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$155,000

Beds
3
Baths
1.0
sq ft
925

850 Lincoln Ave, Lansing, MI 48910

850 Lincoln Ave

Lansing, MI 48910

  • 4 days on market
Welcome to 850 Lincoln, this delightful 3-bedroom, 1-bathroom home, perfect for comfortable living and entertaining. Step inside to discover a cozy main floor with wonderful hardwood floors thats been freshly painted throughout. A partially finished basement that offers flexibility—whether you're looking for a home office, Movie room, playroom, or extra living space. Enjoy the privacy of a fully fenced patio, ideal for relaxing evenings or outdoor gatherings. The spacious 2.5-car garage provides plenty of room for vehicles and extra storage, making organization a breeze. Outdoors, the yard is a gardener's paradise, filled with native perennial plants and flowers that add color and character throughout the seasons. This home combines charm, functionality, and beautiful outdoor features—don’t miss the opportunity to make it yours!

Details

Property type

Single Family Residence

Est. home value

$150,636

Lot size

6,098 sq ft

Price per sq ft

$168

Year built

1952

Annual property taxes

$2,974

Price History

11/08/2024
Realcomp

Realcomp #20240084435

Listed
$155,000
+10.71%
03/04/2022
Realcomp

Realcomp #630000261760

Sold
$140,000
+16.67%
09/21/2020
Realcomp

Realcomp #630000248414

Sold
$120,000
+130.77%

Schools & Community

Neighborhood: 

Clifford Park

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

$14,015
Asking price
$155,000
Closing costs (~8% of asking)
-$12,400
Est. remaining loan balance
-$128,585
Cash to seller
$14,015

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

March 2022

Original loan amount

$135,800

Est. remaining balance

$128,585

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Michael Peters

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: 11/12/2024 at 8:05 PM

Listing updated: 11/09/2024 at 8:10 AM

Listed by: Brian LeBoeuf, REsource Custom Realty Phone #: (810) 777-7234

MLS: Realcomp #20240084435

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