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$160,000

Beds
2
Baths
1.0
sq ft
1,200

42378 Lochmoor St, Clinton Township, MI 48038

42378 Lochmoor St

Clinton Township, MI 48038

  • 10 days on market
Welcome to this beautifully updated 2-bedroom, lower-level ranch-style condo! This charming home offers an updated kitchen, a refreshed bath, and two spacious bedrooms, all designed for comfortable living. With the added bonus of an extra storage room, you’ll have plenty of space to stay organized. The large, attached one-car garage provides convenience and security, while the expansive, covered patio is perfect for summer BBQs and relaxing outdoor gatherings. Pets are welcome with association approval, making this home pet-friendly as well! The low monthly association fee covers exterior maintenance, snow removal, and water, adding great value and peace of mind. With a 20% down conventional loan, your monthly payment, including the association fee, would be around $1,300—making it more affordable than renting. Additional, 12x12 storage room on 3rd floor giving you lots of storage space Don’t miss out on this fantastic opportunity to own your own home. Schedule your viewing today!

Details

Property type

Condominium

Est. home value

$167,639

Lot size

Unknown

Price per sq ft

$134

Year built

1988

Annual property taxes

$2,600

Monthly HOA fee

$239

Price History

11/12/2024
MiRealSource

MiRealSource #50161009

Listed
$160,000
+37.93%
03/20/2020
MiRealSource

MiRealSource #50003186

Sold
$116,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Chippewa Valley 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

$45,419
Asking price
$160,000
Closing costs (~8% of asking)
-$12,800
Est. remaining loan balance
-$101,781
Cash to seller
$45,419

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2020

Original loan amount

$112,520

Est. remaining balance

$101,781

Interest rate

3.51%

Loan type

New Conventional, 30 year

Seller

Jason Earsley

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 10:25 AM

Listing updated: 11/16/2024 at 2:20 AM

Listed by: Richard L Sparks, Keller Williams Paint Creek Phone #: (248) 609-8000

MLS: MiRealSource #50161009

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