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$142,000

Beds
3
Baths
1.0
sq ft
864

306 W Erie St, Albion, MI 49224

306 W Erie St

Albion, MI 49224

  • 35 days on market
Welcome to 306 W Erie St! This charming home boasts 3 bedrooms, 1 bath, and ample living space. Recent updates have enhanced its condition, ensuring it is move-in ready. The full, clean basement is set-up with a nice laundry space and a bonus room that could be used as a workshop or hobby space. Situated on a fenced-in corner double lot, this property offers secure outdoor space. Plus, it's within walking distance of Albion's Historical District. Don't miss out--schedule your showing today and experience the charm of this well-maintained home!

Details

Property type

Single Family Residence

Est. home value

$81,820

Lot size

0.26 acres

Price per sq ft

$165

Year built

1970

Annual property taxes

$1,233.97

Price History

08/08/2024
Realcomp

Realcomp #55024041334

Listed
$142,000
+95.86%
07/15/2020
Realcomp

Realcomp #64020014480

Sold
$72,500
07/15/2020
Realcomp

Realcomp #55021048163

Sold
$72,499

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Albion

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

$66,457
Asking price
$142,000
Closing costs (~8% of asking)
-$11,360
Est. remaining loan balance
-$64,183
Cash to seller
$66,457

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 State University Fcu

Loan start date

July 2020

Original loan amount

$70,324

Est. remaining balance

$64,183

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Ryan A Lucia and Angel T Lucia

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: 09/13/2024 at 6:10 PM

Listing updated: 08/19/2024 at 11:03 AM

Listed by: My Smart Team, PRODUCTION REALTY Phone #: (517) 879-4141

MLS: Realcomp #55024041334

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