tomo logo

$240,000

Beds
4
Baths
2.0
sq ft
1,760

316 Wooded Pl, Monroe, MI 48162

316 Wooded Pl

Monroe, MI 48162

  • 129 days on market
    • Price drop $20,000↓
Sale is contingent on seller finding suitable housing, actively looking! Welcome to your dream home in the serene Shadowlawn Heights neighborhood, where comfort meets convenience! This spacious four-bedroom, two-bathroom gem is tucked away on a peaceful dead-end street, offering a perfect retreat just behind SMCC. Step inside to discover a bright and inviting atmosphere, enhanced by an updated furnace and A/C, ensuring year-round comfort, and a modern 200 Amp electrical panel. The heart of the home, the kitchen, shines with elegant quartz countertops and sleek stainless steel appliances, making it a culinary paradise. Retreat to the primary bedroom, where you’ll be greeted by soaring cathedral ceilings, a generous walk-in closet, and a luxurious ensuite featuring a rejuvenating jacuzzi soaker tub and a separate shower. Outside, enjoy the privacy of a newer fence, a spacious shed for all your gardening tools, and a two-car garage for added convenience. The basement is a practical space with cabinets and a countertop, perfect for laundry and storage needs, while the finished third-floor bedroom with built-in cabinets offers endless possibilities—think home office, guest room, or creative studio! Take advantage of nearby amenities, including IHM, walking trails, and the beautiful St. Mary's Park/Riverwalk. Nature lovers will delight in the rich variety of bird species that call this area home. Plus, for your peace of mind, the seller is including a one-year home warranty. This is more than just a house; it’s a place to create lasting memories. Don't let this incredible opportunity slip away!

Details

Property type

Single Family Residence

Est. home value

$240,395

Lot size

7,405 sq ft

Price per sq ft

$137

Year built

1929

Annual property taxes

$3,949.03

Price History

11/16/2024
MiRealSource

MiRealSource #50148736

Price change
$240,000
-7.69%
11/04/2024
MiRealSource

MiRealSource #50148736

Price change
$260,000
+4.04%
08/16/2024
MiRealSource

MiRealSource #50148736

Removed
$249,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Monroe Public 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

$168,511
Asking price
$240,000
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$52,289
Cash to seller
$168,511

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

Seller’s Loan History

Lender

Towne Mortgage Co

Loan start date

February 2010

Original loan amount

$76,000

Est. remaining balance

$52,289

Interest rate

5.05%

Loan type

New Conventional, 30 year

Seller

James Ploeger and Michelle L Ploeger

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: 11/22/2024 at 3:15 PM

Listing updated: 11/16/2024 at 11:40 AM

Listed by: Marshall Wood, Howard Hanna Real Estate Services-Tecumseh Phone #: (517) 424-4444

MLS: MiRealSource #50148736

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