tomo logo

$325,000

Beds
2
Baths
2.5
sq ft
1,679

3042 Cloverly Ln, Ann Arbor, MI 48108

3042 Cloverly Ln

Ann Arbor, MI 48108

  • 33 days on market
Highly sought, rarely available 3 level condominium. This Cloverly Village 2 bedroom + study/loft, 2 1/2 bath,1679 SF condominium has courtyard frontage and beautiful views. Spacious Master has 2 large closets and 2nd BR has a balcony! Upper floor loft/study allows for many uses including guest room, home office or playroom. Convenient second floor stacked washer/dryer in laundry area tucked away into a closet. Unit conveniently has a one car garage as well. Entire unit has been freshly painted throughout with some new carpet as well- ready for the next owner. Easy commute to U of M, downtown, hospitals, shopping, highways and the Big House. Located on AATA Bus Routes 5 and 6, students and employees ride free to campus. Association fee includes water, sewer, trash, lawn care, snow removal, exterior maintenance and insurance. BATVAI

Details

Property type

Townhouse

Est. home value

$253,597

Lot size

Unknown

Price per sq ft

$194

Year built

2004

Annual property taxes

$5,986

Monthly HOA fee

$270

Price History

12/31/2024
Realcomp

Realcomp #20240094492

Listed
$325,000
+73.33%
02/12/2021
Realcomp

Realcomp #543277494

Sold
$187,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ann Arbor

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

$162,494
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$136,506
Cash to seller
$162,494

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 Llc

Loan start date

February 2021

Original loan amount

$150,000

Est. remaining balance

$136,506

Interest rate

2.66%

Loan type

New Conventional, 30 year

Seller

John Bosco Abakporo and Uchenna Abakporo

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: 02/02/2025 at 12:10 PM

Listing updated: 02/01/2025 at 4:54 PM

Listed by: Nusrat Moghul, Arterra Luxe Collection LLC Phone #: (248) 733-5893

MLS: Realcomp #20240094492

Realcomp logo

Recently listed in Ann Arbor

$429,000|3 bd|2.5 ba|House
$799,900|4 bd|4.5 ba|House
$645,000|3 bd|2.0 ba|House
$669,000|4 bd|3.0 ba|House
$2,529,900|4 bd|3.5 ba|House
$415,000|8 bd|4.0 ba|House
$1,350,000|4 bd|3.5 ba|House

Explore top cities in Michigan