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$280,866Estimated home value

Beds
3
Baths
2.0
sq ft
1,556

16407 Masonic, Fraser, MI 48026

16407 Masonic

Fraser, MI 48026

  • Sold On 9/6/2024
Come see this welcoming brick ranch in Fraser! Nestled in a convenient location nearby shopping, restaurants and the location offers easy access for your commute. Natural hardwood floors, newer roof, natural fireplace and plenty of storage are just a few features which make this home appealing. You will also find a large fenced in back yard giving you privacy to enjoy your hot tub, grilling on the deck or entertaining guests. A 2-Car Attached Garage leads to your mud-room, that could easily be converted to a first floor laundry. This home is spacious! Featuring a Finished Basement with full bathroom, allowing for additional living space. Located within walking distance to the Arts Academy In The Woods and Ralph Waldo Emerson Elementary!

Details

Property type

Single Family Residence

Est. home value

$280,866

Lot size

0.37 acres

Price per sq ft

$180

Year built

1952

Annual property taxes

$5,429

Price History

09/06/2024
Realcomp

Realcomp #20240058349

Pending
$280,000
+3.7%
09/05/2024
Realcomp

Realcomp #20240058349

Sold
$270,000
-3.57%
08/08/2024
Realcomp

Realcomp #20240058349

Listed
$280,000
+3.7%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Fraser

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

-$423
Asking price
$280,000
Closing costs (~8% of asking)
-$22,400
Est. remaining loan balance
-$258,023
Cash to seller
-$423

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

August 2022

Original loan amount

$265,109

Est. remaining balance

$258,023

Interest rate

5.7%

Loan type

FHA, 30 year

Seller

Karl Johnson

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: Off Market

Tomo last checked: 09/12/2024 at 10:35 PM

Listing updated: 09/06/2024 at 1:07 PM

Listed by: Joshua Richter, Real Estate One-St Clair Shrs Phone #: (586) 771-1100

MLS: Realcomp #20240058349

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