tomo logo

$375,000

Beds
2
Baths
1.0
sq ft
842

101 Longman Ln, Ann Arbor, MI 48103

101 Longman Ln

Ann Arbor, MI 48103

  • 71 days on market
    • Price drop $10,000↓
THIS IS YOU'RE 2ND CHANCE, BACK ON MARKET & $$$ REDUCED !!! DO NOT MISS THIS GEM OF A HOUSE!!!! Turnkey condition light and airy interior w/high ceilings and neutral decor. Shows much larger than outside appearances!! Older home charm w/ modern updating. Brick fireplace, wet plaster walls, hardwood floors, archways, wide trim /door/cove moldings, little "nooks and crannies", large formal dining room. Updated over the years are most windows, furnace, air, HWH, electrical, extensive brick pavers in driveway/porch/patio/walkway. All kitchen and laundry appliances stay, some SS. Wide open, bright and clean very usable basement, perimeter drainage system keeps it dry and drains into sump w/ 2 pumps and backup. Home warranty included. Corner lot is fenced all around with a southern exposure and extensively landscaped w/flower beds, shade trees, shrubs. Vegetable garden area siding to driveway and garage runs the length of the lot .Pleasantly shaded patio area in side yard . Prime west side of town location EZ access to X-ways and downtown A2. This most cosmopolitan of cities offers endless cultural, civic, educational, parks & green spaces, work/employment opportunities, entertainment, nightlife & sporting events, It's all here!!! GET ON THIS ONE, IT'S A WINNER!!! Buyer's financing fell thru just before closing; home sold for $385k there's a current FHA appraisal for $ 385k and home passed inspections, all ready to go!!! all data reliable but not warranted buyer/buyer's agent to verify all info to they're satisfaction. Home energy score 5; assessment id ; HERD-0331932024

Details

Property type

Single Family Residence

Est. home value

$370,695

Lot size

4,356 sq ft

Price per sq ft

$446

Year built

1928

Annual property taxes

$7,165

Price History

11/06/2024
Realcomp

Realcomp #20240068150

Price change
$375,000
-2.6%
11/01/2024
Realcomp

Realcomp #20240068150

Listed
$385,000
09/18/2024
Realcomp

Realcomp #20240068150

Pending
$385,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ann Arbor

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

$241,195
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$103,805
Cash to seller
$241,195

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

Seller’s Loan History

Lender

Mms Mortgage Services Ltd

Loan start date

June 2021

Original loan amount

$128,700

Est. remaining balance

$103,805

Interest rate

2.3%

Loan type

New Conventional, 15 year

Seller

Benjamin Adams and Tara Ford

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: 11/22/2024 at 3:05 AM

Listing updated: 11/13/2024 at 12:45 PM

Listed by: Ken Wroblewski, Real Estate One-Plymouth Phone #: (734) 455-7000

MLS: Realcomp #20240068150

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