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$150,000

Beds
3
Baths
2.0
sq ft
1,568

2844 1st St, Monroe, MI 48162

2844 1st St

Frenchtown Twp, MI 48162

  • 66 days on market
    • Price drop $20,000↓
Located walking distance to Lake Erie as well as community parks and the Detroit Beach Boat Club is this 3 bedroom, 2 full bath ranch home with fenced backyard, detached oversized garage and shed. The living room offers a fireplace open to the dining area, spacious kitchen and master bedroom with full bathroom. Sold as-is, cash only! This property may qualify for Seller Financing (Vendee). Property is located in FEMA flood zone X, which does NOT currently require flood insurance. Water/Gas will not be turned on for inspections. Buyer to assume special assessments, IF ANY, as well as pay for all title and transfer costs. Seller will not consider offers contingent on the sale of the purchasers home. Buyer agent to verify all data.

Details

Property type

Single Family Residence

Est. home value

$223,499

Lot size

0.26 acres

Price per sq ft

$96

Year built

2001

Annual property taxes

$4,056.67

Monthly HOA fee

$7.33

Price History

12/20/2024
Realcomp

Realcomp #81024054895

Price change
$150,000
-11.76%
11/19/2024
Realcomp

Realcomp #81024054895

Price change
$170,000
-5.56%
10/17/2024
Realcomp

Realcomp #81024054895

Listed
$180,000
+26.32%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Jefferson Schools-Monroe Co

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Monroe Bank & Trust Co

Loan start date

February 1997

Original loan amount

$46,500

Est. remaining balance

$0

Interest rate

7.64%

Loan type

New Conventional, 20 year

Seller

Beverly M Newby None

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 5:25 AM

Listing updated: 12/20/2024 at 11:20 AM

Listed by: Brad Jordan, Realty Experts, LLC Phone #: (734) 484-3300

MLS: Realcomp #81024054895

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