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$329,000

Beds
3
Baths
1.5
sq ft
360

1016 5th St, Tawas City, MI 48763

1016 5th St

Alabaster Twp, MI 48763

  • 3 days on market
Cute well-maintained cottage or year around home. Just Steps from access to Lake Huron for swimming, and a boat launch. The inside is all knotty pine and tastefully done with some wood, laminate, and tile flooring. All appliances are newer and stay with the house. For those cooler evenings there is a gas free standing stove in the living room. The porch would be a great place to have your morning coffee enjoying the beautiful views of Lake Huron and the sunrise. This home is only20 minutes from shopping.

Details

Property type

Single Family Residence

Est. home value

$195,514

Lot size

4,792 sq ft

Price per sq ft

$914

Year built

1983

Annual property taxes

$1,342.66

Price History

09/15/2024
Realcomp

Realcomp #77080050633

Listed
$329,000
+56.67%
07/24/2023
Realcomp

Realcomp #20230045611

Sold
$210,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Tawas

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

$179,231
Asking price
$329,000
Closing costs (~8% of asking)
-$26,320
Est. remaining loan balance
-$123,449
Cash to seller
$179,231

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

July 2023

Original loan amount

$125,000

Est. remaining balance

$123,449

Interest rate

6.79%

Loan type

New Conventional, 30 year

Seller

Richard Swiss

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: 09/19/2024 at 5:35 AM

Listing updated: 09/18/2024 at 7:11 AM

Listed by: BONNIE ULMAN, Phone #: (989) 362-3401

MLS: Realcomp #77080050633

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