tomo logo

$305,000

Beds
3
Baths
1.5
sq ft
1,250

3255 W Frances Rd, Mount Morris, MI 48458

3255 W Frances Rd

Mt. Morris Twp, MI 48458

  • 101 days on market
    • Price drop $14,000↓
beautiful 3 bedroom 2.0 bath ranch nestled in on 10 Acres with wildlife in all corners, Solar Heating, Home is overlooking a huge pond where deer, and wildlife are plentiful.

Details

Property type

Single Family Residence

Est. home value

$198,274

Lot size

10.00 acres

Price per sq ft

$244

Year built

Unknown

Annual property taxes

$3,065

Price History

08/02/2024
Realcomp

Realcomp #20240040566

Price change
$305,000
-4.39%
07/16/2024
Realcomp

Realcomp #20240040566

Price change
$319,000
-3.04%
06/23/2024
Realcomp

Realcomp #20240040566

Price change
$329,000
-5.73%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Mt. Morris

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

$140,934
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$139,666
Cash to seller
$140,934

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

November 2021

Original loan amount

$167,000

Est. remaining balance

$139,666

Interest rate

2.28%

Loan type

New Conventional, 15 year

Seller

Brenda Taylor and Charles Taylor Jr

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

Price drop
Realcomp
$275,000
3 bd
|
1.5 ba
|
1,700 sq ft
|
House

9440 N Linden Rd, Clio, MI 48420

Price drop
Realcomp
$279,900
3 bd
|
1.5 ba
|
1,840 sq ft
|
House

7335 N Linden Rd, Mount Morris, MI 48458

Price drop
Realcomp
$299,000
3 bd
|
1.5 ba
|
2,352 sq ft
|
House

5205 W Wilson Rd, Clio, MI 48420

Status: Active

Tomo last checked: 09/19/2024 at 7:15 PM

Listing updated: 08/02/2024 at 10:13 PM

Listed by: Daniel L Kasco, Imperial Properties & Assoc LLC Phone #: (810) 374-6115

MLS: Realcomp #20240040566

Realcomp logo

Recently listed in Mt. Morris Twp

$119,900|3 bd|1.5 ba|House
$119,900|2 bd|1.0 ba|House
$400,000|5 bd|3.0 ba|House
$149,900|2 bd|1.5 ba|House
$109,900|3 bd|1.0 ba|House
$142,900|2 bd|1.0 ba|Townhouse
$155,000|4 bd|2.0 ba|House
$125,000|3 bd|1.5 ba|House