tomo logo

$225,000

Beds
3
Baths
1.5
sq ft
1,529

18173 15 Mile Rd, Clinton Township, MI 48035

18173 15 Mile Rd

Clinton Twp, MI 48035

  • 49 days on market
    • Price drop $20,000↓
This 3 bedroom, 1.5 bathroom home is located in Fraser School District and has a lot to offer! Some of its most notable features include (but are not limited to): -Ranch with first-floor laundry off kitchen -Open-concept kitchen, living and dining room -Lots of hidden storage and character throughout -Large bathroom -Large Primary Bedroom -Massive yard with room for outdoor toys, 2nd garage, pool, and more. -Attached garage that is great for outdoor parties Don't miss your chance to own this great property! It is conveniently located near great dining, shopping, and more. BATVAI

Details

Property type

Single Family Residence

Est. home value

$238,957

Lot size

0.62 acres

Price per sq ft

$148

Year built

1953

Annual property taxes

$3,722

Price History

09/12/2024
Realcomp

Realcomp #20240055709

Price change
$225,000
-8.16%
08/24/2024
Realcomp

Realcomp #20240055709

Price change
$245,000
-2%
07/31/2024
Realcomp

Realcomp #20240055709

Listed
$250,000
+55.28%

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

$199,426
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$7,574
Cash to seller
$199,426

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

Seller’s Loan History

Lender

Midfirst Bank

Loan start date

January 2024

Original loan amount

$7,594

Est. remaining balance

$7,574

Interest rate

7.03%

Loan type

FHA, 40 year

Seller

Justin Ellis and Sara Ellis

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: 09/19/2024 at 4:50 AM

Listing updated: 09/14/2024 at 1:21 PM

Listed by: Timothy Morabito, RE/MAX First Phone #: (586) 792-8000

MLS: Realcomp #20240055709

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