tomo logo

$155,900

Beds
4
Baths
2.0
sq ft
2,374

228 W 3rd St, Monroe, MI 48161

228 W 3rd St

Monroe, MI 48161

  • 109 days on market
    • Price drop $4,000↓
Well built home with great bones. This is a perfect home with a lot of space. The 4 bedroom and 2 bathroom home has endless potential. Paved driveway and 1 car garage. You don't have to park on the road. The front living room has a separate entrance from the front porch.

Details

Property type

Single Family Residence

Est. home value

$157,476

Lot size

7,405 sq ft

Price per sq ft

$66

Year built

1885

Annual property taxes

$4,711.55

Price History

10/25/2024
Realcomp

Realcomp #57050154275

Price change
$155,900
-2.5%
09/17/2024
Realcomp

Realcomp #57050154275

Price change
$159,900
-5.89%
09/04/2024
Realcomp

Realcomp #57050154275

Listed
$169,900
+34.84%

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

$137,839
Asking price
$155,900
Closing costs (~8% of asking)
-$12,472
Est. remaining loan balance
-$5,589
Cash to seller
$137,839

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

September 2023

Original loan amount

$5,663

Est. remaining balance

$5,589

Interest rate

6.96%

Loan type

FHA, 29 year

Seller

Addie Carr and Susan Carr

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: 12/23/2024 at 5:10 AM

Listing updated: 11/26/2024 at 9:45 AM

Listed by: Lisa Moore, Moore Realty Group - Dundee Phone #: (734) 915-8010

MLS: Realcomp #57050154275

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