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$214,900

Beds
2
Baths
1.0
sq ft
1,008

587 Lincoln Rd, Otsego, MI 49078

587 Lincoln Rd

OtsegoTownship_Allegan, MI 49078

  • 1 day on market
Come see how much more you can get by buying this home instead of renting! This home is a for the hobby enthusiast if you would need an oversized 4 stall garage with plenty of storage and work space, pull down stairs to an attic and access to the fenced backyard! The home has 2 bedrooms and a full bath with laundry room. Good size kitchen with appliances included with sliders to backyard. Open living to dining area and kitchen. New flooring throughout. Updated kitchen cupboards and counter. Updated paint throughout. Sit out on your deck and relax in your large totally fenced back yard! So much more you will get instead or renting! Come see today!

Details

Property type

Single Family Residence

Est. home value

$187,272

Lot size

0.69 acres

Price per sq ft

$214

Year built

1993

Annual property taxes

$2,195

Price History

04/02/2025
Realcomp

Realcomp #65025013116

Listed
$214,900
+59.19%
10/28/2020
Realcomp

Realcomp #66020038887

Sold
$135,000
+59.76%
06/17/2016
Realcomp

Realcomp #66016015929

Sold
$84,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Otsego

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

$78,299
Asking price
$214,900
Closing costs (~8% of asking)
-$17,192
Est. remaining loan balance
-$119,409
Cash to seller
$78,299

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

Seller’s Loan History

Lender

Michigan Mutual Inc

Loan start date

October 2020

Original loan amount

$132,554

Est. remaining balance

$119,409

Interest rate

2.86%

Loan type

FHA, 30 year

Seller

Madalyn Crawford

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?

Status: Active

Tomo last checked: 04/04/2025 at 5:20 PM

Listing updated: 04/03/2025 at 3:16 PM

Listed by: Kristine R Potyraj, Success Realty West Michigan Phone #: (616) 447-3010

MLS: Realcomp #65025013116

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