tomo logo

$340,000

Beds
3
Baths
1.5
sq ft
1,757

3975 Monroe Ave, Waterford, MI 48329

3975 Monroe Ave

Waterford Twp, MI 48329

  • 10 days on market
Welcome Home to your new home sitting on a half-acre lot. This beautifully updated 3-bedroom, 1.5-bath ranch offers a perfect blend of modern amenities and cozy comfort. The beautiful, comfy living room greets you when you enter the door. Featuring hardwood floors throughout, the home boasts a spacious kitchen with sleek granite countertops and newer stainless steel appliances. The kitchen opens to the spectacularly large family room with a stone fireplace. The partially finished basement includes a workshop, providing additional space for storage or hobbies. Recent updates to the home include newer windows, a new roof, gutters, and more, ensuring peace of mind for years to come. Step outside and enjoy the large wrap-around deck, ideal for summer entertaining, and a cement patio and pergola—perfect for outdoor relaxation. The fenced yard provides privacy and plenty of space for pets or children to play. Located on a quiet dead-end street, this home offers easy access to shopping, expressways, and Loon Lake, making it peaceful and convenient.

Details

Property type

Single Family Residence

Est. home value

$357,137

Lot size

0.51 acres

Price per sq ft

$194

Year built

1969

Annual property taxes

$6,421

Price History

11/12/2024
Realcomp

Realcomp #20240085260

Listed
$340,000
+9.85%
07/29/2022
Realcomp

Realcomp #2220034680

Sold
$309,500
+21.37%
06/04/2018
Realcomp

Realcomp #218030339

Sold
$255,000
+240%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Waterford

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

$18,909
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$293,891
Cash to seller
$18,909

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

Seller’s Loan History

Lender

Mega Capital Funding Inc

Loan start date

July 2022

Original loan amount

$303,893

Est. remaining balance

$293,891

Interest rate

5.23%

Loan type

FHA, 30 year

Seller

Theresa A Hopper

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 11:55 PM

Listing updated: 11/16/2024 at 3:18 PM

Listed by: Lorrie Bailey, KW Showcase Realty Phone #: (248) 360-2900

MLS: Realcomp #20240085260

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