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$270,000

Beds
3
Baths
1.5
sq ft
1,550

16423 Admiral, Fraser, MI 48026

16423 Admiral

FraserCity_Macomb, MI 48026

    • Price drop $4,000↓
BACK ON MARKET! NEW LOWER PRICE! OPEN HOUSE SATURDAY 3/29 FROM 1-3PM! HOW DOES A 4.75% INTEREST RATE SOUND? COULD BE POSSIBLE WITH THIS HOME! Stunning property offering first floor living at its finest! Home features an impressive 3 spacious bedrooms, updated kitchen and baths, walk-in pantry, and an open floorplan! All the big ticket items are newer - roof, furnace, hot water tank, AC, and stainless steel appliances too! You'll love the breezeway which connects the oversized 2-car garage to this home, it's a wonderful cozy space with so many options! The expansive fenced backyard could be a prime spot for entertaining, gardening, and relaxation alike! With a long and wide driveway, parking won't ever be an issue either. Located in award winning Fraser School district, this home is also walking distance to Emerson Elementary. Check it out today!

Details

Property type

Single Family Residence

Est. home value

$285,068

Lot size

0.61 acres

Price per sq ft

$175

Year built

1955

Annual property taxes

$5,904

HOA

No

Price History

03/28/2025
Realcomp

Realcomp #20250001083

Price change
$270,000
-1.46%
03/25/2025
Realcomp

Realcomp #20250001083

Pending
$274,000
03/19/2025
Realcomp

Realcomp #20250001083

Listed
$274,000
-0.45%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High 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

-$15,764
Asking price
$270,000
Closing costs (~8% of asking)
-$21,600
Est. remaining loan balance
-$264,164
Cash to seller
-$15,764

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

Seller’s Loan History

Lender

Platinum Home Mortgage Corp

Loan start date

June 2022

Original loan amount

$275,250

Est. remaining balance

$264,164

Interest rate

5.3%

Loan type

VA, 30 year

Seller

Donald G Mckeen

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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Pending
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Status: Active

Tomo last checked: 03/31/2025 at 7:30 PM

Listing updated: 03/28/2025 at 12:46 PM

Listed by: Angela L Goodell, KW Platinum Phone #: (586) 949-0200

MLS: Realcomp #20250001083

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