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$120,000

Beds
2
Baths
1.0
sq ft
881

2931 Rockford Ct, Lake Orion, MI 48360

2931 Rockford Ct

Lake Orion, MI 48360

  • 33 days on market
    • Price drop $10,000↓
*** SELLER WILL PAY THE CURRENT ASSESSMENT $3243** This desirable END UNIT on the 2nd floor has an open floor plan with 2 bedrooms, the large primary bedroom has a walk-in closet, in-unit laundry, and attached one car garage with direct access. The upper balcony over looks the open fields at the end of the court. All appliances and keys at closing. Enjoy a bike ride or walk to the nearby trails and dog park. Pets welcome. Easy access to I-75 and M-24 plus lots of shopping, restaurants, and entertainment. Association fees include water, sewer, garbage, snow removal, outside lawn maintenance.

Details

Property type

Condominium

Est. home value

$146,725

Lot size

Unknown

Price per sq ft

$137

Year built

1974

Annual property taxes

$1,689.44

Monthly HOA fee

$400

Price History

10/21/2024
MiRealSource

MiRealSource #50157106

Price change
$120,000
-7.69%
10/14/2024
MiRealSource

MiRealSource #50157106

Price change
$130,000
-10.34%
10/03/2024
MiRealSource

MiRealSource #50157106

Listed
$145,000
+26.09%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lake Orion Community Schools

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

$8,442
Asking price
$120,000
Closing costs (~8% of asking)
-$9,600
Est. remaining loan balance
-$101,958
Cash to seller
$8,442

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

Seller’s Loan History

Lender

Amerifirst Financial Corp

Loan start date

December 2020

Original loan amount

$111,550

Est. remaining balance

$101,958

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Nickolas W Gunter

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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2755 Fox Hollow Ct, Lake Orion, MI 48360

Status: Active

Tomo last checked: 11/05/2024 at 5:50 AM

Listing updated: 10/21/2024 at 1:52 PM

Listed by: Matthew Dolechek, KW Platinum Phone #: (586) 949-0200

MLS: MiRealSource #50157106

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