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$500,000

Beds
2
Baths
2.0
sq ft
1,125

3484 Ann Arbor Saline Rd, Ann Arbor, MI 48103

3484 Ann Arbor Saline Rd

Pittsfield Twp, MI 48103

  • 161 days on market
    • Price drop $100,000↓
Unique property value in land. Zoned agriculture and planned for suburban residential which allows 2.5 dwelling units per acre. Perfect for buillder or developer or someone that wants to build they're dream home. Great location next to u of m campus 94 briarwood mall and many new developments. Land contract terms available for full purchase price with $300,000 down payment $7500 per month 5 year baloon. Seller is licensed real estate agent Batvai

Details

Property type

Single Family Residence

Est. home value

$598,544

Lot size

2.00 acres

Price per sq ft

$445

Year built

1945

Annual property taxes

$5,814

Price History

06/30/2024
Realcomp

Realcomp #20240004803

Price change
$500,000
-16.67%
04/24/2024
Realcomp

Realcomp #20240004803

Price change
$600,000
-7.69%
04/05/2024
Realcomp

Realcomp #20240004803

Price change
$650,000
-7.14%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ann Arbor

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

$311,463
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$148,537
Cash to seller
$311,463

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

Seller’s Loan History

Lender

Lake Michigan Cu

Loan start date

July 2016

Original loan amount

$178,600

Est. remaining balance

$148,537

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

Benjamin A Margolis

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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1336 Hutchins Ave, Ann Arbor, MI 48103

Status: Active

Tomo last checked: 07/04/2024 at 10:10 PM

Listing updated: 06/30/2024 at 11:33 PM

Listed by: Benjamin Margolis, Max Broock Realtors Phone #: (248) 851-4100

MLS: Realcomp #20240004803

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