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$474,900

Beds
4
Baths
1.0
sq ft
1,263

5831 Stadium Dr, Kalamazoo, MI 49009

5831 Stadium Dr

Oshtemo Twp, MI 49009

  • 93 days on market
This property offers excellent visibility and high traffic flow. It is strategically located across from Denooyer Chevrolet and near major retailers like Costco and Trader Joe's. With 160 feet of frontage on a prime main road in Kalamazoo, it presents an ideal opportunity for conversion into a full office space. Currently functioning as a single-family residence, it features a finished living area with a kitchen and bath, making it versatile for various commercial uses while benefiting from easy access to highways 131 and 94.

Details

Property type

Single Family Residence

Est. home value

$545,773

Lot size

0.83 acres

Price per sq ft

$377

Year built

1954

Annual property taxes

$2,812

Price History

11/21/2024
Realcomp

Realcomp #65024060370

Listed
$474,900
-4.04%
10/08/2024
Realcomp

Realcomp #65023138448

Removed
$494,900
05/06/2024
Realcomp

Realcomp #65023138448

Price change
$494,900
-10%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Kalamazoo

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

$342,455
Asking price
$474,900
Closing costs (~8% of asking)
-$37,992
Est. remaining loan balance
-$94,453
Cash to seller
$342,455

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

Seller’s Loan History

Lender

Arbor Financial Cu

Loan start date

October 2019

Original loan amount

$106,000

Est. remaining balance

$94,453

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Scott Mursch and Frances J Mursch

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: 02/23/2025 at 2:00 AM

Listing updated: 02/03/2025 at 8:29 AM

Listed by: Thomas A Rumble, EXP Realty LLC Phone #: (269) 600-4397

MLS: Realcomp #65024060370

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