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$174,900

Beds
3
Baths
1.0
sq ft
1,000

1451 Mertz Rd, Caro, MI 48723

1451 Mertz Rd

Indianfields Twp, MI 48723

  • 20 days on market
    • Price drop $5,000↓
Great opportunity! Wonderful 3 bed ranch-style home with roomy floor plan, updated kitchen with lots of cabinets, updated bath, full basement with laundry area, finished room for office or game area, and a drywalled area for a family room. Features include fresh neutral colors throughout, newer carpet and kitchen appliances included. The front yard is nicely landscaped with a concrete driveway, large front deck 12' x 24' and 14' x 15' back deck with a cement patio. The generous sized backyard is perfect for fun and entertaining family or guests. An additional bonus is the 16' x 24' stick-built shed, perfect for workshop area and includes concrete floor, extra lighting, and tall enough for a loft. Immediate occupancy offered and Caro schools. Hurry, this one will not last long!

Details

Property type

Single Family Residence

Est. home value

$160,518

Lot size

0.46 acres

Price per sq ft

$175

Year built

1970

Annual property taxes

$2,453

Price History

09/16/2024
Realcomp

Realcomp #20240064510

Price change
$174,900
-2.78%
08/29/2024
Realcomp

Realcomp #20240064510

Listed
$179,900
+5.2%
06/12/2023
Realcomp

Realcomp #20230038601

Sold
$171,000
+30.53%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Caro

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

$11,937
Asking price
$174,900
Closing costs (~8% of asking)
-$13,992
Est. remaining loan balance
-$148,971
Cash to seller
$11,937

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

Seller’s Loan History

Lender

Independence Bank

Loan start date

June 2023

Original loan amount

$153,900

Est. remaining balance

$148,971

Interest rate

6.43%

Loan type

New Conventional, 20 year

Seller

Joel Collins and Hannah Collins

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 5:55 AM

Listing updated: 09/16/2024 at 11:01 AM

Listed by: Valerie Spicer, RUSH Realty Phone #: (248) 567-6300

MLS: Realcomp #20240064510

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