Original asking price of $140,000. Listed on Market 117 days ago.
Your Reccommended Offer Price! (V)
Offer Price Based on ** Already being on market for 117 days. ** Property being an older home meaning more repairs. Built in 1950.** Comments on property indicating the seller is motivated (Investment Rental Property)
If more than 1 out of 5 of your offers are being accepted, you are offering too much. Be disiplined!
117 Days on Market.
(Property has been listed for 117 Days. Seller should be MOTIVATED to consider a low offer.)
| Original List Date: 2/4/2020
Estimated Repairs based on property age and square footage.
Adjust this number based on images below! Property was built in 1950 and has 956 Square Feet!
$164,267 ARV Estimate was determined using a combination of the following: * $172,355.84 Value Estimate based on property being worth the original listing price of current seller after repairs are made, PLUS double the dollar armount of repairs you make to the property. * $166,110 Value Estimate based on property being worth 5% more than 3rd Party Appraised Value of $158,200 after updates and repairs. * $7,779 Value Estimate based on Home being worth 7% more than Tax Appraisal of: $7,270
Determined by Analyzing Tax Value, Online Appraisals, Value-Added from Repairs & More.
Estimated Net Received on Sale
(Hire a 1% Listing Realtor to sell home. Buyer's
agent will collect 3% of sales price at closing. $500 title Policy. 1% of sales price title insurance expense. Wise to do $0 seller concessions. Pay pro-rated property taxes.
Estimated Potential Profit!
These numbers were generated by our Property Genius algorithms. Do additional due diligence by looking at comparable sales, having a real estate expert review the deal, and getting an inspection.