tomo logo

$184,500

Beds
4
Baths
1.5
sq ft
1,746

411 N Mercer St, Durand, MI 48429

411 N Mercer St

Durand, MI 48429

  • 57 days on market
    • Price drop $5,400↓
**GREAT NEW PRICE!** This spacious 3-4 bedroom, 1.5 bath 1,746 Sq. ft. 2 story home is now available. The huge living and dining rooms have the original oak floors, with an open staircase. Galley kitchen, adorable with a walk-in pantry! There is also a 4th bedroom or den and a half bath on the first floor! The kitchen leads out to the big back yard with newer maintenance free fencing and an in-ground pool! The small garage is accessible from the alley. The upstairs of this home is wonderful, a great sized primary bedroom with extra space for a computer desk. The upper full bath is also the location of the laundry, very convenient. Two other upstairs bedrooms and all of the flooring is oak! Built in hall storage and a lovely sitting room with French doors. Mostly full basement with newer Hi-E natural gas furnace! Updated electrical and extra room for storage, the basement area has a B-Dry system. Excellent location to walk to the parks, schools and shopping. This home is available for only pre-approved mortgage buyers or cash. There is a 24 hour notice for all showings.

Details

Property type

Single Family Residence

Est. home value

$182,470

Lot size

5,663 sq ft

Price per sq ft

$106

Year built

1920

Annual property taxes

$2,591.08

Price History

06/05/2024
MiRealSource

MiRealSource #50141833

Price change
$184,500
-2.84%
05/11/2024
MiRealSource

MiRealSource #50141833

Listed
$189,900
+131.59%
01/08/2015
Realcomp

Realcomp #214032678

Sold
$82,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Durand Area Schools

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

$160,346
Asking price
$184,500
Closing costs (~8% of asking)
-$14,760
Est. remaining loan balance
-$9,394
Cash to seller
$160,346

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

Seller’s Loan History

Lender

Sagelink Credit Union

Loan start date

January 2013

Original loan amount

$34,000

Est. remaining balance

$9,394

Interest rate

2.66%

Loan type

Not Provided, 15 year

Seller

Roland P Campbell and Donna Marie Campbell

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: 07/07/2024 at 7:15 PM

Listing updated: 06/20/2024 at 4:32 PM

Listed by: MARY SUMPTER, Coldwell Banker Professionals Morrice/Owosso Phone #: (517) 625-4488

MLS: MiRealSource #50141833

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