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$107,100

Beds
3
Baths
1.0
sq ft
972

896 E Forest Ave, Muskegon, MI 49442

896 E Forest Ave

Muskegon, MI 49442

  • Pending
    • Price drop $11,900↓
HUD HOME-Owner Occupants bid for 1st 30 days. Bids open 4.26.24 2 BEDROOM 1 BATHROOM WITH UNFINISHED BASEMENT. NICE ENCLOSED FRONT PORCH, ATTACED 1 CAR GARAGE AND FENCED REAR YARD Property is owned by the US Dept. of HUD case #263-671736 ''IE'', subject to appraisal. Seller makes no representations or warranty as to condition of property. HUD homes are sold ''AS IS''. EHO. Home needs some repair. No utilities on

Details

Property type

Single Family Residence

Est. home value

$142,505

Lot size

5,227 sq ft

Price per sq ft

$111

Year built

1995

Annual property taxes

$1,800

Price History

07/01/2024
Realcomp

Realcomp #71024018838

Pending
$107,100
05/31/2024
Realcomp

Realcomp #71024018838

Price change
$107,100
-10%
04/19/2024
Realcomp

Realcomp #71024018838

Listed
$119,000
+197.5%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Muskegon

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

-$7,027
Asking price
$107,100
Closing costs (~8% of asking)
-$8,568
Est. remaining loan balance
-$105,559
Cash to seller
-$7,027

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

Seller’s Loan History

Lender

Equity Prime Mortgage Llc3

Loan start date

July 2021

Original loan amount

$112,917

Est. remaining balance

$105,559

Interest rate

2.94%

Loan type

FHA, 30 year

Seller

Zachary Knowles

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: Pending/Under Contract

Tomo last checked: 07/04/2024 at 11:30 PM

Listing updated: 07/01/2024 at 2:03 PM

Listed by: Anne M Valentine, Coldwell Banker Woodland Schmidt Muskegon Phone #: (231) 733-4455

MLS: Realcomp #71024018838

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