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$125,000

Beds
3
Baths
2.0
sq ft
1,431

3400 N Dixie Hwy, Monroe, MI 48162

3400 N Dixie Hwy

Frenchtown Twp, MI 48162

  • 27 days on market
HUD Home. This sprawling ranch home features an open concept floor plan featuring a Large Kitchen, Dining room area and Living room with Fireplace. Spacious Primary Bedroom suite. Large Backyard. Easy access to shopping and I-75.

Details

Property type

Manufactured On Land

Est. home value

$161,928

Lot size

0.30 acres

Price per sq ft

$88

Year built

1994

Annual property taxes

$1,447.08

Monthly HOA fee

$8.33

Price History

10/25/2024
Realcomp

Realcomp #57050159402

Listed
$125,000
+68.92%
10/02/2015
Realcomp

Realcomp #57020442420

Sold
$74,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Jefferson Schools-Monroe Co

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

$56,181
Asking price
$125,000
Closing costs (~8% of asking)
-$10,000
Est. remaining loan balance
-$58,819
Cash to seller
$56,181

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

Seller’s Loan History

Lender

The Northern Ohio Investment Co

Loan start date

October 2015

Original loan amount

$72,659

Est. remaining balance

$58,819

Interest rate

3.94%

Loan type

FHA, 30 year

Seller

Jeffrey M Johnson and Angela S Johnson

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 9:45 AM

Listing updated: 10/31/2024 at 12:25 PM

Listed by: Connie Hotchkiss, Gerweck Real Estate-Monroe Phone #: (734) 243-4200

MLS: Realcomp #57050159402

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