tomo logo

$209,900

Beds
2
Baths
1.0
sq ft
1,122

299 Morton St, Romeo, MI 48065

299 Morton St

Romeo Vlg, MI 48065

  • 25 days on market
Cute updated ranch with first floor laundry. Ample storage in the extremely large shed. The character of the home still evident with modern fixtures. Walking distance to Main St/Downtown Romeo. Newer roof, furnace, HWH & electrical. Appliance included; stove, fridge, washer, dryer, 2x window ac units

Details

Property type

Single Family Residence

Est. home value

$207,784

Lot size

0.37 acres

Price per sq ft

$188

Year built

1890

Annual property taxes

$3,158.27

Price History

06/11/2024
Realcomp

Realcomp #58050145021

Listed
$209,900
+44.76%
07/22/2020
MiRealSource

MiRealSource #50009059

Sold
$145,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Romeo

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

$64,208
Asking price
$209,900
Closing costs (~8% of asking)
-$16,792
Est. remaining loan balance
-$128,900
Cash to seller
$64,208

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

Seller’s Loan History

Lender

Michigan Mutual Inc

Loan start date

July 2020

Original loan amount

$140,650

Est. remaining balance

$128,900

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Gabriella E Robbins

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?

Similar Homes Nearby

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Status: Active

Tomo last checked: 07/07/2024 at 7:15 PM

Listing updated: 06/27/2024 at 1:03 PM

Listed by: Melisa Patterson, Brookstone, Realtors LLC Phone #: (248) 963-0505

MLS: Realcomp #58050145021

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