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$150,000

Beds
3
Baths
2.0
sq ft
2,394

124 Roselawn St, Algonac, MI 48001

124 Roselawn St

Algonac, MI 48001

  • 25 days on market
Discover the potential of this HUD-owned gem at 124 Roselawn in Algonac! This spacious home boasts 2,394 sq. ft. of living space, featuring 3 bedrooms, 2 baths, and a versatile bonus room perfect for a home office, playroom, or extra living space. Situated near the beautiful St. Clair River, this home offers convenient access to boating, fishing, and waterfront dining. Enjoy the charm of Algonac with its local parks, scenic trails, and vibrant community activities. With so much space and a prime location, this property is full of possibilities for your next chapter. Don’t wait—schedule your showing today! Property sold as-is.

Details

Property type

Single Family Residence

Est. home value

$232,098

Lot size

0.31 acres

Price per sq ft

$63

Year built

1972

Annual property taxes

$3,636

Price History

01/28/2025
Realcomp

Realcomp #20250006124

Listed
$150,000
+7.14%
03/09/2020
MiRealSource

MiRealSource #50002213

Sold
$140,000

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

$121,840
Asking price
$150,000
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$16,160
Cash to seller
$121,840

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

Seller’s Loan History

Lender

Loancare Llc

Loan start date

September 2022

Original loan amount

$16,872

Est. remaining balance

$16,160

Interest rate

4.99%

Loan type

FHA, 28 year

Seller

Jennifer Kristy Reese

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: 02/23/2025 at 8:10 AM

Listing updated: 01/31/2025 at 6:04 AM

Listed by: Jasna M Hoyt, Hoyt Real Estate Inc Phone #: (586) 776-4242

MLS: Realcomp #20250006124

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