tomo logo

$168,000

Beds
3
Baths
1.5
sq ft
1,711

1626 S Franklin Ave, Flint, MI 48503

1626 S Franklin Ave

Flint, MI 48503

  • 23 days on market
    • Price drop $4,000↓
Beautifully maintained and nicely updated 3-bedroom, 1.5-bathroom home in the historic and highly desired, College Cultural neighborhood. Situated on a spacious corner lot, this home has original hardwood floors, a spacious and comfortable layout, and numerous upgrades throughout. The updated kitchen (2022) features some newer appliances, making it ideal for cooking and entertaining. The home also offers the potential for a fourth bedroom on the lower level, complete with a cozy natural wood-burning fireplace. Outdoor living is a dream with a large, fully fenced backyard, a big composite deck, a concrete patio, and a covered front porch. The family-friendly neighborhood features sidewalks perfect for evening strolls and is conveniently located near schools, parks, and cultural attractions. Additional highlights include a 2-car attached garage, immediate occupancy, and no HOA. This home is move-in ready and offers a unique opportunity to enjoy the charm of the historical College Cultural neighborhood with modern updates. Don’t miss this fantastic find—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$161,923

Lot size

0.31 acres

Price per sq ft

$99

Year built

1962

Annual property taxes

$3,956

Price History

12/16/2024
Realcomp

Realcomp #20240089251

Price change
$168,000
-2.33%
11/29/2024
Realcomp

Realcomp #20240089251

Listed
$172,000
+22.07%
06/13/2022
MiRealSource

MiRealSource #50072096

Sold
$140,900

Schools & Community

Neighborhood: 

College Cultural

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

$21,422
Asking price
$168,000
Closing costs (~8% of asking)
-$13,440
Est. remaining loan balance
-$133,138
Cash to seller
$21,422

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

June 2022

Original loan amount

$138,347

Est. remaining balance

$133,138

Interest rate

5.1%

Loan type

FHA, 30 year

Seller

Julia Noell Vandekerckhove and Gary Joseph Cooper

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: 12/22/2024 at 10:55 PM

Listing updated: 12/21/2024 at 4:15 PM

Listed by: Alex Hagopian, KW Showcase Realty Phone #: (248) 360-2900

MLS: Realcomp #20240089251

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