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$229,900

Beds
3
Baths
1.5
sq ft
1,578

2020 Lotus Dr, Erie, MI 48133

2020 Lotus Dr

Erie Twp, MI 48133

  • 35 days on market
    • Price drop $5,000↓
Farmhouse with 3BD 1-1/2 BA and approx. 1600 sq. ft. of living space. Gorgeous front porch on three sides, new roof in 2024 with transferable warranty, new lighting, carpet, ceiling in the main living space, new appliances and all to remain with sale, new electric fireplace. New furnace and AC unit in 2021. Large eat in kitchen with ample counterspace and cabinetry. Large front green space and decorative concrete driveway leads you to the two-car detached garage with ample yard space in back. Water view and use for kayaking or paddleboard on the North Maumee Bay water basin outside your front yard!

Details

Property type

Single Family Residence

Est. home value

$191,211

Lot size

7,405 sq ft

Price per sq ft

$146

Year built

1900

Annual property taxes

$1,641.83

Price History

10/21/2024
Realcomp

Realcomp #56050156842

Price change
$229,900
-2.13%
10/07/2024
Realcomp

Realcomp #56050156842

Price change
$234,900
-2.08%
10/01/2024
Realcomp

Realcomp #56050156842

Listed
$239,900
+33.35%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Mason

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

$44,093
Asking price
$229,900
Closing costs (~8% of asking)
-$18,392
Est. remaining loan balance
-$167,415
Cash to seller
$44,093

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

December 2022

Original loan amount

$170,905

Est. remaining balance

$167,415

Interest rate

6.92%

Loan type

New Conventional, 30 year

Seller

Brandon Aponte

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: 11/05/2024 at 8:50 AM

Listing updated: 10/21/2024 at 11:00 AM

Listed by: Gloria Leonard, Howard Hanna Real Estate Services-Adrian Phone #: (517) 263-4100

MLS: Realcomp #56050156842

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