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$295,000

Beds
3
Baths
2.0
sq ft
1,472

295 W 5th St, Imlay City, MI 48444

295 W 5th St

Imlay City, MI 48444

  • 37 days on market
Built in 2013, this beautiful 3 bedroom 2 bath ranch sits on a corner lot in downtown Imlay City! One of the newest homes in the city, this property has a lot to offer. The spacious open-concept living room, dining and kitchen area includes maple hardwood floors with lots of natural light. First floor laundry! All appliances are included. All three bedrooms and both full baths are located on the main floor. One full bath features a tub while the other includes a stand up shower. Downstairs is the full unfinished basement with lots opportunity to turn it into finished space. Upper and lower square footage is over 2,800! The two car attached garage has a side door that leads to the cement patio and fenced in backyard. Enjoy the covered front porch or take a short walk to town. Conveniently located to shopping, schools and commuter roads!

Details

Property type

Single Family Residence

Est. home value

$303,490

Lot size

8,712 sq ft

Price per sq ft

$201

Year built

2013

Annual property taxes

$6,885

Price History

11/16/2024
Realcomp

Realcomp #20240062378

Removed
$295,000
11/15/2024
Realcomp

Realcomp #20240086448

Listed
$295,000
08/21/2024
Realcomp

Realcomp #20240062378

Listed
$295,000
+20.41%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Imlay City

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

$160,943
Asking price
$295,000
Closing costs (~8% of asking)
-$23,600
Est. remaining loan balance
-$110,457
Cash to seller
$160,943

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

Seller’s Loan History

Lender

Lakestone B&T

Loan start date

July 2017

Original loan amount

$131,200

Est. remaining balance

$110,457

Interest rate

3.89%

Loan type

Not Provided, 29 year

Seller

Jenna Welch and Scott Krug

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 1:25 AM

Listing updated: 12/09/2024 at 9:44 AM

Listed by: Brandon K Rowley, Realty Executives Main St LLC Phone #: (810) 667-1700

MLS: Realcomp #20240086448

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