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$119,000

Beds
3
Baths
1.0
sq ft
1,120

109 N Park Dr, Algonac, MI 48001

109 N Park Dr

Algonac, MI 48001

  • 6 days on market
Owner occupants, non-profits and government agencies only through 9/23/2024. Licensed agent must be present at all showings and inspections. Cute and cozy 3 BR ranch home in nice, north-end Algonac neighborhood. Updated, eat-in kitchen with breakfast bar. Great ceramic tiled sunroom offers additional living space and leads to the back deck. Close to local shopping, restaurants and the St. Clair River, river-front boardwalk. Flood insurance required.

Details

Property type

Single Family Residence

Est. home value

$147,132

Lot size

7,841 sq ft

Price per sq ft

$107

Year built

1969

Annual property taxes

$2,631

Price History

09/13/2024
Realcomp

Realcomp #58050155247

Listed
$119,000
-4.72%
04/09/2024
Realcomp

Realcomp #20230087468

Removed
$124,900
03/26/2024
Realcomp

Realcomp #20230087468

Listed
$124,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Algonac

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

-$2,414
Asking price
$119,000
Closing costs (~8% of asking)
-$9,520
Est. remaining loan balance
-$111,894
Cash to seller
-$2,414

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

$111,894

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?

Status: Active

Tomo last checked: 09/19/2024 at 1:10 PM

Listing updated: 09/17/2024 at 10:11 AM

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

MLS: Realcomp #58050155247

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