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$113,000

Beds
4
Baths
2.5
sq ft
2,033

1275 E Mount Morris Rd, Mount Morris, MI 48458

1275 E Mount Morris Rd

Mt. Morris, MI 48458

  • 30 days on market
HUD Home. Up for sale is a four bedroom w/ two and half bath Brick Home in Mount Morris with over 2000sf. Home is on a corner lot on .64 acres with two car detached garage plus a detached pole building which hold two cars and workshop. Large shed for lawn care equipment. Owner Occupants, Nonprofits, and Government Agencies Bid deadline DAILY by 11:59P. FHA Case #262-212084 FHA Insurability - IE (Insured Escrow). Equal Housing Opportunity. For more info web search HUD Home Store.

Details

Property type

Single Family Residence

Est. home value

$182,496

Lot size

0.64 acres

Price per sq ft

$56

Year built

1940

Annual property taxes

$1,690

Price History

11/21/2024
Realcomp

Realcomp #20240087949

Listed
$113,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Mt. Morris

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

$12,362
Asking price
$113,000
Closing costs (~8% of asking)
-$9,040
Est. remaining loan balance
-$91,598
Cash to seller
$12,362

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

December 2013

Original loan amount

$119,035

Est. remaining balance

$91,598

Interest rate

4.28%

Loan type

FHA, 30 year

Seller

James James and Norma James

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: 12/22/2024 at 5:20 PM

Listing updated: 12/10/2024 at 10:25 AM

Listed by: Rafael Corpuz, Burrell Real Estate Phone #: (810) 232-8176

MLS: Realcomp #20240087949

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