tomo logo

$474,900

Beds
4
Baths
1.0
sq ft
1,263

5831 Stadium Dr, Kalamazoo, MI 49009

5831 Stadium Dr

OshtemoCharterTownship_Kalamazoo, MI 49009

    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

    02/03/2025
    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

    High 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

    $342,654
    Asking price
    $474,900
    Closing costs (~8% of asking)
    -$37,992
    Est. remaining loan balance
    -$94,254
    Cash to seller
    $342,654

    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

    $94,254

    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: 03/31/2025 at 6:50 PM

    Listing updated: 03/25/2025 at 9:21 AM

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

    MLS: Realcomp #65024060370

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