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$150,007Estimated home value

Beds
3
Baths
1.0
sq ft
1,900

1284 N Plank Rd, Tawas City, MI 48763

1284 N Plank Rd

Tawas Twp, MI 48763

  • Sold On 8/8/2024
    • Price drop $20,100↓
This home has a great location, larger in size and has great potential. Home needs work and alot of love. The 3 bedroom, 1 bathroom with family room home and garage was nice in its time and will be again with your help and work.

Details

Property type

Single Family Residence

Est. home value

$150,007

Lot size

0.65 acres

Price per sq ft

$53

Year built

1982

Annual property taxes

$1,701

Price History

08/07/2024
Realcomp

Realcomp #77080016883

Sold
$85,000
-14.91%
06/13/2024
Realcomp

Realcomp #77080016883

Price change
$99,900
-16.75%
04/25/2024
Realcomp

Realcomp #77080016883

Listed
$120,000
+665.31%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Tawas

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

$31,531
Asking price
$99,900
Closing costs (~8% of asking)
-$7,992
Est. remaining loan balance
-$60,377
Cash to seller
$31,531

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

Seller’s Loan History

Lender

1St National Financial Corporation

Loan start date

March 2007

Original loan amount

$94,218

Est. remaining balance

$60,377

Interest rate

6.28%

Loan type

FHA, 30 year

Seller

Joseph A Whitten and Kristin R Whitten

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: Off Market

Tomo last checked: 10/05/2024 at 9:15 PM

Listing updated: 08/08/2024 at 3:28 PM

Listed by: SHERYL SCHONSCHACK, Phone #: (989) 362-7934

MLS: Realcomp #77080016883

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