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$83,000

Beds
2
Baths
1.0
sq ft
766

721 Jessop Ave, Lansing, MI 48910

721 Jessop Ave

Lansing, MI 48910

  • 26 days on market
    • Price drop $7,000↓
Cute starter home in downtown Lansing with a fantastic fenced in double lot. Updates include newer vinyl flooring on the main floor, new bathroom and kitchen cabinets with butcher block counter tops. Updated electrical and new furnace. This home also features coved ceilings and arched doorways. Great 2 car garage that also has a workshop area. So much has been done to this home but it needs a little more finishing touches to be a complete star. Great for the investor or someone that can put some sweat equity in to finish it up; mainly paint and trim. Partially finished basement needs paint, flooring, and ceiling repair. Basement also features a vintage bar.

Details

Property type

Single Family Residence

Est. home value

$109,401

Lot size

9,583 sq ft

Price per sq ft

$109

Year built

1930

Annual property taxes

$2,636

Price History

09/16/2024
Realcomp

Realcomp #20240063080

Price change
$83,000
-7.78%
08/23/2024
Realcomp

Realcomp #20240063080

Listed
$90,000
+103.46%
03/23/2017
Realcomp

Realcomp #216078796

Sold
$44,234

Schools & Community

Neighborhood: 

Old Everett

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lansing

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

$28,449
Asking price
$83,000
Closing costs (~8% of asking)
-$6,640
Est. remaining loan balance
-$47,911
Cash to seller
$28,449

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

Seller’s Loan History

Lender

Ross Mortgage Corp

Loan start date

March 2017

Original loan amount

$56,041

Est. remaining balance

$47,911

Interest rate

4.19%

Loan type

FHA, 30 year

Seller

Brendan M Duffield and Kaitlynne D Phillips

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 6:05 AM

Listing updated: 09/16/2024 at 11:31 AM

Listed by: Nikki Niemi, Prestige Real Estate Group LLC Phone #: (810) 599-7328

MLS: Realcomp #20240063080

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