tomo logo

$150,000

Beds
3
Baths
1.5
sq ft
1,326

232 E State St, Montrose, MI 48457

232 E State St

Montrose, MI 48457

  • 178 days on market
    • Price drop $5,000↓
Charming and well-maintained, this 3-bedroom, 1.5-bath home is a must-see! Featuring an oversized 1-car detached garage, this property offers convenience and plenty of space. Located just a short walk from food, shopping, schools, and the beloved Caboose Ice Cream, you’ll have everything you'll need right within walking distance. The home has a fenced backyard, perfect for pets and outdoor gatherings. Inside, you’ll find brand new flooring and fresh paint throughout, providing a modern and clean look. It comes equipped with a new AC unit installed in 2020, a new furnace from 2018, and a newer water heater. The roof on the house was replaced in 2005, and the garage roof was updated in 2018. Additionally, some windows have been updated to enhance energy efficiency. All appliances are included!

Details

Property type

Single Family Residence

Est. home value

$130,183

Lot size

8,276 sq ft

Price per sq ft

$114

Year built

1940

Annual property taxes

$4,044

Price History

09/12/2024
Realcomp

Realcomp #20240045826

Price change
$150,000
-3.23%
08/02/2024
Realcomp

Realcomp #20240045826

Price change
$155,000
-3.06%
07/19/2024
Realcomp

Realcomp #20240045826

Price change
$159,900
-3.09%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Montrose

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

$70,228
Asking price
$150,000
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$67,772
Cash to seller
$70,228

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

April 2022

Original loan amount

$71,200

Est. remaining balance

$67,772

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Rossano Rea

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 7:40 AM

Listing updated: 11/25/2024 at 4:48 PM

Listed by: Shanna Satkowiak, The Brokerage Real Estate Enthusiasts Phone #: (248) 297-5551

MLS: Realcomp #20240045826

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