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$159,900

Beds
2
Baths
1.0
sq ft
1,124

2505 10th St, Monroe, MI 48162

2505 10th St

Frenchtown Twp, MI 48162

  • 45 days on market
    • Price drop $15,000↓
Welcome to this charming 2-bedroom, 1-bathroom home located in the desirable Detroit Beach area. This cozy residence features stunning luxury vinyl plank flooring throughout, adding both style and durability. The inviting living room boasts a wood-burning fireplace, perfect for cozy evenings. The fenced-in yard offers privacy and plenty of space for outdoor activities, while a new furnace and central air system, installed in 2019, ensure year-round comfort. Don't miss the opportunity to make this delightful home yours!

Details

Property type

Single Family Residence

Est. home value

$146,613

Lot size

0.23 acres

Price per sq ft

$143

Year built

1946

Annual property taxes

$1,600

Monthly HOA fee

$4.17

Price History

11/01/2024
Realcomp

Realcomp #57050155966

Listed
$159,900
10/29/2024
Realcomp

Realcomp #57050155966

Pending
$159,900
10/22/2024
Realcomp

Realcomp #57050155966

Price change
$159,900
-8.58%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Jefferson Schools-Monroe Co

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

-$228,170
Asking price
$159,900
Closing costs (~8% of asking)
-$12,792
Est. remaining loan balance
-$375,278
Cash to seller
-$228,170

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

Seller’s Loan History

Lender

Union Home Mortgage Corp

Loan start date

June 2020

Original loan amount

$412,955

Est. remaining balance

$375,278

Interest rate

3.28%

Loan type

New Conventional, 30 year

Seller

Steven A Holmes

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 1:55 AM

Listing updated: 11/01/2024 at 12:25 PM

Listed by: Corey Welch, eXp Realty LLC - Monroe Phone #: (734) 244-5605

MLS: Realcomp #57050155966

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