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$259,900

Beds
4
Baths
1.5
sq ft
1,700

42 E Elm St, Petersburg, MI 49270

42 E Elm St

Summerfield Twp, MI 49270

  • 75 days on market
    • Price drop $5,000↓
Step inside this beautiful home in the heart of Petersburg. This large home offers 4 bedrooms upstairs (one currently being used as a large closet) plus a bonus room on the main floor perfect for an office or 5th bedroom. The newly renovated kitchen is a chefs dream. Complete with granite countertops, soft close cupboards and a large walk in pantry. The partially finished basement offers plenty of storage plus a half bath. Outside you will find a 2 car detached garage and a pool to cool you off on those hot summer nights. All appliances included and keys at closing. Nothing left to do but to move in!

Details

Property type

Single Family Residence

Est. home value

$258,583

Lot size

0.44 acres

Price per sq ft

$153

Year built

1906

Annual property taxes

$4,070.45

Price History

08/21/2024
Realcomp

Realcomp #57050147494

Price change
$259,900
-1.89%
07/26/2024
Realcomp

Realcomp #57050147494

Price change
$264,900
-3.64%
07/04/2024
Realcomp

Realcomp #57050147494

Listed
$274,900
+9.96%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Summerfield

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

$10,149
Asking price
$259,900
Closing costs (~8% of asking)
-$20,792
Est. remaining loan balance
-$228,959
Cash to seller
$10,149

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

Seller’s Loan History

Lender

Directions Cu

Loan start date

May 2022

Original loan amount

$237,500

Est. remaining balance

$228,959

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Kaitlin E Wylie and David M Kirkland

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: 09/17/2024 at 11:35 PM

Listing updated: 08/21/2024 at 7:23 PM

Listed by: Riley Young, eXp Realty LLC - Monroe Phone #: (734) 244-5605

MLS: Realcomp #57050147494

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