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$375,000

Beds
3
Baths
2.5
sq ft
1,856

2540 Southlawn St, Ypsilanti, MI 48197

2540 Southlawn St

Ypsilanti Twp, MI 48197

  • 4 days on market
    • Open house Jul 07
Welcome to this lovely contemporary split-level home just moments from everywhere! Featuring multi-zone thermostats and two walk-in closets in the master bedroom, this home has been thoughtfully updated. In 2020, all interior paint was refreshed, and new kitchen and laundry appliances were installed, along with a new AC unit. The deck was restained, and the front and garage doors were painted in 2024. Enjoy new carpet in the master bedroom, stairs, and upstairs rooms installed between 2022 and 2023. The kitchen boasts KraftMaid cabinetry and stainless steel appliances, while the living area features a custom-built fireplace surround with a live edge mantle. The formal dining room, complete with French doors, adds a touch of elegance. Upstairs, a second master suite provides additional comfort, and the third bedroom offers balcony access. Custom wood blinds adorn the main level, and blackout shades in both master suites ensure restful sleep. Additional conveniences include a main-level laundry, custom wood trim throughout, and daylight windows in the basement. Built with spray foam insulation and 2x6 construction, this home promises energy efficiency. The large 2.5-car garage offers ample space, and the community gardens provide a delightful outdoor retreat. What more can you ask for?

Details

Property type

Single Family Residence

Est. home value

$375,851

Lot size

6,098 sq ft

Price per sq ft

$203

Year built

2005

Annual property taxes

$6,742

Price History

07/03/2024
Realcomp

Realcomp #20240047493

Listed
$375,000
+66.67%
12/23/2019
Realcomp

Realcomp #543268985

Sold
$225,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$150,331
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$194,669
Cash to seller
$150,331

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

December 2019

Original loan amount

$213,750

Est. remaining balance

$194,669

Interest rate

3.69%

Loan type

Not Provided, 30 year

Seller

Alex Joseph Yanik Erstad and Sophia Kathryn Erstad

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: Active

Tomo last checked: 07/07/2024 at 4:20 PM

Listing updated: 07/07/2024 at 11:33 AM

Listed by: Victoria L Evans, Howard Hanna Ann Arbor Phone #: (734) 761-6600

MLS: Realcomp #20240047493

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