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$240,000

Beds
3
Baths
2.0
sq ft
1,470

11 Fessenden St, Mount Clemens, MI 48043

11 Fessenden St

Mount Clemens, MI 48043

  • 39 days on market
    • Price drop $4,990↓
SWEET EQUITY HERE! APPRAISED AT $255,000 FHA - Step into the inviting sunroom, which opens up to a spacious great room featuring hardwood floors and a cozy natural fireplace. With over 1,400 sq ft of living space, this home offers ample room for comfort. The dining room is perfect for gatherings, while the kitchen comes fully equipped with all appliances. Situated on an extra-large lot, the home boasts a spacious deck, a shed for storage, and solar panels that ensure exceptionally low electric bills. The attic space holds potential for a 4th bedroom or home office—just waiting for your personal touches. This home has endless possibilities! With a little decorating and fresh paint, you can truly make it your own. Located close to downtown Mt. Clemens, enjoy easy access to shopping, dining, and entertainment.

Details

Property type

Single Family Residence

Est. home value

$271,711

Lot size

0.34 acres

Price per sq ft

$164

Year built

1931

Annual property taxes

$3,598

Price History

11/23/2024
MiRealSource

MiRealSource #50161123

Price change
$240,000
-2.04%
11/15/2024
Realcomp

Realcomp #58050155357

Removed
$244,990
11/14/2024
Realcomp

Realcomp #58050155357

Price change
$244,990

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Mt Clemens Community Schools

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

-$1,425
Asking price
$240,000
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$222,225
Cash to seller
-$1,425

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

September 2021

Original loan amount

$238,877

Est. remaining balance

$222,225

Interest rate

2.87%

Loan type

VA, 30 year

Seller

Tanner Simpson

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: 12/23/2024 at 6:35 AM

Listing updated: 12/13/2024 at 1:10 AM

Listed by: Elizabeth Rogers, Realty Executives Home Towne Chesterfield Phone #: (586) 949-8300

MLS: MiRealSource #50161123

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