tomo logo

$245,000

Beds
5
Baths
1.5
sq ft
1,571

60155 M 51 S, Dowagiac, MI 49047

60155 M 51 S

Pokagon Twp, MI 49047

  • 148 days on market
Discover the potential of this charming 5-bedroom, 1.5-bath home set on a sprawling 7.6-acre lot. Embrace the serene country lifestyle with ample space for gardening, outdoor activities, and a cozy chicken coop perfect for your feathered friends. Featuring updated plumbing, a new roof, a new furnace, a new water heater, two sheds for ample storage, and a detached garage, this property offers both comfort and convenience. With a privacy fence surrounding the property, you can enjoy complete seclusion. While the home needs a bit of TLC, its solid structure and spacious layout offer endless possibilities for customization, making it ideal for those seeking a peaceful retreat with the opportunity to create their dream homestead.

Details

Property type

Single Family Residence

Est. home value

$177,884

Lot size

7.56 acres

Price per sq ft

$156

Year built

1900

Annual property taxes

$1,279

Price History

06/27/2024
Realcomp

Realcomp #69024033022

Listed
$245,000
+218.6%
09/02/2021
Realcomp

Realcomp #69021027968

Sold
$76,900
+337.25%
03/27/2014
Realcomp

Realcomp #69013022960

Sold
$17,587

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Niles

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

$164,298
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$61,102
Cash to seller
$164,298

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

Seller’s Loan History

Lender

Landmark Mortgage Group Inc

Loan start date

October 2004

Original loan amount

$115,500

Est. remaining balance

$61,102

Interest rate

5.77%

Loan type

Not Provided, 30 year

Seller

Miriam Nellis

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?

Similar Homes Nearby

Price drop
Realcomp
$254,000
5 bd
|
2.5 ba
|
2,500 sq ft
|
House

334 Shamrock Dr, Niles, MI 49120

Price drop
Realcomp
$210,000
3 bd
|
1.5 ba
|
1,248 sq ft
|
House

58691 M 51 S, Dowagiac, MI 49047

Realcomp
$220,000
3 bd
|
1 ba
|
1,265 sq ft
|
House

1317 Norwood Rd, Niles, MI 49120

Status: Active

Tomo last checked: 11/22/2024 at 9:10 PM

Listing updated: 06/27/2024 at 8:13 PM

Listed by: Bailey Bingham, Jaqua Realtors Phone #: (269) 983-8051

MLS: Realcomp #69024033022

Realcomp logo

Recently listed in Pokagon Twp

$195,000|3 bd|1.5 ba|House
$299,000|3 bd|2.0 ba|House
$440,000|4 bd|2.5 ba|House
$282,499|4 bd|1.0 ba|House
$425,000|5 bd|3.0 ba|House
$245,000|5 bd|1.5 ba|House
$210,000|3 bd|1.5 ba|House
$250,000|2 bd|2.0 ba|House