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$159,900

Beds
3
Baths
2.0
sq ft
1,140

602 Richmond St, Alma, MI 48801

602 Richmond St

Alma, MI 48801

  • 11 days on market
    • Open house Sep 22
Nestled on the north side of Alma, this delightful three-bedroom, two-bath one-story home is conveniently located near Pine Avenue Elementary, the high school, and the middle school. The master bedroom boasts an ensuite and ample closet space. The screened-in porch off the living room provides a perfect space for relaxation. The full basement is highly usable, featuring a 9x10 room that has previously served as a fourth bedroom (no egress). Additionally, this home features a 2 stall detached garage and the comfort of central air. Recently, the basement was waterproofed in November 2022 by Mobile Waterproofing, complete with a five-year warranty, giving you peace of mind. This home combines practicality, comfort, and a prime location, perfect for families!

Details

Property type

Single Family Residence

Est. home value

$127,586

Lot size

4,356 sq ft

Price per sq ft

$141

Year built

1916

Annual property taxes

$2,062.12

Price History

09/07/2024
Realcomp

Realcomp #59024047245

Listed
$159,900
+88.12%
03/27/2019
Realcomp

Realcomp #79001186063

Sold
$85,000
+6.25%
05/12/2010
Realcomp

Realcomp #79001129820

Sold
$80,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Alma

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

$92,243
Asking price
$159,900
Closing costs (~8% of asking)
-$12,792
Est. remaining loan balance
-$54,865
Cash to seller
$92,243

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

Seller’s Loan History

Lender

Member First Mortgage L L C

Loan start date

May 2010

Original loan amount

$78,551

Est. remaining balance

$54,865

Interest rate

4.99%

Loan type

Not Provided, 30 year

Seller

Robert A Feiss and Charlene A Feiss

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: 09/19/2024 at 5:45 AM

Listing updated: 09/16/2024 at 11:51 PM

Listed by: Lisa Reidt, Phone #: (989) 763-4465

MLS: Realcomp #59024047245

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