tomo logo

$494,900

Beds
4
Baths
1.0
sq ft
1,263

5831 Stadium Dr, Kalamazoo, MI 49009

5831 Stadium Dr

Oshtemo Twp, MI 49009

  • 262 days on market
    • Price drop $55,000↓
Amazing traffic studies, across from Denooyer Chevrolet - just down from Costco - Trader Joes and several large retailers. 160' of frontage on one of the most sought after main roads in Kalamazoo. Could easily be converted into a full office. Very easy on/off of 131 - close to 94.

Details

Property type

Single Family Residence

Est. home value

$545,773

Lot size

0.83 acres

Price per sq ft

$392

Year built

1954

Annual property taxes

$999

Price History

05/06/2024
Realcomp

Realcomp #65023138448

Price change
$494,900
-10%
10/16/2023
Realcomp

Realcomp #65023138448

Listed
$549,900

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

$359,482
Asking price
$494,900
Closing costs (~8% of asking)
-$39,592
Est. remaining loan balance
-$95,826
Cash to seller
$359,482

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

$95,826

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: 07/04/2024 at 11:35 PM

Listing updated: 06/18/2024 at 9:55 AM

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

MLS: Realcomp #65023138448

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