2024 at 3:50 PM

Listed by: Rhea Terburg, Jaqua, REALTORS Phone #: (269) 629-5612

MLS: Realcomp #66024056911

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