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$190,000

Beds
4
Baths
3.0
sq ft
1,443

1709 Riverbank St, Lincoln Park, MI 48146

1709 Riverbank St

Lincoln Park, MI 48146

  • Pending
Back to market , buyers cannot obtain financing .Very rare to find a large 4 bedrooms brick bungalow with three full baths 2 beds on the main floor with a full bath, and 2 in the second floor with another full bath . Hardwood floor in the living area hallway and all the rooms, Dining room of the kitchen with doorwall to the nice newly installed deck 2023 double vinyl windows. The seller just nicely finished the basement to add more family living area a full bathroom and a kitchen. just need your little touches (a stove and bathroom sink ) , New AC unit 2023 brand new electric panel 2022 previous seller lived in the house for more than 50 years. Most of the neighbors stay in this area long time. Very beautiful block. Don't miss it out. come on in and take a look.

Details

Property type

Single Family Residence

Est. home value

$153,353

Lot size

5,227 sq ft

Price per sq ft

$132

Year built

1947

Annual property taxes

$3,891

Price History

11/04/2024
Realcomp

Realcomp #20240063128

Pending
$190,000
10/10/2024
Realcomp

Realcomp #20240063128

Price change
$190,000
+2.7%
10/10/2024
Realcomp

Realcomp #20240063128

Listed
$185,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lincoln Park

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

$52,479
Asking price
$190,000
Closing costs (~8% of asking)
-$15,200
Est. remaining loan balance
-$122,321
Cash to seller
$52,479

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

Seller’s Loan History

Lender

Stockton Mortgage Corp

Loan start date

September 2022

Original loan amount

$126,100

Est. remaining balance

$122,321

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Adam Lami

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: Pending/Under Contract

Tomo last checked: 11/05/2024 at 4:20 PM

Listing updated: 11/04/2024 at 5:05 PM

Listed by: Saif Lateef, Keller Williams Lakeside Phone #: (586) 532-0500

MLS: Realcomp #20240063128

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