tomo logo

$520,000

Beds
4
Baths
2.5
sq ft
2,436

3481 Prescott Dr, Howell, MI 48843

3481 Prescott Dr

Marion Twp, MI 48843

  • 1 day on market
Welcome home to the sought-after Cedar Creek Estates community. This spacious 4-bedroom colonial sits on just over an acre, with a large composite deck and stamped concrete patio overlooking the beautiful yard. Fruit trees, fenced-in garden area with perennial asparagus, and a beautiful willow tree adorn the park-like lot, creating a tranquil picturesque setting. The large and spacious family room includes a natural wood-burning fireplace and is open to the kitchen, which offers stainless steel appliances, granite countertops, and an eat-in nook. The first floor has large formal living and dining rooms, a den/flex room, and an updated half bath. The large second-floor primary bedroom has a walk-in closet and master bath with a soaking tub, tiled shower, and double vanity! 3 additional bedrooms and an updated full bath on the second floor. Luxury vinyl plank flooring throughout the first and second floors for easy care. Finished daylight basement is already plumbed for an additional full bathroom. Water softener and reverse osmosis system included. Don’t miss out on this gem!

Details

Property type

Single Family Residence

Est. home value

$460,536

Lot size

1.15 acres

Price per sq ft

$214

Year built

2005

Annual property taxes

$4,192

Monthly HOA fee

$50

Price History

09/17/2024
Realcomp

Realcomp #20240069748

Listed
$520,000
+33.33%
09/17/2021
Realcomp

Realcomp #2210058231

Sold
$390,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Howell

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

$132,576
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$345,824
Cash to seller
$132,576

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

Seller’s Loan History

Lender

Amerifirst Financial Corp

Loan start date

September 2021

Original loan amount

$370,500

Est. remaining balance

$345,824

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Christopher M Hollis and Karis Hollis

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: 09/19/2024 at 4:50 AM

Listing updated: 09/18/2024 at 6:11 AM

Listed by: Shannon Hartt, REsource Custom Realty Phone #: (810) 777-7234

MLS: Realcomp #20240069748

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