tomo logo

$223,500

Beds
3
Baths
1.0
sq ft
1,073

141 S Platt St, Milan, MI 48160

141 S Platt St

Milan, MI 48160

  • 45 days on market
    • Price drop $1,500↓
Discover this delightful 3-bedroom, 1-bath ranch home with an attached garage, perfectly situated in a prime location! This property boasts numerous updates including a NEW Roof and Fresh Interior Paint allowing you to move right in. Other recent updates include Laminate Flooring, Water Heater, Water Softener and front-loading Washer and Dryer! Home Warranty INCLUDED for your peace of mind! The fenced backyard features a New Concrete Patio, ideal for outdoor dining or relaxing under the large shade tree. An oversized driveway with additional New Concrete offers extra parking space. Conveniently located within walking distance to Nature Park, Kroger, and just minutes from local schools and downtown amenities, this home is perfect for first-time buyers or those looking to downsize.Say goodbye to renting and start investing in your own future!

Details

Property type

Single Family Residence

Est. home value

$203,040

Lot size

7,841 sq ft

Price per sq ft

$209

Year built

1964

Annual property taxes

$3,506

Price History

11/01/2024
Realcomp

Realcomp #81024050012

Price change
$223,500
-0.67%
10/15/2024
Realcomp

Realcomp #81024050012

Price change
$225,000
-1.75%
09/21/2024
Realcomp

Realcomp #81024050012

Listed
$229,000
+62.41%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Milan

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

$80,937
Asking price
$223,500
Closing costs (~8% of asking)
-$17,880
Est. remaining loan balance
-$124,683
Cash to seller
$80,937

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

Seller’s Loan History

Lender

Ruoff Mortgage Company Inc

Loan start date

July 2020

Original loan amount

$137,000

Est. remaining balance

$124,683

Interest rate

3.24%

Loan type

New Conventional, 30 year

Seller

Samantha R Latta

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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705 Lee St, Milan, MI 48160

Status: Active

Tomo last checked: 11/05/2024 at 2:40 PM

Listing updated: 11/01/2024 at 1:55 PM

Listed by: LaDonna Billman, Phone #: (734) 747-7777

MLS: Realcomp #81024050012

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