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$199,900

Beds
3
Baths
2.0
sq ft
1,544

407 E Elm St, Vernon, MI 48476

407 E Elm St

Vernon Vlg, MI 48476

  • 32 days on market
Wonderful opportunity located in Downtown Vernon - Corunna Schools! Home features hardwood floors and fire lit living room. 1st floor master suite and laundry area. Updated kitchen with granite counters and all appliances included. Nice fenced double lot with saltwater in-ground pool, hot tub plus a 2 car detached garage. Newer roof and windows.

Details

Property type

Single Family Residence

Est. home value

$191,236

Lot size

0.28 acres

Price per sq ft

$130

Year built

1924

Annual property taxes

$3,046

Price History

11/20/2024
Realcomp

Realcomp #20240087636

Listed
$199,900
+38.82%
03/12/2019
Realcomp

Realcomp #218120495

Sold
$144,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Corunna

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

$140,219
Asking price
$199,900
Closing costs (~8% of asking)
-$15,992
Est. remaining loan balance
-$43,689
Cash to seller
$140,219

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

Seller’s Loan History

Lender

Michigan Mutual Inc

Loan start date

August 2009

Original loan amount

$64,337

Est. remaining balance

$43,689

Interest rate

5.32%

Loan type

FHA, 30 year

Seller

Kathryn Peters and Daniel B Miotke

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: 12/23/2024 at 11:45 AM

Listing updated: 11/26/2024 at 9:45 PM

Listed by: Timothy Lanphear, The Brokerage Real Estate Enthusiasts Phone #: (248) 297-5551

MLS: Realcomp #20240087636

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Recently listed in Vernon Vlg

$199,900|3 bd|2.0 ba|House
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