tomo logo

$85,000

Beds
3
Baths
2.0
sq ft
2,164

1416 Ida St, Flint, MI 48503

1416 Ida St

Flint, MI 48503

  • 69 days on market
    • Price drop $5,000↓
Don't miss this once at 1416 Ida Avenue. This home just needs some finishing touches to make your own or convert back to a duplex to rent. ?ALL of the windows and trim around the windows have been replaced in the last 5-6 years. The furnace and roof were replaced in the last 10 yrs. ?All appliances stay; 2 refrigerators, 2 washers, Dryer, Microwave and Stove. ?Heated and Insulated 24x24 garage that was built in the last 12 years. ALL CASH AND CONVENTIONAL LOAN OFFERS WILL BE CONSIDERED. Home would not qualify for an FHA or VA loan due to some cosmetic fixes needed.

Details

Property type

Single Family Residence

Est. home value

$94,619

Lot size

8,276 sq ft

Price per sq ft

$40

Year built

1924

Annual property taxes

$2,196

Price History

08/22/2024
Realcomp

Realcomp #20240050154

Price change
$85,000
-5.56%
08/06/2024
Realcomp

Realcomp #20240050154

Price change
$90,000
-9.91%
07/22/2024
Realcomp

Realcomp #20240050154

Price change
$99,900
-13.05%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Flint

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

$28,763
Asking price
$85,000
Closing costs (~8% of asking)
-$6,800
Est. remaining loan balance
-$49,437
Cash to seller
$28,763

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

Seller’s Loan History

Lender

Cason Home Loans

Loan start date

September 2020

Original loan amount

$54,150

Est. remaining balance

$49,437

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Marie Rene Wright

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: 09/19/2024 at 3:45 PM

Listing updated: 09/18/2024 at 1:21 PM

Listed by: Andrea Fick, RE/MAX Select Phone #: (810) 238-8888

MLS: Realcomp #20240050154

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