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$339,900

Beds
4
Baths
2.5
sq ft
2,160

1940 Elkton Dr, Monroe, MI 48162

1940 Elkton Dr

Frenchtown Twp, MI 48162

  • 12 days on market
    • Open house Sep 21
OPEN HOUSE SATURDAY 9/21/24 NOON TO 3PM. Meticulously maintained 3 bedroom 2.5 bath home. The den on the first floor could be a fourth bedroom. Beautifully updated kitchen has quartz countertops with the dishwasher, microwave and garbage disposal new in 2021. There is an open flow between the kitchen, dinning room and living room. It also has a first floor laundry room and nice finished basement. There is an extra sitting/play area at the top of the stairs. The roof was installed in 2019 and tankless water heater, AC and furnace in 2011. The home has been freshly painted with new crown molding added and many new light fixtures. Nothing to do but move in. Also no neighbors behind you, only the peaceful pond and woods

Details

Property type

Single Family Residence

Est. home value

$318,033

Lot size

9,148 sq ft

Price per sq ft

$158

Year built

2005

Annual property taxes

$3,053.68

Monthly HOA fee

$52.67

Price History

09/06/2024
Realcomp

Realcomp #57050154588

Listed
$339,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Monroe

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

$206,176
Asking price
$339,900
Closing costs (~8% of asking)
-$27,192
Est. remaining loan balance
-$106,532
Cash to seller
$206,176

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

November 2012

Original loan amount

$147,283

Est. remaining balance

$106,532

Interest rate

3.49%

Loan type

FHA, 30 year

Seller

Douglas W Minton and Shelly A Minton

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?

Status: Active

Tomo last checked: 09/19/2024 at 4:50 AM

Listing updated: 09/16/2024 at 9:11 PM

Listed by: William VanWormer, Key Realty One LLC - Summerfield Phone #: (734) 606-9763

MLS: Realcomp #57050154588

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