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$625,000

Beds
4
Baths
3.5
sq ft
3,300

1960 Frances Way, Ypsilanti, MI 48198

1960 Frances Way

SuperiorCharterTownship_Washtenaw, MI 48198

  • Coming soon
Fantastic home in Prospect Pointe features three floors of finished space with a flexible floorplan. This property has four spacious bedrooms upstairs and the option to use the main floor office as a bedroom through the installed Murphy bed unit. The daylight basement is finished and has a kitchenette area, another potential office and a third full bathroom. The home also has hardwood flooring throughout the main and upper floors. The owners suite has a vaulted ceiling, spacious attached bathroom with a separate soaking tub and shower with a large walk-in closet. For added piece of mind the home comes with a whole house generator to keep the power on after any storm. The outside features a brand new deck and a great side yard. Enjoy lower township taxes and still be close to Ann Arbor.

Details

Property type

Single Family Residence

Est. home value

$463,728

Lot size

0.23 acres

Price per sq ft

$190

Year built

2005

Annual property taxes

$6,525.03

Monthly HOA fee

$135

Price History

05/09/2017
Realcomp

Realcomp #543246401

Sold
$290,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Sidewalks

High school district: 

Ypsilanti

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

$368,852
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$206,148
Cash to seller
$368,852

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

September 2020

Original loan amount

$228,782

Est. remaining balance

$206,148

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Luke Nayak and Rachel Nayak

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: Coming Soon

Tomo last checked: 04/03/2025 at 7:45 PM

Listing updated: 04/02/2025 at 12:54 PM

Listed by: John Goetz, National Realty Centers Phone #: (734) 432-2002

MLS: Realcomp #81025013004

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