tomo logo

$289,900

Beds
6
Baths
3.0
sq ft
2,510

380 Caulkins St, Imlay City, MI 48444

380 Caulkins St

Imlay City, MI 48444

  • 108 days on market
    • Price drop $5,000↓
Recently remodeled Turnkey, fully rented triplex in the City of Imlay! This unit carries steady income year-round! Newer appliances in all units brand new siding and newer roof! Upgraded Mechanicals and a large storage outbuilding on site for the tenants! Live in one unit rent out the other two, let your investment work for you! B/BATVAI.

Details

Property type

Single Family Residence

Est. home value

$191,338

Lot size

7,405 sq ft

Price per sq ft

$116

Year built

1900

Annual property taxes

$5,327

Price History

11/08/2024
Realcomp

Realcomp #20240057214

Price change
$289,900
-1.7%
10/23/2024
Realcomp

Realcomp #20240057214

Price change
$294,900
-1.67%
08/18/2024
Realcomp

Realcomp #20240057214

Price change
$299,900
-4.76%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Imlay City

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

$147,708
Asking price
$289,900
Closing costs (~8% of asking)
-$23,192
Est. remaining loan balance
-$119,000
Cash to seller
$147,708

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

Seller’s Loan History

Lender

Larry Mullins

Loan start date

March 2023

Original loan amount

$170,000

Est. remaining balance

$119,000

Interest rate

6.13%

Loan type

Not Provided, 5 year

Seller

Fick Realty Key West Holdings Llc

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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1211 Sisson Rd, Imlay City, MI 48444

Status: Active

Tomo last checked: 11/22/2024 at 10:05 AM

Listing updated: 11/08/2024 at 11:55 AM

Listed by: Chantel Fick, Realty Executives Main St LLC Phone #: (810) 667-1700

MLS: Realcomp #20240057214

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