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$370,000

Beds
5
Baths
2.5
sq ft
1,420

7103 Magnolia Dr, Jenison, MI 49428

7103 Magnolia Dr

Georgetown Twp, MI 49428

  • 1 day on market
Very nice Jenison 5 bed, 2.5 bath with over 2,200 square feel of living space. Main level features large living and family rooms with plenty of room to spread out, 3 bedrooms, 1.5 baths and main floor laundry. The lower level has rec room, 2 more spacious bedrooms perfect for a home office, a nicely updated full bath with beautiful tile work and glass shower door and a good sized utility room spacious enough for lots of storage. All of this on a beautiful lot with a large deck, nice sized back yard and a great location.

Details

Property type

Single Family Residence

Est. home value

$353,256

Lot size

0.33 acres

Price per sq ft

$261

Year built

1973

Annual property taxes

$3,739

Price History

01/10/2025
Realcomp

Realcomp #65025001302

Listed
$370,000
+42.31%
05/14/2020
Realcomp

Realcomp #65020012544

Sold
$260,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Jenison

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

$116,554
Asking price
$370,000
Closing costs (~8% of asking)
-$29,600
Est. remaining loan balance
-$223,846
Cash to seller
$116,554

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

Seller’s Loan History

Lender

Success Mortgage Partners Inc

Loan start date

May 2020

Original loan amount

$247,000

Est. remaining balance

$223,846

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Mercedes Watts and Joshua Watts

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: 01/12/2025 at 7:45 AM

Listing updated: 01/10/2025 at 6:35 PM

Listed by: Lloyd W Reed, Home Run Real Estate Phone #: (616) 217-4166

MLS: Realcomp #65025001302

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