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$449,900

Beds
4
Baths
2.5
sq ft
2,385

16970 Tower Dr, Macomb, MI 48044

16970 Tower Dr

Macomb Twp, MI 48044

  • 7 days on market
Great opportunity on this 4-bedroom home with large yard. Entry offers large foyer with circular stairway and den. Main level offers first floor laundry, half bath, huge family room with fireplace, and kitchen with tons of counter space, dining area opens to covered patio overlooking amazing yard with heated pool and additional 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 and has been prepped for kitchen, full bath, and has an Egress Window. Upstairs has 4 bedrooms with good size closets and 2 full baths. Primary bedroom has private bathroom and walk in closet. Includes stove, fridge, dishwasher, microwave. All information estimated buyer to verify.

Details

Property type

Single Family Residence

Est. home value

$412,409

Lot size

0.28 acres

Price per sq ft

$189

Year built

1992

Annual property taxes

$6,560.05

Price History

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

$191,777
Asking price
$449,900
Closing costs (~8% of asking)
-$35,992
Est. remaining loan balance
-$222,131
Cash to seller
$191,777

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

$222,131

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?

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Status: Active

Tomo last checked: 10/04/2024 at 11:15 PM

Listing updated: 09/28/2024 at 5:31 PM

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

MLS: Realcomp #81024051054

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