tomo logo

$439,900

Beds
4
Baths
2.5
sq ft
2,385

16970 Tower Dr, Macomb, MI 48044

16970 Tower Dr

Macomb Twp, MI 48044

  • 86 days on market
    • Price drop $10,000↓
Great opportunity on this 4-bedroom home with large yard. Entry offers foyer with circular stairway and den. Main level first floor laundry, half bath, huge family room with fireplace. Kitchen has tons of counter space, dining area opens to covered patio overlooking amazing yard with heated pool and extra space on each side of home. Additional parking and concrete with footings next to garage for possible addition to garage. Basement is ready for drywall, prepped for kitchen, bath, and has Egress Window. 4 bedrooms upstairs with good size closets and 2 full baths. Primary bedroom has private bathroom and walk in closet. Roof, Windows, Siding, Furnace, A/c updated withing the past approx. 10-12 years. Includes stove, fridge, dishwasher, microwave. All info estimated buyer to verify

Details

Property type

Single Family Residence

Est. home value

$412,409

Lot size

0.28 acres

Price per sq ft

$185

Year built

1992

Annual property taxes

$6,560.05

Price History

11/07/2024
Realcomp

Realcomp #81024051054

Price change
$439,900
-2.22%
09/27/2024
Realcomp

Realcomp #81024051054

Listed
$449,900
+66.54%
08/28/2015
Realcomp

Realcomp #215017105

Sold
$270,150

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Chippewa Valley

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

$184,505
Asking price
$439,900
Closing costs (~8% of asking)
-$35,192
Est. remaining loan balance
-$220,203
Cash to seller
$184,505

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

Seller’s Loan History

Lender

Towne Mortgage Co

Loan start date

January 2021

Original loan amount

$248,950

Est. remaining balance

$220,203

Interest rate

2.72%

Loan type

New Conventional, 25 year

Seller

Jennifer R Belmont and Richard S Belmont

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?

Similar Homes Nearby

Price drop
Realcomp
$469,900
4 bd
|
2.5 ba
|
2,460 sq ft
|
House

48651 Presidential Dr, Macomb, MI 48044

Pending
Realcomp
$450,000
4 bd
|
2.5 ba
|
2,421 sq ft
|
House

19807 Chesterbrook Dr, Macomb, MI 48044

Pending
Realcomp
$469,900
4 bd
|
2.5 ba
|
2,564 sq ft
|
House

15044 Orleans Dr, Shelby Township, MI 48315

Status: Active

Tomo last checked: 12/23/2024 at 1:45 AM

Listing updated: 11/07/2024 at 3:30 PM

Listed by: Michael Murphy, Murphy's Realty Phone #: (586) 439-0011

MLS: Realcomp #81024051054

Realcomp logo

Recently listed in Macomb Twp

$594,900|4 bd|2.5 ba|House
$289,900|2 bd|2.0 ba|Condo
$440,000|3 bd|3.0 ba|House
$729,000|4 bd|2.5 ba|House
$674,900|4 bd|3.5 ba|House
$625,000|4 bd|4.5 ba|House
$223,900|2 bd|2.0 ba|Condo
$454,900|4 bd|2.5 ba|House
$375,000|3 bd|3.0 ba|Condo
$614,900|4 bd|2.5 ba|House