tomo logo

$425,000

Beds
3
Baths
1.5
sq ft
1,442

142 S Rawles St, Romeo, MI 48065

142 S Rawles St

Romeo, MI 48065

  • 12 days on market
***OPEN HOUSE SUNDAY 11/03 1PM - 3PM***Welcome to 142 S Rawles St in the heart of Downtown Romeo! This home has received a tremendous number of updates to accommodate any desire one may have with a home in the Village. Enjoy the new wrap around porch with plenty of seating room, the newly remodeled main level with new restroom, kitchen, and entertainment space, or the new gas fireplace for a nice relaxing evening in the fall and winter. The property includes a large backyard with plenty of room for any activity including two concrete patios. The property also includes two garages, one that can fit two cars and the other for extra storage space for yard equipment. A new roof was also installed on the larger garage and home in Spring 2024. Don't miss out on the very unique property in the Village!

Details

Property type

Single Family Residence

Est. home value

$288,310

Lot size

0.28 acres

Price per sq ft

$295

Year built

1916

Annual property taxes

$4,719

Price History

10/25/2024
MiRealSource

MiRealSource #50159290

Listed
$425,000
+117.95%
10/30/2019
MiRealSource

MiRealSource #31394362

Sold
$195,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Romeo Community Schools

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

$224,665
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$166,335
Cash to seller
$224,665

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

Seller’s Loan History

Lender

Chemical Bank

Loan start date

October 2019

Original loan amount

$185,250

Est. remaining balance

$166,335

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Christopher Dibble and Christopher Paul Dibble

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: 11/05/2024 at 10:30 PM

Listing updated: 11/02/2024 at 12:50 PM

Listed by: Christopher Dibble, Keller Williams Realty Lakeside Phone #: (586) 532-0500

MLS: MiRealSource #50159290

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