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$119,000

Beds
3
Baths
1.0
sq ft
1,089

814 N Martin Luther King Jr Blvd, Lansing, MI 48915

814 N Martin Luther King Jr Blvd

Lansing, MI 48915

  • 27 days on market
    • Price drop $6,000↓
FANTASTIC, IMMACULATE, 3 BEDROOM, 1 BATH BEAUTIFULLY UPDATED HOME. AN OPEN FLOOR PLAN WELCOMES YOU SO YOU CAN ENJOY YOUR UPDATED WHITE KITCHEN, ALL APPLIANCES STAY. HARDWOOD FLOORING AND PLANK. NATURAL FIREPLACE FOR THOSE CHILLY NIGHTS. NEWER ROOF AND WINDOWS. 1 CAR GARAGE AND A BASEMENT FOR EXTRA STORAGE. ALMOST 1100 SQUARE FEET. CLOSE TO FREEWAYS AND SHOPPING.

Details

Property type

Single Family Residence

Est. home value

$96,208

Lot size

7,405 sq ft

Price per sq ft

$110

Year built

1938

Annual property taxes

$1,878

Price History

09/10/2024
Realcomp

Realcomp #20240063000

Price change
$119,000
-4.8%
09/04/2024
Realcomp

Realcomp #20240063000

Price change
$125,000
-19.35%
08/28/2024
Realcomp

Realcomp #20240063000

Price change
$155,000
-6.06%

Schools & Community

Neighborhood: 

Old Forest

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

$34,700
Asking price
$119,000
Closing costs (~8% of asking)
-$9,520
Est. remaining loan balance
-$74,780
Cash to seller
$34,700

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

Seller’s Loan History

Lender

Catholic Vantage Financial

Loan start date

April 2023

Original loan amount

$76,000

Est. remaining balance

$74,780

Interest rate

6.5%

Loan type

New Conventional, 30 year

Seller

Rachel Sexton and Matthew Voss

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 7:05 PM

Listing updated: 09/12/2024 at 7:01 AM

Listed by: Margo A Borkin, Real Estate One-WB/FH Phone #: (248) 851-4100

MLS: Realcomp #20240063000

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