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$204,900

Beds
3
Baths
1.0
sq ft
1,120

109 N Park Dr, Algonac, MI 48001

109 N Park Dr

Algonac, MI 48001

  • 20 days on market
    • Price drop $7,600↓
Move right into this beautifully remodeled 3BR ranch home in nice, north-end Algonac neighborhood. This home has been completely updated with tasteful decor and very nice finishes! You'll love the brand new, luxury vinyl flooring and all the new light fixtures throughout the home. The very spacious living room flows perfectly into the kitchen which is brand new- with all new cabinets, beautiful quartz countertops, new dishwasher, stove and microwave. The brand new bathroom has a new vanity, tub, toilet and new ceramic tile flooring. Ample sized bedrooms and storage and a laundry area with washer and dryer. Bright and airy family room is huge and has a sliding glass door leading to the back deck- the perfect spot for summer BBQs. The spacious back yard is partially fenced and offers a fire pit and a shed for storage. Also, a Home Warranty included. Close to local shopping, restaurants and the St. Clair River, river-front boardwalk. Immediate occupancy.

Details

Property type

Single Family Residence

Est. home value

$147,132

Lot size

7,841 sq ft

Price per sq ft

$183

Year built

1969

Annual property taxes

$1,195

Price History

01/20/2025
MiRealSource

MiRealSource #50163910

Price change
$204,900
-3.58%
01/14/2025
MiRealSource

MiRealSource #50163910

Price change
$212,500
-2.97%
01/03/2025
MiRealSource

MiRealSource #50163910

Listed
$219,000
+140.92%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Algonac Community School District

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

$77,553
Asking price
$204,900
Closing costs (~8% of asking)
-$16,392
Est. remaining loan balance
-$110,955
Cash to seller
$77,553

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

Seller’s Loan History

Lender

Mortgage 1 Inc

Loan start date

August 2020

Original loan amount

$122,636

Est. remaining balance

$110,955

Interest rate

3.13%

Loan type

FHA, 30 year

Seller

Erika Barber

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: 01/23/2025 at 8:30 AM

Listing updated: 01/20/2025 at 3:30 PM

Listed by: Michael Frank, Frank Real Estate Phone #: (810) 765-4005

MLS: MiRealSource #50163910

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